09-22-2024
Steve Kaaru
Author
Article by Steve Kaaru
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20 May, 2023
Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens
Zimbabwe’s tokens are backed by 140 kilograms of gold, the central bank says, revealing it’s preparing for a second round...
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18 May, 2023
North Korea stole $1.2 billion from Japan, Vietnam: Elliptic
Japan accounted for 30% of digital assets stolen globally, and Elliptic’s research traced them to Lazarus Group, the hacking group...
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17 May, 2023
OpenAI to release open-source AI model as race with Google, Microsoft heats up: report
Sources tell The Information that the new open-source model would not compete with ChatGPT and come months after Microsoft released...
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17 May, 2023
UnionDigital Bank plans to use blockchain, digital assets to target underserved Filipinos
The Philippines lags behind its neighbors in availing financial services, and UnionDigital Bank is tackling this challenge and will soon...
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17 May, 2023
Singaporean researchers ‘solve’ DAO governance challenge with new model
The researchers ranked the existing DAO voting mechanisms, listing each mechanism’s challenges before unveiling their hybrid governance mechanism.
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16 May, 2023
Biden’s head of crypto enforcement pledges crackdown on Cryptocrime
Eun Young Choi of the U.S. Department of Justice, says she will not consider a VASP’s size in her efforts,...
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16 May, 2023
Jump Trading manipulated UST price for $1.3B profit, class action lawsuit alleges
Jump Trading entered into an agreement with Terraform Labs to manipulate UST to stay at $1 and in return purchased...
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15 May, 2023
M-Pesa breaks into Ethiopia where digital currencies have been declared illegal
Mobile money service M-Pesa becomes the first service to challenge the state-backed Telebirr in mobile money, even as Bitcoin remains...
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15 May, 2023
EU lawmakers edge closer to AI Act, taking aim at facial recognition, profiling
Two committees in the European Parliament voted for the amended AI Act to crack down on biometric surveillance, emotion recognition,...
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15 May, 2023
BTC miner Marathon Digital subpoenaed by SEC over securities violation
The U.S. securities regulator first sent a subpoena to Marathon in late 2021 for alleged federal securities violations related to...
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13 May, 2023
Shaq denies being served in FTX lawsuit, says drive-by serving is inadequate
Despite being over seven feet tall, Shaq is anything but easy to track for process servers who resorted to drive-by...
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13 May, 2023
China’s top court declares digital currencies can be used to settle debt
The Supreme Court will only enforce such contracts if they were made before September 2017 when China banned ICOs, and...
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