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The United States Commodities Futures Trading Commission can serve members of the Ooki decentralized autonomous organization, or DAO, with summons through online communications, according to a federal judge.In an Oct. 3 order granting a CFTC motion, U.S. District Judge William Orrick said the commission could provide a copy of its
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Well, on this Monday's episode, “Odd Lots” had Sam Bankman-Fried (SBF). He is probably best known for his exceptional hair, but he also founded crypto exchange FTX. He ranks among crypto’s richest and, given he studied physics at MIT, probably one of its classically brightest (whatever that means). On the
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Finding mainstream use cases for non-fungible tokens is the next objective to take NFTs to the masses. French startup Sneakmart, with its dedication to streetwear, is tapping into the sneaker collector market. The company will bring limited-edition sneaker NFTs to collectors worldwide through mystery sneaker boxes. Sneakmart Modernizes Sneaker Collecting One of
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Restaurant chain Jack in the Box has sued cryptocurrency exchange FTX alleging that the crypto company “brazenly and illegally copied or derived its ‘Moon Man’ mascot” from its own mascot. The lawsuit details that FTX’s refusal to stop using Moon Man has caused Jack in the Box “considerable economic damage
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Lawyers for major fast food chain Jack in the Box have filed a lawsuit against crypto exchange FTX US for copyright and trademark infringement of its "Jack" mascot.According to federal court documents filed in the Southern District of California on Wednesday, Jack in the Box's legal team is requesting a jury
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BOX proposed a rule change to the SEC for using the Ethereum blockchain to record and publishing end-of-day securities ownership balances. Source
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Successful investors always seek to get market beating returns by swimming against the tide. Warren Buffet’s oft quoted maxim seems particularly relevant to the COVID era: “be fearful when others are greedy and to be greedy only when others are fearful.” Certainly, when faced with a black swan event, when normal investment strategies
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EA is promoting FIFA 21 loot boxes in an in-store toy catalog aimed at children.The publisher has now issued a statement confirming it is working to pull the ad.EA says it is also conducting an ‘immediate review’ of media placements.After getting caught red-handed promoting FIFA 21’s loot box mechanics in
Read MoreThe decentralized finance, or DeFi, sector of the crypto industry has been bursting with exuberance, innovation, and speculation in recent months. The niche is still very much in its infancy, however, according to Richard Byworth, CEO of digital finance company Diginex."I do believe that DeFi is the future potentially down
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