Tue, April 23

Dogecoin Investors vs. Elon Musk: Lawyers Seek Disqualification for Misconduct

Elon Musk, the CEO of Tesla, is facing accusations of market manipulation and insider trading of Dogecoin (DOGE). A group of Dogecoin investors filed this case against Elon Musk. According to the court filing in the case, the lawyers representing the group of Dogecoin investors want Musk’s lawyer thrown out

June 27, 2023 2 mins read

OKX’s BRC-20 Token Standard Security Assessment Approved by CertiK

OKX’s implementation of the BRC-20 token standard has passed a security assessment conducted by CertiK, the industry leader in blockchain security. This is a crucial step towards adding Ordinals to the Bitcoin blockchain. And a turning point for the cryptocurrency and blockchain industries. CertiK and @okx have joined forces to

June 26, 2023 2 mins read

Swiss Authorities Seize $26M in Crypto and Fiat Linked To Do Kwon

Prosecutors in Switzerland were urged by the US Securities and Exchange Commission (SEC) and the New York Federal Prosecutors Office to seize cryptocurrency and fiat cash held by digital asset bank Sygnum on behalf of Terraform Labs and its co-founder Do Kwon. Dentons, the elite legal firm representing Terraform Labs

June 26, 2023 2 mins read

HSBC Now Allows Buying and Selling Bitcoin ETFs in Hong Kong

HSBC, Hong Kong’s biggest bank, is now facilitating the purchase and sale of Bitcoin ETFs listed on the Hong Kong Stock Exchange. Cryptocurrency exchange-traded funds (ETFs) such as CSOP Bitcoin Futures ETF, CSOP Ethereum Futures ETF, and Samsung Bitcoin Futures Active ETF are all available on the Hong Kong stock

June 26, 2023 2 mins read

Japan Lures Investors by Relaxing Crypto Assets Taxation for Firms

The Japanese National Tax Agency is relaxing its position on taxing crypto assets for companies operating in Japan. To make it simpler for cryptocurrency-related businesses to operate in Japan. The tax administration has reportedly announced that unrealized profits from cryptocurrencies produced by corporations themselves would no longer be taxed. Taxation

June 26, 2023 2 mins read

Amazon Banking on AI, Invests $100M Towards AWS Generative AI Center

Amazon Web Services (AWS) is spending $100 million on a solution to compete with Microsoft and Google in the field of generative AI. Supposedly, the planned AWS Generative AI Innovation Centre would serve as a conduit between Amazon’s AI and machine learning specialists and customers who want to develop cutting-edge

June 26, 2023 1 min read

ChatGPT and Hedera Integration Simplifies Managing Assets

The convergence of blockchain and AI is where ChatGPT and HBAR really shine. ChatGPT is able to safely connect with the Hedera network and its services. Including the Hedera Consensus Service (HCS), Hedera Token Service (HTS), and Smart Contract Service. Thanks to the decentralized attribute of blockchain networks. With the

June 25, 2023 2 mins read

Jim Cramer Clarifies Stance on Crypto: Only Opposes Scam Ventures

“Mad Money” anchor and crypto critic Jim Cramer from CNBC has made it clear that he is “not against crypto,” but is against fraudulent ventures using cryptocurrency. The American, who has changed his mind several times over the years, has made another contentious declaration. The cryptocurrency industry often makes fun

June 25, 2023 2 mins read

Court Orders Permanent Injunction in Hermes NFT Infringement Case

On Friday, a federal court in Manhattan accepted Hermes’ plea to permanently stop the sale of “MetaBirkin” non-fungible tokens by artist Mason Rothschild, after a jury found that the tokens infringed on the French luxury house’s trademark rights in its famous Birkin handbags. U.S. District Judge Jed Rakoff said that

June 25, 2023 2 mins read

SAP’s Breakthrough: Streamlining Cross-Border Payments with USDC

SAP, the renowned German software company, is embarking on a transformative journey to tackle the challenges associated with cross-border payments by conducting tests of Circle’s USDC stablecoin. This innovative initiative aims to alleviate businesses’ complexities when moving money abroad. By leveraging blockchain technology and digital currencies, SAP envisions a future

June 24, 2023 2 mins read