The U.S. Federal Communications Commission has officially made using AI-generated deep fakes in robocalls illegal, the agency announced on Thursday. The declaration comes after the FCC had started to study illegal robocalls using generative AI in November. On Tuesday, the FCC had joined lawmakers in Texas in issuing a cease and desist order to Lingo Telecom LLC, which is accused…
Month: February 2024
Ethereum Staking Booms, With 25% of All ETH Locked Up
A quarter of all Ethereum (ETH) in supply is now being staked, data shows. According to figures from blockchain data firm Nansen, over 30 million ETH—or about $74 billion worth of the cryptocurrency—has been locked up. Staking is the process of “locking up” digital coins or tokens to help keep a blockchain network running. Proof-of-stake assets like ETH require users…
‘Pixels’ Token Launch Date Set as Binance Reveals PIXEL Staking Rewards
The PIXEL token is almost here. Pixels, a popular crypto game running on the Ronin network, announced late Wednesday that it will debut the game’s token with the debut of a Binance Launchpool promotion that will reward users with token incentives. Crypto exchange Binance will roll out the token with its Launchpool promo, which lets Binance customers earn PIXEL in…
Blast Layer-2 Solution: Enhancing Ethereum’s Scalability and Yield
Blast, an Ethereum layer-2 scaling solution, aims to address the Ethereum network’s scalability challenges. It has attracted significant interest by securing a total value locked (TVL) of over $1.4 billion and fostering a growing ecosystem of applications and users. Blast differentiates itself with features including native yields for ETH and stablecoins, facilitated by auto-rebasing mechanisms and collaborations with real-world asset…
Solana Price Up 6% as It Recovers From Network Outage
Solana holders are starting the day with a smile on their faces. SOL has made a 6% recovery, bouncing back from a debilitating network outage two days ago. This bounce follows the bigger trend of a bull market within the overall cryptocurrency market, with Bitcoin, the leading cryptocurrency, up 4% over the past 24 hours. The resurgence of Solana is…
Do Kwon Will Not Go to U.S. as Montenegro Revokes Extradition
Will they or won’t they? The Montenegro Court of Appeals has revoked its agreement that would have allowed the U.S. to extradite former TerraForm Labs CEO Do Kwon, according to a statement issued by the court. The decision to extradite Kwon was originally made by the High Court of Podgorica in early December. But a few weeks later, his lawyers…
Kraken secures VASP registration from Dutch Central Bank
This registration will allow us to expand into an important European market and offer our industry leading products to Dutch clients. We are committed to growing our business in compliance with European regulations and have obtained a number of registrations over the past year. In addition to the Netherlands, we hold registrations in Spain, Italy and Ireland and are actively…
BlackRock, Fidelity Bitcoin ETFs Have Key Liquidity Advantages Over GBTC: JP Morgan
BlackRock and Fidelity’s spot Bitcoin ETFs have an advantage over Grayscale’s GBTC in two key liquidity metrics, according to a new report by JP Morgan shared with Decrypt. Although outflows from spot Bitcoin ETFs, and in particular GBTC, have slowed over the past two weeks, JP Morgan’s analysts concluded that over time Grayscale’s fund will likely lose further funds to…
Amazon Web Service Boss Calls AI Businesses ‘Massively Overhyped‘
Adam Selipsky, CEO of Amazon’s dominant cloud computing platform AWS, sees parallels between the hype around AI and the rush of companies hoping to capitalize on the emergent tech to the dot-com bubble in the 1990s. “If you go back to, say, 1997 and you ask, ‘Was the internet underhyped or overhyped?’ I would argue it was underhyped,” he told…
Trading for Polygon Ecosystem Token (POL) starts now in Canada
We’re thrilled to announce that Polygon Ecosystem Token (POL) is now available on Kraken for residents of Canada! Funding and trading POL funding and trading are live. Add POL to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Only deposit POL on Polygon. Deposits using other networks will be lost. Got POL and a Kraken…