The SEC has started clamping down on crypto influencers, issuing several fines and cease and desist orders in the past few years. Source: https://cointelegraph.com/app/public/index.php/news/sec-former-chief-warns-influencers-about-persecution-for-crypto-price-manipulation
The licensed financial institutions would be required to verify the identities of all customers. Source: https://cointelegraph.com/app/public/index.php/news/aml-rules-for-digital-assets-to-come-into-effect-in-uae
On May 31, San Francisco-based wallet-as-a-service (WaaS) provider Magic announced that it had successfully raised $52 million in a strategic funding round led by PayPal Ventures. The funding round also saw participation from venture firms Cherubic, Synchrony, KX, Northzone, and Volt Capital, bringing Magic’s total funds raised to over $80 million. Magic’s software is currently used by brands in retail,…
Computer tech firm NVIDIA profited off the crypto mining industry. Now, it’s looking to artificial intelligence—and its stock price is soaring. Source: https://decrypt.co/videos/interviews/79ArMuzj/nvidias-ai-push-could-change-gaming-forever
Bitcoin (BTC) is in a “transition,” which should pave the way to the next bull market top, new research has concluded. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode unveiled its latest tool for tracking Bitcoin’s resurgence. Bitcoin hodlers in “transition” After the 2022 bear market and signs of recovery in Q1 this year,…
Lawmakers in the European Union are seeking to implement a code of conduct for the development and implementation of artificial intelligence (AI) prior to their forthcoming EU AI Act. In a joint meeting of the EU-U.S Trade and Technology Council in Sweden on May 31, the EU tech chief Margrethe Vestager said officials in the United States and EU should…
When NFTs first took off, it was Beeple’s digital art, CryptoPunks and Bored Ape Yacht Club PFPs that dominated the headlines and top sales — but one individual bucked the trend in a unique way, garnering attention with generative audiovisual art using just a C compiler. That individual was 0xDEAFBEEF, an artist and engineer based in Toronto, Canada who’s spent…
Cuba Bitcoin hosted the meetup at the Bitcoin-friendly bar and restaurant Pazillo. Cuba Bitcoin is a lively group of Bitcoin advocates and activists whose discussions on Telegram between anonymous social media accounts that hide people’s identities, had yet to make it into the real world. The Cuba Bitcoin community complete with emojis to hide faces. Cuba’s foray into Bitcoin signifies…
Cryptocurrency is going to become less private in Europe as the major exchange Binance is preparing to delist all privacy tokens in countries like France and Italy. Starting from June 26, privacy tokens like Monero (XMR) or Zcash (ZEC) will no longer be available for trading for Binance customers in France, Italy, Poland and Spain. A spokesperson for Binance told…
A new trend where social media influencers ask for Ether (ETH) in exchange for nothing has taken over Twitter, grabbing the attention of many onlookers. The trend sparked various theories from being a publicity play to money laundering. Attempting to get a slice of some of the recent “memecoin magic,” an influencer tried to promote their wallet address and promised…
