Georgia, a major cryptocurrency-friendly country among Post-Soviet states, is preparing to start monitoring crypto firms to prevent money laundering and comply with sanctions. The National Bank of Georgia plans to launch mandatory supervision of virtual asset service providers (VASP) starting Sept. 1, 2023. NBG’s acting governor Archil Mestvirishvili said that the new regulatory measures will help the country combat money…
Month: June 2023
Crypto Chaos of 2022 ‘Didn’t Damage Technology Underlying the Industry’: X Ventures Co-Founder Matthias Reiser
Crypto Chaos of 2022 ‘Didn’t Damage Technology Underlying the Industry’: X Ventures Co-Founder Matthias Reiser Ahead of this month’s Proof of Talk event in Paris on June 14 and June 15, X Ventures co-founder and the event’s co-organizer Dr. Matthias Reiser said nothing’s changed for those with a “long-term view” of the industry. Still, events like the collapse of Terra…
Fine art on Solana, AI music, podcast + book reviews – Cointelegraph Magazine
BitCulture explores arts, culture, music and media in blockchain and Web3. Fine art on the blockchain Exchange.art head curator Haley Karren came to Web3 from some of the world’s leading art institutions and says that working with 14,000 artists on Solana’s fine art marketplace has broadened her tastes. Exchange.art head curator Haley Karren (Supplied) “I have a new appreciation for pixel…
5 ChatGPT chrome extensions to enhance productivity
ChatGPT browser extensions offer features such as text generation, writing assistance and research support, enabling users to boost their productivity and strea… Source: https://cointelegraph.com/app/public/index.php/news/5-chatgpt-chrome-extensions
‘Not just Bitcoin price’ — Dan Tapiero shares tips on navigating the bear market
Veteran trader Dan Tapiero said the most important thing for traders is to make rational judgments that aren’t impacted by people’s fears. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-price-dan-tapiero-shares-tips-on-how-to-navigate-bear-market
Italian senator provokes parliament with AI-generated speech
A senator in Italy spoke before members of the Italian parliament with, unbeknownst to parliament members, a speech entirely composed by artificial intelligence (AI). In the parliamentary meeting on May 31, Italian senator Marco Lombardo pulled the stunt with the intention of sparking a “serious debate” among his colleagues on what’s at stake and in-store from AI usage, according to…
Jimbos Protocol offers $800K bounty to the public after hacker ignores deal
Decentralized finance (DeFi) platform Jimbos Protocol has offered 10% of the exploited funds to the general public after giving the hacker some days to respond to the deal. On May 28, the Arbitrum-based DeFi app was exploited, resulting in 4,000 Ether (ETH) being lost. After taking advantage of the lack of slippage control on liquidity conversions, the exploiter was able…
Does the US have a crypto ‘tax loophole’ problem?
The crypto sector appears to have dodged another bullet. At the time of publication, the United States has reached a political agreement to raise its debt ceiling, avoiding a calamitous default on its obligations, and this resolution probably won’t include any new taxes on cryptocurrencies. But that doesn’t mean the question of U.S. crypto taxation is settled. The debate is…
Tron’s Justin Sun Thinks Hong Kong Will Be a Big Fiat Onramp for Crypto
Tron’s Justin Sun Thinks Hong Kong Will Be a Big Fiat Onramp for Crypto Justin Sun, Tron founder and advisor to crypto exchange Huobi, talks to Decrypt’s Liam Kelly and Stacy Elliott about the impact of Hong Kong allowing residents to trade crypto, complications of restricting access based on location, and how AI will change the industry. Source: https://decrypt.co/videos/interviews/agBnfg7Z/trons-justin-sun-thinks-hong-kong-will-be-a-big-fiat-onramp-for-crypto
Memecoins the next catalyst for crypto adoption — DappRadar analyst
In episode 22 of Hashing It Out with Cointelegraph’s Elisha Owusu Akyaw, Sara Gherghelas, blockchain research analyst at DappRadar — a cryptocurrency data tracking platform — discusses the recent hype around memecoins, while looking at on-chain data. Gherghelas also provides insights on how other sectors, such as nonfungible tokens (NFTs), are faring as memecoins take off. Gherghelas believes we are…