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Meta cited a section of a 1996 federal law in an attempt to escape a crypto ad lawsuit from Australian billionaire Andrew Forrest, but a U.S. federal judge said it wasn’t enough.

Meta loses bid to wriggle out of billionaire’s crypto scam ad lawsuit

A United States judge has rejected Meta Platform’s bid to toss a lawsuit from billionaire Australian mining tycoon Andrew Forrest over Facebook ads that used deep fakes in his im...

3 months ago

Fair launch tokens could help the industry return to the true ethos of crypto, according to Arweave's founder.

AI computing protocol attracts $158M within a week after 'fair launch'

An Arweave-based computing protocol for artificial intelligence (AI) applications, AO, has attracted over $158 million worth of deposits within a week after its ‘fair launch.’ ...

3 months ago

Konami Digital Entertainment has teamed up with Avalanche to debut Resella, an intuitive NFT platform simplifying NFT creation, issuance and trading.

Konami partners with Avalanche for Resella NFT platform launch

Japanese game developer and publisher Konami Digital Entertainment has announced its collaboration with the Avalanche blockchain to launch its new non-fungible token (NFT) solution, “Resel...

3 months ago

This edition of Cointelegraph’s VC roundup features Plural Energy, Everclear, Ava Protocol, GoPlus and other startups.

VC Roundup: Investors double down on funding for crypto, blockchain startups

Venture capitalists are increasingly raising capital to pour into blockchain-based startups. Over the past two weeks, Paradigm closed a third fund to invest $850 million in early-stage...

3 months ago

The new company will develop AI safety and capabilities in tandem.

Ex-OpenAI chief scientist Ilya Sutskever launches SSI to focus on AI safety

Co-founder and former chief scientist of OpenAI, Ilya Sutskever, and former OpenAI engineer Daniel Levy have joined forces with Daniel Gross, an investor and former partner in startup accelerato...

3 months ago

North Dakota’s Department of Financial Institutions Commissioner pointed to Binance’s money transmitter and AML convictions to make its case.

North Dakota latest US state to revoke Binance.US license

North Dakota’s financial regulator has revoked a money transmitter license for Binance’s United States arm, Binance.US — making it the seventh state to do so. North D...

3 months ago

The firm chose to expand into Abu Dhabi due to the innovation-friendly crypto regulations.

Nomura crypto arm Laser Digital bags Abu Dhabi license

Nomura’s cryptocurrency arm, Laser Digital, has received a broker license in the Abu Dhabi region for both traditional and digital assets. The Financial Services Regulatory Autho...

3 months ago

The alternative DApp store wants to offer features for Web3 enthusiasts while focusing on due diligence when listing apps.

APhone introduces DApp store combining Web2 and Web3 apps

The relationship between app distribution platforms and developers has been a topic of conflict for several reasons, including excessive sales fees and competition restrictions that limit develo...

3 months ago

Blockchain and Web3 reimagine the travel industry by unifying different stakeholders on the same, decentralized communication platform.

Bridging local experiences with global reach: How blockchain can help

Imagine a private surf school in Bali seamlessly connecting with major airlines and travel agencies worldwide, offering its services to a global audience with just a few clicks. This is not a fu...

3 months ago

The new synthetic dollar is the first step in the rollout of a real-world asset tokenization platform, said Tether.

Tether launches gold-backed, US dollar stablecoin Alloy

Tether is introducing a gold-backed stablecoin pegged to the U.S. dollar. It is the first tethered asset, the issuer declared. The new coin is called Alloy (aUSDT) and is mintable on the new All...

3 months ago