State regulators crack down on fraudulent cryptos promoted as ‘Elon Musk AI Token’ and ‘TruthGPT Coin’
According to the cease and desist order, investors are being given the impression that Elon Musk endorses “TruthGPT Coin.”
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Google DeepMind CEO Demis Hassabis says we may have AGI ‘in the next few years’
The CEO of Google DeepMind says human-level AI could emerge before 2033 — an event that could radically alter how crypto trading bots and GPT-based tech functions.
Jury convicts former OpenSea manager in NFT-insider trading case
Prosecutors claimed Nathaniel Chastain profited from inside information as to which NFTs would be featured on the marketplace.
FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model.
Coinbase stock will be ‘weighed down’ until US rules are clear: Citi
The investment bank has downgraded Coinbase stock to “neutral” amid the exchange’s ongoing battle with United States regulators.
Balaji pays out his crazy $1M Bitcoin bet, 97% under price target
The former Coinbase exec settled the high profile wager 45 days ahead of time but remains convinced that a “fiat crisis” is inevitable.
Retail CBDCs bring unknown ‘consequences’ to financial system: IMF director
International Monetary Fund Managing Director Kristalina Georgieva says that wholesale CBDCs, on the other hand, have “fairly little space for undesirable surprises.”
Celsius eyes merge of entities as creditors claim distinctions were a ‘sham’
New court filings are pushing to straighten out the issue in a bid to help recover lost funds for customers.
Amnesty nixes AI-generated images of Colombian protests after criticism
The human rights advocacy group pulled the faked images following widespread online criticism.
White House advisors renew push for 30% digital mining energy tax
The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community.