The SEC alleged that Rimar LLC’s executives overstated the AI capabilites of A trading firm has settled charges with the United States Securities and Exchange Commission, which the agency accused of faking its artificial intelligence capabilities and misleading its investors to raise nearly $4 million. Rimar Capital LLC, Rimar Capital USA, their CEO Itai Liptz...Continue Reading

The SEC’s Mark Uyeda says the regulator’s approach to crypto has been “the wrong one,” and it needs to provide clear guidelines before launching enforcement actions. The United States Securities and Exchange Commission’s approach to regulating crypto is a “disaster,” and the agency has “done nothing” to clarify rules, says SEC commissioner Mark Uyeda. Uyeda...Continue Reading

UNI defies the marketwide sell-off by posting a 10%+ gain after the launch of Unichain. UNI, the governance token of the Uniswap decentralized exchange, outperformed the crypto market on Oct. 10, posting a 15% daily gain following the launch of its own layer-2 network, Unichain. The price of UNI is up 25% over the last...Continue Reading

New analysis suggests $1.3B of ETH from Plus Token Ponzi could be headed to exchanges; Upbit monopoly sparks bank run fears. Asia Express. Around $16 million in Ether from the Plus Token scam started moving to exchanges this week, suggesting intent to sell, according to on-chain analyst ErgoBTC. The Plus Token Ponzi scheme, which defrauded...Continue Reading

Bitcoin derivatives metrics shifted as BTC price fell under $59,000 today. Are lower prices incoming? Bitcoin (BTC) declined by 5.3% between Oct. 9 and Oct. 10, reaching a three-week low of $58,900. The market correction began after the United States reported higher-than-anticipated consumer inflation data, suggesting traders are concerned that the Federal Reserve has less...Continue Reading

Liberland was founded by Czech libertarian politician Vít Jedlička on April 13, 2015, in an area located between Croatia and Serbia. Tron (TRX) founder Justin Sun has been elected as Prime Minister of Liberland — a micronation located between the borders of Croatia and Serbia — following the results of the self-proclaimed sovereign nation’s Oct....Continue Reading

The tiny kingdom, formerly known as Swaziland, is looking at better domestic accessibility and cross-border trade with a proposed CBDC. The Central Bank of the Kingdom of Eswatini, the landlocked country of 1.2 million people sandwiched between South Africa and Mozambique, has released a design paper describing its potential central bank digital currency (CBDC), the...Continue Reading