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GeneralBeginnerBinance’s decision to halt all Nigerian naira (NGN) transactions on its platform. This move comes after months of increasing tension between the exchange and Nigerian authorities. The Central Bank of Nigeria (CBN) has expressed suspicion about crypto exchanges operating within the country, citing…
#binance#crypto#government
ArbitrumBeginnerThe Arbitrum DAO has withdrawn a proposal seeking to allocate nearly $1.3 million worth of its cryptocurrency (ARB tokens) to fund the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev. The proposal, submitted earlier this month, sparked debate within the Arbitrum community.…
#crypto#law
GeneralBeginnerTCG World, a popular online virtual world platform, has joined forces with Chooky Records, a blockchain-focused music label. This collaboration aims to bring the world of hip-hop legends like Busta Rhymes and rising stars like O.T. and Elesia Iimura directly to the metaverse. This partnership…
#metaverse#nfts
GeneralBeginnerAccording to CNBC, a Google employee lost his job after interfering with the managing director of The search engine giant’s Israel division during the keynote speech about the company’s partnership with the Israeli military. The Hindustan Times cannot confirm the validity of this widely shared…
#google#web3
EthereumBeginnerEthereum co-founder Vitalik Buterin believes a “simple” hard fork could be the answer to safeguarding the blockchain from potential future quantum attacks. These attacks, enabled by the theoretical capabilities of quantum computers, could theoretically break the cryptography currently securing…
#crypto#quantum#vitalik-buterin
EthereumBeginnerLeading crypto investment firm Grayscale and major cryptocurrency exchange Coinbase met with officials from the US Securities and Exchange Commission (SEC) to discuss the potential conversion of Grayscale’s Ethereum Trust (ETHE) into a spot-based exchange-traded fund (ETF). This meeting comes…
#crypto#etfs#united-states
GeneralBeginnerOpenAI, the renowned artificial intelligence research laboratory, has confirmed that its CEO, Sam Altman, was mistakenly removed from the organization’s board of directors. This error has since been rectified, and Altman has been reinstated to his rightful position. The news comes after a period…
#ai#openai#sam-altman
GeneralBeginnerBinance.US, the American arm of the world’s largest cryptocurrency exchange, is facing significant challenges due to a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) last June. In a recent court filing, Binance.US claims the lawsuit has dealt a “near-mortal blow” to their…
#binance#changpeng-zhao#court
GeneralBeginnerDigital Currency Group (DCG), the venture capital firm behind Grayscale Investments and cryptocurrency lender Genesis, is fighting back against a hefty lawsuit filed by the New York Attorney General’s Office (NYAG). DCG and its CEO, Barry Silbert, have submitted motions to dismiss the $3 billion…
#crypto#law#new-york
GeneralBeginnerElon Musk ignited a legal battle against OpenAI and CEO Sam Altman over alleged breaches of agreements from his 2015 involvement launching ChatGPT. Specifically, Musk claimed OpenAI deviated from its mission benefiting humanity over profits. Consequently, his lawyers argued OpenAI’s profit…
#ai#elon-musk#sam-altman
SolanaBeginnerMemecoins featuring poorly drawn caricatures of celebrities and politicians. These tokens launched on the Solana blockchain, are captivating a niche group of investors seeking potentially explosive returns despite inherent risks and a lack of underlying utility. Memecoin speculators are…
#crypto#united-states
GeneralBeginnerShapeShift, a cryptocurrency exchange, made a settlement offer to the US Securities and Exchange Commission, acknowledging the agency’s order to cease and desist and agreeing to pay the penalty. In 2021, the exchange transformed into a decentralized autonomous organization (DAO), and the…
#crypto#defi#sec
