OpenAI CEO highlights South Korean chips sector for AI growth, willing to invest
Sam Altman, ChatGPT-maker and CEO of OpenAI, who met with South Korean President Yoon Suk Yeol on June 9, urged South Korea to play a leading role in making the […]
Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts
Over the past few weeks, a group of scammers has hijacked more than eight Twitter accounts belonging to prominent figures in the crypto space to promote phishing scams. The group […]
Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act, 2023, into law. The act introduces a series of tax reforms […]
Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC
A U.S. District Judge has entered a default judgment order that requires Decentralized Organization Ooki DAO to permanently shut down and pay a civil monetary penalty of $643,542. Today the […]
SEC charges against Binance and Coinbase are terrible for DeFi
The allegations against Binance and Coinbase by the U.S. Securities and Exchange Commission have substantial ramifications for the decentralized finance (DeFi) ecosystem, and they are far from positive. DeFi has […]
Why is the crypto market down today?
The cryptocurrency market fell 7% below $1 trillion on June 10, continuing its decline in the week that saw the industry’s biggest exchanges, Binance and Coinbase, facing regulatory actions by […]
Robinhood will end support for 3 tokens named in SEC lawsuits
Cryptocurrency and stock trading app Robinhood announced it will be ending support for Cardano, Polygon and Solana — all tokens labeled as unregistered securities by the United States Securities and […]
US Justice Department charges two men in Mt. Gox hack
The United States Justice Department has unsealed charges against two men it says are responsible for the $400 million hack of former Bitcoin exchange Mt. Gox. According to the announcement, 43-year-old […]
SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’
The United States Securities and Exchange Commission (SEC) is seeking ‘alternative service’ from the U.S. District Court in Washington, D.C., to issue a legal summons to Changpeng Zhao, the CEO […]
Pro-Bitcoin DeSantis tagged over AI-faked photos in Trump smear campaign
Pro-Bitcoin (BTC) presidential bidder Ron DeSantis has been tagged for apparently using artificial intelligence-generated images in an ad campaign smearing rival and former president Donald Trump. It comes amid a […]