While the development of artificial general intelligence (AGI) comes with a truckload of benefits, it also comes with massive risks if the technology falls into the wrong hands. However, decentralization using blockchain technology might help prevent a catastrophe, according to Janet Adams, the chief operating officer of the artificial intelligence […]

An influencer’s tweets have raised questions about the large volume of Tether created and used by Alameda Research. Alameda’s creation of 36 billion USDT and a mere redemption of 4 billion has sparked concerns – where is the $30 Billion? Unusual pricing on Alameda’s FTX exchange and the revelation of […]

Crypto exchange Binance has announced it has onboarded new partners to handle euro deposits and withdrawals, months after losing its previous fiat partner PaySafe in September.  In an Oct. 19 statement, Binance announced that it had signed agreements with new fiat partners for euro payments, deposits, and withdrawals. The move […]

Coinbase layer-2 network Base has announced it has open-sourced its code repositories and smart contracts to increase transparency and accountability while simultaneously allowing public contributions to the project.  In an Oct. 19 blog post, Base announced that as of today, developers would be granted full access to the network’s codebase. […]

Low-power wearable technology, including virtual and augmented reality devices crucial to the metaverse, will be permitted to tap into the 6 GHz frequency band following a rule change from the United States communications regulator. In an Oct. 19 press release, the Federal Communications Commission said it opened up the 6 […]

It’s been a challenging quarter for crypto, Binance has confirmed in its Q3 market pulse report. The market was down in many sectors, the report found, although the entry of institutional players such as Deutsche Bank, Sony and PayPal helped offset some of the pain.  The global crypto market capitalization […]

Universal Music Group (UMG), Concord Publishing and ABKCO Music & Records have filed a lawsuit against the artificial intelligence (AI) startup Anthropic on accusations of the latter committing copyright infringement in training its AI chatbot Claude. The lawsuit was filed on Oct. 18 and claims that Anthropic “unlawfully” copied and […]

The United States Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, has proposed designating cryptocurrency mixing as an area of “primary money laundering concern” following Hamas’ attack on Israel. In an Oct. 19 notice, FinCEN said it had assessed that “the percentage of CVC [convertible virtual currencies] transactions processed by CVC mixers […]

The metaverse gained attracted a lot of interest from the crypto community and venture capital firms during the peak of the previous bull market. The likes of Meta and Apple joining the metaverse bandwagon only gave more legitimacy to the concept, but both multibillion-dollar tech firms have taken quite a […]

Ripple’s latest job posting has sparked speculation within the cryptoverse about the possibility of going public through an initial public offering (IPO). Notably, some of the roles and responsibilities listed in the job posting reflect the business practices of a publicly traded firm. Ripple IPO Rumors Swirl Ripple CEO Brad […]