United States

MicroStrategy Q3 earnings: BTC bet is becoming an existential risk
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3 November, 2023

MicroStrategy Q3 earnings: BTC bet is becoming an existential risk

Figures show that MicroStrategy has spent $2.49 billion on BTC since 2020, with its price pumping at an average of...
FTX founder Sam Bankman-Fried found guilty on 7 charges
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3 November, 2023

FTX founder Sam Bankman-Fried found guilty on 7 charges

Crypto's former wonder boy Sam Bankman-Fried could see himself landing in jail for 115 years after being found guilty of...
Do Kwon, Terraform Labs ask judge to dismiss SEC lawsuit
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2 November, 2023

Do Kwon, Terraform Labs ask judge to dismiss SEC lawsuit

Following a lengthy investigation into the Terra collapse, Terraform Labs and Do Kwon filed a motion to dismiss the SEC...
US judge sides with generative AI over artists in potentially precedent-setting ruling
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1 November, 2023

US judge sides with generative AI over artists in potentially precedent-setting ruling

Citing a lack of evidence, Judge William Orrick described the case filed against Midjourney, DeviantArt, and Stability AI, as "defective...
PROOF Act: US senators introduce bipartisan proof of reserves bill
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1 November, 2023

PROOF Act: US senators introduce bipartisan proof of reserves bill

Under the U.S. bipartisan bill PROOF Act, the results of monthly PoR inspections would be submitted to the Department of...
Meta lawsuit claims platform’s use of AI algorithms endanger child safety
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31 October, 2023

Meta lawsuit claims platform’s use of AI algorithms endanger child safety

Lawyers representing 34 U.S. states claim in their lawsuit that Meta is engaged in multiple offenses that potentially harm teenagers...