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Judge Phyllis Hamilton found XRP could be a security when sold in the retail market and gave the go-ahead to a lawsuit over statements from Ripple CEO Brad Garlinghouse.

Ripple faces securities suit in California over CEO’s ‘misleading statement’

A United States federal court judge has greenlit a civil securities lawsuit against Ripple Labs, denying its summary judgment bid in a suit alleging its CEO broke California securities laws....

2 months ago

The AI chatbot, Store Companion, will be used on handheld devices, providing staff members with immediate answers to any work-related questions they may have.

American retailer Target to roll out AI chatbot in US stores by August

Retail giant Target Corporation is rolling out a new generative artificial intelligence tool to assist hundreds of thousands of staff across its nearly 2,000 stores across the United States....

2 months ago

FCA arrests two suspects involved in a $1.2 billion illegal crypto asset exchange, highlighting the agency’s efforts to combat financial crime.

FCA busts suspects in $1.2B illegal crypto asset business

The Financial Conduct Authority (FCA) in the United Kingdom

2 months ago

Blockchain holds the key to feeding AI with verifiable information, and the Polkadot ecosystem is gearing up to make it happen in the data-driven future.

AI needs authentic information at scale, and this is how blockchain can deliver

The “information is the oil of the 21st century” narrative, penned by former Gartner exec Peter Sondergaard in the early 2010s, described the importance of knowledge in a digital wor...

2 months ago

Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before.

Stablecoins to make up 10% of money in the next decade or so: Circle CEO

Stablecoins could account for 10% of “global economic money” over the next ten years or more, according to stablecoin issuer Circle CEO Jeremy Allaire. It’s arguably ...

2 months ago

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...

2 months ago

The ETP issuer says a Tuesday CoinSnacks report was likely “commissioned by short sellers,” which the crypto-focused newsletter has denied.

DeFi Technologies slams ‘defamatory’ report that tanked its stock 28%

Exchange-traded product provider DeFi Technologies Inc. has slammed a “defamatory” and “misleading” report earlier this week that claimed its stock “isn’t ral...

2 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.’ ...

2 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...

2 months ago

The security firm said it was transferring the digital assets obtained in the exploit of Kraken back to the exchange, but many crypto users questioned its motives.

CertiK identified Kraken exploit, claims exchange ‘threatened’ its team

Blockchain security firm CertiK has gone public, identifying itself as the “security researcher” that cryptocurrency exchange Kraken claimed stole $3 million worth of digital assets....

2 months ago