Telecom company fined $1M for role in Biden deepfake scam
The Biden deepfake scam highlights the risks of emerging tech and the challenges to safeguard elections.
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Unconfirmed: Telegram TON Network to Launch by October 2019 or Token Contracts Are Void
Purchase agreements for messenger service Telegram’s Gram tokens will be terminated if the Telegram Open Network (TON) does not launch by October 31, 2019. An apparent purchase agreement with the said terms was obtained by Cointelegraph on Feb. 21.The agreement details the legal niceties of Gram token purchases, outlining regulations for different jurisdictions in regard…

Crypto Biz: SEC targets Robinhood, Grayscale’s Ethereum ETFs, and more
This week’s Crypto Biz features Robinhood’s Wells notice, Grayscale’s Ether ETF application, Coincheck’s merger deal and Block’s billionaire debt offering.

Sky Mavis co-founder breaks down Ronin’s surge in active users
Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a “dedicated and resilient community” that has been built since the launch of Axie Infinity.

Crypto Biz: Is Trump intentionally crashing the market?
The odds of a recession are rising, markets are crashing and President Donald Trump is forging ahead with tariffs. This volatile playbook is eerily similar to Trump’s first term, which started with a bang before giving way to one of the biggest bull markets in recent history. However, this time, Trump seems to have dropped

Genesis issues $6M NFT-backed loan to Meta4 Capital
Institutional investors are increasingly entering the NFT space, particularly interested in providing original lending solutions. 609 Total views 47 Total shares Genesis Global Capital has completed one of its first purely NFT-backed loans for $6 million to Meta4 Capital, a Miami-based Web3 focused investment management firm. This loan is notable not just for its amount…

Golem Releases New Golem Version Focusing on Developers
More updates should be coming your way. Decentralized computing power-sharing network Golem released a new version of its network.Golem announced the alpha release of the new Golem network, which focuses on easing application development.“As we have been mentioning in our communications over the last few months, we have made use of all the experience we…

US dollar hits new 20-year high — 5 things to know in Bitcoin this week
Bitcoin (BTC) heads into the first week of September on a rocky road downhill after United States markets’ Jackson Hole rout.After the U.S. Federal Reserve reinforced hawkish comments on the inflation outlook, risk assets sold off across the board, and crypto is still reeling from the aftermath.A fairly nonvolatile weekend did little to improve the…

Coinbase CEO wants next SEC chair to apologize for ‘damage’ done
Coinbase CEO Brian Armstrong believes that an apology is owed to Americans for the damage done by the SEC to the crypto space.