SEC Issues Crypto Investor Alert About Crypto Scams
In a recent social media post, the SEC reiterated its warning about crypto scams, highlighting common fraud tactics targeting investors. In a recent social media post, the U.S. Securities and Exchange Commission has reiterated its warning against cryptocurrency scams. The post, which was initially published in May, detailed a variety of fraud schemes that are […]
Kalshi Halts US Election Trading After Court Ruling
Kalshi launched its election markets after U.S. District Judge Jia Cobb ruled that the CFTC had exceeded its authority. The United States Commodity Futures Trading Commission (CFTC) successfully obtained an administrative stay on the underlying order in its case against Kalshi, forcing the prediction market to halt its trading in the United States election less […]
OpenAI’s Latest o1 Model Can ‘Think Before it Answers’
OpenAI has released several new artificial intelligence models, beginning with the most recent OpenAI o1 model, which the company claims can “think before it answers.” “OpenAI stated in a blog post on September 12 that this is a substantial advancement and represents a new level of AI capability for complex reasoning tasks.” “In light of […]
Kraken Seeks Jury Trial in SEC Crypto Lawsuit
Kraken is pushing for a jury trial in its ongoing legal battle with the SEC, which a California judge recently allowed to proceed. The exchange joins Binance and Coinbase, who face similar SEC allegations of violating federal securities laws. It appears that the legal dispute between the SEC and Kraken, a significant cryptocurrency exchange, will […]
Sky to Drop Wrapped Bitcoin Due to Change in Ownership
Sky, previously known as Maker, has suggested removing Wrapped Bitcoin as collateral within its ecosystem due to the token’s close association with Justin Sun. In a post on the protocol’s governance forum on September 12, Sky’s team announced that it would officially discontinue Wrapped Bitcoin (WBTC) variations on SparkLend, its decentralized non-custodial liquidity protocol. The […]