Sunday, May 5, 2024
Wyoming Senator Cynthia Lummis has pointed out that the SEC's policies are going overboard and overreaching on cryptocurrencies. US Senator Cynthia Lummis is not a supporter of the Securities and Exchange Commission's (SEC)...
FTX's Sam Bankman-Fried has been found guilty by the court and could face up to 115 years in prison. According to reports, the decision was made after more than 4 hours of deliberation. However, for Renato...
The former FTX CEO was found guilty of seven counts of fraud in Manhattan Federal Court. The Court concluded that Sam Bankman-Fried committed “one of the largest financial frauds in American history.” Sam Bankman-Fried faces a...
Alibaba introduces Tongyi Qianwen 2.0, an advanced big language model, to compete with American tech giants. In addition to Tongyi Qianwen 2.0, Alibaba launched industry-specific Artificial Intelligence (AI) models and GenAI service platform. Amid AI advances,...
Republican Senator Cynthia Lummis was frustrated by the correction of the Wall Street Journal, the source she used to request an investigation. The representative admitted that there is a misconception that cryptocurrencies are a tool for...
The cryptocurrency market is no stranger to regulatory uncertainties, and recent events suggest that Dent Joe Biden's impending executive order on artificial intelligence (AI) could have major implications, including potential chaos for XRP and the broader...
Given the confrontation of many crypto platforms with the US financial police, a number of politicians have emerged willing to defend Bitcoin and other crypto assets. In Bitcoin we trust! In the United...
Senator Lummis calls for a thorough examination of Binance and Tether for alleged illicit financial activities, highlighting concerns in cryptocurrencies. The allegations against Binance include facilitating the financing of terrorism, prompting calls for action from US...
Anthony Scaramucci, founder and managing partner of SkyBridge Capital, expressed his opinion regarding the controversial SBF case. On October 25, 2023, Anthony Scaramucci, former White House Communications Director and founder and managing partner...
Digital Currency Group (DCG) reports a 23% increase in Q3 revenue, rising from $153 million in Q2 to $188 million in Q3, despite the decline in cryptocurrencies. DCG's Grayscale Investments, the world's largest Bitcoin fund, has...