09-22-2024
Steve Kaaru
Author
Article by Steve Kaaru
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9 August, 2023
Utah mining software firm DEBT Box faces charges over alleged $50M scam
The U.S. securities regulator alleges that the company solicited investment for software mining licenses that generate tokens that are reported...
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9 August, 2023
Ryan Kavanaugh: I backed Netflix and Marvel Studios, and now I’m backing blockchain in Hollywood
The first to strike a media deal with Netflix, and the brain behind Marvel Studios’ revamp, Ryan Kavanaugh is a...
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8 August, 2023
New York couple pleads guilty to the $4.5B Bitfinex hack
Ilya Lichtenstein faces a maximum of 20 years behind bars for conspiracy to commit money laundering, while his wife faces...
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8 August, 2023
AI investment to hit $200B by 2025, with US the runaway leader: Goldman Sachs
In its report, Goldman Sachs says AI could have a bigger impact on U.S. economy than electricity and PCs, but...
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8 August, 2023
IRS: Staking rewards are taxable income
Once an investor has dominion and control over the staking rewards, they become taxable income, says the IRS in latest...
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8 August, 2023
Scientists edge closer to developing AI that learns like humans
A team from University of Ohio says that to advance AI, machines must mimic continual human learning where the AI...
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8 August, 2023
Australia’s Bendigo Bank bans high-risk digital currency payments for 2.3M clients
Bendigo Bank admitted that the ban would also affect genuine payments, but it’s a risk it must take following similar...
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8 August, 2023
Australian watchdog charges after eToro over high-risk CFDs offering
The ASIC says that eToro offered its highly-leveraged CFDs—which include digital assets—to retail investors without trading experience, with 77% of...
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7 August, 2023
Kenya suspends Worldcoin over data safety concerns as thousands queue for ‘free money’
Worldcoin’s popularity is soaring in Kenya on social media-fuelled promises of free money, with most of the signups not concerned...
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7 August, 2023
GameStop ditches digital asset wallet, cites regulatory uncertainty
GameStop will pull down the iOS and Chrome wallet extensions on November 1, even as its NFT business struggles and...
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7 August, 2023
Nigeria rings the alarm on Binance’s alleged illegal operation
Initially, the securities regulator issued a warning against Binance Nigeria, but in its latest notice, it warned against the global...
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5 August, 2023
Nigeria revising CBDC model to boost eNaira adoption
The central bank didn’t reveal details on how it would amend Africa’s first CBDC but says the goal is to...
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