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PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
13.9.2023
The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, Paxos report states
Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use
1.9.2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...
Google updates service policies to comply with EU regulations
28.8.2023
Google and other major platforms on the web will need to update their service policies in order to comply with EU standards in its Digital Services Act by Aug. 28
Tether maintains $3.3B in liquidity cushion: USDT transparency report
25.8.2023
The total assets under Tether stand at $86.1 billion with total liabilities amounting to $82.8 billion — thus confirming a reserve backing of over 100%
Hollywood studios offer new proposal for AI and data transparency to curb strike
23.8.2023
The Alliance of Motion Picture and Television Producers released a memo of their offer to striking writers and actors with proposed guidelines for AI usage and data transparency
5 Python libraries to interpret machine learning models
30.7.2023
Python libraries that can interpret and explain machine learning models provide valuable insights into their predictions and ensure transparency in AI applications
AWS-Reliant Blockchains Won’t Bring Transparency to AI
29.7.2023
Transparency for the Whales, Privacy for the Plebs
14.7.2023
Identifying the owners of crypto wallets may level the playing field for retail traders. But if taken too far it could be weaponized against the weak
Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TUSD Poses Risk: Kaiko
13.7.2023
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm
South Korea to ask firms to disclose crypto holdings from 2024
12.7.2023
After initially mandating public officials to declare their crypto, the South Korean authorities now want all local firms to disclose such holdings
NEAR Foundation publishes Transparency Report for Q2-2023
11.7.2023
NEAR Foundation has published its quarterly report titled NEAR Foundation Transparency Report: Q2 2023. This is the second installment this year and highlights its developments and advancements in Blockchain Operating System, Web2.5 strategy, and Web3 partnerships. These are only a few points...
5 blockchain-based social media platforms to know
3.7.2023
Discover five blockchain-based social media platforms that are reshaping online interactions
Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs
30.6.2023
Chris Maurice, founder and CEO of crypto exchange Yellow Card said in Africa, crypto isn't the "casino" that it can sometimes feel like in the West
Potential Venus Protocol Liquidation Raises Concerns in BNB Community
12.6.2023
Crypto market observers are currently focusing on the Venus Protocol this week as the protocol grapples with a possible liquidation of binance coin (BNB). The hacker who exploited the BNB blockchain managed to secure $150 million in stablecoins through the use of Venus. If the price of BNB slips...
US senators propose AI bills for transparency and innovation
9.6.2023
The bipartisan bills target government transparency when using AI and the formation of a new Office of Global Competition Analysis to stay on top of innovation
US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC
9.6.2023
Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated that the true motivation behind the lawsuits...
Robert Kennedy Jr Slams SEC for Protecting Banks Instead of American People — Calls for Crypto-Friendly Commissioners
30.5.2023
U.S. presidential candidate Robert F. Kennedy Jr. says he does not want anti-crypto people on the Securities and Exchange Commission (SEC). He also slammed the securities regulator for protecting banks rather than the American people. “What they’re doing is obscure, it’s...
Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident
30.5.2023
Bkex, a crypto exchange based in the British Virgin Islands, has suspended withdrawals due to an allegation that a user’s “funds were involved in money laundering.” In order to assist law enforcement with their investigation and gather evidence, Bkex said it has decided to halt...
Private equity tokens aim to bring greater liquidity, transparency and accessibility
9.5.2023
Despite a few reservations, tokenization stands to streamline the way retail and institutional investors can access the private equity market
OpenAI’s ChatGPT re-enters Italy after obliging transparency demands
29.4.2023
The revocation of the ban in Italy required ChatGPT to reveal its data processing practices and implement age-gating measures among other legal requirements