On October 5th, the Reserve Bank of Zimbabwe (RBZ) launched a new digital token called Zimbabwe Gold (ZiG) as a payment method. This initiative was first introduced by the central bank in April 2023, with the aim of encouraging local investors to invest in national assets rather than relying on the American dollar. The RBZ […]
Cardano founder Charles Hoskinson has criticized the media for giving former FTX CEO Sam Bankman-Fried a “free pass” and compared him to notorious fraudster Bernie Madoff. Hoskinson accused the media of ignoring evidence of misappropriation and theft of customer funds by Bankman-Fried and FTX. He specifically called out author Michael Lewis for his book on […]
Pro-crypto candidate Robert F. Kennedy Jr. has announced his decision to drop out of the Democratic primary and run as an independent candidate for the United States presidency. Kennedy has been a vocal supporter of cryptocurrency and aims to make America the global hub for digital currencies, particularly Bitcoin. He has proposed backing the USD […]
The Netherlands has established itself as a leading destination for cryptocurrency enthusiasts and businesses, thanks to its strong and transparent regulatory landscape. The country’s strict regulations require companies to register in order to offer crypto services, ensuring compliance and customer protection. While some major players like Binance and Coinbase have faced fines for non-compliance, other […]
The fate of the digital assets bills currently being considered in the House remains uncertain. It is possible that these bills may not make any progress for the remainder of the year, which is a common outcome for many bills in this Congress. Alternatively, they may receive floor votes and even secure victories in the […]
UPbit, a prominent South Korean cryptocurrency exchange, has reported a significant increase in hacking attempts during the first half of this year. According to data shared by the exchange’s operator, Dunamu, UPbit experienced 159,061 hacking attempts, marking a staggering 1,800% surge in attacks over the past three years. This highlights the growing risks faced by […]
The CEO of OpenAI, Sam Altman, has expressed concern over the US government’s actions against cryptocurrencies, stating that it feels like a war on crypto assets. Altman believes that while there is a need for regulations within the industry, the government’s approach is disappointing. He acknowledges the potential for a surveillance state but argues that […]
Negotiators in the European Union (EU) are discussing the possibility of imposing additional regulations on large artificial intelligence (AI) systems, such as OpenAI’s GPT-4, as part of the forthcoming AI Act. The aim is to strike a balance between not burdening new startups with excessive regulations while keeping larger models in check. The agreement on […]
Ukraine’s Ministry of Digital Transformation has unveiled its regulatory roadmap for artificial intelligence (AI), with the aim of aligning with the European Union’s AI Act and educating citizens on AI risks. The roadmap takes a bottom-up approach, providing businesses with tools to prepare for future requirements before implementing any laws. The preliminary period for companies […]
Bad Idea AI ($BAD) is set to be listed on Lbank’s Innovation Zone, with the trading pair BAD/USDT. The listing will go live at 08:00 on October 7, 2023 (UTC). Bad Idea AI is a decentralized experiment that combines AI technology, Blockchain, and Decentralized Autonomous Organizations (DAOs). It is an effort to explore the dynamics […]
