Temasek, Sequoia Capital, Softbank, leading VCs face lawsuit for “abating” FTX fraud
The lawsuit alleged that the VC firms made many deceptive and misleading statements about FTX while encouraging customer...
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GitHub, Hugging Face, urge EU to relax open-source AI rules
An open letter calls for a review of the European AI Act, claiming that existing provisions would hinder open source AI...
Solana's Parrot Protocol submits proposal to go tokenless, investors risk face -89% returns
The proposal calls for the redemption of PRT tokens for liquid treasury value, and the transition to a no-token protocol...
Bittrex may still face enforcement action in Florida amid bankruptcy
A filing in bankruptcy court from Florida's Office of Financial Regulation suggested the regulator still had the “admini...
Crypto ads face stricter rules including a referral bonus ban by FCA
Crypto services in the U.K. will face stricter regulations, including a "cooling-off period" for first-time investors an...
Could Ben.eth’s PSYOP tokens face legal scrutiny? It depends, say lawyers
Michael Kanovitz, a lawyer threatening to file a class action against Ben.eth, says the PSYOP scheme bear similarities t...
Coinbase screws up, Florida bans CBDCs, and Ordinals face controversy: Hodler’s Digest, May 7-13
Calls for a boycott of Coinbase over memecoin controversy, Florida’s ban on CBDCs, and the effects of Bitcoin Ordinals o...
Artists face a choice with AI: Adapt or become obsolete
Art generated by artificial intelligence is making waves because of its ramifications — for originality, authorship, and...
Coinbase officers, board members face suit over alleged insider trading during listing
The suit charges the alleged inside traders saved over $1 billion by selling their shares when the company went public,...
Coinbase may face years-long court battle with SEC, CEO warns: Report
At a London fintech conference, CEO Brian Armstrong disclosed that Coinbase might consider leaving the U.S. due to the l...
