Hong Kong’s SFC is exploring new licensing regulations for OTC cryptocurrency services, seeking input from industry participants. Source: https://cointelegraph.com/news/hong-kong-sfc-crypto-otc-licensing-regime?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Exploring the intersection of data, AI and blockchain with Chainbase COO
Chainbase chief operating officer Chris Feng discusses how onchain data is evolving into a new asset class and how AI is reshaping the Web3 ecosystem. Source: https://cointelegraph.com/news/exploring-intersection-data-ai-blockchain-chainbase-coo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US lawmakers unite against AI abuse, support NO FAKES Act
A legal professional warns that the bill could lead to private censorship, posing risks to free speech and creators’ rights. Source: https://cointelegraph.com/news/us-bill-protect-ai-deepfakes-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Extortion Emails Demand Ransom, Show Google Maps of Victims’ Homes
The Douglas County Sheriff’s Office has alerted Minden, Nevada, residents to a scam involving threatening emails aimed at extorting money through bitcoin. The emails claim to possess personal details such as the victim’s home address, phone number, and internet browsing history. The scammer threatens to expose the victim’s browsing history unless a ransom is paid […] Source: https://news.bitcoin.com/bitcoin-extortion-emails-demand-ransom-show-google-maps-of-victims-homes/
Kraken denies SEC claims, argues digital assets aren’t securities
Kraken firmly disputes SEC allegations, citing the lack of clarity in federal securities law and overreach in its regulatory scope. Source: https://cointelegraph.com/news/kraken-denies-sec-unregistered-securities-allegations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Buterin ups X activity in August, posts more than last 18 months
After moving to Farcaster, Vitalik Buterin appears to be back on X with over 150 posts or replies in the last month. Source: https://cointelegraph.com/news/buterin-x-activity-spikes-posts-more-than-last-18-months?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking Links
The U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labor for these schemes. The sanctions freeze U.S.-based assets and prohibit transactions, […] Source: https://news.bitcoin.com/us-treasury-sanctions-cambodian-tycoon-over-crypto-fraud-and-trafficking-links/
Altcoins need ‘substantial bull market’ to avoid VC funding drought: Analyst
A “substantial bull market” is needed to avoid VC funds drying up after too much money was allocated to funds “clearly underperforming benchmarks,” a crypto analyst says. Source: https://cointelegraph.com/news/altcoin-bull-market-needed-to-sustain-vc-funding-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sky proposes dropping Wrapped Bitcoin over claimed Justin Sun ties
The team behind Sky, formerly Maker, wants to drop WBTC due to what it claimed were recent changes in ownership and control “likely involving Justin Sun or affiliates.” Source: https://cointelegraph.com/news/maker-sky-eyes-dropping-wrapped-bitcoin-justin-sun?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OpenAI says latest o1 model on ‘new level’ can ‘think before it answers’
OpenAI claims its newest model, OpenAI o1, is so advanced it was “resetting the counter back to one” for naming its AIs. Source: https://cointelegraph.com/news/openai-o1-model-reasoning-stem-abilities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound