AI firm Rabbit rejects Coffeezilla’s NFT scam accusation
A Rabbit spokesperson claimed that the Gama team was forthright with the open-sourcing of the project and that the allegation was false.
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Ditch Google and Use a Bot Instead: Startup Says the Golden Era for Search Apps Is Over
Finding your way around a new city, or even discovering exciting things to do in areas you know well, is hard. Meanwhile, local economies have been struggling to prosper — with small businesses increasingly reliant on online behemoths such as Facebook and Google where users face information overload.A new blockchain-based startup believes the golden era…

BlockFi denies rumors that majority of its assets were held on FTX
Although it admitted to “significant exposure,” the crypto lender assured clients that it has “the necessary liquidity to explore all options.” 484 Total views 19 Total shares Crypto lender BlockFi issued an official notice to its clients on Nov. 14 denying rumors that the majority of its assets were on FTX prior to the exchange’s collapse.…

Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4K
Bitcoin bulls may be able to trap late sellers below key bull market trendlines as BTC price weekend gains pass 5%.

Is there a right way to regulate crypto? Yes, and this is how
Cryptocurrency is becoming increasingly mainstream. Between the entrance en masse of traditional financial institutions — from investment funds, to banks, to insurance companies — to the multitrillion-dollar market capitalization, crypto is truly unignorable. As such, it is also increasingly on the radar of regulators around the world, particularly in the United States. How can this industry…

Layer1 Secures $50M from Peter Thiel, Others to Mine Crypto in Texas
Cryptocurrency investment and infrastructure platform Layer1 has secured $50 million from a number of industry stakeholders in a Series A funding round.As Fortune reported on Oct. 15, venture capitalist and PayPal co-founder Peter Thiel, early-stage investor Shasta Ventures, along with other industry players committed $50 million to Layer1, which plans to build a wind-powered Bitcoin…

FAANG Stocks Provide a Better Risk-Adjusted Performance Than Bitcoin
Bitcoin (BTC) and other cryptocurrencies have been compared to FAANG (Facebook, Apple, Amazon, Netflix and Google) companies due to their network effects, as reported by Cointelegraph. The rationale that the increase in people using a platform makes its value increase exponentially — as it happens with Facebook or the App Store — is applied to…

SEC seeks judgement after ‘no show’ in $9M Meta 1 Coin fraud case
The SEC is seeking a default judgment against three companies and four individuals for their roles in an allegedly fraudulent ICO that duped $9 million from 500 investors. 1890 Total views 4 Total shares The U.S. Securities and Exchange Commission has requested a default judgment against three companies and four individuals associated with the allegedly…

UK Royal Mint to Provide Custody for New Cryptocurrency
Royal Mint, a government-owned manufacturer of coins in the United Kingdom, will provide crypto custodial services for the first time ever, according to a press release shared with Cointelegraph on July 15.The 1,100 year-old financial institution is participating in the launch of new cryptocurrency temtum (TEM), which is expected to go live on July 17. Specifically,…