Google has been facing a wave of litigation recently as the implications of generative artificial intelligence (AI) on copyright and privacy rights become clearer. Amid the ever-intensifying debate, Google has not only defended its AI training practices but also pledged to shield users of its generative AI products from accusations of copyright violations. However, Google’s protective umbrella only spans seven…
Month: October 2023
Trezor Safe 3 Review: A Hardware Wallet for Bitcoin Newcomers
In brief The Trezor Safe 3 is the latest hardware wallet from Trezor. It’s aimed at “new entrants” to the crypto space. It’s the first Trezor hardware wallet to feature a secure element. A long-established name in the crypto space, Trezor’s line of hardware wallets has provided users with a reliable, if unshowy, means of self-custodying their Bitcoin and other…
Gary Gensler teases details of SEC’s $5 billion take from enforcement actions, shades crypto
The United States Securities and Exchange Commission (SEC) chief Gary Gensler’s speech before the 2023 Securities Enforcement Forum shed light on the regulatory body’s enforcement actions that led to $5 billion in judgments and orders. However, Gensler’s dig at the cryptocurrency market became a talking point for the crypto community on social media, where Gensler noted, “Don’t get me started…
A case for Web3 social media, and is Friend.tech a security?
The Web3 industry continues its mission to disrupt the World Wide Web, and social media is one of its primary targets. In the 34th episode of Cointelegraph’s Hashing It Out, host Elisha Owusu Akyaw interviews Ryan Li, co-founder of CyberConnect, about the concept of decentralized social media. Li kicks off the episode by explaining the rationale behind creating social media…
Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge
The possible contents of Former FTX CEO Sam Bankman-Fried upcoming testimony have been outlined in a letter to Judge Kaplan by his lawyer, Mark Cohen. In the letter submitted by Mark Cohen, to inform the Court of their planned testimony during Mr. Bankman-Fried’s direct examination, the defense requested approval to obtain testimony regarding Mr. Bankman-Fried’s awareness of counsel’s participation in specific…
What Is a Decentralized Autonomous Organization (DAO)? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly
Curious about the buzz surrounding DAOs? You’re in the right place! As we dive into the world of decentralized autonomous organizations, we’ll unravel the essence of these digital entities and why they’re capturing so much attention in the tech community. My name is Zifa, and I am here to decode yet another abbreviation from the cryptosphere. Join me on this…
Memecoin Madness: PEPE, Dogecoin and SHIB Surge Amid Crypto Rally
Popular memecoins haven’t been left out of the latest rally alongside heavyweight assets like Bitcoin and Ethereum. Topping the list is the frog-themed Pepecoin, which has enjoyed an overnight rally of almost 14%. PEPE is still worth fractions of a penny, though, trading hands now at $0.00000120 per CoinGecko, meaning that 84 million PEPE tokens are only really worth $100.…
Circle launches ‘points-to-crypto’ program with Taiwan convenience store chain
The United States-based stablecoin issuer Circle has reported a partnership with Taiwan’s second-largest convenience store chain, FamilyMart, and a local crypto exchange, BitoGroup. According to the company’s press release from Oct. 26, it will deliver a new ‘Points-to-Crypto’ service on the Taiwan FamilyMart App. This will allow FamilyMart customers to exchange their loyalty points for the Circle-issued USDC. Customers will be…
Meta faces legal scrutiny as AI advancements raise concerns over child safety
A group of 34 American states is filing a lawsuit against the social media behemoth, Meta, accusing Facebook and Instagram of engaging in improper manipulation of the minors who utilize these platforms. This development comes amid rapid artificial intelligence (AI) advancements involving both text and generative AI. Legal representatives from various states, including California, New York, Ohio, South Dakota, Virginia,…
JPMorgan Coin handles over $1 billion in daily transactions, executive says
Takis Georgakopoulos, global head of payments at JPMorgan, has revealed that the company processes over $1 billion in daily transactions through its digital asset, JPMorgan Coin. Speaking during an interview with Bloomberg TV on Oct.26, Georgakopoulos named three major inefficiencies of the current payment systems: the speed of the payments, especially cross-border transactions; the separate movement of money and information, which…