Day: 22 May 2024

Stephen Fideisen, a YouTuber better known as Coffeezilla, has levelled explosive allegations of a multi-million dollar scam against AI company Rabbit Incorporation. In a recent video, Coffeezilla claims that Rabbit, previously known as Cyber Manufacture Co, orchestrated an NFT scam centred around a project called Gama, for which the company ...

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has publicly criticized the Financial Innovation and Technology for the 21st Century Act (FIT21 Act), a new bill set to be passed in the House of Representatives. Gensler expressed significant concerns over its potential impact on investor protection and market stability. ...

Five U.S. asset managers have amended their applications to issue spot Ether exchange-traded funds (ETFs) with the Securities and Exchange Commission (SEC). Bloomberg ETF analyst James Seyffart shared this update late on May 21, 2024, via a post on his X account. The asset managers involved in these 19b-4 filing ...

The U.K.'s top financial authority, the Financial Conduct Authority (FCA), has approved the country's first cryptocurrency exchange-traded products (ETPs) for listing on the London Stock Exchange (LSE).  On May 22, WisdomTree announced that the FCA had given the green light for their Physical Bitcoin and Ethereum ETPs to be traded ...

Vitalik Buterin, the co-founder of Ethereum, has endorsed a recent move to make the "Likes" feature private X (formerly Twitter).  Buterin described the move as a "good decision" in a post about the move on the decentralized social media platform Farcaster while referencing X engineer Wang Haofei's recent confirmation of ...

Nigeria's National Information Technology Development Agency (NITDA) has announced that it would restructure the country's National Blockchain Policy Steering Committee (NBP-SC). According to a report from local media outlet Punch, Kashifu Inuwa, NITDA's Director-General, represented by Oladejo Olawunmi, the Director of IT Infrastructure Solutions, made this announcement at a three-day ...

Market analysts have expressed concern over Bitcoin's struggles to keep its price above $69,000. Notably, the cryptocurrency reached price levels above $71,000 in the last 24 hours but quickly fell back to $69,000 within a few hours.  The $69,000 point has been pegged as an important threshold for which Bitcoin’s ...

Hong Kong's Office of the Privacy Commissioner for Personal Data (PCPD) issued an enforcement notice demanding that the Worldcoin project stop all its operations in Hong Kong due to significant lapses in its data privacy practices and consent protocols. In a statement published on May 22, the privacy watchdog noted ...

Soulbound, the avant-garde gaming ecosystem, is taking the world by storm with its unique features and dynamic offerings. Positioned as the ultimate web3 destination, Soulbound is redefining the gaming experience for gamers, streamers, guilds, and artists alike. Soulbound offers a comprehensive platform for gamers to showcase their achievements, embark on ...