Solana Labs has launched Bond, a new platform that will let non-crypto brands leverage the power of blockchain tech to engage with customers. Source: https://cointelegraph.com/news/solana-labs-debut-bond-loyalty-platform
Month: June 2024
Tesla CEO Elon Musk Warns Against Government Overregulation
Tesla CEO Elon Musk has expressed concern that excessive government expansion leads to more regulators than participants, negatively impacting the system. Musk acknowledged the need for regulators but stressed they should not outnumber players. He reiterated that the government should act as a referee, setting sensible rules without hindering industry progress. Elon Musk Says Government […] Source: https://news.bitcoin.com/tesla-ceo-elon-musk-warns-against-government-overregulation/
AI Backlash: Cara and ‘Not By AI’ Rage Against the Machine
A growing movement of creators and online platforms are expressly banning artificial intelligence (AI), labeling their websites as being free of generative AI content and rebuffing attempts by AI developers to ingest their work for model training. Seattle-based social network and artist portfolio platform Cara has captured this anti-AI zeitgeist, while Philadelphia-based Not By AI has set up a campaign…
US judge approves Terraform’s $4.5B settlement with SEC
A New York district court judge has rubber-stamped Terraform Labs and Do Kwon’s nearly $4.5 billion settlement with the SEC. Source: https://cointelegraph.com/news/judge-approves-4-5b-terraform-sec-settlement
SD3 Goes Head-to-Head With SDXL, MidJourney, and Ideogram—Which AI Image Maker Is Best?
Stability AI’s latest big release, SD3, has generated considerable buzz in the AI community. With promises of enhanced prompt adherence, efficiency, accuracy, and overall quality, SD3 went live yesterday hoping to set a new benchmark in image generation. We quickly set out to see just how well SD3 compares against its predecessor, SDXL, as well as against other leading models,…
US Treasury Expands Sanctions to Cripple Russian War Economy
The U.S. Treasury Department announced Wednesday that over 300 new sanctions have been issued to intensify pressure on Russia for its ongoing war against Ukraine. These measures, in alignment with G7 commitments, target entities and individuals globally to cripple Russia’s military-industrial base by restricting access to U.S. software, IT services, and foreign financial support. The […] Source: https://news.bitcoin.com/us-treasury-expands-sanctions-to-cripple-russian-war-economy/
Paradigm Raises $850 Million to Invest in Early-Stage Crypto Projects
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 Prominent crypto venture capital firm Paradigm has announced its third fund, raising $850 million dedicated to investing in early-stage crypto projects. Founded in 2018, Paradigm was…
Roaring Kitty Now Owns $262 Million In GameStop Shares as Options Vanish
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 GameStop shares rose—then fell—in after-hours trading Thursday as Keith Gill, better known online as Roaring Kitty, flashed his holdings in the video game retailer again on…
MiCA regulation takes shape under EBA’s newest guidelines
The European Banking Authority has introduced a series of technical standards and guidelines for token issuers as MiCA implementation moves forward. Source: https://cointelegraph.com/news/mica-regulation-eba-newest-guidelines
Coinbase CEO Engages US Senators to Push Clear Crypto Regulations
Coinbase CEO Brian Armstrong said on Wednesday that he engaged with over a dozen senators from both Democratic and Republican parties in Washington, D.C., over the past 48 hours. The discussions focused on establishing clear regulations for the cryptocurrency industry and enhancing consumer protections. Armstrong highlighted substantial bipartisan support in the Senate for these efforts, […] Source: https://news.bitcoin.com/coinbase-ceo-engages-us-senators-to-push-clear-crypto-regulations/