Ex-SEC Official Blasts Morgan Stanley Over Bitcoin ETFs
Ex-SEC official John Reed Stark warns Morgan Stanley of potential SEC scrutiny over spot Bitcoin ETFs. John Reed Stark, the former Chief of the SEC’s Office of Internet Enforcement, has issued a warning to Morgan Stanley regarding the provision of spot Bitcoin ETFs to its clients. The investment bank’s decision was criticized by an ex-SEC […]
NFT Sales Reach $95.42M, Ethereum Leads Amid Declining Market Participation
NFT sales rose 6.29% to $95.42M, led by Ethereum with $32.46M, while Bitcoin-based NFTs fell 10.03%. Non-fungible token (NFT) sales increased by 6.29% from the previous week between August 3 and August 10, 2024, reaching a total of $95.42 million. Nevertheless, the NFT market experienced a significant decrease in the number of participants, with purchasers […]
FTX to Pay $12.7bn to Creditors, CFTC says
FTX and Alameda ordered to pay $12.7 billion in fraud case settlement CFTC announced in a news release. The Commodity Futures Trading Commission announced in a news release that a court has ordered FTX and its affiliate, Alameda Research, to pay $12.7 billion to consumers and victims of their fraud. FTX Ordered to Pay $12.7 […]
Santa Monica Opens Bitcoin Office, Plans October Festival
The municipal council of Santa Monica unanimously approved the office on July 11, and its webpage went live on August 8. The City of Santa Monica, California, established a Bitcoin Office to educate residents, identify potential economic opportunities, and consolidate the city’s position as a center for Bitcoin innovation. Proof of Workforce is a nonprofit […]
Anthropic Offers $15K Bounty for Next-Gen AI Jailbreaks
This program is part of Anthropic’s “red teaming” efforts, where engineers intentionally try to manipulate or disrupt their AI models. On August 8, Anthropic, a company that specializes in artificial intelligence, announced the introduction of an expanded bug bounty program. The program will provide rewards of up to $15,000 to participants who are able to […]