Senator Elizabeth Warren is challenging the push for a stablecoin bill without anti-money laundering laws, citing national security risks in a letter addressed to House Financial Service Committee leaders Patrick McHenry (R-NC) and Maxine Waters (D-CA). In her letter, Warren warns of potential risks associated with stablecoin regulation, emphasizing concerns about consumer protection, banking system stability, and national security threats.…
Sapien AI has successfully raised $5 million in a seed funding round, with key contributions from Primitive Ventures, Animoca Ventures, Ravikant Capital, and Yield Guild Games. The funding injection aims to propel Sapien’s mission of offering scalable annotation services for training AI models through its gamified data labeling platform. Trevor Koverko, Sapien’s co-founder, expressed excitement about the funding, highlighting its…
In the fund’s prospectus, Defiance highlights the distinctive characteristics and risks linked to daily leveraged investment outcomes, advising investors of the amplified volatility and riskiness compared to non-leveraged alternatives. It acknowledges the possibility of its ETF underperforming against tracked assets over extended periods, particularly if Ether futures remain stagnant or see modest gains beyond a single day, thus catering to…
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The biggest holders of Bitcoin can’t get enough of the stuff. According to new research from crypto data firm CryptoQuant, “demand growth” from whales has never…
The Central Bank of Nigeria has barred the use of foreign exchange as collateral for local currency loans. In its April 8 letter addressed to banks, the CBN warned of severe consequences for banks that fail to comply with the latest directive. Halting the Slide of the Naira Hamstrung by ongoing shortages of U.S. dollars, […] Source: https://news.bitcoin.com/nigerian-central-bank-prohibits-use-of-foreign-exchange-as-collateral-for-local-currency-loans/
The developers of artificial intelligence models would have to provide a list of all copyrighted works used to train their systems under a new law proposed by California congressman Adam Schiff. Introduced Tuesday, the Generative AI Copyright Disclosure Act would require companies to disclose their sources to the U.S. Copyright Office at least a month before releasing a new version.…
Initially scheduled for May 1, the sentencing of Ryan Salame, former co-chief executive of FTX Digital Markets, has been deferred to May 28, 2024, in front of Judge Lewis Kaplan. Ryan Salame, Once FTX’s Co-Leader, Slated for May Sentencing Per the judicial records, Ryan Salame, once the co-chief executive at FTX Digital Markets, is slated […] Source: https://news.bitcoin.com/judge-to-sentence-former-ftx-executive-ryan-salame-in-late-may/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The price of Uniswap’s UNI token fell sharply following news that the decentralized exchange was in the crosshairs of the Securities and Exchange Commission. CoinGecko data…
In a recent social media post, Hayden Adams, the founder of Uniswap Labs, announced that the company has received a Wells notice from the Securities and Exchange Commission (SEC), expressing his disappointment and determination to contest the notice. SEC Sends Decentralized Exchange Uniswap a Wells Notice Hayden Adams, the founder behind the decentralized finance (defi) […] Source: https://news.bitcoin.com/uniswap-labs-receives-sec-wells-notice-founder-vows-to-fight/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The United States Securities and Exchange Commission (SEC) has sent a Wells notice to Uniswap Labs, the company said Wednesday, warning the firm behind the Ethereum…
