Following recent changes to its privacy policies, Google is now the target of a class-action lawsuit with serious allegations of privacy infringement and unauthorized use of copyrighted materials. The lawsuit was filed on July 11, 2023, by eight individuals...
A new study by the United States Government Accountability Office (GAO) has found that blockchain technology could significantly enhance the monitoring and management of various U.S. Small Business Administration (SBA) programs. The U.S. Small Business Administration (SBA) was founded...
Cathie Wood's investment company, ARK Invest, has sold $12 million worth of Coinbase shares from the ARK Innovation ETF, one of the most important exchange-traded funds (ETFs). This is the second time in 2023 that ARK has sold part...
Judge Paul Barbadoro of the U.S. District Court for the District of New Hampshire has refused to make a definitive ruling on whether the secondary sale of LBRY Credits (LBC) qualifies as a security. The U.S. Securities Exchange Commission...
Rodeo Finance, a DeFi protocol, has suffered an exploit that resulted in a loss of $888,000 from its coffers. The attacker took advantage of a programming flaw in the protocol's Oracle, manipulated an asset's price, and stole more than...
Luxury watches are now being used as collateral for DeFi loans via the integration of non-fungible tokens (NFTs). CirrusNFT, a pseudonymous NFT collector, shared a story on July 11, 2023, that highlighted how an anonymous borrower successfully secured a...
The Chinese government is currently considering new laws that strongly emphasize licencing and content control for the development of generative AI technologies. According to a report from the Financial Times, the Chinese digital tech regulator, Cyberspace Administration of China...
Rodrigo Seira, special counsel for Paradigm, a crypto investment firm, has accused the U.S. Securities Exchange Commission (SEC) of overreaching its jurisdiction by attempting to regulate secondary crypto markets. Seira expressed his views in a series of tweets on...
Dubai's digital asset regulator, Virtual Assets Regulatory Authority (VARA), has taken a regulatory enforcement action against BitOasis, a prominent cryptocurrency exchange in the Middle East. On July 10, 2023, VARA issued a market alert stating that it has suspended...
Prominent authors Richard Kadrey, Christopher Golden, and Sarah Silverman have filed a lawsuit against Meta and OpenAI on allegations of copyright infringement. The lawsuit centres around the unauthorized use of copyrighted content in the training datasets of both companies' ...
