SEC wins default judgment against Thor Technologies and founder
Thor Technologies has been instructed to pay a sum of $903,193.06, which encompasses a disgorgement of $744,555, and prejudgment interest amounting to $158,638.06.
Posts published by Cointelegraph.com News 331/652
Community reacts to SEC dropping XRP case and LBRY shutdown
While celebrating a new court win in Ripple’s legal battle with the SEC, the community mourns the demise of LBRY, which some say was “regulated to oblivion.”
Argentine central bank to introduce digital peso bill ‘as soon as possible’
The Central Bank of the Argentine Republic has accelerated its work on legislation to implement a CBDC in the country.
European Banking Authority, ESMA issue crypto entity suitability guidelines
The joint guidelines include granting authorization for ART and CASP issuance and conducting prudential assessments for potential acquisitions.
EU data protection regulators urge anonymity for smaller transactions in digital euro
The European Data Protection Board and the European Data Protection Supervisor issued a joint opinion statement on regulating a digital euro.
How decentralization can mitigate ‘dystopic’ artificial intelligence risks — SingularityNET exec
Janet Adams said that AGIs falling into the hands of military could pose existential threats to humanity.
Prosecutors argue ‘effective altruism’ inadequate in Bankman-Fried case
Bankman-Fried’s legal counsel asserted that this argument lacks relevance and does not absolve the fraud allegations.
Bitcoin eyes $30K, XRP price jumps 6% after Ripple’s legal victory
Bitcoin keeps heading higher as BTC price strength flies in the face of a hawkish Fed, but concerns over a retracement are building.
EtherHiding: Why hackers may prefer Binance’s BNB Smart Chain
According to cybersecurity analysts at 0xScope and CertiK, threat actors may prefer using BNB Smart Chain contracts because it’s cheaper and seen as having lower security than Ethereum.
‘This will be our last post’ — LBRY throws in towel against the SEC
“Thank you to everyone who fought with us for online freedom,” the LBRY Inc team said.
Crypto exchange Binance restores euro services after new fiat partners
Euro payments, deposits, and withdrawals are back on for European Binance users months after the severance of services by PaySafe.
'He broke his word' — Ex-ConsenSys staff sue founder over employee equity deal
ConsenSys founder Joseph Lubin has been named in a new lawsuit filed in New York by over two dozen former ConsenSys employees.
Coinbase open sources code for layer-2 network Base
Layer-2 network Base has announced the open sourcing of its code repositories and smart contracts as part of its quest to build "in the open.”
Metaverse tech gets US greenlight to use speedier 6GHz frequency
The United States Federal Communications Commission made the decision amid a flurry of mixed reality devices that are hitting the market.
Meta chief AI scientist says AI won't threaten humans
Yann LeCun a chief AI scientist at Meta said labeling the existential risk of AI is “premature” and it’s “preposterous” that AI might kill off humanity.
Tim Draper warns of crypto scams using his AI-synthesized voice
Advancements in AI have made it possible to create deepfake videos and voices in which scammers write the scripts to try and illegally obtain others' crypto.
Settlements giant DTTC acquires blockchain infrastructure developer Securrency
Securrency will help DTTC increase its role in developing digital asset clearance options. DTTC settled $2.5 quadrillion worth of securities transactions in 2022.
SEC moves to dismiss lawsuit against Ripple’s Brad Garlinghouse and Chris Larsen
The civil lawsuit against the Ripple executives had been ongoing since December 2020.
Circle launches Web3 development platform for Web2 developers
Circle announced the launch of a new platform that uses pre-vetted templates to make building Web3 apps easier for traditional developers.
Crypto Aid Israel raises $185K in 10 days, distributes aid to 4 organizations
The organization is a collective of Israeli Web3 community members and international companies striving to alleviate suffering in the south of Israel.
Universal Music Group sues Anthropic AI over copyright infringement
Universal Music Group, Concord Publishing and ABKCO Music & Records allege that Anthropic “unlawfully” copied and disseminated “vast amounts of copyrighted works” from them.
Binance Q3 report appraises crypto market as ‘challenging’ amid high interest rates
The world’s largest cryptocurrency exchange painted a somber picture of the market, with occasional bright spots for individual players.
FinCEN proposes designating crypto mixers as money-laundering hubs
U.S. Treasury previously targeted individuals connected to Tornado Cash, but its proposed actions on mixers followed concerns suggesting Hamas was financed in part by crypto.
US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court
According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions.
Why the 2024 Bitcoin halving may play out differently than in the past
While the halving event is considered one of the main catalysts for Bitcoin bull markets, it may play out differently next year.
Advocacy groups push back against Sen. Warren linking crypto with terrorism
The Blockchain Association and Crypto Council for Innovation said the terrorist group Hamas had reportedly curtailed using Bitcoin as authorities could more easily track funds.
Crypto leaders: 12 practical tips for effectively working with regulators
Only crypto leaders hold the knowledge and enthusiasm to help guide responsible regulations that don’t throttle crypto.
BTC price climbs to $28.6K as Bitcoin awaits 'very dovish' Fed Powell speech
Bitcoin may witness a "very dovish" move from Powell as high U.S. bond yields cause a stir, while BTC price passes $28,600.
Atomic Wallet freezes $2M in ‘suspicious deposits’ on exchanges
The freeze resulted from a collaboration between Atomic Wallet, forensic companies and centralized exchanges following reports from users claiming unauthorized transactions from their wallets.
Big Questions: What did Satoshi Nakamoto think about ZK-proofs?
What was once a passing interest of Bitcoin inventor Satoshi Nakamoto, zero-knowledge-proof technology is now a major part of the crypto world.