The United Kingdom’s Financial Conduct Authority, or FCA, has reiterated its warning for all crypto asset firms marketing to users in the country to be in compliance with rules going into effect in October 2023, but added companies could have “more time to implement certain changes”. In a Sept. 7 notice, the FCA said crypto firms operating in the U.K.…
In an increasingly AI-driven world, blockchain could play a critical role in preventing the sins committed by apps like Facebook from becoming widespread and normalized. Artificial intelligence platforms such as ChatGPT and Google’s Bard have entered the mainstream and have already been accused of inflaming the political divide with their biases. As foretold in popular films such as The Terminator,…
The politician faces harsh competition from pro-crypto candidates of all sorts, with his already shaky popularity in the polls declining. Source: https://cointelegraph.com/public/index.php/news/ron-de-santis-polls-crypto
Seven leaders in decentralized finance (DeFi) have banded together to form the Tokenized Asset Coalition (TAC). The new advocacy group will work toward the adoption of public blockchains, asset tokenization and institutional DeFi, it announced Sept. 7. Aave Companies, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch and RWA.xyz are the coalition’s founding members, but membership is open to “any organization that…
Former FTX executive Ryan Salame will plead guilty to criminal charges, an unnamed source told Bloomberg on Thursday. Salame, was co-CEO of FTX Digital Markets and said to have handled political donations on behalf of the now-defunct crypto exchange’s executives. He himself made substantial donations to Republican candidates, according to public campaign contribution records. The news comes as FTX founder Sam…
Trust is in shorter supply in the digital world these days. As artificial intelligence evolves and produces more “humanlike” and realistic results, users of digital services are increasingly concerned with knowing who and/or what, precisely, they’re interacting with. With a commitment to decentralization and broad access, the crypto industry in particular needs proof-of-humanity solutions to avoid issues like fake accounts…
Artificial intelligence (AI) and blockchain technologies have reached a “tipping point” and are set to shrink established industries while creating new ones, forecasts a report from Moody’s Investors Service published on Sep. 6. According to the authors, the combined impact of AI and distributed ledger technologies (DLTs), such as blockchain, has effects “far beyond corporate balance sheets,” and “will likely…
Kenyan authorities continued to scrutinize controversial project Worldcoin by grilling CEO Alex Blania on Wednesday. At a parliamentary ad hoc meeting, lawmakers voiced privacy concerns surrounding Worldcoin. One lawmaker said that the project’s arrival to Kenya “looks like a gang of criminals who are coming to harvest data from young people.” Worldcoin is a cryptocurrency project launched by Silicon Valley…
The team behind nonfungible token collection OnChainMonkey is shifting its entire collection of 10,000 NFTs from Ethereum to Bitcoin, in a massive undertaking expected to take several months. “A historical transition is on the horizon as we prepare to migrate our flagship collection, OCM Genesis, from Ethereum to Bitcoin,” Metagood co-founder and CEO Danny Yang said in a statement on…
In a significant development in the AI industry, Anthropic has unveiled Claude Pro, a paid version of its highly proficient AI chatbot “Claude 2.” It’s poised to provide fierce competition for ChatGPT. This new market entrant has been setting new standards with its remarkable context capability. While ChatGPT Plus manages a context of 32K tokens, Claude Pro astounds with a…
