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California passes bill to prohibit unauthorized AI replicas of the deceased
4.9.2024
California’s Senate passed Assembly Bill 1836, prohibiting unauthorized AI-generated replicas of deceased personalities without prior consent to protect performers’ rights and likenesses
AI deepfake crypto scammers ramp up operations in Q2: Gen Digital
4.9.2024
Gen Digital’s Siggi Stefnisson warned users that scammers are adept at using what is already on their target’s minds, including love, financial security and elections.
AI deepfake crypto scammers ramp up operations in Q2: Gen Digital
4.9.2024
Gen Digital’s Siggi Stefnisson warned users that scammers are adept at using what is already on their target’s minds, including love, financial security and elections.
Low Investment Threshold, Greater Financial Control Lure Aussies to Crypto, Study Finds
4.9.2024
The report indicates that Australia has a higher cryptocurrency adoption rate with one in every five current or past crypto holders. Key factors driving adoption include the relatively low investment threshold, greater financial control, and a perception of increased equality. However, barriers...
Scottish Court Sets Precedent With Crypto-to-Cash Confiscation
4.9.2024
Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his BTC holdings were linked to criminal activity. The case initially proposed a settlement entirely...
China and South Africa Boost BRICS Ties: Key Outcomes from Xi’s Meeting With Ramaphosa
4.9.2024
China and South Africa committed to deepening cooperation within the BRICS framework during South African President Cyril Ramaphosa’s second state visit to China, where he met with Chinese President Xi Jinping. The leaders emphasized the importance of expanding BRICS and enhancing economic...
Trump’s Crypto Platform Hit by Scammers Promising $15,000 Giveaways
4.9.2024
Former U.S. President Donald Trump’s family-backed cryptocurrency platform has been targeted by scammers, leading to over 70,000 users being misled with fake crypto giveaways. Scammers have posted fraudulent ads on the platform’s official Telegram channel, diverting users to a fake group promising...
2024 Report Finds 96% of NFTs Declared ‘Dead’ Amid Market Instability
3.9.2024
A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among holders and the fleeting lifespan of most NFTs. NFT Sector Faces Uncertain Path as 2024...
SEC Commissioner Mark Uyeda Calls for S-1 Form Tailored for Digital Assets
3.9.2024
Uyeda said the U.S. agency can work with crypto firms to figure out how to differentiate S-1 forms for digital assets
Okx Approved to Provide Cross-Border Payment Services in Singapore
3.9.2024
Global crypto exchange Okx has secured a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), allowing it to offer digital payment token services. Gracie Lin, the newly appointed CEO of Okx’s Singapore entity (Okx SG), highlighted the significance of this...
USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead
3.9.2024
Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena’s USDE supply has decreased by 130 million, pushing First Digital’s FDUSD into the fourth...
Qatar Unveils 2024 Digital Assets Framework
2.9.2024
Qatar has launched a new framework to regulate digital assets, aiming to create a secure and transparent ecosystem. The framework is expected to attract domestic and international players and support the development of a thriving financial services sector in Qatar. Building Foundation for Digital...
Why is the SEC going after digital art and monkey pictures? Law Decoded
2.9.2024
OpenSea faces SEC scrutiny as the debate over NFTs as unregistered securities heats up, causing a stir in the crypto world
Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed
2.9.2024
Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC spent was lower in August than in July. Specifically, dormant wallets spent around 2,291 BTC from addresses...
Qatar introduces regulatory framework for digital assets
2.9.2024
Qatar’s central bank governor believes that the framework will bring opportunities to the country’s financial sector.
Monthly NFT sales fall below $400M, marking yearly low
2.9.2024
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year
HashKey and Kaia partner to boost Web3 adoption in Asia
2.9.2024
HashKey Group and Kaia collaborate post-rebrand to accelerate Web3 adoption, coinciding with Kaia-Finschia merger and new mainnet launch
OKX bags Singapore crypto license
2.9.2024
OKX Singapore also announced that it onboarded Gracie Lin, who previously worked at MAS, as its CEO.
India’s HDFC Bank Launches New UPI and CBDC Features
2.9.2024
HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its customers. Announced at the Global Fintech Fest 2024 in Mumbai, India, these innovations, developed...
Coinbase Reports Its First AI-to-AI Crypto Transaction
2.9.2024
Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s capacity to independently obtain resources...