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Binance is once again fighting off regulators, claiming the Commodity Futures Trading Commission’s (CFTC) lawsuit is an overreach of U.S. law. The largest cryptocurrency exchange in the world says the agency is trying to regulate foreign individuals and corporations operating outside the US.
Where do we start with Sam Altman’s Worldcoin? The OpenAI CEO’s startup is building a new cryptocurrency. Worldcoin is also part of Altman’s disquieting plan to capture all of the world’s money with AI and then “redistribute this wealth to the people.” (Literally).
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Nothing says luxury like tapping into a digital trend that is past its best days. Italian car manufacturer Ferrari announced its intention to let the bourgeoisie purchase its luxury vehicles using cryptocurrency.