Where Web 2.0 social media meets Web 3.0. On Lit.it watch viral videos & earn points for watching & sharing videos or inviting people.
Join the lit.it community and get current news and the official launch time.
Join Now
In the ever-evolving world of artificial intelligence (AI), Elon Musk’s latest creation has us scratching our heads. Grok, an AI chatbot designed to wade through the murky waters of the internet and identify fake news, well, made up some fake news itself. This isn’t your average “the sky is falling” type of fake news, either. […]
SafeMoon, a crypto company that has been accused of fraud and unregistered offering of crypto securities by the SEC and the DOJ. Authorities charged SafeMoon’s creator Kyle Nagy, CEO John Karony, and CTO Thomas Smith with conspiracy to commit securities fraud, wire fraud, and money laundering. The defendants allegedly promised investors that they had safely […]
Tedi Ticic is a well-known name in the world of cryptocurrency. He blazed a trail in the field and received recognition for his contributions to the industry. In one of his recent articles, he discusses the importance of crypto-coins and AI in the modern era. Tedi Ticic is a cryptocurrency trader, author, and mentor from Croatia, Europe. […]
XRPL’s Exciting Future Unveiled. Ripple CTO David Schwartz recently shared his timeline for tokenization on the XRP Ledger (XRPL). David Schwartz anticipates real-world asset tokenization on XRP Ledger within the next year or year and a half. This statement was made in a video shared by the Flip The Chain team on Oct. 13, 2023. […]
Ferrari, the luxury car manufacturer, that they now accept Bitcoin, Ethereum, XRP, and other cryptocurrencies as payment for their cars in the United States. This is a groundbreaking move that shows how crypto is going mainstream and attracting affluent customers who have made their fortunes on the blockchain. According to Reuters, Ferrari’s Chief Marketing and […]
Israel’s cyber division of Lahav 433, a unit of the Israel Police, has successfully blocked cryptocurrency accounts associated with Hamas. The organization allegedly utilized these accounts to solicit funds through various social media platforms. The operation was a collaborative effort involving Lahav 433, the National Bureau for Counter Terror Financing (NBCTF) under the Ministry of Defense, Shin […]
Arthur Hayes Path to Riches with AI Tokens. Arthur Hayes is a former CEO of BitMEX, a cryptocurrency exchange that was sued by the U.S. government for violating anti-money laundering laws. He is also a vocal advocate of Bitcoin and its potential to become the currency of artificial intelligence (AI). In his latest essay, titled “Massa”, […]
Several U.S. agencies are investigating allegations of fraud leveled by billionaire Cameron Winklevoss against Digital Currency Group (DCG) and its CEO Barry Silbert. Prosecutors in Brooklyn, FBI agents, and U.S. SEC staff sat in on an interview in recent months with Cameron, who co-founded crypto exchange Gemini with his twin Tyler. Since Genesis froze withdrawals last November, the […]
The possible ban of Facebook in Thailand due to its failure to control the ads containing investment scams, which include crypto. According to the article, Thailand’s Ministry of Digital Economy and Society (DES) has asked a court to order the closure of Facebook within seven days if it does not comply with the request to […]
Among First to Approve Stablecoin Crypto Regulations. Singapore pioneers stablecoin regulation, ensuring stability against fiat currencies like the US dollar or the Singapore dollar. Stablecoin are often used for trading other cryptocurrencies, remittances, and payments. However, they also pose risks such as money laundering, fraud, and market manipulation. Singapore’s financial regulator, the Monetary Authority of […]
