Judge Rules Against SEC, Citing ‘Gross Abuse of Power’ in Digital Licensing Lawsuit The Securities and Exchange Commission has again secured a loss in one of its many lawsuits. Bringing a dramatic end to the lawsuit involving Digital Licensing Inc. and other defendants, the U.S. District Court for the District of Utah has passed sanctions…
SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies The dangers of ‘AI washing’ In a recent development, US SEC chair Gary Gensler has taken a firm stance against the abuse of artificial intelligence (AI) in the financial sector. Gensler condemned what he referred to as ‘AI washing’, where companies make false…
Market Outlook for 2024 Bullish on Quality Stocks According to CNBC, UBS strategist Vincent Heaney expects the S&P 500 to end the year modestly higher. He is most bullish on quality stocks, with the broader market index led higher by AI tailwinds and a tech-induced rally. Heaney stated, “Markets are likely to be choppy amid…
Welcome to the Bonanza at Attestor Ltd. The Rise and Rise of Crypto Assets London-based boutique distressed asset trading firm Attestor Ltd. is currently riding high on a wave of success, thanks to a fortunate investment in crypto assets purchased from Sam Bankman-Fried’s FTX crypto exchange. According to a recent Bloomberg report, Attestor’s trade has…
Fifty-five percent of workers say their organisation’s leaders don’t do enough to help employees reduce digital exhaustion Leading to poor collaboration One of the top challenges facing workers today is the lack of clarity in roles, responsibilities, and task ownership. This lack of clarity often leads to poor collaboration among team members, resulting in inefficiencies…
The post 2024 Meme Coin Challenge: Dogecoin (DOGE), Shiba Inu (SHIB), and Furrever Token (FURR) Compete for Control Meme Cryptocurrencies Taking Over Meme cryptocurrencies have opened the doors of cryptocurrency trading to younger retail investors, thanks to their affordable prices. With just a small investment of a few dollars, investors can purchase hundreds of thousands,…
The Future of IOTA: A Game-Changer in the Cryptocurrency World The Next Evolution in Blockchain Technology Witty, conversational, and delightfully offbeat, the imminent release of the IOTA EVM and the forthcoming IOTA 2.0 upgrade are causing a buzz in the tech world. These key technological advancements signify significant progress in the IOTA ecosystem, setting the…
A Federal High Court in Nigeria orders Binance to disclose user information A Federal High Court in Nigeria has issued a ruling requiring Binance, a popular cryptocurrency exchange platform, to provide detailed information on all its Nigerian users to the Economic and Financial Crimes Commission (EFCC). This directive is part of an intensified probe by…
