AI chatbots are illegally ripping off copyrighted news, says media group
AI developers are taking revenue, data and users away from news publications by building competing products, the News Media Alliance...
Monat: November 2023
Crypto startup Bastion secures money transmitter licenses in US
Launched in September by two former Andreessen Horowitz executives, Bastion has acquired its first two money transmitter licenses in New...
Warren Buffett’s ‘crypto stock’ beats Apple and Amazon — but not Bitcoin
Buffett’s bet on crypto-friendly Nubank has put Berkshire Hathaway $130 million in profit already this year. Warren Buffett may still...
Oyster Protocol founder gets 4 years jail for $5.5M tax evasion
31-year-old Oyster Protocol founder Amir Bruno Elmaani — aka “Bruno Block” — has been sentenced to four years imprisonment for...
Fragmentation in DeFi: DeFi’s liquidity challenge
Yet, as with any transformational shift, growing pains are inevitable. Among these, fragmentation, particularly in terms of liquidity, casts a...
Circle to phase out consumer accounts, but business and Mint will remain
Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out. Stablecoin issuer Circle will...
Tether attestation shows cash and cash equivalents of 86% as loans decline
Tether’s newest reserve attestation shows the highest-ever percentage of cash equivalents, with most reserves consisting of U.S. T-bills and repurchase...
Invesco Galaxy spot Bitcoin ETF joins BlackRock on DTCC site
The Invesco Galaxy Bitcoin ETF (BTCO) now appears on the clearing house’s site but doesn’t indicate an impending approval.
SBF says spending FTX customers’ money was part of ‘risk management’: Report
At the time of bankruptcy, FTX faced a shortfall of $8 billion owed to its customers.
CFTC pays whistleblowers $16M this year for mostly crypto tips
Two of the CFTC’s crypto tipsters scored $15 million alone which brought successful enforcement cases for the regulator. The United...
3 things we might see from crypto as 2023 winds to an end
Don’t be surprised if we see more investment, more regulation and more artificial intelligence defining crypto during the last two...
GAO finds controversial SEC guidance is subject to congressional oversight
The SEC’s Staff Accounting Bulletin 121 has been the target of much criticism in the crypto community. United States Senator...
Bitget, Floki teams accuse each other of manipulation after token listing
The teams for crypto exchange Bitget and Web3 protocol Floki blamed each other for allegedly misleading investors. The teams behind...
