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The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first SEC enforcement actions against such scams. SEC Targets Crypto Scams in Latest Enforcement Action … Read more
A new AI-generated newsroom plans to launch its programming in early 2024 with AI-generated news anchors delivering AI-generated personalized news – what could possibly go wrong? Go to Source
The co-founders of crypto media Bankless are seeking to separate their brand from BanklessDAO some two years after the launch of DAO. Go to Source
Tether and Bitfinex say the decision not to appeal the Freedom of Information Law request by several media outlets was made in the interests of transparency. Go to Source
CoinDesk was owned by Digital Currency Group who acquired the media company in 2016 for $50M. The new owner, Bullish, is headed by former New York Stock Exchange president Tom Farley. Go to Source
The Block bagged a $70 million valuation after it sold a majority stake to a Singapore-based venture capital firm, severing financial ties to scandal-ridden FTX. Go to Source
Binance regional markets head Richard Teng insists that despite regulatory scrutiny, the company has no parallels to collapsed exchange FTX. Go to Source
Media companies have been trying to navigate the rapid emergence of AI, with many banning its usage internally and others choosing to embrace it. Go to Source
The media outlet claimed the public and press had a right to receive information on a “central participant in a financial scheme that defrauded investors of billions of dollars”. Go to Source Powered by WPeMatico
The proposal followed a complaint filed by U.S. authorities alleging Sam Bankman-Fried had leaked Caroline Ellison’s private journals in an attempt to interfere with the trial. Go to Source Powered by WPeMatico
