The United Nations and the Dutch government announced plans to create a framework for the ethical supervision of artificial intelligence (AI).  On Oct. 5, the Dutch Authority for Digital Infrastructure and the United Nations Educational, Scientific and Cultural Organization (UNESCO) officially launched the project called “Supervising AI by Competent Authorities,” […]

OpenAI, the company behind artificial intelligence chatbot ChatGPT, is reportedly exploring the possibility of manufacturing processing chips in-house amid a global shortage of the expensive and difficult to produce hardware. An Oct. 5 Reuters report citing people familiar with the matter said OpenAI has even evaluated an unnamed company as […]

Ethereum price is slowly moving lower toward the $1,585 support against the US dollar. ETH must clear the $1,650 resistance to start a recovery wave. Ethereum is struggling to stay above the $1,600 support zone. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a […]

Binance, once the dominant force in the cryptocurrency exchange space, has experienced a seven-month decline in its spot market share, which now stands at just 34%, according to CCData, as reported by Bloomberg.  Since August, Binance has seen withdrawals totaling around $12,230 BTC, or $330 million, and around 198,200 Ethereum […]

Binance, the world’s largest cryptocurrency exchange, is currently grappling with challenges that have raised concerns about its credibility and market performance.  Recent reports by Forbes shed light on Binance’s initial coin offering (ICO) and the subsequent distribution of its native cryptocurrency, Binance Coin (BNB).  Behind The Curtain The investigation reveals […]

Pascal Gauthier, CEO and chair of hardware crypto wallet manufacturer Ledger, has announced the firm will be reducing its staff by 12%. In an Oct. 5 blog post, Gauthier said the staff cuts had been made “for the longevity of the business”, citing the 2022 bear market and the collapse […]

Crypto payment service provider Wirex announced the launch of a zero-knowledge proof (ZK-proof)-based noncustodial crypto debit card service called W-Pay on Oct. 3. Wirex’s new decentralized solution utilizes zero-knowledge technology and is built on Polygon’s Chain Development Kit (CDK), promising increased scalability and security. Polygon’s CDK has been built with ZK-proofs in focus, […]

On 4 October 2023, John Reed Stark, a digital regulatory compliance expert with 15 years of experience as an SEC enforcement attorney, appeared on CNBC’s “Squawk Box” program to discuss with co-anchor Andrew Ross Sorkin the ongoing trial of Sam Bankman-Fried (SBF), the former CEO of the now-bankrupt crypto exchange […]

A single scammer has reportedly managed to steal around $385,000 worth of Ether (ETH) in less than 24 hours, amid a scourge of SIM-swap hacks seemingly targeting friend.tech users.  On Oct. 5, blockchain sleuth ZachXBT reported the same scammer had pilfered 234 ETH over the past 24 hours by SIM-swapping […]

Decentralized social media (DeSo) application Stars Arena has caused a major uptick in activity on Avalanche’s C-chain network. As network activity increased, so did the price of the network’s native AVAX (AVAX) token, which has gained more than 8% in the last 24 hours.  Launched in late September, the Friend.tech-inspired […]