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Eliza Labs, an AI software company, has sued X Corp, alleging that the social media platform "wielded its incredible monopoly power" to suspend Eliza's account after extracting valuable knowledge from the AI firm.In a Wednesday filing with the federal court in San Francisco, Eliza Labs and its found…
Crypto asset manager 21Shares has filed with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund tracking the price of SEI, following Canary Capital’s application in April. The S-1 registration statement filed with the SEC on Thursday proposes to use crypto price index …
Bitcoin may be hailed as digital gold on Wall Street, but when a real crisis hits, many will treat the cryptocurrency like fantasy play money, says Tezos co-founder Arthur Breitman.But why on earth would a crypto builder of almost a decade say such a thing?What about all the institutional money pour…
With a crypto friendly regulatory environment in the United States, and competition among platforms offering access to prediction markets, Kalshi said on Monday it has hired John Wang as its head of crypto."I’ll be bringing new crypto markets to life, growing Kalshi’s builder ecosystem, and leading …
Strategy co-founder Michael Saylor signaled an impending Bitcoin purchase, and, if completed, the transaction will mark the company’s third BTC acquisition in August.The company’s most recent Bitcoin buy occurred on August 18, when Strategy purchased 430 BTC for $51.4 million, bringing its total ho…
Tornado Cash co-founder Roman Storm, found guilty on one felony count in August, may be closer to avoiding a possible retrial on additional charges following a statement from a Justice Department official.Speaking at a Thursday summit in Wyoming organized by the cryptocurrency advocacy organization …
Bitcoin dropped under a key support level Thursday after US Treasury Secretary Scott Bessent said the government has no plans to make additional purchases of more Bitcoin for its Bitcoin and digital asset reserve.Bitcoin fell below the $120,000 psychological support level on Thursday and traded at …
After years of sitting on the sidelines, U.S. crypto companies are lining up to go public, buoyed by friendly policies under President Donald Trump's second administration that have pushed the value of global cryptocurrencies to a record $4.2 trillion.Bullish (BLSH.N), a cryptocurrency exchange …
OKB, the native token of crypto exchange OKX, gained almost 160% on Wednesday after the platform revealed an overhaul to its blockchain ecosystem and tokenomics, including a major burn.The rally, which briefly pushed OKB (OKB) prices as high as $135 from a daily low of $45, came as OKX confirmed it …
Apple’s App Store dominance is once again under fire, this time from Elon Musk, who says his AI startup xAI is being sidelined in favor of OpenAI’s ChatGPT. The billionaire claims Apple’s ranking practices unfairly block other AI apps from taking the top spot, a move he insists is a “clear antitrust…
A relatively new ransomware group known as Embargo has become a key player in the cybercrime underground, moving over $34 million in crypto-linked ransom payments since April 2024.Operating under a ransomware-as-a-service (RaaS) model, Embargo has hit critical infrastructure across the United States…
The price of Ethereum's native asset ether rose above the $4,000 level for the first time in eight months on Friday, reaching an intraday high of on crypto exchange Coinbase, before correcting slightly.The second-largest cryptocurrency by market cap is up 3.8% over the past 24 hours, 11.3% during t…