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12.09 / 14:05

business Binance Middle east Binance Coin Binance pledges $3M in BNB to Morocco earthquake victims

Cryptocurrency exchange Binance has pledged millions of dollars in BNB (BNB) as aid relief for those affected by the large earthquake that struck Morocco on Sept. 8, causing at least 2,000 fatalities in Marrakech alone, the country’s fourth-largest city.

12.09 / 14:05

business Blockchain regulation lending Bankruptcy Celsius Former Celsius CEO Mashinsky seeks dismissal of FTC case

Alex Mashinsky, founder and former CEO of now-bankrupt crypto lender Celsius, filed a new motion in court seeking the dismissal of the United States Federal Trade Commission case against him “in its entirety.”

12.09 / 12:28

business Blockchain Funding Venture Capital Venture capital exec says ‘lack of innovation’ drives funding away from crypto

Compared to 2022, where the first and second quarters of the year saw a combined $20.3 billion flow into the space through VC funding, 2023 has been significantly lacking.

12.09 / 06:25

business defi patents defi protocols DeFi group petitions to stop ‘patent troll’ targeting DeFi protocols

A decentralized finance (DeFi) advocacy body has petitioned the United States Patent and Trademark Office (USPTO) to review a patent owned by a company it has accused of being a a “patent troll” — a firm that aims to profit from patent lawsuits.

12.09 / 06:25

business Adoption NFT virtual reality Metaverse Virtual Property Metaverse is dead in the West, but ‘so hot' in Asia: Sandbox co-founder

The metaverse might feel like it's “dead” for users living in the United States but the industry is thriving throughout Asia, says The Sandbox co-founder and COO, Sebastien Borget.

12.09 / 04:11

business Twitter hacks Scams Sim Card X account Vitalik Buterin reveals X account hack was caused by SIM-swap attack

Ethereum co-founder Vitalik Buterin has confirmed that the recent hack of his X (Twitter) account was the result of a SIM-swap attack.

12.09 / 02:17

business Law Adoption Ripple regulation SEC hearing SEC's Gary Gensler to hold firm on crypto enforcement in Senate hearing

Seemingly unfazed by a recent slew of court setbacks, United States Securities and Exchange Commission Chair Gary Gensler remains headstrong that his agency should be the one to reign over crypto — with plans to tell lawmakers the same on Sept. 12.

12.09 / 02:17

business Blockchain exchanges Bitget announces further $100M fund for ecosystem development

Crypto derivatives platform Bitget has announced a new fund focusing on growing its ecosystem and investing in regional exchanges, analytics firms, media organizations and entities that can contribute to its growth.

12.09 / 00:09

business Adoption PayPal Banks Lightning Network email Bitcoin Bitcoin will bring global payments out of the ‘fax era' — Ex-PayPal boss

While information today can be easily transferred over the internet via email or text, global payments on the other hand, have remained in a “fax era," according to the former president of PayPal.

12.09 / 00:09

business regulation DAO Bitcoin Regulation Crypto Companies Crypto companies form Texas blockchain group to advocate for clear regulations

A group of crypto and blockchain firms joined together to create a Texas crypto advocacy group, according to a Sept. 11 announcement. The group is called “Crypto Freedom Alliance of Texas,” and is founded by a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm. The group is promoting “the development of coherent and predictable regulations for digital assets in Texas.”

11.09 / 18:50

business regulation privacy data tracking Google Chrome launches built-in user tracking for advertisers

Google Chrome launched its built-in tracking and ad-curation platform, “Privacy Sandbox,” on Sept. 11, according to a company blog post. The platform was originally rolled out to a small percentage of users but is now available to around 97% of users. Google said the remaining 3% will be onboarded over the next few months.

11.09 / 17:47

business Google Machine Learning policies Meta Ceo Support Google launches Digital Futures Project with $20M in grants to support ‘responsible AI’

Google and its charitable arm, Google.org, launched the Digital Futures Project, an initiative to study responsible artificial intelligence (AI) technologies, on Sep. 11.

11.09 / 16:45

business Blockchain defi Developers lending Smart Contracts Aave v3 fork debuts noncustodial liquidity markets on Base

A collaboration across decentralized finance (DeFi) developers is introducing a non-custodial liquidity markets on layer-2 network Base, promising to enable trustless smart contracts to automatically connect liquidity pools with borrowing strategies.

11.09 / 12:39

business Blockchain regulation FTX Court Fried Sam Sam Bankman-Fried's lawyers request pre-trial release citing poor internet connection

Former FTX CEO Sam Bankman Fried’s lawyers have requested for a pre-trial release citing a lack of adequate internet connectivity in the federal jail. SBF’s legal team argued that poor internet connection is a hindrance in their defence preparation and leads to a loss of time.

11.09 / 12:39

business Adoption Web3 Gaming identity Animoca plans to develop digital IDs and point system for Web3

The gaming and Web3 company Animoca Brands announced on Sept. 11 the closing of a funding round to accelerate the development of its Mocaverse platform.

11.09 / 10:21

business Adoption Binance regulation Binance Coin Binance's Richard Teng denies FTX comparisons: 'We welcome the scrutiny'

Binance regional markets head Richard Teng insists that the global cryptocurrency exchange is financially secure and in no way similar to bankrupt peer FTX despite recent regulatory scrutiny and regional challenges,

11.09 / 09:51

business Google NVIDIA Meta ChatGPT OpenAI Meta is building AI model to rival OpenAI's most powerful system

Meta, the parent company to social media platforms Facebook and Instagram, says it's developing a new artificial intelligence (AI) that will rival the most advanced model from OpenAI, according to a Wall Street Journal exclusive.

11.09 / 04:53

business Adoption coinbase reports services Coinbase responds to reports suggesting it's ceasing services in India

Coinbase has provided information that seemingly contrasts a media report suggesting that it would soon halt all operations for its Indian customers.

11.09 / 04:25

business Blockchain interview Chain Chainlink Cross-Chain Is 2023 the year genuine cross-chain interoperability takes off?

The future of blockchain will be an interoperable one — with the death of “chain tribalism,” the proliferation of “hundreds of chains” along with an end to cross-chain bridge hacks, according to executives at Korea Blockchain Week.

11.09 / 03:01

business Adoption defi Social Media coinbase BaSe Friend Friend.tech TVL tops $20M weeks after being declared ‘dead’

Decentralized social media platform friend.tech has seen a sudden surge in total value locked (TVL), doubling to reach more than $20 million within the last four days.

11.09 / 03:01

business Sport FTX Court Bankruptcy FTX seeks to reverse payments made to Shaq, Naomi Osaka and Miami Heat

Bankrupt crypto exchange FTX is probing if it can reclaim the millions of dollars paid to celebrity athletes and sports teams that promoted the exchange before it filed for bankruptcy last November.

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