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Meta to Resume Training AI With Data From UK Facebook, Instagram Users

14.9.2024
Meta announced it will resume training its artificial intelligence (AI) models using U.K. adult user data to better reflect British culture. This follows a delay due to privacy concerns. Despite initial opposition, Meta has now engaged with U.K. regulators and is nearing the launch of its...

Web3 Innovation and Transformation: InnoBlock 2024 Held by ABGA and BBS

14.9.2024
PRESS RELEASE. Web3 technology is leading a global technological revolution, propelling the internet industry into a new era of profound transformation and reconstruction. In this digital revolution, innovation is not only the driving force for the development of the Web3 industry, but also...

Rives Launches Doom Olympics: A Competitive Onchain Gaming Event

14.9.2024
Rives, a blockchain gaming project, has announced the launch of its Doom Olympics, a unique competition built on the Cartesi platform. The tournament will feature seven distinct challenges inspired by the classic video game Doom, rewarding top players with over $15,000 in prizes. Rives Combines...

FTX Co-Founder Sam Bankman-Fried Seeks Retrial, Alleges Legal Errors

14.9.2024
Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him a fair trial and seek a retrial with a different judge. Sam Bankman-Fried’s Appeal Targets...

NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply

14.9.2024
Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week. NFT Sales Total $74.86M in a Week Marked...

Nigerian Blockchain Group Ousts President, Who Remains Defiant

14.9.2024
The Stakeholders in Blockchain Association of Nigeria (SIBAN) expelled its president, Obinna Iwuno, for allegedly registering an illegal body and misusing his position. Iwuno denied these allegations and accused the SIBAN board of trustees of acting unlawfully. Despite the expulsion, Iwuno claimed...

5 US States Settle With GSB Group Over Unregistered Crypto Sales

14.9.2024
Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting...

Network Latency Drives Solana Validator to South Africa’s Commercial Hub

14.9.2024
Superfast founder Martin Tromp has launched a Solana validator in one of Teraco’s Johannesburg data centers. Solana is a fast, scalable blockchain platform competing with Ethereum. As a proof-of-stake system, validators like Tromp’s play a crucial role in maintaining network security...

Uniswap Labs CEO Denies Protocol Deployment Extortion Claims

14.9.2024
Uniswap Labs CEO Hayden Abrams has refuted claims that the platform charges $20 million for protocol deployments, calling them “completely false.” Abrams, who said he rarely engages with individuals seeking attention, explained that protocol deployments typically follow a governance...

CFTC Teams up With SEC to Fight Cryptocurrency Scams

14.9.2024
The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involving fake romantic relationships. These partnerships aim to help consumers...

In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance

13.9.2024
As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa, unveils the profound impact of stablecoins on monetary...

Nigeria Accuses Four Crypto Traders of Forex Regulations Violations

13.9.2024
The Nigerian government has filed criminal charges against four individuals and several firms for allegedly conducting illegal crypto transactions, including USDT to naira conversions, without a banking license. The four are Ejiogu A. Chinedu, Nnamdi F. Okereke, Oty Ugochukwu Stanley,...

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