Pro-crypto candidate for the United States presidency Robert F. Kennedy, Jr., often known simply as RFK Jr., announced on Oct. 9 at a rally in Philadelphia that he was dropping his bid for nomination in the Democratic primary to run as an independent instead. “I’m here to declare myself an independent candidate,” he said. Kennedy has been a supporter of…
Month: October 2023
Brazilian securities regulator plans sandbox for tokenization in 2024
The Comissão de Valores Mobiliários (CVM) of Brazil is planning to start a second regulatory sandbox program in 2024. Speaking at Rio Innovation Week on Oct. 4, the superintendent of institutional investor supervision with the CVM, Daniel Maeda, said the regulator will be exploring a regulatory sandbox for use cases of tokenization potentially starting in 2024. According to Maeda, the…
Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens
The charity campaign aims to raise funds for humanitarian aid to help Israelis affected by the recent conflict. Source: https://cointelegraph.com/app/public/index.php/news/israel-web3-community-launches-crypto-aid-israel-help-displaced-citizens
Judge sides with Ripple again, denies SEC appeal: Law Decoded
On Oct. 3, United States District Court Judge Analisa Torres rejected the U.S. Securities and Exchange Commission’s (SEC’s) motion to appeal its loss against Ripple Labs, the company behind the XRP (XRP) cryptocurrency. Torres denied the SEC’s motion, claiming the regulator failed to meet the burden to show that there were controlling questions of law or substantial grounds for differences…
‘Ukuhumsha‘—A New Way to Hack OpenAI’s ChatGPT
Computer science researchers at Brown University have discovered new vulnerabilities in OpenAI’s GPT-4 security settings. By using less common languages like Zulu and Gaelic, they could bypass various restrictions. The researchers claim they had a 79% success rate running typically restricted prompts in those non-English tongues versus a less than 1% success rate using English alone. In the report, Brown…
Michael Lewis’ new book puts a positive spin on Sam Bankman-Fried
I haven’t read Michael Lewis’ The Big Short: Inside the Doomsday Machine, but I find it difficult to believe that the author expressed much sympathy for those involved in the United States housing bubble prior to the 2008 financial crisis. By contrast, his account of former FTX CEO Sam Bankman-Fried (SBF) is relatively glowing. In Going Infinite: The Rise and…
Why NFL Alumni Are Turning to NFTs to Support Retired Football Players
Retired NFL players will have an opportunity to tap into new revenue streams, including NFT collectibles for fans, through the NFL Alumni Association’s new partnership with Aventus. The firm, which operates a Polkadot parachain, will leverage the name, image, and likeness of retired players to create NFTs of those who opt into its new offering. NFL Alumni is a nonprofit…
What is going on with Sam Bankman-Fried’s defense?
Former FTX CEO Sam “SBF” Bankman-Fried has been on trial since Oct. 3, but his legal counsel has yet to present a compelling narrative to support his defense. Source: https://cointelegraph.com/app/public/index.php/news/what-going-on-sam-bankman-fried-defense
Just One Game on Solana Is Doing More Daily Transactions Than All of Polygon
SAGE Labs, the browser-based sci-fi game experience on Solana from the Star Atlas team, saw over 2.29 million transactions on Sunday—surpassing the total for the entire Polygon network by about 256,000 transactions. According to data from analytics platform Flipside Crypto, Star Atlas’ SAGE Labs experience has seen over 16 million total transactions since it launched last month. The browser game…
Ripple’s chief financial officer steps down amid SEC lawsuit
Kristina Campbell, the chief financial officer of Ripple, has left the crypto payments platform for a comparable position at the virtual healthcare provider Maven Clinic. According to Campbell’s LinkedIn, her employment at Ripple ended in October after more than 2 years without explanation other than a “memorable” time at the crypto firm. She joined Ripple in April 2021 after more than…