San Francisco – DIGIT INFO

OpenAI’s move to for-profit: Is it indeed ‘illegal’?

DIGIT — Fri, 27 Sep 2024 13:19:46 +0000

OpenAI’s potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy process.

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San Fran city attorney sues sites that ‘undress’ women with AI

DIGIT — Fri, 16 Aug 2024 04:39:23 +0000

Dek: AI-powered websites allowing users to create nonconsensual nude photos of women and girls were visited 200 million times in the first half of the year.

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Ripple Labs chair slams Biden, Gensler for having ‘screwed up’ on crypto

DIGIT — Thu, 07 Sep 2023 04:25:44 +0000

Ripple Labs chair Chris Larsen commented on the recent cases involving Ripple, Grayscale, and the SEC, arguing it is time for Congress to take the lead on crypto policy.

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Bitcoin Lightning company River raises $35M amid ‘new wave of institutional adoption’

DIGIT — Tue, 16 May 2023 13:50:00 +0000

“We’re seeing another wave of Bitcoin interest, largely driven by business and institutional adoption,” says Alex Leishman, River CEO. “It’s not fueled by hype.”

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Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses

DIGIT — Thu, 27 Apr 2023 22:15:03 +0000

On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were in direct contrast to the agency’s previous approval of […]

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San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee

DIGIT — Thu, 13 Apr 2023 20:39:58 +0000

Police chief Bill Scott said there was evidence that the suspect and Bob Lee knew each other but did not comment on the possible motive of the attack.

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Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

DIGIT — Tue, 14 Mar 2023 19:30:14 +0000

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and […]

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Crypto hotspots continue to thrive despite FTX collapse

DIGIT — Tue, 13 Dec 2022 15:39:00 +0000

Crypto-friendly cities throughout the world report growth and innovation despite recent events.

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Elon Musk faces class-action suit over mass Twitter layoffs

DIGIT — Fri, 04 Nov 2022 11:04:40 +0000

Elon Musk previously won a similar class-action lawsuit brought by Tesla employees, calling the case “trivial.”

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Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements

DIGIT — Fri, 30 Sep 2022 05:30:30 +0000

On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier for merchants to integrate their existing points of contact with Circle’s crypto solutions. Circle Reveals […]

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