The annual report from India’s Ministry of Home Affairs (MHA) revealed that officials from various cybercrime and police departments were trained in cryptocurrency forensics and investigation during the financial year 2022-23. The MHA, or the Home Ministry, highlighted that under the Narcotics Control Bureau (NCB) — India’s central law enforcement and intelligence agency — 141 officers were trained on the…
SC Ventures, the fintech investment arm of the British bank Standard Chartered, will establish a Digital Asset Joint Venture investment company in the United Arab Emirates (UAE) in partnership with a Japanese financial conglomerate, SBI Holdings. In the press release from Nov. 9, Alex Manson, the CEO of SC Ventures, revealed the new joint Venture company’s goals: “[…] to make…
BTC price hits new 18-month highs as Bitcoin market participants appear to get caught off-guard by the strength of a fresh rally. Source: https://cointelegraph.com/public/index.php/news/bitcoin-etf-excitement-returns-btc-price-37k
The U.S. actors’ union SAG-AFTRA has ended its months-long strike after reaching a “tentative deal” with Hollywood studios that includes provisions to protect actors from the “threat of AI.” The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) announced the end of the strike in a Twitter thread, announcing that the TV/Theatrical Negotiating Committee had voted unanimously to…
The saga of the imploded cryptocurrency exchange JPEX continues to develop as Taiwan prosecutors have reportedly found new alleged suspects. The Taipei District Prosecutors Office (TDPO) requested Chang Tung-ying, the chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud, the local TV channel TVBS News reported on Nov. 9. Taipei prosecutors reportedly searched nine…
Crypto exchange Bitget has integrated a decentralized finance (DeFi) aggregator into its crypto exchange application, allowing users to swap their tokens and access DeFi services through its Web3 Wallet. According to Bitget, the effort aims to provide users with options for trading their crypto assets in the exchange. The app will also gradually include other services, including a non-custody wallet,…
The principal financial regulator in Spain, the National Securities Market Commission (CNMV), has opened the first case on violating crypto promotion rules in the country. As reported in the press release from Nov. 8, CNMV initiated “sanctioning proceedings” against Miolos S.L for two “massive” advertisement companies in September and November 2022. The Commission accuses Miolos of non-compliance with the cryptocurrency…
AAA gaming studio Ubisoft has partnered with blockchain game firm Immutable to collaborate on developing Web3 games through its Strategic Innovation Lab. An announcement shared with Cointelegraph said the two studios will combine their expertise to intertwine mainstream gaming development quality with Web3-enabled functionality. Nicolas Pouard, who heads up Ubisoft’s blockchain initiative, noted that Immutable’s existing blockchain infrastructure and its…
Decentralized artificial intelligence (AI) network Ritual came out of stealth mode to announce a $25 million Series A financing for the company, led by Archetype. The company offers an AI-powered infrastructure that aims to execute complex logic currently infeasible for smart contracts. While AI adoption maintains an uptrend across all business verticals, issues such as high compute costs, limited hardware…
Bitcoin (BTC) neared $37,000 on Nov. 9 as a fresh BTC price surge appeared to take traders by surprise. BTC/USD 1-hour chart. Source: TradingView U.S. “carrying” Bitcoin upside Data from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $36,000 after the daily close. The pair went on to reach $36,864 on Bitstamp, making its highest level since early May 2022.…
