A US judge has rejected reality TV star Kim Kardashian’s plea to dismiss the crypto-related litigation now pending against her. There are allegations that Kim defrauded investors. By promoting EthereumMax on her social media platforms without disclosing that she was compensated for doing so. Kim Kardashian’s attorneys asked the judge
June 7, 2023 2 mins read
According to Semafor, FTX is considering selling its interest in OpenAI competitor Anthropic. According to reports from November 2022, the cryptocurrency exchange now owns over $500 million worth of shares in Anthropic. Semafor reports that the bank that might be selling the shares is Perella Weinberg, and that the bank
June 7, 2023 1 min read
Machi Big Brother, a well-known NFT whale and former musician and tech entrepreneur, recently made headlines when they announced that they would be moving their Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs to the widely-used Binance cryptocurrency exchange. As a show of support for Binance
June 6, 2023 1 min read
Additional initiatives to increase the openness of AI technologies like OpenAI’s ChatGPT have been explored by European Union officials. Companies using generative AI technologies that have the “potential to generate disinformation” should mark their material. Vera Jourova, vice president for values and transparency at the European Commission, told the media
June 6, 2023 1 min read
On-chain specialists verified on June 5 that Multichain protocol transactions were taking place, signaling the return of certain cross-chain bridges. Vice President and admin Tung Dinh of Multichain has verified that router2 has returned to service. The price of Multichain’s native token, MULTI, soared by 40% in a matter of
June 5, 2023 1 min read
Well-known Bloomberg analyst Mike McGlone is skeptical about Bitcoin’s recent price movement. McGlone issued his June Crypto Outlook report, which predicts a catastrophic decline for the flagship cryptocurrency and the whole crypto market in the next months, lending more support to his prediction. The senior macro analyst at Bloomberg Intelligence
June 3, 2023 1 min read
The proposal for the upgrade to v2.1.0 of Terra Classic was issued by the Joint L1 Task Force (L1TF) for debate and evaluation on Commonwealth. Since the Terra Classic community gained control of the blockchain in May of last year during the Terra-LUNA dispute, this is one of the most
June 3, 2023 2 mins read
Qatar Central Bank (QCB) has been criticized by the Financial Action Task Force (FATF). This is for failing to effectively implement QCB’s own policies forbidding virtual asset service providers. To successfully tackle developing kinds of criminal conduct. Such as punishing virtual asset service providers. Qatar has to enhance its skills,
June 2, 2023 1 min read
On Thursday, voters decided unanimously to remove Paxos from the reserve asset holdings, after a vote on a governance proposal to reduce the USDP debt cap from $500 million to zero. There were 35 voters that cast a total of 73,249 MKR tokens. According to the proposal’s authors at MakerDAO
June 2, 2023 1 min read
In a speech on Thursday, European Central Bank President Christine Lagarde indicated that additional interest rate rises were likely throughout the continent since it is not yet clear that core inflation in the eurozone has peaked. In a lecture given Thursday in Hanover, Germany, Lagarde said, “There is no clear
June 1, 2023 1 min read
