Industry
SEC Settles Lawsuit Against Wahi Brothers Over Coinbase Insider Trading
Former Coinbase product manager Ishan Wahi and his brother Nikhil Wahi have agreed to settle insider trading charges brought against them by the US Securities and Exchange Commission (SEC)Craig Green
AI experts sign paper comparing 'AI extinction' to risks of pandemics, nuclear war
Dozens of artificial intelligence (AI) experts including the CEOs of OpenAI, Google DeepMind, and Anthropic, recently signed a public statement released by the Center for Artificial Intelligence Safety (CAIS).Sherry Cantwell
AI demand briefly pushes Nvidia into the $100 million club
Computer chip maker Nvidia briefly joined the club of $1 trillion companies as demand for artificial intelligence technology peaked. The milestone was hit in early US trading on May 30Hallie GillMicroStrategy's Saylor Hints at First Bitcoin Purchase Above $100K
MicroStrategy might have made its first Bitcoin purchase at a price above $100.000.Hallie GillThe End of AI Pre-training: OpenAI Co-Founder's Vision
The era of AI pre-training may soon be reaching its conclusion, according to insights shared by OpenAI co-founder Ilya Sutskever.Barry StidhamMicroStrategy's Saylor Hints at First Bitcoin Purchase Above $100K
MicroStrategy might have made its first Bitcoin purchase at a price above $100.000.Cornell RachelTokenization Revolution: Ripple Labs Transforms Real Estate Industry
Ripple Labs has unveiled plans to leverage tokenization to revolutionize the real estate industry, according to Antony Welfare,Martha Grizzard
US Attorney Says Some SBF Charges Will Be Dropped If Bahamas Objects
US prosecutors will drop some charges against former FTX CEO Sam Bankman-Fried if the Bahamian government objects, according to documents filed May 29 in the US District Court for the Southern District of New York.Barry Stidham
AML Rules for Digital Assets Come into Force in UAE
Licensed Financial Institutions (LFIs) are required to verify the identity of all customers under new regulations from the Central Bank of the United Arab Emirates (CBUAE).Cornell RachelChina stands to gain most from restrictive US crypto regulations - Coinbase CEO
Coinbase CEO Brian Armstrong has warned that "hostile countries" like China could end up benefiting from restrictive US cryptocurrency policies.Wayne IngramJPMorgan enters generative AI race with IndexGPT trademark
Financial services giant JPMorgan has filed a trademark application for IndexGPT, marking its entry into the race to build generative AI tools for commercial purposes.Sherry CantwellUS Supreme Court Dismisses Nvidia's Appeal in Crypto Mining Class Action Suit
The US Supreme Court has refused to dismiss a class action lawsuit against NvidiaJerry McNeillVanEck Files 5th Amendment for Bitcoin ETF Under 'HODL'
Asset manager VanEck has submitted its fifth revised application for a spot Bitcoin exchange-traded fund (ETF)Hallie GillBitcoin Eyes Late 2024 High, Threatens Binance's Top Position
Bitcoin asset manager VanEck has made predictions for the year 2024,Sherry CantwellUnder 2% of El Salvador Embraces Cryptocurrency Ownership
Despite the Salvadoran government's persistent efforts to encourage widespreadWayne IngramSEC Extends Grayscale Ether ETF Decision Deadline
The U.S. Securities and Exchange Commission (SEC) has deferred its decision on the approvalMartha GrizzardNew Jersey Bill Aims to Classify Crypto Sales to Institutions as Securities
The New Jersey Legislature is contemplating a potential bill aimed at delineating the circumstances under which digital assetsWayne IngramLegal Debate: Jury's Role in Terraform Labs Case on Crypto Security Status
Attorneys representing the U.S. Securities and Exchange Commission (SEC)Jerry McNeillKenyan Crypto Tax Bill Progresses in Committee
The Finance and National Planning Committee of Kenya's National Assembly has given the nodJames DeanIRS Investigative Team Notes Surge in Crypto Tax Probes
The Internal Revenue Service (IRS) Criminal Investigation (CI) DivisionBarry Stidham
