Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business
The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products. Go to Source
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Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labelling two altcoins, OHM and KLIMA, as commodities. Go to Source
Robinhood is now available In Hawaii and select U.S. territories
The brokerage platform took advantage of Hawaii’s recent change to money transmitter licensing to expand to the non-contiguous United States. Go to Source
Roaring Kitty GME class action lawsuit dropped after 3 days
A GameStop investor who accused Roaring Kitty of committing securities fraud has voluntarily dropped the complaint “without prejudice” meaning he can file another similar lawsuit again in the future. Go to Source
Coinbase will custody digital assets for US Marshals Service
The crypto exchange said the federal agency had selected its institutional investing arm “to provide custody and advanced trading services” for large-cap digital assets. Go to Source
Hawaii crypto firms no longer need MT license, regulator rules
While being exempt from the Money Transmitter License requirement, crypto firms in Hawaii will still have to comply with any federal licensing laws. Go to Source
Vitalik Buterin says crypto regulations have created ‘anarcho-tyranny’
The Ethereum co-founder says we’d all be better off with either anarchy or tyranny but not both. Go to Source
IRS reveals final regulations for crypto broker rules
The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements. Go to Source
Bitcoin mining company Bitdeer acquires lease for Ohio site
The 30-year leasing agreement with the Monroe County Port Authority will provide Bitdeer with up to 570 MW of additional power capacity. Go to Source
US presidential debate inexplicably omits AI and quantum
Other terms that went unmentioned: cryptocurrency, blockchain, central bank digital currency, deepfake, and election security. Go to Source