A pseudonymous nonfungible token (NFT) trader made around $11 million in the recent airdrop reward distribution conducted by the NFT marketplace Blur. Dune analytics data showed that a wallet with the Ethereum Name Service (ENS) tag called “hanwe.eth” claimed a total of 22,851,000 Blur (BLUR) tokens in the season 2 airdrop of Blur. At the time of writing, coin price…
What happened with Sam Altman behind the scenes? Neither OpenAI nor Microsoft have provided all the answers. The industry deserves more congressional scrutiny. Source: https://cointelegraph.com/public/index.php/news/sam-altman-ouster-shows-biden-isnt-handling-artificial-intelligence
U.S. prosecutors want Binance CEO Changpeng ‘CZ’ Zhao to remain in the country until his sentencing, according to a court filing. In the filing, prosecutors cite the “substantial risk of flight posed by Zhao,” requesting that he not be permitted to return to the United Arab Emirates ahead of his sentencing on February 23, 2024. As part of a settlement…
The collapse of FTX in 2022 and Binance’s recent $4.3 billion settlement with U.S. authorities provide a strong argument for the provisions of the European Union’s markets in crypto-assets (MiCA) legislation, a European Commission official said in an interview. Ivan Keller, policy officer for the European Commission, spoke to Cointelegraph at the MoneyLIVE conference in Amsterdam. News of Binance’s high-profile…
U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai. Source: https://cointelegraph.com/public/index.php/news/cz-a-flight-risk-should-stay-in-us-doj
The city of Lugano, the economic capital of Italian-speaking southern Switzerland, will integrate the Polygon proof-of-stake (PoS) protocol into its crypto-friendly payment app, MyLugano. According to the announcement on Polygon Labs’ website from Nov. 22, the updated version of MyLugano features a multichain digital wallet for personal custody. The press release mentions “several tokens” already integrated into this app section…
The Bank of Korea (BOK) has said it will invite 100,000 Korean citizens to purchase goods with deposit tokens as part of the central bank digital currency (CBDC) pilot. The testing will start “around September to October” of 2024 and last for three months. According to a Korea Times report from Nov. 23, participants will be restricted to using the…
The Italian Data Protection Authority, a local privacy regulator, announced the launch of a “fact-finding” investigation on Nov. 22, in which it will look into the practice of data gathering to train artificial intelligence (AI) algorithms. The investigation aims to verify the adoption of appropriate security measures on public and private websites to prevent “web scraping” of personal data used…
A federal appeals court in New Orleans is considering a proposal that would mandate lawyers to confirm whether they utilized artificial intelligence programs to draft briefs, affirming either independent human review of AI-generated text accuracy or no AI reliance in their court submissions. In a notice issued Nov. 21, the 5th U.S. Circuit Court of Appeals revealed what seems to…
Matr1x, an NFT gaming company based in Singapore, has raised another $10 million in funding for its mobile gaming projects, the firm announced Thursday. Folius Ventures led the latest A-2 round, with fellow crypto VC firm SevenX named as a co-lead investor. ABCDE Capital, Jambo, Initiate Capital, and Find Satoshi Lab—makers of Stepn and the upcoming Gas Hero game—also invested,…
