Elon Musk’s Lawyers Request $6 Billion in Tesla Shares as Legal Fees - African News - News

Elon Musk’s Lawyers Request $6 Billion in Tesla Shares as Legal Fees

Background: Elon Musk, the trailblazing entrepreneur and CEO of Tesla Inc. and SpaceX, is currently involved in multiple legal disputes that go beyond the highly publicized lawsuit over his extravagant $55.8 billion compensation package. One significant case relates to OpenAI, a company Musk co-founded, and its perceived shift from its altruistic mission towards profit-oriented objectives….

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Texas Blockchain Council defeats Biden administration in fight for Bitcoin miners - Bitcoin News - News

Texas Blockchain Council defeats Biden administration in fight for Bitcoin miners

The Texas Blockchain Council’s Triumphant Victory Against the Biden Administration: A Significant Win for bitcoin Miners In a recent development, the Texas Blockchain Council’s legal challenge against the Biden administration has yielded a substantial victory for bitcoin miners across the nation. This high-profile confrontation culminated in the administration being compelled to eliminate all data it…

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Grayscale warns of macroeconomic barriers despite Bitcoin’s 45% Feb surge - Industry News - News

Grayscale warns of macroeconomic barriers despite Bitcoin’s 45% Feb surge

bitcoin’s Surge and Potential Obstacles: An In-depth Analysis from Grayscale The value of bitcoin experienced a remarkable rise in February, marking a 45% increase that propelled it above the $60,000 threshold for the first time since November 2021. This significant jump placed bitcoin within a 9% distance from its all-time high value. Grayscale, a prominent…

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Uniswap L2 Transaction Volume Surpasses $200 Billion Milestone - African News - News

Uniswap L2 Transaction Volume Surpasses $200 Billion Milestone

Title: uniswap’s Layer-2 Ecosystem Surpasses $200 Billion in Transaction Volume: A Game Changer in Decentralized Finance The decentralized finance (DeFi) sector has witnessed a significant milestone with uniswap’s Layer-2 (L2) protocol reaching an all-time high (ATH) of $208.11 billion in transaction volume during February 2024. This achievement, revealed by leading crypto analytics platform Dune, underscores…

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AI Chatbots Spread Election Misinformation, Study Finds - AI - News

AI Chatbots Spread Election Misinformation, Study Finds

A Disturbing Discovery: ai Chatbots Spreading Misinformation Regarding the 2024 Election A collaborative investigation conducted by the ai Democracy Projects and Proof News, a renowned nonprofit media organization, has brought to light a concerning trend. The study revealed that various ai chatbots are disseminating false and misleading information related to the 2024 election. This alarming…

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Indonesia set to review its cryptocurrency taxation policies - African News - News

Indonesia set to review its cryptocurrency taxation policies

Indonesia’s Cryptocurrency Taxation Policies Undergo Comprehensive Evaluation The Indonesian government is currently undergoing an in-depth assessment of its cryptocurrency taxation policies following a request from the Commodity Futures Trading Regulatory Agency (Bappebti) for the Ministry of Finance to reconsider the existing tax structures applied to crypto transactions. This call for reassessment highlights the growing recognition…

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Cardano (ADA) Alternative That Recently Raised $32,050,000 In Presale Will ‘shake The Ground’ At Exchange Listing, Says Top Analyst - Press Release - News

Cardano (ADA) Alternative That Recently Raised $32,050,000 In Presale Will ‘shake The Ground’ At Exchange Listing, Says Top Analyst

In the Dynamic Landscape of Cryptocurrency: The Emergence of Retik Finance (RETIK) An Exciting Newcomer Challenging Established Players in the Crypto World Retik Finance (RETIK), a decentralized finance (DeFi) platform, has recently made headlines in the crypto community with its successful presale, raising an impressive $32,050,000. This achievement positions Retik Finance as a formidable alternative…

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Crypto Council comments on Hong Kong’s stablecoin regulation - African News - News

Crypto Council comments on Hong Kong’s stablecoin regulation

The Crypto Council for Innovation’s Detailed Response to Hong Kong’s Stablecoin Proposal The Crypto Council for Innovation (CCI), a leading cryptocurrency industry group, recently submitted an extensive commentary in response to the proposed regulatory framework for stablecoins put forth by the Hong Kong Monetary Authority (HKMA) and Financial Services and the Treasury Bureau (FSTB). The…

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SEC’s Hester Peirce criticizes ‘strange’ crypto regulatory approach - African News - News

SEC’s Hester Peirce criticizes ‘strange’ crypto regulatory approach

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has been a vocal critic of her agency’s regulatory practices, expressing concerns particularly about the SEC’s preference for enforcement actions over establishing clear regulatory frameworks. Peirce’s grievances have intensified around the subject of bitcoin Exchange-Traded Products (ETFs), with her recent comments at eth Denver reiterating her…

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Bitcoin mining firms struggles continue after Bitcoin ETF approval - African News - News

Bitcoin mining firms struggles continue after Bitcoin ETF approval

Over the past few months, the launch of the highly anticipated bitcoin Exchange-Traded Fund (ETF) in January has set ablaze a renewed fervor within the cryptocurrency community, with the price of bitcoin (btc) experiencing a significant surge that has left investors worldwide elated. However, despite this impressive uptick in value for bitcoin, not all sectors…

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Tokenized Real Estate Platform Blocksquare Lists BST Token on Gate.io Exchange - Press Release - News

Tokenized Real Estate Platform Blocksquare Lists BST Token on Gate.io Exchange

Ljubljana, Slovenia – March 2nd, 2024 Blocksquare, the innovative real estate tokenization platform based in Ljubljana, Slovenia, has announced that its native Blocksquare token (BST) will be available for trading on the leading cryptocurrency exchange, Gate.io, beginning March 4th. This groundbreaking development signifies a significant leap forward in Blocksquare’s mission to revolutionize the real estate…

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Microsoft’s AI Chatbot Copilot Under Scrutiny for Troubling Interactions - Explained - News

Microsoft’s AI Chatbot Copilot Under Scrutiny for Troubling Interactions

Recent Controversies Surrounding Microsoft’s Copilot ai Chatbot: Safety Concerns and Unforeseen Glitches artificial intelligence (ai) chatbots are increasingly becoming integrated into various applications and services, offering convenience and efficiency to users. However, recent incidents involving Microsoft’s Copilot chatbot have raised concerns about the safety and reliability of ai technology. In this article, we will discuss…

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Scientists use AI to identify new aggressive prostate cancer type - AI in Daily Life - News

Scientists use AI to identify new aggressive prostate cancer type

Revolutionizing Prostate Cancer Diagnosis and Treatment with artificial intelligence Identifying Two Previously Unknown Subtypes of Prostate Cancer through ai In an unprecedented study published in the renowned journal Cell Genomics, a team of scientists from the University of Oxford and the University of Manchester, UK, have utilized advanced artificial intelligence (ai) techniques to identify two…

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An Art Contest Stirs Debate Over AI Use and Fairness - AI - News

An Art Contest Stirs Debate Over AI Use and Fairness

The Pendleton Center for the Arts recently encountered an unprecedented situation in its annual poster contest. For the first time, entries created using artificial intelligence (ai) were submitted, causing quite a stir within the local arts community. The contest, which has long been renowned for celebrating local talent and creativity, hadn’t established any rules regarding…

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Following a blistering debut in Vietnam, WFIS now pacing towards bigger disruptions in 2024 - Press Release - News

Following a blistering debut in Vietnam, WFIS now pacing towards bigger disruptions in 2024

Hanoi, 26th February 2024: The Highly Anticipated Return of World Financial Innovation Series (WFIS) to Vietnam Southeast Asia’s most esteemed Financial Services Industry (FSI) platform, World Financial Innovation Series (WFIS), is set to make a grand comeback in Vietnam in 2024. Following the successful inaugural event, which gained widespread recognition as the most impactful in…

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Peter Schiff calls for balanced coverage between Gold and Bitcoin - African News - News

Peter Schiff calls for balanced coverage between Gold and Bitcoin

Peter Schiff’s Critique of CNBC: Overlooking Gold Market Developments In a recent comment, Peter Schiff, a well-known critic of cryptocurrencies, accused CNBC of focusing disproportionately on bitcoin and its newly introduced exchange-traded funds (ETFs) while neglecting significant developments in the gold market. Schiff’s remarks came after CNBC failed to adequately cover a substantial $43 increase…

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Bitcoin ETF market booms BlackRock leads with $10B AUM - Bitcoin News - News

Bitcoin ETF market booms BlackRock leads with $10B AUM

BlackRock’s bitcoin ETF Reaches Milestone of $10 Billion in Assets Under Management The financial world has witnessed a remarkable milestone in the realm of cryptocurrency investment with BlackRock’s recently launched spot bitcoin exchange-traded fund (ETF), iShares bitcoin Trust (IBIT), surpassing an impressive $10 billion in assets under management (AUM). This achievement, as confirmed by Eric…

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