CryptoNews

Coinbase Legal Chief Criticizes SEC's Vague Position on FTX Plan — Says Investors Deserve 'Way Better'

September 3, 2024
Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not explicitly deem these transactions illegal, it retained the right to contest them, leading to frustration within the crypto community. This uncertainty has…
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AI & RoboticsNews

AI is growing faster than companies can secure it, warn industry leaders

September 2, 2024
At the DataGrail Summit 2024 this week, industry leaders delivered a stark warning about the rapidly advancing risks associated with AI. Dave Zhou, CISO of Instacart, and Jason Clinton, CISO of Anthropic, highlighted the urgent need for robust security measures to keep pace with the exponential growth of AI capabilities during a panel titled “Creating the Discipline to Stress Test AI—Now—for…
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CryptoNews

Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm

September 2, 2024
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin. The dollar loan carries a 14.5% interest rate…
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CryptoNews

Coinbase Reports Its First AI-to-AI Crypto Transaction

September 2, 2024
Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI crypto transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s capacity to independently obtain resources…
CryptoNews

Crypto Expert Says This Meme Coin Could be the Best Buy for the Next Bull Run

August 30, 2024
There’s a new meme coin making waves, and it’s caught the attention of industry experts. Crypto All-Stars (STARS) is trying to break the mold of typical meme tokens. Instead of just depending on a cute mascot, it’s aiming to bring something fresh to the table – a unique staking platform called the “MemeVault.” MemeVault – The Unified Hub for All Your Favorite Meme Coins So, what is…
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