UK-based internet watchdog firm Internet Watch Foundation (IWF) is again sounding the alarm about the rapid spread of AI-generated child sexual abuse material (CSAM). In a new report released Wednesday, the group reported that over 20,254 AI-generated CSAM images were found on a single darkweb forum in just one month—and that a flood of such abhorrent content could “overwhelm” the…
Crypto-promoting firms have breached the United Kingdom’s new crypto marketing rules at least 221 times since coming into force in early October, says the country’s financial regulator. In an Oct. 25 statement, the U.K. Financial Conduct Authority (FCA) said since the Oct. 8 crypto promotion rules came into place, firms are still failing to provide visible enough risk warnings, provide…
Bitcoin (BTC) may reach new all-time highs by the end of next year, but crypto investors should brace themselves for a “chopfest” in the meantime, according to veteran trader and analyst Peter Brandt. In an Oct. 26 post on X (formerly Twitter), Brandt told his 660,000 followers that Bitcoin had likely already bottomed in Nov. 2022 and that the cryptocurrency…
Blockchain forensic firm Elliptic says there’s “no evidence” that Hamas is receiving a significant volume of cryptocurrency donations to fund its attacks against Israel. “There is no evidence to support the assertion that Hamas has received significant volumes of crypto donations,” Elliptic said in an Oct. 25 statement. The amounts raised “remain tiny,” the firm added. Elliptic’s statement was framed…
GTA and CoD veterans’ new studio collabs with Immutable Web3 gaming ecosystem Immutable is helping Random Games join the blockchain gaming world. The studio was founded by veteran developers and storytellers from famous franchises including Grand Theft Auto, Call of Duty, Fortnite, Batman, Star Trek, The Walking Dead, Star Wars and South Park. The collaboration centers around Unioverse, a Web3…
As the holiday shopping season ramps up, Amazon is looking to get an edge over its competition in the consumer AI space by adding new generative AI features to Alexa, its cross-platform, cross-device digital assistant. The ecommerce and tech giant announced Explore with Alexa on Wednesday, which is aimed specifically at kids. Explore with Alexa is designed to give more personalized…
Freshman Mexican Senator Indira Kempis made headlines last year when she introduced a bill that would create of a central bank digital currency (CBDC). Now, she has her eyes set on making Bitcoin an integral part of her political agenda. Kempis is a congresswoman from the state of Nuevo León, which is situated north of Mexico City and shares a…
Asset manager Hashdex recently held a meeting with the U.S. Securities and Exchange Commission to address the regulator’s concerns about its application to allow the Hashdex Bitcoin Futures exchange-traded fund (ETF) to hold spot Bitcoin, a source familiar with the matter told Cointelegraph. As per a memorandum released by the Division of Trading Markets, the meeting took place on Oct. 13, with…
A company is petitioning former Ripple chief technology officer Stefan Thomas for a hard drive containing more than 7,000 Bitcoin (BTC) that he has been unable to access for years. In an Oct. 25 open letter, crypto recovery firm Unciphered offered to unlock an IronKey hard drive belonging to Thomas containing 7,002 BTC — roughly $244 million at the time…
Looking to bolster its technology sector with artificial intelligence, Australia is opening its doors to AI developers that are eager to expand into untapped markets. On Tuesday, tech giant Microsoft said the company is investing AUS$5 billion, around $3.2 billion, into the Oceanic country, according to a report by Reuters. This comes after Google said it would invest $1 billion…
