Yuga Labs Wins Trademark Case Against Bored Ape Interloper
An artist, Ryder Ripps and his co-defendant Jeremy Cahen were found guilty of copying Yuga Labs’ NFTs and selling them under the name RR/BAYC. The Central District of California’s Judge John F. Walter found on April 21 that Ryder Ripps and Jeremy Cahen had violated Yuga Labs’ trademark and dismissed their claims that their imitation […]
Bahamas strengthens control of digital assets with DARE bill
The Securities Commission of The Bahamas has began a consultation period for the proposed Digital Assets and Registered Exchanges (DARE) law, 2023. By keeping Bahamian consumers, investors, and markets informed about technical advancements in the digital asset sector, this law seeks to improve their protection. Strong standards for risk management, market innovation and development, consumer […]
CoinLoan Halts all Withdrawals, User Services
CoinLoan which has been operating under the Estonian Financial Authority’s license since 2017, stopped all of its operations. CoinLoan, a European cryptocurrency lending company, was recently forbidden by Estonian officials from selling any assets without first receiving direct, provisional approval from its liquidator. The regulator further mentioned that the order requires Mr. Martin Yen to […]
China Expands Digital Yuan Usage for Cross-border Trade
China is increasing the use cases for its CBDC, known as digital yuan or e-CNY for its Belt and Road program and cross-border trading. One of the initial CBDCs that was created and extensively tested was the digital yuan, often known as the digital RMB. Despite the lack of a formal launch, the government has […]
Binance Integrates AI Chatbot ChatGPT into its Education Platform
The “Binance Sensei,” a new AI-powered tool from Binance, employs machine learning to produce answers from its educational platform. After its most recent release in late November 2022, the artificial intelligence (AI) chatbot ChatGPT swept the globe. Although there was a lot of opposition to the technology in the beginning, it is still being used […]