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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. Speaking exclusively to Magazine editor Andrew Fenton in Singapore ahead of the 2023 Token2049 conference, Teng addressed a variety

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BlackRock denies buying crypto trading platform Voyager Digital

After rumors surfaced suggesting that BlackRock, the largest asset management firm, is poised to acquire Voyager Digital, crypto.news confirmed that the deal was fabricated. When crypto.news reached out to BlackRock to confirm the veracity of the alleged buyout, Carolyn Vadino, the firm’s managing director of corporate communication, categorically confirmed that

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Kentucky regulator denies plan for subsidizing crypto mining facility

The Public Service Commission of the state of Kentucky has denied a proposed contract that would have allowed a mining firm to receive a discounted rate on electricity provided by the power company.In an Aug. 28 order, the commission denied a contract between Ebon International and Kentucky Power Company which

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Ronaldinho denies ties to dubious 18k crypto pyramid scheme

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Football legend Ronaldinho denies involvement in a controversial crypto scheme 18k Ronaldinho, while testifying before a legislative committee. Brazilian football legend and global icon Ronaldinho directly refuted allegations linking him to a cryptocurrency-based financial pyramid. Testifying before

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Ronaldinho denies part in alleged $61M crypto scam at congressional hearing

Retired pro soccer star Ronaldinho Gaúcho has testified at a congressional hearing in Brazil, denying his involvement in an alleged $61 million crypto pyramid scheme that bore his name.On Aug. 31 Ronaldinho appeared before a parliamentary committee inquiry where he refuted any role in the scheme called "18kRonaldinho" that promised

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Judge denies stakeholders request for representation in Celsius bankruptcy case

Judge Martin Glenn shot down efforts to have a special shareholders class declared in the Celsius Network bankruptcy case in a court document filed on Aug. 25. The judge also declined to settle whether or not the CEL token was a security. In a motion filed on July 25 and heard

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US judge rules in favor of human ingenuity, denies copyright for AI art

In a recent court decision, United States District Judge Beryl Howell upheld the stance of the U.S. Copyright Office that artworks created solely by artificial intelligence (AI) are not eligible for copyright protection.This verdict came amid growing worries about the possibility of generative AI taking the place of human artists and

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