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author

Article by Steve Kaaru

Jump Trading manipulated UST price for $1.3B profit, class action lawsuit alleges
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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...
M-Pesa breaks into Ethiopia where digital currencies have been declared illegal
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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...
EU lawmakers edge closer to AI Act, taking aim at facial recognition, profiling
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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,...
BTC miner Marathon Digital subpoenaed by SEC over securities violation
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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...
Shaq denies being served in FTX lawsuit, says drive-by serving is inadequate
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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...
China’s top court declares digital currencies can be used to settle debt
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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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