Coinbase CEO Brian Armstrong has outlined the optimal strategy to achieve regulatory clarity for the crypto sector in the U.S. The executive emphasized the necessity of electing pro-crypto candidates, highlighting Stand With Crypto’s 900,000 advocates and their impact on key legislative votes. Armstrong also mentioned Coinbase’s recent $25 million contribution to the Fairshake Super PAC, aimed…
Dapper Labs Secures Favorable Settlement in Class Action Lawsuit Involving NBA Top Shot NFTs
June 4, 2024
Dapper Labs, a blockchain technology and digital collectibles company, has reached a favorable settlement in the legal case Friel vs. Dapper Labs, establishing that NBA Top Shot Moments are not securities. The company emphasizes that this significant ruling clarifies the…
Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations
June 4, 2024
Crypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European Economic Area (EEA). These regulations will restrict the issuance and offering…
Research and development (R&D) is really a chimera — the mythological creature with two distinctive heads on one body.
Researchers have strong academic backgrounds and regularly publish papers, apply for patents and work on ideas that are likely to come to fruition over the course of years. Research departments deliver long-term value, discovering the future by asking tough questions and…
Advanced Micro Devices CEO Lisa Su talked about her company’s chip architecture strategy for AI data centers and AI PCs at the Computex trade show in Taiwan.She spelled out AMD’s plans for its central processing unit (CPU), neural processing unit (NPU) and graphics…
Nvidia unveiled new RTX technology to power AI assistants and digital humans running on new GeForce RTX AI laptops.
The big AI and graphics tech company unveiled Project G-Assist — an RTX-powered AI assistant tech demo that provides context-aware help for PC games and…
American truck brand Peterbilt has announced its biggest electric semi sale to date – with Swedish transport company Einride AB ordering 150 of the company’s 579EV BEV trucks.
Einride is known for its “Freight Capacity as a Service” offerings that transport customers with a managed, low-risk way to transition to zero-emission transportation. Integrating electric and autonomous vehicles…
Sleepy Crypto Market ‘May Get Caught Offside': QCP Capital Eyes Bullish Shift in Ethereum
June 3, 2024
This weekend, the Singaporean cryptocurrency firm QCP Capital reported a significant drop in market volatility after the approval of spot ethereum (ETH) exchange-traded funds (ETFs), despite ongoing catalysts. QCP highlighted that bitcoin is under bearish pressure due to…
Rashawn Russell, a former investment banker, was sentenced on Thursday to 41 months in prison for a cryptocurrency fraud scheme that caused $1.5 million in investor losses. From November 2020 to August 2022, Russell deceived multiple victims by promising high returns from…
In May, cybercriminals were less successful in their attacks on decentralized defi platforms, resulting in losses attributed to hacks and fraud incidents amounting to approximately $52.4 million. During the same period last year, digital assets worth $59.3 million were lost to similar attacks. Gala Games, which incurred a loss of $21 million, and Sonnefinance with $20 million, accounted for almost…
