One of the latest SEC filings in its lawsuit against Binance claims billions of customer funds are at the “mercy” of Binance CEO Changpeng Zhao. The United States Securities and Exchange Commission (SEC) has filed another document in its lawsuit against Binance.US, claiming investors’ funds are at risk. In the filing entered on June 5,...Continue Reading

Unlock the power of AI tools to extract key insights and condense complex information effortlessly, revolutionizing your research paper summarization process. The inherent intricacy and technical nature of research papers’ content make reading them a challenging undertaking. These research articles can be difficult to understand, especially for non-experts or those who are new to the...Continue Reading

Volcano Energy said the funds would go toward developing a 241-megawatt power generation park. A public-private partnership in El Salvador pledging to pump $1 billion into creating a Bitcoin (BTC) mining farm has received its first $250 million. This first release of funds kickstarts a 241-megawatt (MW) power generation park in the country’s Metapán region....Continue Reading

Despite a tumultuous year, the Philippines’ financial regulator decided not to rush a legal framework on the crypto industry, which was initially planned for late 2022. Despite the wave of market failures in 2022, the Philippines’ financial regulator has decided not to rush a legal framework on the crypto industry, initially planned to be published...Continue Reading

The country’s financial watchdog claimed it was very difficult to accept the acquisition requests amid accusations of securities laws violations. The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance could damage the crypto exchange’s business opportunities in South Korea. A report published in a South Korean daily suggests that the Financial Service Committee (FSC)...Continue Reading

Bitcoin snaps back into its classic trading range, but BTC price has yet to reclaim a key level above $27,000. Bitcoin (BTC) swiftly erased its month-to-date losses into June 7 as volatility returned to ultimately favor the bulls.  BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView BTC price cancels Binance, Coinbase dip Data from Cointelegraph...Continue Reading

The U.S. House of Representatives committee did not disclose all the topics for discussion, but the community expects the hearing to address critical issues in the space. The United States House of Representatives Financial Services Committee has scheduled a hearing on crypto to discuss its future and provide clarity for the digital assets ecosystem. On...Continue Reading

The senators weren’t happy with the “seemingly minimal” protections to fight against fraud and cybercrime in Meta’s AI model. Two United States senators have questioned Meta chief executive Mark Zuckerberg over the tech giant’s “leaked” artificial intelligence model LLaMA which they claim is potentially “dangerous” and could be used for “criminal tasks.” In a June...Continue Reading

While Apple Vision Pro comes with features geared toward personalized virtual reality, Mira’s headsets are purpose-built for industrial applications. Just a day after launching a new virtual reality (VR) product line, Apple Vision Pro, the tech giant confirmed the acquisition of Mira, an augmented reality (AR) startup that provides hands-free, smartphone-powered headsets. On June 7,...Continue Reading

Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase. A number of memecoins drawing their likeness from the United States Securities Exchange Commission (SEC) and its chair Gary Gensler have seen a sharp spike in price following the regulator’s lawsuits against crypto exchanges...Continue Reading