The “Don’t Extradite Assange Campaign,” dedicated to gathering support against the extradition of Wikileaks founder Julian Assange to the United States, is launching a virtual political rally in the metaverse. Assange has been confined within Belmarsh Prison in London since April 2019, fighting a court battle against his extradition to the U.S., where he could potentially face up to 175…
Month: August 2023
Nigerian crypto exchange’s token launch draws scrutiny
Patricia, a Nigerian cryptocurrency exchange, has revealed the introduction of its own native token named Patricia token (PTK). However, this launch has generated more doubt than applause within the local cryptocurrency community. Native tokens are digital assets that are specific to a particular blockchain platform or cryptocurrency exchange. They are created and issued directly by the platform or exchange itself.…
attorneys leave SEC side, both groups add new lawyers
Multiple attorneys have moved in and out of the lawsuit between Ripple Labs, executives and the United States Securities and Exchange Commission (SEC), as signified by court filings on Aug.23. The latest motions filed were requesting permission to withdraw attorneys Richard Best and Robert MacDonald Moye from the trial, with the former having the motion immediately granted due to extended…
DeFi Exchange Token Powering dYdX Soars 9% Overnight
Decentralized derivatives exchange dYdX (DYDX) led gains over the last 24 hours among the 100 cryptocurrencies by market cap, per CoinGecko data. The governance token rose by 9% overnight; it last traded at $2.18. dYdX is a popular decentralized derivatives exchange, boasting more than $589 million in 24-hour volume. Its gains come ahead of the project’s soon-to-be launched Cosmos-based blockchain,…
How AI Could Lead To Discriminatory Hiring Practices
With the recent dramatic uptick in artificial intelligence (AI) platforms and technology, disruptors are keen to find new ways that AI can automate a host of tasks previously performed by humans. Indeed, AI has gone so far as to make possible a range of projects that are impossible for humans to achieve on their own. Powerful AI tools can be…
Alchemy Hires Former Stripe Exec as New Head of Engineering
Blockchain development firm Alchemy has strengthened its team with the addition of Guillaume Poncin, the former head of Web3 at Stripe. At Stripe, which provides online payment processing and commerce solutions for online businesses, Poncin spent three years, first running engineering for banking and financial products, and then building out its crypto team. Notably, he shipped a fiat-to-crypto onramp and…
How AI Could Lead To Discriminatory Hiring Practices
With the recent dramatic uptick in artificial intelligence (AI) platforms and technology, disruptors are keen to find new ways that AI can automate a host of tasks previously performed by humans. Indeed, AI has gone so far as to make possible a range of projects that are impossible for humans to achieve on their own. Powerful AI tools can be…
UK considers blanket ban on crypto investment cold calls
The U.K. Treasury has released a consultation paper to understand the grassroots-level impact of a blanket ban on cold calls related to financial services and p… Source: https://cointelegraph.com/public/index.php/news/uk-ban-crypto-investment-cold-calls
Germany Ramps Up AI Investments Amid Global Race for Innovation
As the global race for artificial intelligence (AI) innovation intensifies, Germany is making strategic moves to stay competitive. Last Wednesday, Research Minister Bettina Stark-Watzinger revealed Germany’s ambitious plan to double its public funding for AI research, elevating the investment to nearly one billion euros in the forthcoming two years. This financial commitment is designed to achieve multiple objectives: establishing 150…
FTX Estate Wants to Hedge Bitcoin, Ethereum With Mike Novogratz’s Galaxy Digital
Bankrupt crypto exchange FTX is looking to put its remaining assets safe via hedging arrangements or put to work earning yield, per new court documents. Lawyers in charge of the firm’s unwinding filed the request yesterday, asking the bankruptcy court if it’s allowed to stake, among other activities, its idle crypto. The legal team has also requested they be allowed…