Justin Sun and his companies have found themselves on the receiving end of an SEC dragnet in a move sending shockwaves through the cryptocurrency world. Justin Sun was strongly involved in allegations announced earlier this year which involved unregistered offers
SEC has begun its extensive investigation into companies dealing in digital assets by filing a lawsuit to freeze the assets of Binance.US and suing Coinbase in the process. The two recent enforcement actions show the seriousness of the SEC in
A U.S. judge ruled Thursday that Ripple Labs Inc. did not violate federal securities law when it sold some of its XRP token on public crypto exchanges. The ruling is only partial, but it is being celebrated as a landmark
Coinbase, one of the major cryptocurrency exchanges in the United States, has launched a firm rebuttal to the U.S. Securities and Exchange Commission (SEC). The crypto heavyweight filed an answer and a notice of intent to file a motion to
The U.S. Securities and Exchange Commission (SEC) is challenging Binance, one of the world’s largest cryptocurrency exchanges, in a landmark court hearing. But Binance continues to fight back. The SEC’s allegations of asset commingling and illegal operations by Binance.US and
Long before Apple created the Vison Pro, long before Meta’s Horizon Worlds was a glint in Mark Zuckerberg’s MetaQuest headset, and long before the world had ever heard of a Sandbox or Decentraland, there was Second Life; the original social
OpenAI secretly lobbied the European Union (EU) to weaken large parts of its AI Act in order to reduce the company’s regulatory burden, according to a report from Time. In public, meanwhile, CEO Sam Altman travelled the world calling for
Tech entrepreneur Wayne Chang claims he has developed an AI tool, LLM Shield, that prevents chatbots and large language models (LLMs) like ChatGPT from taking company secrets. The use of AI tools has been increasing of late, raising concerns that
The Sandbox, one of the most patronized decentralized virtual worlds, recently announced that it has teamed up with Ledger Enterprise, a company whose infrastructure solutions safeguard businesses’ crypto assets. As part of the deal, Ledger will provide security integration to all
Microsoft has unveiled an AI-powered tool to help cybersecurity professionals understand critical issues and find ways to fix them. The tool, named ‘Security Copilot,’ will assist cybersecurity specialists to identify breaches, threat signals, and better analyze data using OpenAI’s latest
This past weekend Yuga Labs, the owner of popular NFT collection Bored Ape Yacht Club, hosted the ‘Second Trip’ to its Otherside metaverse, with thousands of users taking part. The maiden journey to the Otherside metaverse took place last July
A dangerous security hole has been discovered in the default screenshot editing application on Google’s flagship smartphone, Google Pixel. The editing utility called ‘Markup’ allows images to become partially “unedited,” which may reveal details the sender wanted to hide. “Introducing
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