After an order from the Belgian Financial Services and Markets Authority (FSMA), crypto exchange Binance announced its Poland entity would be providing services to residents of Belgium. In an Aug. 28 announcement, Binance said Binance Poland sp. z o.o. — an entity the exchange registered with Polish regulatory authorities in January — would comply with “regulatory obligations” for residents of Belgium…
Los Angeles-based media company Impact Theory has paid a $6 million settlement after the Securities and Exchange Commission (SEC) alleged its NFTs were unregistered securities, according to a press release. The company has also been ordered to destroy all the Founder’s Key NFTs as a result of the settlement. As of midday on Monday, Founder’s Key collection was still live…
Popular decentralized exchange Balancer suffered a hack on August 27, losing close to $1 million. The exploit came less than a week after the team disclosed a “critical vulnerability.” On August 22, the Balancer team asked the liquidity providers (LPs) on the exchange to withdraw funds from certain pools that were exposed to the vulnerability. The Balancer team acknowledged the…
In a move aimed at improving consumer protections, South Korean crypto exchanges will be required to set aside a minimum of 3 billion won (approximately $2.3 million) in bank accounts as a safeguard. The new requirements apply to exchanges that have been issued accounts from real-name local banks and come into force starting from September, as per the “Virtual Asset…
In the wake of the devastating wildfires that tore through the historic Hawaii town of Lahaina last month, killing over 100 people, the crypto community is being called to rally around a new NFT fundraiser aimed at providing relief to victims. Donate to #MauiStrong with crypto or USDMint for 0.01 ETH The fundraiser and NFT, “Maui Strong,” is a collaboration…
The BTC price looks frail as August comes to an end, and with Bitcoin bulls out of ammo, traders are preparing for more pain. Source: https://cointelegraph.com/app/public/index.php/news/september-crash-5-things-bitcoin-btc-price-this-week
Bitcoin (BTC) recovered its weekly close losses on Aug. 28 as risk assets rose on China tax cuts. BTC/USD 1-hour chart. Source: TradingView BTC price 200-week EMA stands out as support Data from Cointelegraph Markets Pro and TradingView followed a BTC price uptick into the day’s Wall Street open. BTC/USD managed $26,226, marking its highest levels since Aug. 25 and…
The drought that the country experienced in the first half of 2023 resulted in higher electricity demand and lower power generation capabilities from hydropower… Source: https://cointelegraph.com/public/index.php/news/laos-halts-crypto-mining-electricity-amid-drought
Google plans to update some of its service policies in order to comply with the European Digital Services Act (DSA) according to a blog post on Aug. 24. The BigTech giant says it has made “significant investments” in various areas in order to comply with the European Union’s DSA’s specific requirements. It plans to expand its Ads Transparency Center, expand…
In recent years, the world of artificial intelligence (AI) has been revolutionized by the advent of large language models. These models, such as OpenAI’s GPT-3, have showcased the immense potential of AI in understanding and generating human-like text. This article will delve into what exactly large language models are and how to deploy them for various applications. Understanding large language…
