OpenAI CEO highlights South Korean chips sector for AI growth, investment
Sam Altman, the CEO of ChatGPT developer OpenAI, met with South Korean President Yoon Suk Yeol on June 9 and...
Business
US court rejects Fed’s motion to dismiss Custodia Bank case
Custodia Bank took a step forward in its legal battle against the Federal Reserve, as a Wyoming federal judge denied...
The SEC’s summer crackdown, Apple’s ‘spatial computing,’ and Mercado Bitcoin gears up
After a period of relative calm, the United States Securities and Exchange Commission (SEC) kicked off its summer crypto crackdown...
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...
Kevin O’Leary doesn’t rule out criminal charges for Binance
Kevin O’Leary said the Securities and Exchange Commission levied some “serious” allegations in the 136-page charging document the agency issued...
US senators propose AI bills for transparency and innovation
Lawmakers in the United States have proposed two new bipartisan bills targeting issues of transparency and innovation in artificial intelligence...
Cathie Wood’s ARK loads up crypto bags, buys $19.9M Block shares
ARK Invest CEO Cathie Wood doesn’t appear to have been swayed by recent crypto regulatory action, buying another $19.9 million...
Binance.US suspends USD deposits, warns withdrawal pause incoming
Binance.US has announced the suspension of U.S. dollar deposits and has notified its customers of an incoming pause to fiat...
Crypto custodian BitGo signals intent to acquire Prime Trust
Wallet infrastructure provider and digital asset custodian BitGo have signed a non-binding letter of intent to acquire fintech infrastructure provider...
Circle hires former CFTC, US Treasury executive as chief legal officer
Stablecoin issuer Circle has loaded its arsenal to fight the ongoing regulatory crackdown on crypto. By July 1, the role...
The Empire Built on Lies
Mark Zuckerberg and his gang are among the hottest headlines of the past few years. From getting hit with the...
Major Australian bank to decline ‘certain’ payments to crypto exchanges
Update (June 8 and 7:00 am UTC): This article has been updated to include comment from a CBA spokesperson.Commonwealth Bank...
Meet the judges that will preside over Coinbase and Binance’s SEC lawsuits
Court filings have revealed the names of the two United States District Court Judges that will preside over the Coinbase...
Republican crypto bill a ‘10x improvement’ on all others: Messari CEO
Messari CEO Ryan Selkis has praised a newly proposed Republican crypto bill, commenting it is a “10x improvement” on all...
Intuit introduces proprietary large language models for fintech with GenOS
Fintech giant Intuit, whose product offerings include TurboTax, Mint, Credit Karma, Mailchimp and QuickBooks, recently expanded its software services platform...
US district court issues summons for Binance CEO Changpeng Zhao over SEC action
The United States district court in Washington, D.C. issued a summons for Binance CEO Changpeng Zhao on June 7, just two...
ARK Invest buys Coinbase shares the same day SEC serves lawsuit
The same day cryptocurrency exchange Coinbase was served with a lawsuit from the United States Securities and Exchange Commission (SEC),...
SEC lawsuit against Binance stalls Gopax acquisition deal in South Korea
The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance could damage the crypto exchange’s business opportunities in South...
SEC’s Gensler claims ‘parallels’ between Binance and FTX, yet one wasn’t sued
The United States securities chair has hinted at “parallels” between crypto exchange Binance and collapsed exchange FTX — namely their...
SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
The net worths of Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) have suffered heavy blows due to...
SEC files motion for restraining order against Binance
The United States Securities and Exchange Commission (SEC) filed an emergency motion in the District of Columbia U.S. District Court for a...
AI could threaten humanity in 2 years, warns UK AI task force adviser
The artificial intelligence (AI) task force adviser to the prime minister of the United Kingdom said humans have roughly two...
