Crypto Super PAC Invests $660K in Massachusetts Senate Race as US Election Nears
The Commonwealth Unity Fund, a prominent political action committee (PAC) with strong backing from the cryptocurrency industry, has made significant financial contributions in the race for a United States Senate…
Google Loses $2.7 Billion Shopping Antitrust Case in EU’s Final Ruling
Google has suffered another significant legal blow in Europe, as the European Court of Justice (ECJ) upheld a €2.42 billion ($2.65 billion) fine over antitrust violations involving its shopping comparison…
Apple Ordered to Pay €13 Billion in Back Taxes to Ireland After EU Court Ruling
Apple has been ordered by the European Court of Justice (ECJ) to pay €13 billion ($14.4 billion) in back taxes to Ireland, marking the conclusion of a 10-year legal dispute…
FBI Reports $5.6 Billion in Cryptocurrency Fraud Losses for 2023
The FBI’s Internet Crime Complaint Center (IC3) has unveiled its report on cryptocurrency fraud for 2023, revealing that Americans lost a staggering $5.6 billion due to such schemes. This marks…
Polaris Dawn Sets Out for First-Ever Civilian Spacewalk
Polaris Dawn has officially launched, marking a historic step in civilian space exploration. On the morning of September 10, a SpaceX Falcon 9 rocket lifted off from NASA’s Kennedy Space…
AMD prioritizes AI over high-end gaming graphics cards
AMD has shifted its focus toward AI chips, deprioritizing flagship gaming GPUs in favor of a broader business strategy. The company’s new approach will merge its RDNA gaming graphics and…
Kamala Harris Baits Trump on Rally Crowd Size, Prompting Outburst
Vice President Kamala Harris made headlines during the recent debate night with a sharp critique of former President Donald Trump, which seemed to get under the GOP presidential nominee’s skin.…
Kamala Harris Releases Policy Platform Details — No Mention of Crypto
Democratic presidential nominee Kamala Harris has unveiled new elements of her policy agenda as the 2024 United States presidential election approaches. While the updated platform emphasizes a commitment to fostering…
Google Faces New Antitrust Lawsuit Over Alleged Ad Tech Monopoly
Google is now facing another antitrust lawsuit, this time over its advertising technology, just one month after a judge ruled its search engine an illegal monopoly. The U.S. Department of…
Ether Eyes Potential Price Breakout Amid Post-Summer Market Recovery
Ether, the second-largest cryptocurrency by market capitalization, is showing signs of a potential price breakout following a prolonged downtrend that began in late March. This anticipation is fueled by a…
Musician Arrested for Using AI and Bots in $10 Million Streaming Fraud
A North Carolina musician has been arrested for orchestrating a large-scale scheme to swindle royalties from music-streaming platforms using AI-generated songs. Michael Smith, the accused, allegedly generated over $10 million…
Crypto Scammers Use Deepfakes of Apple CEO Tim Cook During iPhone 16 Livestream
YouTube was recently inundated with fraudulent livestreams featuring deepfake videos of Apple CEO Tim Cook, who was depicted promoting cryptocurrency scams. This surge in scam content occurred simultaneously with Apple’s…
Venezuelan Election Crisis Highlights Challenges for U.S. Policy on Migration Causes
As the U.S. gears up for the upcoming presidential debate, former President Donald Trump and Vice President Kamala Harris are set to clash over border security and immigration policy. Trump…
Spot Bitcoin ETFs Experience $1.2 Billion in Outflows Over Eight Days
In a significant market movement, the 11 United States-based spot Bitcoin exchange-traded funds (ETFs) recorded combined net outflows of $1.2 billion from August 30 to September 6, marking the longest…
Bending Spoons to Cut 75% of WeTransfer Workforce After Acquisition
Bending Spoons, an Italy-based app company known for owning Evernote and Meetup, plans to lay off 75% of the staff at file transfer service WeTransfer following its acquisition in July,…
CEO of Crypto Research Firm Steps Down Following Armed Robbery of Company Assets
Nick Drakon, the CEO of the cryptocurrency research and education platform Revelo Intel, has resigned from his position following a traumatic incident where he was coerced at gunpoint to transfer…
Former Ethereum Advisor Files $100M Lawsuit Against Law Firm Over Defense in Crypto Extortion Case
Steven Nerayoff, an early advisor to the Ethereum network, has initiated a lawsuit against the prestigious law firm Covington & Burling, demanding $100 million in damages. This legal action stems…
Tether Expands Portfolio with $100 Million Investment in Agricultural Sector Amid Rising Stablecoin Rivalry
Tether, the organization behind the world’s largest stablecoin, has recently embarked on a new venture by investing $100 million in the Latin American agricultural powerhouse, Adecoagro. This move marks Tether’s…
DirecTV Announces Price Hike Amid Disney Channel Blackout
DirecTV has informed its customers that prices will rise starting in October 2024, just as the company deals with the fallout from losing ESPN, ABC, and other Disney-owned channels in…
Disney’s Lion King Director Calls AI a ‘Wild West’ with Few Rules
AI in the film industry presents both opportunities and challenges, according to Rob Minkoff, director of Disney’s The Lion King. Minkoff described artificial intelligence as a “Wild West” with few…