Crypto’s CLARITY Act faces partisan fight over ethics on Senate floor
The US Senate Banking Committee passed the crypto framework CLARITY Act yesterday. Now, the bill, for which the crypto industry has heavily lobbied since it...
Tag : faces
Tether faces court push to hand frozen Iran-linked USDT to victims
Victims holding unpaid U.S. terrorism judgments against Iran have asked a federal court in Manhattan to order Tether to turn over 344,149,759 USDT. Summary Victims...
Strategy’s Bitcoin engine faces $28B STRC ceiling: Delphi Digital
Strategy’s preferred stock funding engine could hit a key constraint within the next year, potentially slowing the company’s Bitcoin purchases unless it expands issuance capacity...
Reform UK's Nigel Farage Faces Standards Probe Over Tether Billionaire's $6.7 Million Gift
In brief U.K. MP Nigel Farage is facing a formal investigation by parliamentary standards authorities for allegedly failing to declare a £5 million personal gift....
OpenAI Faces Lawsuit Over Claims ChatGPT Encouraged Teen's Fatal Overdose
In brief A lawsuit filed in California state court claims ChatGPT advised a teenager on mixing drugs before his fatal overdose. The complaint accuses OpenAI...
OpenAI Faces Federal Lawsuit Over ChatGPT's Alleged Role in FSU Mass Shooting
In brief A federal lawsuit alleges that OpenAI’s ChatGPT provided firearms guidance and tactical advice to the gunman in the April 2025 Florida State University...
Bitcoin faces a miner reward problem, Avalanche founder warns
Avalanche founder Emin Gün Sirer has warned that Bitcoin may face a long-term security issue as miner rewards continue to fall after each halving. Summary...
Iggy Azalea faces class lawsuit over MOTHER memecoin
Rapper Iggy Azalea is facing a class-action lawsuit in the US, accusing her of misleading investors about the real-world utility and future development of her...
Iggy Azalea Faces Lawsuit Over Solana Meme Coin
In brief The lawsuit claims Iggy Azalea’s meme coin, MOTHER, was marketed with misleading promises. Investors point to failed integrations, including casino and telecom use....
Google’s AI bets pay off while Meta faces investor skepticism
Alphabet Inc., the parent company of Google, is starting to show measurable gains from its AI investments, while Meta Platforms Inc. is still working to...