Author: Mike Dalton

The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the jurisdiction required to pursue legal action. The regulator alleged that Sun “traveled extensively” to the US while he and several companies carried out

The Reserve Bank of New Zealand opened a new consultation period on a central bank digital currency (CBDC) on April 17. The current stage of development seeks input on “high-level design options for digital cash.” Digital New Zealand dollar Current plans describe digital cash denominated in New Zealand dollars (NZD) that retail users can swap

Bitcoin and crypto are no longer seen as a fleeting “fad” among consumers — the majority now consider them an integral part of the financial system, Reuters reported on April 8, citing a Deutsche Bank survey. The survey gathered responses from 3,600 individuals and revealed a slow yet noticeable shift in consumer attitudes towards bitcoin

Following a nine-day trial, a jury found Terraform Labs and its co-founder Do Kwon liable for defrauding investors who lost billions when TerraLUNA collapsed in 2022. The SEC announced the verdict on April 5 in a press release. The regulator emphasized that the verdict holds both parties accountable for a “massive crypto fraud” that caused

OpenAI is experiencing higher-than-ever demand for its ChatGPT product among enterprise users. OpenAI Chief Operating Officer Brad Lightcap told Bloomberg on April 4 that the company has registered 600,000 individuals for ChatGPT Enterprise. Lightcap described the growth as “tremendous momentum” and called 2024 “the year of adoption for AI in the enterprise.” OpenAI has seen