As Artificial Intelligence (AI) continues to attain breakthroughs in what’s possible, there is a growing concern about whether these innovations may become more powerful than their creators. Matt Clifford, chairman of the UK’s Advanced Research and Invention Agency (ARIA), stressed this in a recent interview with a local news outlet. AI Needs Regulation Within 2...Read More
Binance CEO Changpeng Zhao (CZ) has been issued a summons by the U.S. District Court for the District of Columbia following a lawsuit against himself and his exchange on Monday. The CEO must respond to the summons within 21 days, but is not required to appear in person. Other entities named in the lawsuit, including...Read More
Sweat Economy – a fitness-focused decentralized application – announced the launch of a new governance vote on June 7th in the Sweat Wallet application. The move would enable the community to decide the fate of 2 billion idle SWEAT tokens in inactive user accounts. According to the official press release shared with CryptoPotato, users will...Read More
Unlike other FTX executives, who pleaded guilty to misdeeds while running FTX and have likely provided a treasure trove of information to the authorities in exchange for a lighter sentence, Sam Bankman-Fried has continued to maintain his innocence. However, as the date that his case gets sent to trial grows ever nearer, his legal team...Read More
Coinbase CEO Brian Armstrong spoke at length on Wednesday about his initial reaction to the Securities and Exchange Commission (SEC)’s lawsuit against his exchange. The executive responded to SEC Chairman Gary Gensler’s claims about the market not needing more “digital currency,” and debated whether the SEC is acting in good faith. An Avalanche of Currencies...Read More
Non-fungible tokens (NFTs) have been a significant part of the crypto space for years. The first mainstream NFT project was created in June 2017 by Larva Labs. Called CryptoPunks, the project represents what NFTs have been for a long time – unique digital images that primarily function as collectibles. However, a new project looks set...Read More
Cathie Wood’s Ark Investment Management has doubled down on its bullish stance on Coinbase, the largest cryptocurrency exchange in America. The investment management firm has purchased another pile of Coinbase (COIN) stock following a price dip caused by the recent SEC lawsuit against the exchange. Recall that the U.S. Securities and Exchange Commission (SEC) sued...Read More
In the heat of SEC’s enforcement actions against Binance and Coinbase, a simple “Yes” by Jack Dorsey on Twitter elicited a flurry of comments. It all started when a Twitter user asked Dorsey if he thinks Ether is a security, to which he answered in the affirmative. Jack Dorsey’s Ether Rant A known Bitcoin supporter,...Read More
The US Securities and Exchange Commission made its way into the headlines in the past two days, by going after two of the largest cryptocurrency exchanges, alleging them of selling unregistered securities. While the SEC Chair claims these actions are for the greater good of investors, the CEO of Ripple – Brad Garlinghouse – believes...Read More
The US Securities and Exchange Commission (SEC) seems to be out to prove that at least one crypto asset is a security, as stated by Chairman Gary Gensler. The SEC recently sued two of the biggest exchanges back-to-back, Binance and Coinbase, alleging that both companies failed to register as crypto brokers, exchange, and clearing agencies....Read More
[PRESS RELEASE – Geneva, Switzerland, June 7th, 2023] Just over two weeks ago, on May 15, 2023, the TRON DAO team revealed the results of the HackaTRON Season Four competition. A portion of the prize pool, 500,000 USDD, was shared among the top projects. The final milestone payment is currently being processed for judge-selected qualifiers,...Read More
Kim Kardashian, a celebrated figure in the entertainment industry, has faced a setback in her legal battle against allegations of deceiving investors through the promotion of EthereumMax (EMAX), a cryptocurrency. Meanwhile, former professional boxer Floyd Mayweather Jr. has received a more favorable ruling regarding his involvement in the promotion of EMAX. The lawsuits involve investors...Read More
Retail traders and investors are not the only ones suffering in America’s war on crypto. Company executives are also seeing their fortunes diminished due to recent enforcement actions. This week, the SEC sued both Binance and Coinbase, dousing the flames of optimism for the crypto industry in 2023 following the cycle bottom after FTX collapsed....Read More
[PRESS RELEASE – New York, United States, June 7th, 2023] WOW EARN has announced a major upgrade to its crypto app and the release of a dedicated mobile wallet. The WOW EARN Wallet was launched on May 29 and is available for download on both the Google Play Store and App Store. The WOW EARN...Read More
