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July 7, 2023
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George Bachiashvili’s lawyer denies $39M Bitcoin misappropriation charges

The Prosecutor’s Office of Georgia alleges that billionaire George Bachiashvili misappropriated 8,253.13 Bitcoin in 2017, worth $39 million at the time.   The legal team representing […]
July 7, 2023
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European trade body warns against the exclusion of DeFi from MiCA

The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization.   The Association for […]
July 7, 2023
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Elon Musk accuses Mark Zuckerberg of cheating: Twitter vs. Threads

Twitter lawyer Alex Spiro sent a letter to Meta CEO Mark Zuckerberg threatening legal action against the company’s “copycat” application called Threads.   Elon Musk, the […]
July 7, 2023
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ChatGPT sees traffic fall 10% in June after initial rush from users

Despite the decline in traffic, ChatGPT still stays ahead of its AI chatbot competitors like Google’s Bard and Character AI.   According to data estimates from […]
July 7, 2023
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Canadian regulator explains stance on crypto staking, lending for investment funds

Staking is still allowed, while the lending opportunities are limited and the proportion of “illiquid” assets is restricted.   The Canadian Securities Administrators (CSA), Canada’s main […]
July 7, 2023
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‘No, we’re not smuggling people’ – Bitcoin advocate tours Europe in BTC-styled van

A Bitcoin-themed van promoting adoption around Europe has seen its fair share of drama, including a midnight stop and search by law enforcement agencies.   La […]
July 6, 2023
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UAE emerges as a pro-Bitcoin mining destination in the Middle East

The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate.   The United Arab […]
July 6, 2023
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OpenAI creates a new team to tackle ‘superintelligent’ AI systems

OpenAI says it’s planning to create a team to help manage the risks that could come from a superintelligent AI system that it expects to arrive […]
July 6, 2023
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Namibia passes bill to regulate crypto and digital assets

The legislation aims to establish a framework for licensing and regulating virtual asset service providers.   Namibia has joined other African nations in embracing cryptocurrencies and […]
July 6, 2023
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Mastercard AI-powered tool to help banks fight fraud

Mastercard revealed a new AI-driven tool available to banks for collecting insights to predict scams and frauds involving real-time payments.   Mastercard has introduced a new […]

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