Donald Trump floats making Elon Musk a Cabinet member

If the suit is successful, X/Twitter would have to turn over data in order for AFP to determine how much compensation it will seek. 249 Total views 7 Total shares Agence France-Presse (AFP) announced a lawsuit against X, the company formerly known as Twitter, on August 2, citing Europe’s “neighboring rights” legislation.According to a press…

Despite attracting more than $1 billion, Fei protocol’s genesis event hasn’t been entirely smooth sailing — with LPs facing losses if they withdraw soon. 2186 Total views 19 Total shares The launch of Ethereum-backed stablecoin called Fei has locked up almost a billion dollars’ worth of ETH during its genesis event. But the launch hasn't…

The security token markets continued to slump last month, with sector-wide trade volume receding by more than 40%. 661 Total views 6 Total shares The bullish momentum enjoyed by the security token sector in the first three quarters of 2020 has well and truly subsided, with monthly volume crashing by more than 40% for the…

The state-backed platform will serve as a secondary market for NFTs and digital asset copyrights. 348 Total views 12 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAccording to a report published by local news outlet Sina News on Dec 28, China will launch its first regulated platform for nonfungible tokens (NFT)…

Hong Kong’s securities and futures commission (SFC) is planning to introduce crypto regulation to protect investors, the SFC chairman told Hong Kong English-language newspaper the South China Morning Post (SCMP) Monday, Oct. 15.Chairman Carlson Tong Ka-shing — who will pass his position in the SFC to Tim Lui Tim-leung on Oct. 19 — said in…

Facebook’s Libra has pushed central banks to consider two major issues in global payment systems, an exec at the European Central Bank (ECB) said.Benoit Coeure provided his remarks at a hearing at the Committee on the Digital Agenda of the German parliament on Sept. 25.According Coeure, an ECB board member and chair of the Committee…

The crypto market has entered a bearish phase as prices of major cryptocurrencies have fallen to a four-year low. The current downturn in the crypto market has driven several crypto firms to go out of business, while many have made severe job cuts to remain afloat.The crypto market crisis began with the Terra debacle that…

The report awarded points to the fiat ecosystem for the safety and stability policy while highlighting that “Public oversight has helped achieve safe and robust payment systems.” 227 Total views 5 Total shares In its continued efforts to identify the ideal future monetary system, The Bank of International Settlements (BIS) revealed the edge of the…