Author: Atis. Sh

League of Legends has consistently been a frontrunner, captivating millions with its engaging gameplay and vibrant champions. Now, with the integration of advanced AI technology, Riot Games is set to revolutionize this iconic game, offering smarter bots and more innovative champions. Traditionally, League of Legends has featured AI-controlled bots that lacked sophistication, following predictable patterns with limited interaction. Lexi Gao, the champions product lead at Riot Games, highlights the restrictions of the current AI tech. She shares her enthusiasm for expanding the game’s scope with improved AI, hinting at the potential for more intricate and engaging gameplay. Contrary to the…

Changpeng Zhao, the CEO of Binance Holdings Ltd., has resigned from his position. This move is part of a plea agreement with the U.S. Justice Department, marking a significant turn in the ongoing saga of regulatory scrutiny facing the world’s largest cryptocurrency exchange. The Settlement Between CZ Binance and Department of Justice Zhao’s resignation comes as part of a guilty plea to charges related to violating anti-money laundering regulations. This settlement, involving not just the Justice Department but also the Treasury Department and the Commodity Futures Trading Commission, represents a pivotal moment for Binance. According to reports from the Wall…

Twitter, now operating under the moniker ‘X Corp,’ owned by the billionaire Elon Musk, has launched a lawsuit against the liberal advocacy group Media Matters for America. This legal action, set against the backdrop of a controversy involving alleged neo-Nazi and white nationalist content, marks a significant escalation in the ongoing war of narratives between the social media giant and its detractors. https://twitter.com/elonmusk/status/1726677509713150152?s=20 At the heart of this lawsuit, filed in a federal court in Fort Worth, Texas, is Twitter’s allegation that Media Matters deliberately engineered a report. This report, Twitter claims, was crafted to falsely depict advertisers’ posts appearing…

The U.S. Securities and Exchange Commission (SEC) has filed a legal challenge against Kraken, a prominent name in the crypto exchange landscape. The SEC’s move marks a significant escalation in its quest to establish regulatory oversight over digital assets, a space that has been notoriously challenging to police. The lawsuit, filed in San Francisco’s federal court, accuses Kraken of operating as a securities exchange without the necessary registration with the SEC. This action is a part of SEC Chair Gary Gensler’s broader strategy to bring the burgeoning field of cryptocurrency within the ambit of federal securities laws. Kraken, however, remains…

Tether (USDT), the biggest stablecoin in crypto, alongside OKX, a top-tier global crypto exchange and Web3 technology firm, have made a striking announcement. Collaborating with the United States Department of Justice (DOJ), they have played a pivotal role in a critical investigation. This collaborative effort has led to Tether proactively freezing approximately $225 million in USDT tokens. These funds were held in external self-custody wallets linked to a Southeast Asian human trafficking syndicate, infamously involved in the global “pig butchering” romance scam. The joint operation, utilizing the advanced tools of blockchain analysis firm Chainalysis, marks this action by Tether as…

Argentina has embarked on a new political journey with the election of Javier Milei, a pro-Bitcoin and far-right populist, as its president. On November 19, Milei triumphed in the presidential run-off, securing 55% of the votes, which placed him nearly 3 million votes ahead of his nearest rival. This victory marks a substantial shift in Argentina’s political landscape, heavily influenced by Milei’s outspoken critique of central banks, which he labels as a “scam” and a tool for politicians to impose inflationary taxes on the public. https://twitter.com/saylor/status/1726407355103899977?s=20 In the throes of an alarming inflation crisis, where the Argentine peso has experienced…

Yearn.finance (YFI), a major player in the Decentralized Finance (DeFi) ecosystem, experienced a dramatic 45% plunge in its value. This sharp decline saw YFI’s price fall from a high of $14,500 to a low of $8,300 within just a few hours. The crypto community is now rife with speculation and concern, pondering the reasons behind this sudden and severe drop in one of the most prominent platforms in the DeFi space. Yearn.finance’s price plummet comes in the wake of a broader selloff in the crypto market. This dramatic fall has wiped out a significant portion of YFI’s recent gains, which…

Fidelity, a titan in asset management with $4.5 trillion in assets, has made a significant stride in the cryptocurrency space. The firm has filed for a spot Ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This move positions Fidelity at the forefront of traditional financial institutions embracing digital assets. https://twitter.com/Blockworks_/status/1725646742031372606?s=20 In its filing on November 17, Fidelity outlined plans to list the Fidelity Ethereum Fund on the Cboe BZX Exchange. The proposal underlines that each share will represent a fractional, undivided beneficial interest in the Trust’s net assets, primarily comprising ETH held by the Custodian. Addressing…

OpenAI, renowned for its revolutionary chatbot ChatGPT, has fired its CEO and founder, Sam Altman. At the same time, the board of OpenAI also fired the President of the company, Greg Brockman. This decision, announced on Friday, has sent ripples through the AI sector, marking a critical juncture in the company’s trajectory. According to an official statement, OpenAI’s board concluded its internal investigation, revealing inconsistencies in Altman’s communication. “The board’s decision comes after a comprehensive review process, finding that Mr. Altman’s interactions lacked consistent transparency, affecting the board’s governance capabilities,” the statement highlighted. Consequently, this led to a loss of…

German lawmaker Joana Cotar has embarked on a pioneering campaign to grant Bitcoin the status of legal tender within the country. Her advocacy marks a significant shift in the perception and potential integration of Bitcoin in the German economy. https://twitter.com/BitcoinMagazine/status/1725219897829883944?s=20 Cotar’s Vision for Bitcoin As a Legal Tender in Germany Cotar is not just advocating for Bitcoin’s legalization; she is actively leading a comprehensive legal evaluation to establish a framework that recognizes Bitcoin as legitimate currency. This initiative prioritizes legal security, addressing concerns such as tax evasion and money laundering. These two are are often associated with cryptocurrency transactions. Furthermore,…