CertiK drops findings on alleged scammer who stole $1M in crypto
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CertiK drops findings on alleged scammer who stole $1M in crypto

Potential evidence linking an anonymous scammer to a Canadian group was highlighted by blockchain security firm CertiK in a report sent to Cointelegraph; however, the company has so far failed to confirm the name or identity of the perpetrator(s).  On Aug. 16, CertiK released its findings from its investigation of a pseudonymous crypto scammer known as “Faint.” According to CertiK,…

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Judge greenlights investment banker declarant's entry
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Judge greenlights investment banker declarant’s entry

In the most recent update in the legal proceedings of the United States Securities and Exchange Commission (SEC) against Ripple Labs, Judge Torres grants permission for an investment banker declarant to make an appearance.  According to a court filing, Judge Analisa Torres granted permission for Andrew A. Kunsak from the law firm Sidley Austin LLP to serve as an investment…

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7 ways to safely store your private keys
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7 ways to safely store your private keys

In the world of digital assets, private keys act as the ultimate gatekeepers, granting access to your valuable cryptocurrencies and sensitive information. Safely storing your private keys is paramount to ensuring the security of your digital assets. This article will explore seven methods for storing private keys safely. Hardware wallets Hardware wallets are physical devices specifically designed to store private keys securely offline.…

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OpenAI says GPT-4 AI cuts content moderation time down from months to hours
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OpenAI says GPT-4 AI cuts content moderation time down from months to hours

OpenAI, the developer behind ChatGPT, is advocating the use of artificial intelligence (AI) utilization in content moderation, asserting its potential to enhance operational efficiencies for social media platforms by expediting the processing of challenging tasks. The AI company, supported by Microsoft, said that its latest GPT-4 AI model has the capability to significantly shorten content moderation timelines from months to a matter…

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Uzbekistan permits two banks to issue crypto cards
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Uzbekistan permits two banks to issue crypto cards

Two private banks, Kapital Bank and Ravnaq Bank, got approval from the National Agency for Perspective Projects (NAPP) to participate in the digital sandbox of crypto regulation. They’ll issue plastic crypto cards, powered by Mastercard.  On August 14, the NAPP reported the approval for Ravnaq Bank to participate in its pilot. Earlier, in May 2023, the Agency confirmed that Kapital Bank…

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US House Democratic coalition creates AI working group
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US House Democratic coalition creates AI working group

Democrats from the United States House of Representatives have formed a working group on artificial intelligence aimed at introducing new legislation around the nascent tech sector. The 97-member New Democrat Coalition announced its AI working group on Aug. 15 stating it would work with President Joe Biden’s administration, stakeholders and lawmakers from both sides of the political arena to develop…

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Lobby group to dispel crypto mining misconceptions in DC, says founder
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Lobby group to dispel crypto mining misconceptions in DC, says founder

The United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions about its sustainability from policymakers.  Launched on Aug. 15, the Digital Energy Council said its aim is to advance policies that encourage the growth of digital asset mining and energy development. DEC founder and president Thomas Mapes told Cointelegraph…

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Stellar dips into treasury to buy minority stake in MoneyGram
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Stellar dips into treasury to buy minority stake in MoneyGram

The Stellar Development Foundation (SDF) has become a minority investor in payments provider MoneyGram International. In an Aug. 15 X post, Stellar Development Foundation CEO and Executive Director Denelle Dixon announced the new investment saying the decision to provide funds to MoneyGram “was an easy one.” In an accompanying blog post, Dixon added the investment was made out of the…

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