US Compels Saudi Fund Exit from Altman’s AI Chip Startup
The Biden administration has compelled a Saudi Aramco-backed venture capital firm to divest its shares in a Silicon Valley AI chip startup supported by OpenAI...
Tag : United Staes
US Government Among Top Bitcoin Holders, Owning Over $5 Billion in BTC: Report
by Harper Hall
The United States government has emerged as one of the largest Bitcoin holders, currently owning over 200,000 BTC valued at more than $5 billion, despite...
SEC’s Binance.US Software Access Bid Hits Temporary Setback
by Chloe Taylor
In a hearing on September 18, the United States Securities and Exchange Commission (SEC) faced a setback as Judge Faruqui declined to grant immediate access...
Nine U.S. Senators Publicly Support Elizabeth Warren’s Crypto Bill
by Eva Moore
Nine United States Senators have expressed their support for Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act, as confirmed by an official statement from Senator...
Judge Glenn Rejects Special Shareholders Class in Celsius Network Bankruptcy Case
by Robert Paul
Judge Martin Glenn has rejected attempts to establish a special class of shareholders in the Celsius Network bankruptcy case, according to a court document filed...
IRS Unveils Proposed Rules to Curb Tax Evasion in Digital Asset Trading
by Kevin Wilson
The United States Internal Revenue Service (IRS), the body responsible for collecting taxes, has introduced suggested regulations concerning the trading and swapping of digital assets...
Governance and Revenue Partnership: Base and Optimism Networks Team Up, Backed by Coinbase’s Neutrality
by Harper Hall
The developers responsible for the Base and Optimism networks have jointly declared an agreement to share revenue and governance. Additionally, Coinbase, which is the parent...