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Trending News

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Lawyers for Binance claim that Gary Gensler offered his advisory services to the exchange before becoming the head of the SEC.
According to lawyers representing the exchange, Binance, they allege that Gary Gensler, who would later become the head of the Securities and Exchange Commission (SEC), had offered his advisory services to the company years before his appointment.
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Twitter flagged AI-generated images of Donald Trump and Anthony Fauci with a disinformation alert.
Twitter's disinformation alert feature identified the images portraying Donald Trump affectionately embracing and kissing Anthony Fauci as AI-generated.
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In the wake of the disclosures regarding FTX, the regulatory authority ramped up its enforcement activities in the realm of cryptocurrencies.
Following the revelations concerning FTX, the regulator increased its enforcement actions in the cryptocurrency sector.
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Intuit is rolling out an operating system centered around generative artificial intelligence, which includes AI models that have been trained using the company's financial data.
Intuit is introducing an operating system focused on generative artificial intelligence, incorporating AI models that are trained on the firm's financial data.
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The U.S. Securities and Exchange Commission (SEC) has issued a summons order to Zhao, requesting his appearance in the U.S. District Court of the District of Columbia within 21 days from the date of receipt.
The SEC has summoned Zhao, urging him to appear in the U.S. District Court of the District of Columbia within 21 days as per the issued order.
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This month, the issuer of stablecoin becomes the second cryptocurrency company to be granted Singapore's MPI license, with Crypto.com being the first.
In the current month, the stablecoin issuing entity has been awarded the MPI license in Singapore, making it the second cryptocurrency firm to receive it, preceded by Crypto.com.
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Binance CEO Changpeng Zhao (CZ) characterized the lawsuit filed by the U.S. Securities and Exchange Commission against his company as a broad assault on the cryptocurrency industry.
The SEC's lawsuit against Binance seems to have brought the industry together as numerous stakeholders rally behind the besieged exchange.
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The French luxury brand Louis Vuitton, known for its blockchain adaptability, intensifies its Web3 initiatives by presenting its signature trunk as a virtual collectible.
Louis Vuitton, a French luxury label recognized for its blockchain-friendly stance, strengthens its involvement in Web3 by introducing its trademark trunk as a digital collectible.
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Binance expressed that its considerable scale has made it a vulnerable focus, as it is now "caught in the middle of a U.S. regulatory tug-of-war."
Binance.US, the United States subsidiary of the embattled Binance exchange, staunchly labeled the Securities and Exchange Commission's (SEC) lawsuit against its platform as "baseless," indicating a lack of factual support for the allegations.
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According to the museum, the decision was made after "honest and impartial discussions" with FTX's debtors.
The museum stated that the decision was reached following "sincere, unbiased negotiations" with FTX's debtors.
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Security teams probe an attack causing lost tokens, erased transaction data, and destroyed crypto portfolios.
Security groups are examining an assault that led to the disappearance of tokens, deletion of transaction details, and devastation of cryptocurrency portfolios.
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Fresh data and proof related to Elon Musk's cryptocurrency trading and promotional actions were underscored in a revised lawsuit on May 31. This most recent submission presents additional evidence allegedly demonstrating Musk's market manipulation.
Fresh information and proof could undermine Musk's prior efforts to have the case thrown out.
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On June 1, Circle announced its plans to introduce a native iteration of its USD Coin (USDC) stablecoin on the Arbitrum blockchain. This new variant of USDC, specific to Arbitrum, is set to be recognised as the official USDC of the Arbitrum platform, as stated by Circle. The launch of this new token is scheduled for June 8, according to the announcement from Circle.
On June 8, an additional blockchain will support the stablecoin, for example, the USDC stablecoin.
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The purportedly cancer-stricken artist behind the Pixel Penguins NFT project has been revealed as a scammer who used stolen artwork.
The Pixel Penguins NFT venture, supposedly established by an artist grappling with cancer, has been unveiled as a fraudulent scheme utilizing pilfered artwork.
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Twitter users inferred a Gate.io and MULTI/FTM link after sharing substantial deposit transactions.
A number of Twitter users shared transactions that displayed substantial deposits of MULTI and FTM into Gate.io, which prompted them to suspect a linkage between the two entities.
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U.S. securities regulators have reached a settlement with Ishan and Nikhil Wahi.
On May 30, the U.S. Securities and Exchange Commission (SEC) announced that it has reached a settlement with two individuals who were implicated in an insider trading scheme related to Coinbase.