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According to the SEC in a recent lawsuit, Binance deliberately broke several rules and secretly funneled customer funds via a separate entity. The US Securities and Exchange Commission (SEC) has slammed Binance with a lawsuit for varying malpractices. In addition to accusing Binance of mishandling customers’ funds, the commission’s lawsuit also
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Leading chipmakers MediaTek and Nvidia recently combined resources to “offer a truly unique” in-cabin AI experience in automobiles. Taiwan’s MediaTek Inc has partnered with US chip-manufacturing giant NVIDIA (NASDAQ: NVDA) to bring enhanced AI tech to automobiles. The partnership seeks to revamp in-car experiences with software-defined, smart cabin solutions using Nvidia’s GPU chiplets. The joint
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent blog post, Pascal Gauthier, Chairman and CEO of Ledger, addressed concerns over the company’s new product, Ledger Recover. The announcement of this product, provided by Coincover, was met with confusion and surprise,
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Celebrating Bitcoin Pizza Day: the Time a Bitcoin User Bought 2 Pizzas for 10,000 BTC Original Source
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On Monday, the EU imposed a record $1.3 billion fine on social media giant Meta for transferring EU user data to the US. Meta Platforms Inc (NASDAQ: META) recently incurred a record 1.2 billion euros ($1.3 billion) fine from the European Union (EU) for privacy violations. European privacy regulators alleged that the Facebook parent
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Floki, a metaverse and web3 project that initially started as a meme coin, is partnering with the World Table Tennis (WTT), an organization created by the International Table Tennis Foundation (ITTF). Floki aims to reach more
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Optimism, an Ethereum-based layer-2 blockchain, will use Ethereum Attestation Service (EAS), an on-chain attestation protocol, that will enable users to assess the trustworthiness of the platform’s users and vouch for whether something actually happened on the blockchain, as per a release sent to CryptoX. Source
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Four media outlets in the United States have continued efforts to get the identities of non-U.S. FTX customers revealed, filing new objections to a previous motion to seal their identities. Bloomberg, Dow Jones, The New York Times and The Financial Times first filed a motion objecting to FTX and the Official
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Artificial intelligence (AI) continues its pervasive entry into industries worldwide. The latest crypto industry adoptee is Crypto.com after it announced its new generative AI user assistant. Crypto.com announced “Amy" on May 2. It is the new AI companion of the crypto exchange built to inform users with information on the
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Global financial services giant Mastercard has launched a new Web3 solution aimed at enhancing user verification standards and “reducing the opportunities for bad actors” in the digital asset space. The solution is dubbed the “Mastercard Crypto Credential” and its launch was announced on April 29. In an accompanying explainer video
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