California

usc-professor’s-crypto-startup-‘sahara’-raises-$6m-to-reward-ai-trainers
Posted by | March 5, 2024
USC Professor’s Crypto Startup ‘Sahara’ Raises $6M to Reward AI Trainers

Sahara, describing itself as a "decentralized AI network," has raised $6 million in a seed funding round led by Polygon Capital. The Los Angeles-based startup was co-founded by Sean Ren,...

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8,200,000-residents-in-california-will-play-a-major-role-in-determining-future-of-crypto,-says-coinbase
Posted by | February 13, 2024
8,200,000 Residents in California Will Play a Major Role in Determining Future of Crypto, Says Coinbase

California’s digital asset holders will play a big role in the future of the industry, according to top US crypto exchange Coinbase. In a new company blog post, Coinbase notes...

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Posted by | December 15, 2023
US Government Slaps $1,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions

A San Francisco-based crypto exchange has reached an agreement with the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) to settle its potential civil liability for violating US sanctions...

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california-bill-aims-to-cap-crypto-atm-withdrawals-at-$1k-per-day-to-combat-scams
Posted by | October 23, 2023
California bill aims to cap crypto ATM withdrawals at $1K per day to combat scams

A new legislative investigation found some crypto ATMs charging a premium as high as 33%, while a few ATMs had limits of up to $50,000. 2169 Total views 50 Total...

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coinbase-faces-suit-over-alleged-privacy-violations-in-biometrics-collection
Posted by | May 2, 2023
Coinbase faces suit over alleged privacy violations in biometrics collection

The proposed class action lawsuit alleges the exchange violated privacy laws in Illinois when it collected and stored users' fingerprints and facial scans. 1221 Total views 28 Total shares Own...

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jpmorgan-to-acquire-troubled-first-republic-bank
Posted by | May 1, 2023
JPMorgan to acquire troubled First Republic Bank

Banking giant JPMorgan will take over the assets of the troubled First Republic Bank after its seizure by the California Department of Financial Protection and Innovation. 444 Total views 9...

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california-county-approves-blockchain-based-digital-wallet-for-gov’t-services
Posted by | April 27, 2023
California county approves blockchain-based digital wallet for gov’t services

Santa Cruz voted to approve the use of a blockchain-based digital wallet for government services and official documentation and is set to begin a pilot program in July 2023. 4799...

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us-state-regulators-announce-$10m-settlement-with-robinhood-‘for-failing-investors’
Posted by | April 6, 2023
US state regulators announce $10M settlement with Robinhood ‘for failing investors’

The investigation looked into complaints of Robinhood’s system outages that caused users to miss out on trades while many of its services were unavailable. 2702 Total views 10 Total shares...

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california-governor-issues-blockchain-executive-order-building-on-us-president’s-regulatory-efforts
Posted by | May 4, 2022
California governor issues blockchain executive order building on US President’s regulatory efforts

"We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive," said California Governor Gavin Newsom. 1242 Total views 53 Total shares...

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kraken-shuts-down-global-headquarters-because-‘san-francisco-is-not-safe’
Posted by | April 8, 2022
Kraken shuts down global headquarters because ‘San Francisco is not safe’

Kraken CEO Jesse Powell announced that he has made the decision to close Kraken’s global headquarters in San Francisco. 28286 Total views 177 Total shares The Golden City is losing...

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