Cryptocoins News / Blockchain - 2 years ago
The UK Competition and Markets Authority (CMA) is examining the impact of AI on consumers and the economy, with a focus on foundation models. The regulator plans to examine their usage against key principles, including transparency and accountability...
Cryptocoins News / Blockchain - 2 years ago
Today marks a groundbreaking step for decentralized finance (DeFi) on the Solana blockchain as Symmetry launches its highly anticipated User Interface at https://app.symmetry.fi/. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Metacade, the exciting new play-to-earn GameFi platform, continues its ascent as one of the most promising prospects in the space after announcing their listing date for MEXC Exchange at 09:00 UTC on the 4th May. (Read More)
Cryptocoins News / Blockchain - 2 years ago
US bank regulators have admitted to errors in supervision after high-profile bank failures, with the New York Department of Financial Services publishing its review of Signature Bank and the US Federal Reserve Board releasing its review of Silicon Va...
Cryptocoins News / Blockchain - 2 years ago
The House Financial Services Committee, Agriculture Committee, and subcommittees will hold joint hearings in May on establishing a bill to provide regulatory clarity to the digital asset ecosystem. The hearings will focus on addressing the market str...
Cryptocoins News / Blockchain - 2 years ago
Twitter now allows content creators to monetize their posts through subscriptions, offering exclusive content to paying followers. Creators can keep 97% of revenue up to $50,000, with a revenue split of 80% after. Twitter has partnered with Stripe to...
Cryptocoins News / Blockchain - 2 years ago
Mastercard has launched a Web3 solution called the "Mastercard Crypto Credential" aimed at improving user verification standards in the digital asset space. The solution offers users a unique identifier, helping them to verify that an address has bee...
Cryptocoins News / Blockchain - 2 years ago
The FDIC has asked Cross River Bank to correct and address issues in its lending activities. A consent order executed in March alleged that the bank had engaged in "unsafe" banking practices regarding compliance with fair lending laws and regulations...
Cryptocoins News / Blockchain - 2 years ago
The FDIC's assessment of Signature Bank identified poor management and inadequate risk management practices as the reason for its collapse. The bank was shut down by regulators on March 12, and the FDIC was appointed to handle the insurance process....
Cryptocoins News / Blockchain - 2 years ago
Bob Michele, CIO of JP Morgan Asset Management, expresses concern over how US regional banks will operate post-emergency lending programs, warning of potential collapse after First Republic Bank's liquidity issues. (Read More)
Cryptocoins News / Blockchain - 2 years ago
DidYouKnowGaming's YouTube channel was hacked to promote XRP scams, with the hacker changing the channel's profile and cover images to Ripple's logo. YouTube intervened quickly to prevent further damage, but the rise of deepfakes remains a threat to...
Cryptocoins News / Blockchain - 2 years ago
The European Union has passed a draft bill that will classify AI tools according to their risk level and impose stricter transparency procedures for high-risk tools. The bill is part of the EU’s Artificial Intelligence Act and aims to address concern...
Cryptocoins News / Blockchain - 2 years ago
Google Cloud will provide framework and developer tools to aid Polygon Labs’ Ethereum scaling protocol. The partnership aims to streamline developer integration for decentralized applications on Polygon. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Indiana and Maine universities publish a study examining US cryptocurrency tax law. The paper proposes a new tax framework for cryptocurrency losses, which would prevent taxpayers from using them against other capital gains. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Google expands its Web3 program with 11 blockchain partners, while the UK government commits $125 million to accelerate its AI readiness. FTX is set to sell LedgerX for $50 million, and Binance.US backs out of a $1 billion Voyager asset purchase, cit...
Cryptocoins News / Blockchain - 2 years ago
The New York Department of Financial Services and the US Federal Reserve Board have published their internal reviews on the handling of Signature Bank and Silicon Valley Bank's failures. The string of bank failures, including Silvergate Bank's volunt...
Cryptocoins News / Blockchain - 2 years ago
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Cryptocoins News / Blockchain - 2 years ago
Twitter users can now monetize their content via a new subscription service, allowing creators to charge followers a monthly fee for access to exclusive content. Twitter has partnered with Stripe to payout creators and will take a 3% cut up to $50,00...
Cryptocoins News / Blockchain - 2 years ago
Mastercard has launched a new Web3 solution called "Mastercard Crypto Credential" aimed at enhancing user verification standards in the digital asset space. The solution is designed to provide a unique identifier to users, enabling them to instantly...
Cryptocoins News / Blockchain - 2 years ago
Italy's data protection agency, Garante, has lifted the temporary ban on the interactive AI chatbot, ChatGPT, after the company addressed the privacy concerns raised by the watchdog. The ban was imposed due to ChatGPT's violation of the GDPR, and the...
Cryptocoins News / Blockchain - 2 years ago
Tencent Cloud, the cloud services arm of Tencent, has launched a deepfake generator that uses three-minute video clips and 100 voice sentences to create convincing digital humans. The service can create deepfakes in Chinese and English and costs $145...
Cryptocoins News / Blockchain - 2 years ago
JPMorgan has created an AI tool using a ChatGPT-based language model to analyze Federal Reserve statements and speeches to detect trading signals. The tool assigns a Hawk-Dove Score to Fed policy signals and can predict changes in central bank tighte...
Cryptocoins News / Blockchain - 2 years ago
The UK's taxation arm of the Treasury, HM Revenue and Customs, has launched a consultation seeking input from individuals and entities engaged in DeFi activities on a possible new tax regime. Under the proposed changes, crypto used in DeFi transactio...
Cryptocoins News / Blockchain - 2 years ago
Cooper Morgenthau, former CFO of African Gold Acquisition Corporation, was sentenced to three years in prison for embezzling $5 million from three different SPACs. Morgenthau used the embezzled funds to trade cryptocurrencies and meme stocks, losing...
Cryptocoins News / Blockchain - 2 years ago
Crypto exchange KuCoin confirms a user's address is responsible for launching thousands of memecoin scams but will not freeze assets without official notice from law enforcement. The wallet address has been marked as a fake phishing wallet by blockch...
