In the ongoing trial against the FTX founder Sam Bankman-Fried, the U.S. Department of Justice (DOJ) has submitted a letter requesting the exclusion of evidence or arguments related to the current value of “certain investments” made by the defendant, including the $500 million investment in the artificial intelligence (AI) company Anthropic. In a court filing on October 8, the DOJ argued…
Ukraine’s Ministry of Digital Transformation presented its regulatory roadmap for artificial intelligence (AI) on Oct. 7. This has been published on the Ministry’s website, and states that it’s aimed at helping local companies prepare for adopting a law analogous to the European Union’s AI Act. It also seeks to educate citizens on how to protect themselves from AI risks. According to…
Major global cryptocurrency exchanges like Binance and OKX have announced that they’re working to comply with new financial promotion regulations in the United Kingdom. The Financial Conduct Authority (FCA) of the U.K. enacted the country’s new Financial Promotions (FinProm) Regime on Oct. 8 for cryptocurrency firms, aiming to ensure fair, clean and transparent crypto promotions. Binance announced on Oct. 6…
Bitcoin (BTC) starts the second week of October still up 4% month-to-date as geopolitical instability provides a snap market focus. BTC price action continues to hold steady at $28,000 — what will happen next as markets react to the war in Israel? In what could end up a volatile period for risk assets, Bitcoin has so far yet to offer…
Litecoin, often dubbed the silver to Bitcoin’s gold, offers unique mining opportunities. Whether you’re just starting out or seeking advanced insights, this guide provides a comprehensive look into the nuances of Litecoin mining. Hi! My name is Zifa. I’m a long-time crypto enthusiast, and for the past three years, I’ve been passionately writing about the world of cryptocurrencies, sharing insights,…
The United Kingdom’s financial markets regulator, The Financial Conduct Authority (FCA), had a busy Sunday on Oct. 8, adding several crypto exchanges to its warning list of non-authorized firms that customers “should avoid.” 143 new entities were added to the warning list, including major exchanges such as Huobi/HTX and KuCoin, founded in China and Singapore respectively. The warning list doesn’t…
United States prosecutors have requested the court presiding over Sam Bankman-Fried’s trial to bar his legal team from making any arguments relating to the potential recovery of FTX customer assets that were invested in Anthropic. Bankman-Fried invested $500 million in the artificial intelligence startup in April 2022. The U.S. government is set to present evidence that the Anthropic investment was…
FTX’s so-called “Backstop Fund” figure was a big lie, according to the crypto exchange’s former chief technology officer. Source: https://cointelegraph.com/public/index.php/news/ftx-insurance-fund-sam-bankman-fried-fraud-trial-gary-wang-testimony
A decentralized autonomous organization (DAO) is taking its interest in life extension to the next level, founding a biotech company to pursue cutting-edge science in treating cancer and other age-related diseases. VitaDAO, a community-owned collective with a mission to fund and advance early-stage longevity research, announced today the launch of Matrix Biosciences, in partnership with world-renowned biologist Vera Gorbunova. A…
During an episode of The Joe Rogan Experience, Sam Altman expressed his excitement for Bitcoin and said he was “super against” CBDCs. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-openai-ceo-sam-altman-joe-rogan-excited
