U.S. Senators opposed to more crypto ETFs, Ethereum Dencun hard fork goes live, and Craig Wright is not Satoshi Nakamoto, judge rules. Two United States senators want Gary Gensler to pull the pin on any further crypto exchange-traded funds (ETFs), citing enormous risks to retail investors. In a March 11 letter, Democrat senators Jack Reed...Continue Reading

During an interview with The Wall Street Journal, Mira Murati offered vague responses when asked about the underlying data source for OpenAI’s Sora model. The data source of OpenAI’s upcoming video-generating artificial intelligence model, Sora, is unclear to the company’s chief technology officer, Mira Murati. During an interview with The Wall Street Journal published on...Continue Reading

A Google document attached to the U.S. government sentencing memorandum reveals “random probably bad ideas” Sam Bankman-Fried had to repair his public image. U.S. prosecutors have filed new court documents revealing Sam “SBF” Bankman-Fried’s plans to restore his public image after the collapse of FTX in 2022. According to a Google document attached to the...Continue Reading

Blockchain offers security, transparency and efficiency; NFTs and metaverse integration enhance asset authentication, virtual asset management and brand identity. Trademarks and brand protection refer to legal measures taken to safeguard a company’s distinctive symbols, logos and brand identity from unauthorized use by others. Trademarks are unique names, symbols or emblems used to identify a firm...Continue Reading

The Chamber of Digital Commerce believes that Gambaryan’s detention is arbitrary, without due process, and presents a significant challenge to international law norms and diplomatic relations. The Biden administration is under increasing pressure to promptly aid the release of Tigran Gambaryan, a former United States federal agent with a focus on cryptocurrency, and another Binance...Continue Reading

Under the updated guidelines, digital asset exchanges and digital asset custodians must pay a filing/application fee of $186 (300,000 naira), up from the previous $62 (100,000 naira) fee. Nigeria’s Securities Exchange Commission (SEC) has proposed an amendment to the rules guiding platforms that offer crypto services. The Commission suggested a hike in the registration fee...Continue Reading

Vanguard CEO Tim Buckley is resisting customer pressure for spot Bitcoin ETFs, despite several of the firm’s competitors already offering them. Vanguard Group’s CEO, Tim Buckley, has maintained his strong opposition to Bitcoin exchange-traded funds (ETF) despite facing criticism from customers and ongoing inquiries about the firm’s plans to offer them. In a recent video...Continue Reading

According to the World Economic Forum, the automotive, energy, software, aerospace and defense industries are leading the way for industrial metaverse investment. A rising number of manufacturing firms in the United States are shifting their focus towards exploring the industrial metaverse to tackle complex challenges across the entire production line, according to the World Economic...Continue Reading

President Joe Biden hasn’t taken a particularly friendly stance toward cryptocurrency. On the contrary, he’s been a lot like his predecessor. The presidential campaign trail is heating up as November grows near and many people have become excited about Donald Trump’s comments praising cryptocurrency. But how does the former president compare to the current one?...Continue Reading

Sam Bankman-Fried asked for a maximum sentence of six and a half years, but he could have gotten over 100 years. Prosecutors are asking for a sentence of 40-50 years for former CEO of bankrupt cryptocurrency exchange FTX and convicted fraudster Sam Bankman-Fried. He faces up to 110 years behind bars under the law. The...Continue Reading