BUSINESS|REGULATION|TECHNOLOGY Updates
Tornado Cash Developer Roman Storm Faces Charges in the U.S.
The US Department of Justice intends to bring criminal charges against the developer and co-founder of the cryptocurrency mixer Tornado Cash, Roman Storm. Federal prosecutors confirm that Storm conspi...
Trump pushes coal-powered AI, putting pressure on tech giants
President Donald Trump plans to have Big Tech corporations use coal to power their data centres. In April, he issued an executive order asking his cabinet to identify coal-powered infrastructure that ...
The Economist Calls Crypto 'The Ultimate Swamp Asset'
The article was published under the headline ”Cryptocurrency has become the ultimate swamp asset.” The authors noted that over the past few years, the new financial trend has become tightly entrenched...
The Ultimate Swamp Asset: The Economist Journalists Lose Faith in Cryptocurrencies
The article was published under the headline ”Cryptocurrency has become the ultimate swamp asset.” The authors noted that over the past few years, the new financial trend has become tightly entrenched...
Musk’s Grok Chatbot Spreads Racist Theories
Elon Musk's artificial intelligence company xAI said that an ”unauthorized change” was made to the Grok chatbot prompt, which generated responses about political and racial tensions in South Africa. O...
Elon Musk’s AI Under Fire After Grok Chatbot Promotes Racist Conspiracies
Elon Musk's artificial intelligence company xAI said that an ”unauthorized change” was made to the Grok chatbot prompt, which generated responses about political and racial tensions in South Africa. O...
The Economist Magazine Criticized the Crypto Industry Harshly! Here's Why
The Economist has taken scathing criticism of the cryptocurrency sector, describing it as the “ultimate swamp asset” and accusing it of straying from the ideals of decentralization, particularly in th...
Vanar Chain’s Neutron Smashes Storage Limits, Ending Web3’s Ownership Illusion
DUBAI, UAE – May 16, 2025 – Vanar Chain announced the successful public debut of Neutron, an AI‑powered compression stack that stores complete files directly on‑chain. Unveiled at the oversubscribed V...
Méliuz Becomes Latin America’s First Bitcoin Treasury Powerhouse
Méliuz , a financial technology firm based in Brazil, has officially become the first publicly listed firm in the country to adopt Bitcoin BTC as a core part of its financial strategy.
DOJ narrows charges against Tornado Cash co-founder Roman Storm ahead of July 14 trial
The U.S. Department of Justice has dropped a portion of the criminal case against Roman Storm, co-founder of the crypto mixer Tornado Cash, weeks ahead of his trial set for July 14. In a letter dated ...
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