CryptoNews

US Judge Backs SEC: Trading of Certain Cryptocurrencies on Secondary Markets Are Securities Transactions

March 7, 2024
A U.S. district judge has sided with the Securities and Exchange Commission (SEC) in a ruling that declares the trading of certain crypto assets on secondary markets to be securities transactions. This decision emerged from an insider trading case involving crypto exchange Coinbase’s former product manager Ishan Wahi, his brother Nikhil Wahi, and their friend Sameer Ramani. Former SEC Official…
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GamingNews

Skillz sues Papaya Gaming for defrauding players by using bots in skill-based games

March 6, 2024
Skillz has sued a second gaming company — Papaya Gaming — for using bots in skill-based games that are supposed to be between humans. The lawsuit filed in federal court in New York comes after Skillz won a $42.9 million judgment in a patent-infringement lawsuit against AviaGames which surfaced similar evidence of using bots in skill-based human games. The new lawsuit against Papaya Gaming…
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AI & RoboticsNews

AI video startup Haiper emerges from stealth, plans to build AGI with full perceptual abilities

March 6, 2024
As OpenAI continues to drive virality with the content produced by Sora, its yet-to-launch AI video platform, competitors are going all in to push the bar with their respective offerings. Just a few days ago, Pika Labs introduced lip-sync to its product. And now, an entirely new AI video startup “Haiper” has emerged from stealth with $13.8 million in seed funding from Octopus Ventures. Founded…
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DefenseNews

Analysts: Boeing purchase of Spirit could strengthen defense business

March 6, 2024
Boeing’s potential acquisition of airframe manufacturer Spirit AeroSystems could help stabilize its defense business and give it a stronger hand in bidding on future military aircraft programs, analysts said Monday. Boeing and Spirit confirmed Friday they were in talks about a possible acquisition, following a Wall Street Journal report. The move, were it to happen, would reunite the two…
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