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Mark Cuban Calls for Clarity in Crypto Regulation Amidst SEC Crackdown
Prominent billionaire and tech entrepreneur Mark Cuban has now weighed in on the U.S. Securities and Exchange Commission’s (SEC) recent crypto crackdown. In a series of tweets penned throughout June, the tech entrepreneur urged for the simplification of the SEC’s rules concerning the cryptocurrency industry, pointing out the ambiguous and convoluted guidelines that startups are required to navigate. Cuban, a vocal supporter of Web3 startups, recently contended that the current regulatory environment leaves these enterprises in a precarious position due to a lack of clear guidance. His critique emerged amid a June 14 Twitter debate with John Reed Stark, former […]
Binance Lays Off 50 U.S. Staff, Faces Investigation in Europe
Binance, the world’s largest cryptocurrency exchange, is facing mounting regulatory challenges in Europe and the United States in the aftermath of the United States Securities and Exchange Commission (SEC) filing a civil lawsuit against the company on June 5. French authorities are investigating the company for alleged “aggravated money laundering” and other illegal activities related to digital asset services, according to Le Monde. Simultaneously, Binance is preparing to exit the Netherlands after failing to secure a virtual asset service provider (VASP) license, the company explained in a blog post on June 16. On top of that, Binance’s U.S. affiliate has […]
NTIA Receives Over 1,450 Comments On AI Accountability via @sejournal, @kristileilani
Learn more about the NTIA’s request for information about AI accountability, including responses from OpenAI, Microsoft, and Google. The post NTIA Receives Over 1,450 Comments On AI Accountability appeared first on Search Engine Journal.
JPMorgan Strategists Suggest Novel Classification for Ethereum
As the landscape of digital currency continues to evolve, it’s become apparent that the Securities and Exchange Commission (SEC) and other U.S. governing bodies are keen to redefine how the government regulates crypto. Yet, from the SEC suing Binance and Coinbase to the GOP calling for SEC restructuring, a clear path forward still seems a far way off. Now, as if only to add the convolution taking the blockchain industry by storm, a team of JPMorgan strategists led by Nikolaos Panigirtzoglou have proposed that Congress place Ethereum (ETH) under a new “other category” instead of under the rigid labels that […]
Machi Big Brother Files Defamation Suit Against ZachXBT
Today, well-known NFT trader and crypto figure Jeffrey Huang, who goes by the Web3 pseudonym Machi Big Brother, announced he had filed a lawsuit against on-chain internet sleuth ZachXBT. Huang accused the latter of “publishing and maliciously promoting an article that falsely presented [Huang] as a criminal that had embezzled millions of dollars of cryptocurrency and manipulated markets” and refusing to take down the post and associated tweet when asked. The article Huang is referring to in the lawsuit is entitled “22,000 ETH Embezzled and Over Ten Projects Failed: The Story of Machi Big Brother (Jeff Huang)” and was published […]
Google Research: Is This Dataset Used For Google’s AI Search? via @sejournal, @martinibuster
Google research paper shows how they created a dataset for training language models for open-ended dialogue The post Google Research: Is This Dataset Used For Google’s AI Search? appeared first on Search Engine Journal.
Generative AI Insights From Google Search Central Live In Tokyo via @sejournal, @kristileilani
See what Google Search shared on generative AI at the Search Central Live event in Tokyo on June 15 – 16. The post Generative AI Insights From Google Search Central Live In Tokyo appeared first on Search Engine Journal.
Instagram Broadcast Channels Roll Out Globally: What You Need To Know via @sejournal, @kristileilani
Instagram Broadcast Channels are rolling out globally. Discover how to find interesting channels and create a channel for your followers or subscribers. The post Instagram Broadcast Channels Roll Out Globally: What You Need To Know appeared first on Search Engine Journal.
Exclusive: Proof Collective Announces Foundry, Multi-Purpose Gallery in LA
Proof Collective — an exclusive members-only NFT community responsible for projects like Moonbirds, Oddities, Grails, and Emotes — has revealed its intention to launch a real-world, multi-purpose gallery and event venue situated in downtown Los Angeles’ Arts District. The venue is envisioned as a “hub where the Proof community, including Web3, traditional art, and entertainment spheres, can gather,” with artists also having the opportunity to create and display their creations. “What I hope to build is Proof’s great relationship to support artists, a great community to come by and be part of that, to be patrons,” Justin Mezzell, co-founder of Proof, told nft now. […]
Dmitri Cherniak’s Ringers #879, ‘The Goose,’ Just Sold for $5.4 Million
In August 2021, Ringers #879 became one of the most expensive NFTs ever sold at 1,800 ETH ($5.9 million). Two years later, the NFT from Dmitri Cherniak’s groundbreaking generative art project, affectionately known as the “Goose,” has found a new home with Punk6529 via Sotheby’s Grails: Part II auction. The winning bid was $5.4 million, but with the buyer’s premium, the total is actually over $6.2 million. Knowing the history of Ringers #879 is critical to understanding why it sold for such a high amount and why the auction has just about everyone in Web3 captivated. What is Ringers? Ringers is […]