The 14-year-old boy’s last interaction was with a Character.ai chatbot before he tragically shot himself in the head in February, his mom alleged in a lawsuit filed on Oct. 22.  AI companion chatbot company Character.ai has been sued by the mother of a teenage son after his suicide, blaming the chatbots for luring the boy...Continue Reading

Denmark’s Tax Law Council has recommended introducing a bill that could tax unrealized gains and losses on crypto assets beginning as early as 2026. Denmark’s Tax Law Council has recommended introducing a bill that could potentially tax unrealized gains and losses on crypto assets held by Danish crypto investors beginning as early as 2026. In...Continue Reading

Judge John Koeltl ordered Alex Mashinsky and prosecutors to appear in court on Nov. 13 to address the former Celsius CEO’s motion to dismiss fraud and market manipulation charges. Alex Mashinsky, the former CEO of crypto platform Celsius, will appear in a New York courtroom for the first time in months for oral arguments related...Continue Reading

Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors. Ether (ETH) prices declined by 9.6% from Oct. 20 to Oct. 23, following a strong rejection at the $2,700 level. This move erased the gains of the previous 10 days, and as Ether now stabilizes near...Continue Reading

The North Koreans invested great effort in creating and promoting the game that apparently drained users’ wallets. The North Korean Lazarus Group of hackers used a fake blockchain-based game to exploit a zero-day vulnerability in Google’s Chrome browser and install spyware that stole wallet credentials. Kaspersky Labs analysts noticed the exploit in May and reported...Continue Reading

According to Tesla’s Q3 financial filings, the company’s automotive sales declined slightly since Q2 2024, while leases increased slightly. Tesla reported its Q3 2024 earnings on Oct. 23, revealing that the company has not sold any of the $184,000,000 in digital asset investments during the quarter and has not sold any crypto for five consecutive...Continue Reading