Over the past decade, Ethereum has become the foundation of on-chain finance. It introduced programmable money, enabled the tokenization of real-world assets and launched the DeFi movement. But now, its success presents a new challenge: invisibility. As Ethereum powers more applications behind the scenes, it risks becoming something everyone uses but no one notices. The … Read more
The creator of the Bored Ape Yacht Club non-fungible tokens (NFTs) needs to better prove that a “satirical” version of these tokens was meant to mislead would-be buyers, a U.S. appeals court said Wednesday, overturning a lower court ruling and sending the case back to that lower court for a new trial. The U.S. Court … Read more
The US House of Representatives, this week, greenlit a new bill that aims to regulate the crypto sector. While the FIT21 (Financial Innovation and Technology for the 21st Century Act) bill still awaits approval from the US Senate, stakeholders of India’s crypto and Web3 space have lauded the decision taken collectively by both US’ opposing … Read more
Elon Musk and his electric vehicle company Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping the cryptocurrency Dogecoin and conducting insider trading, causing billions of dollars of losses. The decision was issued on Thursday night by US District Judge Alvin Hellerstein in Manhattan. Investors accused the world’s richest … Read more
HDFC Ergo has partnered with Zopper to introduce a new “India Gets Moving” programme through which customers can get their hands on an Apple Watch for free. This initiative is available via Apple Premium Resellers and select other offline stores in India and is applicable on the Apple Watch Series 10 and other models. It lets … Read more
In the race for AI supremacy, North America is now learning important lessons from the bitcoin mining industry about building large-scale infrastructure close to sustainable energy sources, according to serial entrepreneur Kevin O’Leary. “It all comes down to power,” said “Sharktank” star O’Leary in an interview. “Whether you’re talking about an AI data center or … Read more
Qualcomm’s central processors are properly licensed under an agreement with Arm Holdings, a jury found in a trial in U.S. federal court that removed some, but not all, uncertainty around the mobile chipmaker’s expansion into the laptop market. A week of courtroom arguments and deliberations ended in a mistrial after the jury failed to resolve … Read more