A coalition of major social media platforms, AI developers, governments and non-governmental organizations (NGOs) have issued a joint statement pledging to combat abusive content generated by artificial intelligence (AI). On Oct. 30, the United Kingdom issued the policy statement, which includes 27 signatories including the governments of the United States, Australia, Korea, Germany and Italy, along with social media platforms…
Month: October 2023
Crypto asset manager Valkyrie amends spot Bitcoin ETF filing
Digital asset manager Valkyrie Investments is the latest firm to amend the spot Bitcoin (BTC) exchange-traded fund (ETF) filing with the United States securities regulators. Valkyrie on Oct. 30 filed an updated spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC), according to the SEC database. The updated form S-1 registration statement for the Valkyrie Bitcoin Fund aims…
There are now nearly 40M Bitcoin addresses in profit — A new record
80% of Bitcoin addresses are “in the black” at $34,000, while BTC’s price still trades 50% below its own all-time highs. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-addresses-in-profit-new-record
‘Your Keys and Wallets Are Safe’, Says Telegram Bot Unibot Amid $640k Exploit
The latest victim in the ever-growing list of crypto hacks is Unibot, a popular trading tool on Telegram. Today, alarm bells rang after the project revealed a “token approval exploit” impacting Unibot. “Your keys and wallets are safe,” the project wrote, adding that all funds impacted by the bot’s “new router” will be compensated. A “token approval exploit” refers to…
Rising M2 money supply will see crypto become ‘supermassive black hole’: Raoul Pal
The rising M2 money supply could propel crypto into another bull rally and help it outperform the traditional markets, according to Raoul Pal, co-founder and CEO of financial media platform Real Vision. Pal’s X post highlighted the correlation between the rising fiat market supply and the start of the crypto bull run. Pal, in an X( formerly Twitter) post, shared…
Kenya to introduce digital IDs for citizens by year-end
The Kenyan government plans to roll out its digital identification system in December 2023 after the testing period, which will take the next few months. According to the president of Kenya, William Ruto, whose speech at the East Africa Device Assembly Kenya plant in Athi River was cited by local media on Oct.30: “The digital ID, which has been a…
Blockchain in charity, explained
Challenges and considerations while using cryptocurrencies in humanitarian aid Even if cryptocurrencies have the potential to revolutionize humanitarian aid efforts, it is imperative to address issues concerning volatility, inclusivity, cybersecurity, legal compliance and ethical considerations. The application of cryptocurrencies to humanitarian relief offers advantages and disadvantages. The value fluctuation of cryptocurrencies is one major obstacle. The ability of aid organizations…
There are now nearly 40M Bitcoin addresses in profit — a new record
Bitcoin (BTC) has more wallet addresses in profit than ever before despite BTC price being 50% below all-time highs. The latest data from on-chain analytics firm Glassnode shows a record number of addresses “in the black.” $34,000 BTC price returns over 80% of Bitcoin addresses to profit Bitcoin may be nearing 18-month highs, but its recent gains were already enough…
Web3 gaming investors more ‘choosy’ in crypto winter
Investing in Web3 gaming has required a greater level of due diligence through a testing cryptocurrency bear market, according to Animoca Brands CEO Robby Yung. Yung, who is also co-founder of popular Metaverse platform The Sandbox, highlighted more robust check-boxes when considering Web3 gaming investments while speaking at the European Blockchain Convention in Barcelona. Related: Animoca still bullish on blockchain games,…
Spain to implement MiCA six months ahead of July 2026 deadline
Spanish Ministry of Economy and Digital Transformation reported that the first comprehensive European Union crypto framework, the Markets in Crypto Assets (MiCA) Act, will come into force on the national level in December 2025. As follows from the release published by the Ministry on Oct. 26, the first vice president of Spain, Nadia Calvino, has met with the president of…