Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Ethereum gaming network Xai claims Elon Musk’s AI firm xAI has caused market confusion and reputational harm, rising social media attention on the Federal Reserve could signal a warning for the crypto market. Meanwhile, Aave token stumbles on rumors of different token allocation from World Liberty Financial.
Ethereum-based gaming network Xai has filed a lawsuit against Elon Musk’s artificial intelligence company xAI, accusing it of trademark infringement and unfair competition.
The complaint, lodged in the Northern District of California on Thursday, claims Musk’s xAI company has created widespread market confusion, damaging Xai’s brand.
