AI Startup Helsing Raises $223M in Series B Funding
General Catalyst, a venture capital firm, has led a 223 million (approximately 209 million euros) in Series B funding for European artificial intelligence (AI) defense company Helsing on Thursday, September 14. The company emphasized its dedication to advancing artificial intelligence technology to protect democratic nations. In a statement, Helsing co-founder Gundbert Scherf said: “We founded […]
US SEC Accuses Binance.US of Not Cooperating With Investigation
In a court filing dated September 14, the United States Securities and Exchange Commission (SEC) accused Binance.US of non-cooperation in the ongoing investigation against the cryptocurrency exchange. In its court filing, the SEC noted that BAM, the holding company for Binance.US, has produced only 220 documents during the discovery phase. Numerous documents submitted under the […]
John Deaton Joins LBRY Lawsuit as Amicus Curiae
John Deaton, an attorney representing several token holders in the Ripple-Securities and Exchange Commission (SEC) lawsuit, has formally filed his notice of appearance as an Amicus Curiae in the LBRY litigation. According to a document filed with the United States Court of Appeals for the First Circuit on September 14, 2023, Deaton has officially filed […]
Bitcoin Lender Delio Plans to Sue South Korean Regulators
According to reports, South Korean Bitcoin lender Delio is preparing an administrative lawsuit against regulators for incorrectly interpreting the law, which resulted in an investigation and hefty sanctions against the cryptocurrency lender. Accusations of fraud and misappropriation by the Financial Service Committee (FSC) have been refuted by Bitcoin lender Delio, according to a report in […]
Goldman Sachs Predicts Upcoming Revolution for AI Technology
Goldman Sachs has maintained steadfastly that an artificial intelligence (AI) bubble does not exist. Rather than the anticipated bubble, the financial powerhouse believes we are on the precipice of an AI revolution. Goldman Sachs rejected vehemently in a recent publication a comparison between the recent rise in AI stock prices and the dot-com mania of […]