Judge dismisses most charges against FTX’s celebrity boosters
Judge dismisses most charges against FTX's celebrity boosters Judge dismisses most charges against FTX’s celebrity boosters A federal judge in Florida dismissed most claims against athletes, actors, YouTubers, and other celebrities who endorsed Sam Bankman-Fried’s crypto exchange, ruling that there isn’t sufficient proof that they knew about FTX or Bankman-Fried’s fraudulent acts. The high-profile defendants, […]
Senate Dems propose ban on presidents investing or endorsing crypto assets
Senate Dems propose ban on presidents investing or endorsing crypto assets After abruptly pulling their support from what would have been the Senate’s first stablecoin regulatory bill, Senate Democrats announced Tuesday that they would introduce a new bill that would prevent federal officials and their families from issuing digital assets – a bill directed at […]
Sam Altman and Elon Musk are racing to build an ‘everything app’
Sam Altman and Elon Musk are racing to build an 'everything app' Sam Altman and Elon Musk are racing to build an ‘everything app’ Sam Altman and Elon Musk aren’t just competing in the AI race; they both have ambitions to build Silicon Valley’s holy grail: an “everything” super app encompassing finance, social media, gaming, […]
Inside Sam Altman’s eye-scanning crypto party
Inside Sam Altman's eye-scanning crypto party Inside Sam Altman’s eye-scanning crypto party One of World’s orbs. | Image: Vjeran Pavic / The Verge On the evening of April 30th, the hottest ticket in San Francisco was a buzzy crypto startup’s coming-out party at a warehouse-like complex on the northern edge of the city. It had […]
MoviePass’ next big pivot is basically blockchain sports betting for film buffs
MoviePass' next big pivot is basically blockchain sports betting for film buffs MoviePass’ next big pivot is basically blockchain sports betting for film buffs For many self-proclaimed cinephiles, enjoying movies has become an odd game of logging titles into Letterboxd and shouting at each other online about box office totals. And now, MoviePass has a […]
Nike is facing a lawsuit from people who bought its NFTs
Nike is facing a lawsuit from people who bought its NFTs Nike’s Cryptokicks iRL, a physical sneaker released under the RTFKT brand. A group of people sued Nike this week over its decision to wind down its virtual show project RTFKT last year. The buyers of the digital assets accuse Nike of causing “the rug […]
Trump offers a private dinner to his biggest memecoin buyers
Trump offers a private dinner to his biggest memecoin buyers Donald Trump | Image: Laura Normand / The Verge President Donald Trump recently announced that he would host a private dinner for the top 220 biggest holders of $TRUMP, the meme coin he launched days prior to taking office – and several U.S. Senators would […]
This ICE-snitching app is actually promoting a meme coin
This ICE-snitching app is actually promoting a meme coin Right-wing influencers are shilling an app that purportedly lets people earn crypto for reporting sightings of undocumented immigrants. ICERAID, a âGovFi protocol that delegates intelligence gathering tasks to citizens,â has recently been promoted by the likes of conspiracy theorist and Trump confidante Laura Loomer, Proud Boy-turned-media […]
Are prediction markets gambling? Robinhood CEO Vlad Tenev is betting not
Are prediction markets gambling? Robinhood CEO Vlad Tenev is betting not Today, I’m talking with Vlad Tenev, the cofounder and CEO of Robinhood, which is one of the most well-known consumer finance apps in the world. It started as a way to open up stock trading, but the company’s ambitions have grown over time — […]
Trump’s DOJ will no longer prosecute cryptocurrency fraud
Trump's DOJ will no longer prosecute cryptocurrency fraud Trump’s DOJ will no longer prosecute cryptocurrency fraud The Trump administration is disbanding a Department of Justice unit dedicated to enforcing cryptocurrency fraud, ending what it calls âregulation by prosecution.â In a memo obtained by The Washington Post, deputy attorney general Todd Blanche directed federal prosecutors to […]