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'AI Art' Companies & DeviantArt Are Being Sued By Artists


Stability AI and Midjourney—two of the biggest names in the exploding field of AI-generated imagery—and portfolio site DeviantArt have become the target of a class action lawsuit, filed in California on behalf of artists.Read more

Belarusian Fined $1 Million for Illegal Crypto Trading


A Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement authorities in the country, where certain crypto activities are legal, do not plan to impose other penalties besides the administrative measure. Cryptocurrency Trader...

Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena


A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million dollar sponsorship deal between the now-bankrupt crypto exchange and Miami-Dade County in 2021....

Hacker Sent to Prison for Robbing Vietnamese Crypto Exchange


Authorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was arrested and charged for extorting the trading platform’s owner, has been ordered to return the money he misappropriated. Vietnamese Court Jails Hacker...

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