New EU Sanctions Prohibit Russians from Owning Crypto Companies

by Александр Пирогов | Dec 21, 2023 | Blog News

The European Union has introduced its twelfth package of restrictive measures against Russia, barring Russian nationals from owning or controlling cryptocurrency service providers. The move is part of the EU’s efforts to combat the circumvention of existing...

UK Supreme Court Rules AI Cannot Be Recognized as Inventors in Patent Applications

by Александр Пирогов | Dec 21, 2023 | Blog News

In a landmark decision, the UK Supreme Court has upheld lower court rulings that artificial intelligence (AI) entities cannot be recognized as inventors in patent applications. The case involved Dr. Stephen Thaler’s AI, Dabus, which was denied inventor status by...

Judge Rejects SBF’s Bid for Sentencing Delay, Interview to Proceed as Scheduled

by Александр Пирогов | Dec 21, 2023 | Blog News

Former FTX CEO Sam Bankman-Fried’s request for a four to six-week postponement of his sentencing hearing has been denied by Judge Lewis Kaplan. Bankman-Fried’s defense argued that more time is needed to gather evidence for the sentencing submission and...

SEC Faces Further Setbacks in Court, Grayscale Wins Spot Bitcoin ETF Approval Review

by Александр Пирогов | Dec 21, 2023 | Blog News

The U.S. Securities and Exchange Commission (SEC) encountered another legal setback, this time in a petition for the review of its rule on share repurchase data. This follows recent defeats in lawsuits involving XRP and Grayscale. In the Grayscale case, the US Court...

Elon Musk’s New X Upgrade Praised by Crypto Community

by Александр Пирогов | Dec 20, 2023 | Blog News

Elon Musk has unveiled a significant upgrade to the X social media platform, particularly focused on improving the Community Notes feature. Musk’s announcement on Twitter generated excitement within the crypto community, with several influential figures...

Bitcoin bounces back to 43K USD

by Александр Пирогов | Dec 20, 2023 | Blog News

Bitcoin (BTC) faced substantial selling pressure, plunging to a low of $40,500 recently. Despite the market’s initial downturn, BTC swiftly turned around within the past day, reclaiming a position above the $43,000 level. The cryptocurrency’s resilience in...