Animal health biotech startup Loyal is a step closer to being able to market a drug for lifespan extension in dogs, the company said on Tuesday. The U.S. Food and Drug Administration’s Center for Veterinary Medicine has approved the “Reasonable Expectation of Effectiveness” section of Loyal’s application to sell a new large- dog-focused drug called LOY-001. “Four years ago I…
Month: November 2023
Futures will be the best crypto game in town even after a Bitcoin spot ETF
A spot Bitcoin ETF will bring fresh money to the market, but it will not change a fundamental reality: Bitcoin liquidity is declining. Source: https://cointelegraph.com/app/public/index.php/news/futures-best-crypto-game-even-after-bitcoin-spot-etf
Shrapnel Game Studio Founders Say Majority Shareholder Is Staging a Coup
Neon Machine, the game studio behind the upcoming first-person shooter blockchain game Shrapnel, is embroiled in a legal battle over an alleged coup at the company. Six founders at the studio, which spun off from HBO in 2020, have filed a lawsuit in the Delaware Court of Chancery against 4D Factory investment firm CEO Cort Javarone, one of Neon’s investors,…
Jump Crypto filed docs confidentially in SEC v. Terraform Labs case
A federal judge has accepted materials from Jump Crypto Holdings in discovery for the United States Securities and Exchange Commission (SEC) case against Terraform Labs. In a Nov. 28 filing in U.S. District Court for the Southern District of New York, Judge Jed Rakoff approved the confidential treatment of certain materials produced by Jump Crypto Holdings, the crypto arm of…
Amazon Launches Q, A ChatGPT AI Competitor for Businesses
Amazon is making another big push into corporate AI with the introduction of Amazon Q, a generative AI-powered assistant designed specifically for business applications. Q is part of Amazon’s broader strategy to integrate generative AI across its product ecosystem on both consumer and private sector fronts. Engineered to cater to a variety of business needs, Amazon Q offers a wide…
Futures will be the best crypto game in town even after a Bitcoin spot ETF
The Chicago Mercantile Exchange (CME) has long been the home of crypto for traditional finance investors, and this is unlikely to change — even with the approval of a Bitcoin spot ETF. Activity on the CME has expanded significantly over the past 12 months. The CME now sees more Bitcoin (BTC) futures trading than the world’s biggest crypto exchange, Binance.…
Coinbase warns customers about subpoena in apparent CFTC Bybit probe
Coinbase is warning that it has received a subpoena from the United States Commodity Futures Trading Commission (CFTC), according to X (formerly Twitter) users who have posted copies of the message. The CFTC is seeking information about the Bybit cryptocurrency exchange. Recipients have speculated that any Coinbase customer who also used Bybit received the message. Coinbase may provide information on…
Coinbase Stock Is Soaring—What Does That Mean for Crypto?
There’s been no better time this year to take profits on Coinbase shares. As of this writing, COIN shares—which trade on the Nasdaq—are sitting at $128.46. That’s the highest Coinbase has seen its shares trading all year, beating the previous high of $110.15 the company set in July after a ruling in favor of Ripple spurred optimism that Coinbase would…
Future of business through the synthesis of blockchain technology, data and AI
In the current period, blockchain technology is predominantly used for financial transactions. However, there are emerging trends that are redefining the application of blockchains with purposes like fraud detection, AML and supply chain management. As emerging technologies take a big piece of global attention, all eyes are now on the convergence of blockchain technology, big data and AI. These technologies…
Starfield Isn’t Actually Boring, Game Maker Weirdly Explains in User Review Comments
Starfield developer Bethesda has started responding to negative feedback on PC gaming marketplace Steam for its hit sci-fi role-playing game by urging players to accept the “weirdness,” and claiming that Starfield is supposed to “evoke a feeling of smallness in players,” among other assertions. While Starfield had over a million concurrent players at launch and reportedly pulled in 11 million…