Tag: Issues

US court issues summons to Tron’s Justin Sun, threatens default judgment if no response

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A United States court has issued a summons to Tron founder Justin Sun’s Singapore address in connection to a Securities and Exchange Commission (SEC) civil case. In an April 12 filing, the U.S. District Court for the Southern District of New York ordered Sun to respond to the summons within 21 days by contacting attorney for the SEC Adam Gottlieb. According to the court, “judgment by default will be entered” should the Tron founder fail to respond — suggesting penalties related to alleged securities law violations. Sun’s Twitter bio showed…

Razer gaming incubator zVentures issues call for Web3 submissions

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Razer, a U.S.-Singaporean consumer electronics company best known for its gaming hardware and peripherals, has sent out a call for new Web3 partners and game submissions.  Citing the market need for quality games built on blockchain technology, a zVentures blog post details Razer’s push for increased developer involvement. “We believe that the foundation of any successful game (be it Web 2.0 or Web 3.0) is immersive and engaging gameplay,” reads the blog post, which goes on to state that “many blockchain games on the market today focus primarily on utilizing…

Top Philippine Exchange Coins.ph Suspends XRP Withdrawals Due to Technical Issues

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Leading Philippines based crypto exchange company Coins.ph has announced that it is temporarily halting XRP withdrawals due to technical issues.  “Hi Coinmunity! Please be informed that XRP withdrawal services are currently disabled. We are already working closely with our technical team to resolve the issue as soon as possible…” the company stated through a Twitter post.  Users appear to be concerned, as some are inquiring about their unreceived deposits and inability to work on platforms like Binance. One user warned that there’s no update on the app and it should…

Former Treasury Official Issues Dire Warning, Bill Ackman Fears Economic ‘Train Wreck,’ US Gov. Remains Top BTC Holder, and More — Week in Review – The Weekly Bitcoin News

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Warnings continue to pervade market and financial news this week, with Monica Crowley, former assistant secretary for public affairs for the U.S. Department of the Treasury, indicating “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. In related news, billionaire Bill Ackman warned that the U.S. economy is “heading for a train wreck.” Meanwhile, First Citizens Bank has acquired SVB, and the U.S. government remains a top bitcoin holder with its seized stash. All this and more, just below. Former Treasury Official Warns of Complete…

Argentinian Airline Flybondi Issues Every Ticket as an NFT

“With this launch, we seek to generate a positive impact in the aviation industry through innovation and an application of blockchain technology,” said Flybondi CEO Mauricio Sana in a press release. “Changing the rules of the game is never easy, but we know that it is our objective to evolve and offer our passengers a new stage of the freedom to fly.” Source

Microsoft Introduces Cybersecurity AI Chatbot to Solve Critical Issues

Tech giant Microsoft says its Security Copilot AI initiative will be of immense value to cybersecurity experts.  Microsoft Corporation (NASDAQ: MSFT) has announced an artificial intelligence (AI) chatbot geared toward cybersecurity professionals. According to the computer software giant, the chatbot will help cybersecurity personnel understand critical issues and proffer ways to fix them. The Microsoft Security Copilot uses OpenAI’s GPT-4 and a security-conscious model developed by the tech company. The security model, built using Microsoft-gathered daily activity data, also has information about a given customer’s security environment. However, Microsoft said the data would…

Binance CEO CZ Issues Response to CFTC Complaint, Disagrees with Several Issues Alleged

CZ recently rebuffed the CFTC complaint calling for a permanent US injunction against Binance and its executives. Binance CEO Changpeng ‘CZ’ Zhao has responded to the Commodity Futures Trading Commission (CFTC) complaint against the exchange. Responding to the federal agency’s call for a US injunction against Binance, CZ raised several issues alleged in the complaint. CZ also said that the CFTC filed the “unexpected and disappointing civil” complaint despite Binance’s prior cooperation with the agency. Pointing out the exchange’s two-year cooperation with the CFTC, Zhao addressed a few key points raised by the government agency. The CFTC’s…

Decentralized Media Via Web3: A Solution to Bias and Trust Issues in News?

On a more mechanical level, that means using bad tactics like bad sourcing or selective sourcing or the bias of omission or the bias of commission. They’re increasingly doing this to advance an agenda – and that could be financial, it could be political or they are doing it to advance a thesis. With journalists, the temptation is always there, right? You come in with a hunch, you come in with a great idea. But as the standard of objectivity is loosened in the news media, these types of practices…