Bitnomial sues SEC over claim that XRP is a security
The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit.
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Bitfinex Withdraws $89 Million From Cold Wallet as Users Signal Exodus Over Legal Debacle
Cryptocurrency exchange Bitfinex has withdrawn funds worth almost $90 million from its cold wallet, blockchain data reported by cryptocurrency news outlet The Block confirmed on April 26.Bitfinex, which has the same owner as USD stablecoin Tether (USDT), has not publicly explained the reason for the withdrawals, which come as both companies face a fresh debacle…

Shiba Inu has a new use case — Buying land in SHIB: The Metaverse
Memecoin Shiba Inu can officially be used to purchase land in the SHIB Metaverse using the native SHIB token, as the development team continues to provide utility for holders. 421 Total views 12 Total shares Holders of the popular memecoin Shiba Inu (SHIB), will now be able to use the cryptocurrency to purchase land in…

ChatGPT sees traffic fall 10% in June after initial rush from users
Despite the decline in traffic, ChatGPT still stays ahead of its AI chatbot competitors like Google’s Bard and Character AI. Worldwide traffic for the popular artificial intelligence (AI) chatbot ChatGPT has witnessed a decline from the month of May to June, suggesting a reduction in interest in the AI assistant tool developed by OpenAI. According to…

Vitalik Buterin’s X account hacked, draining $691K+ from victims: Report
Following the reported breach of Ethereum co-founder Vitalik Buterin's X (formerly Twitter) account, victims suffered losses exceeding $691,000 due to a malicious link that falsely promoted a free NFT. 338 Total views 1 Total shares Vitalik Buterin, co-founder of Ethereum (ETH) had his X (formerly Twitter) account compromised, which, according to social media reports, resulted

UK Law Commission to Review Legal Frameworks to Remain ‘Competitive’ in Era of Smart Contracts
The U.K. Law Commission will review legal frameworks to ensure that British courts remain a “competitive” choice for businesses that use smart contracts. The announcement was made in the Commission’s 2018 report released July 19. The Law Commission was established in 1965 with the main tasks of monitoring the laws of the U.K. and recommending…

2019 AP Stylebook Provides Guidelines for Writing Blockchain-Related Terms
Major New York news outlet, the Associated Press (AP) has announced that its latest version of The Associated Press Stylebook and Briefing on Media Law has a new section on cryptocurrencies in an official Twitter post on May 29.According to the new AP style guidelines, which constitute a popular standard for professional publications, writers should…

Virtual coaches unite as The Voice enters the metaverse
The Voice debuts its first metaverse gamified experiences that let fans coach singers on virtual stages, win NFTs for their predictions for the real-time show and score exclusive experiences.

Unibot contract $560K exploit crashes token price by more than 40%
Amid ongoing investigations from Unibot and blockchain investigators, Scopescan advised users to revoke the approvals for the exploited contract and move the funds to a new wallet. 37 Total views 2 Total shares A new contract deployed on Oct. 29 by Unibot, a popular Telegram bot used to snipe trades on the decentralized exchange Uniswap