On Twitter, people are sharing what seems to be a doctored picture. A picture of Binance CEO Changpeng Zhao (CZ) on Interpol’s red notice webpage suggests the cryptocurrency company is in deep legal danger. CZ claims the photo was doctored with Photoshop. This is a photoshopped image. 4 https://t.co/vE5XlvvuQt —
April 4, 2023 2 mins read
The artificial intelligence (AI) chatbot ChatGPT-4 has been in the news with its most recent upgrade. And this is not only in the cryptocurrency sector. While there is a range of viewpoints on AI, businesses are still using it to better serve their customers. OKX, a cryptocurrency exchange, and Web3
April 1, 2023 2 mins read
The United States Commodity Futures Trading Commission (CFTC) has launched a lawsuit against Binance, the biggest cryptocurrency exchange in the world, and its CEO “CZ,” alleging that they have broken regulations pertaining to cryptocurrency trading and derivatives. When combined with the increased attention and crypto governmental crackdowns that followed FTX’s
March 31, 2023 1 min read
In an effort to prevent potentially dangerous consumer access to advanced AI systems, the Center for Artificial Intelligence and Digital Policy (CAIDP) has filed a complaint with the United States Federal Trade Commission (FTC). The CAIDP filed a lawsuit on March 30 alleging that OpenAI’s newly published big language model,
March 31, 2023 1 min read
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler testified before the House Appropriations Committee on Wednesday. HE pleading for more resources to address the growing issue of non-compliance in the cryptocurrency industry. Gensler said that the SEC’s resources for investigating emerging crypto problems are “stretched thin” at the moment.
March 30, 2023 2 mins read
As Ottawa tightens its regulatory monitoring of the volatile crypto sector. The Canadian federal government said that federally regulated pension plans in the country would be required to report their exposure to crypto assets to the Office of the Superintendent of Financial Institutions (OSFI). Under the proposed 2023 budget proposal.
March 29, 2023 1 min read
OKX, a cryptocurrency exchange established in Seychelles, has stated that it would be seeking virtual asset licenses under the new regulatory system, as well as Type 1 and 7 licenses under the Securities and Futures Commission (SFC), in order to establish a presence in Hong Kong. In addition, it intends
March 29, 2023 1 min read
In light of recent concerns about a possible network vulnerability, THORChain has temporarily suspended network operations. Following concerns of a possible vulnerability with a THORChain dependency that may harm the network, THORChain went to Twitter on March 28 to say it has paused all trade. THORChain stated the move was
March 28, 2023 1 min read
A multi-year relationship between Gucci and Yuga Labs, the firm behind well-known NFT lines including Meebits, Bored Ape Yacht Club (BAYC), and CryptoPunks, was recently revealed. A press announcement states that the connection between fashion and entertainment in the Metaverse will be the primary focus. The new initiative further establishes
March 28, 2023 2 mins read
With the arrest of Terra’s co-founder Do Kwon and former Chai Corp CEO Han Chang-joon in Montenegro last week, prosecutors in South Korea said on Monday that they are seeking an arrest warrant for Terraform Labs’ co-founder Daniel Shin. Do Kwon and Han Chang-joon, the former CEO of Chai Corp,
March 27, 2023 1 min read