On Oct. 12, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), part of the French Central Bank, published a summary of its public consultation on a regulatory framework for decentralized finance (DeFi). The public consultation lasted two months, from April to May 2023, in response to the initial paper discussing possible regulations for DeFi in the country. External contributions…
Google has announced its commitment to protect users of generative artificial intelligence (AI) systems within its Google Cloud and Workspace platforms in cases where they face allegations of intellectual property infringement. This move aligns Google with other companies like Microsoft, Adobe and more, which have also made similar assurances. In a recent blog post, Google made it clear that customers…
The United States Securities and Exchange Commission will soon reach its deadline to appeal the court decision that ruled in favor of Grayscale Investments, forcing the regulator to review the fund manager’s application for a spot Bitcoin (BTC) fund. While many observers don’t believe the securities regulator will attempt to appeal the court’s decision, analysts say there could still be…
A 75-minute secretly recorded audio clip of Caroline Ellison has revealed the exact moment 15 former Alameda Research staff found out the hedge fund was “borrowing” user funds from FTX. The full-length recording, obtained by Cointelegraph, provides fresh insights into the palpable tension felt by Ellison and Alameda staff in the lead-up to FTX’s collapse. “Alameda was kind of borrowing…
A commissioner for the United States Commodity Futures Trading Commission (CFTC) has slammed Voyager Digital for its mistakes that eventually led to the loss of billions of dollars of customer funds. Statement of @CFTCjohnson regarding @cftc‘s charges against Voyager’s chief executive officer. Learn more: https://t.co/OiBvOoCuV6 — CFTC (@CFTC) October 12, 2023 In an Oct. 12 statement, Commissioner Kristin Johnson took…
Do Kwon-founded Terraform Labs has again pointed the finger at market maker Citadel Securities for its role in an alleged “concerted, intentional effort” to cause the depeg of its stablecoin in 2022. On Oct. 10, Terraform Labs filed a motion in the United States District Court in the Southern District of Florida to compel Citadel Securities LLC to produce documents…
The United States Space Force has temporarily banned its staff from using generative artificial tools while on duty to protect government data, according to reports. Space Force members were informed that they “are not authorized” to web-based generative AI tools — to create text, images, and other media — unless specifically approved, according to an Oct. 12 report by Bloomberg,…
Unauthorized artificial intelligence-powered recreations of people’s voices and images would be banned under a proposed bill by a bipartisan group of United States senators. In an Oct. 11 press release, Democratic Senators Chris Coons and Amy Klobuchar, along with Republican Senators Marsha Blackburn and Thom Tillis, released a discussion draft of the Nurture Originals, Foster Art, and Keep Entertainment Safe…
The former CEO of a Miami-based investment firm has pled guilty to a conspiracy to commit commodities fraud involving crypto futures contracts and now faces up to five years in prison. In an Oct. 12 statement, the United States Department of Justice said that Peter Kambolin, the former CEO of Systematic Alpha Management (SAM) LLC, operated a “cherry picking” scheme…
Headlines predicting the death of Bitcoin are nothing new. Over the past decade, we’ve seen every permutation of why “Bitcoin is dead” imaginable, yet the current crypto winter has brought very few of these dire proclamations. It seems a little different this time. Maybe it’s hard to pen such a eulogy with Bitcoin (BTC) hovering around $28,000, and a spot…
