Turkey is reportedly considering regulations for its crypto market, focusing on licensing and taxation. The aim is to remove the country from the “gray list” of an international financial crime watchdog, as Turkey ranks fourth globally in crypto trading. According to a Reuters report, Bora Erdamar, a director at the BlockchainIST Center, a blockchain technology research and development center, said the…
The National Pension Service (NPS), a public pension in South Korea and one of the world’s largest pension funds, bought just over 280,000 shares of the global cryptocurrency exchange Coinbase in the third quarter of this year, an investment that has gained 39% in value since the purchase. The NPS acquired 282,673 Coinbase (COIN) shares in the third quarter of…
The Big Tech giant Microsoft announced the launch of a new artificial intelligence (AI) chip, the Microsoft Azure Maia AI Accelerator, according to a blog post on Nov. 15. The chip is designed for AI tasks and generative AI and debuted alongside the Microsoft Azure Cobalt CPU, which was designed to compute workloads on Microsoft Cloud. Microsoft called the two…
The Philippines Bureau of the Treasury announced it would offer 10 billion pesos ($179 million) of one-year tokenized treasury bonds for the first time after canceling the traditional auction scheduled for Nov. 20. The Bureau of the Treasury will offer these tokenized bonds to institutional buyers at minimum denominations of 10 million pesos with increments of 1 million pesos. The…
CertiK claims Solana’s Saga smartphone contains a critical “bootloader vulnerability” — Solana Labs says the claims are entirely inaccurate. Source: https://cointelegraph.com/public/index.php/news/solana-dismisses-certik-saga-phone-security-report
Binance will publicly roll out a Thailand-based crypto exchange in early 2024 via a joint venture with local energy giant Gulf Energy Development. A Nov. 15 Stock Exchange of Thailand filing by Gulf Energy said the venture, called Gulf Binance, will initially be available on an invitation-only basis with a public rollout by early 2024, with the firm receiving Securities…
A recent video from blockchain security firm CertiK made a series of “inaccurate” claims about a potential security vulnerability in Solana’s crypto-enabled Saga phone, Solana Labs has said. In a Nov. 15 post on X (formerly Twitter), CertiK claimed the Saga phone contained a “critical vulnerability” known as a “bootloader unlock” attack which would supposedly allow a malicious actor to…
The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval. Source: https://cointelegraph.com/app/public/index.php/news/paxos-singapore-issue-usd-stablecoin-after-license-approval
Guidelines for firms listing and delisting cryptocurrencies in New York have tightened up to better protect investors, according to the state’s financial regulator. The New York State Department of Financial Services (NYDFS) unveiled new restrictions on Nov. 15 which mandate crypto companies submit their coin listing and delisting policies for NYDFS approval. Company policies will be measured against more stringent…
The head of audio at Stability AI is leaving the company because of how the AI developer justifies training its generative AI model with copyrighted works. “I’ve resigned from my role leading the Audio team at Stability AI, because I don’t agree with the company’s opinion that training generative AI models on copyrighted works is ‘fair use,’” wrote Ed Newton-Rex,…
