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Hong Kong is increasingly solidifying its status as a crypto hub in Asia despite most other countries taking a cautious approach.

Hong Kong’s regulatory lead sets it up to be major crypto hub

Hong Kong — officially the Hong Kong Special Administrative Region of the People’s Republic of China — is a city of over seven million residents on the eastern Pearl River Delt...

1 year ago

The U.K. prime minister’s AI task force adviser said large AI models would need regulation and control in the next two years to curb major existential risks.

AI could threaten humanity in 2 years, warns UK AI task force adviser

The artificial intelligence (AI) task force adviser to the prime minister of the United Kingdom said humans have roughly two years to control and regulate AI before it becomes too powerful. ...

1 year ago

Stolen crypto from Atomic Wallet users are already on the move to mixers according to Elliptic.

Atomic Wallet hacker sends crypto to mixer used by Lazarus Group: Elliptic

Illicit funds gained from the $35 million Atomic Wallet hack have been moving to a crypto mixer known to be favored by North Korea’s most notorious cyber-hacking group. On June 5...

1 year ago

Kennedy asked Balaji Srinivasan, Coinbase’s former CTO, to be his Treasury Secretary.

Robert F. Kennedy Jr. Silent on Bitcoin and CBDC During Twitter Talk with Elon Musk

Tesla CEO and Twitter owner Elon Musk hosted a conversation with presidential candidate Robert F. Kennedy Jr on Monday. And while it lasted for more than two hours, Bitcoin and the digital asset...

1 year ago

Retail demand for Bitcoin stays strong!

JPMorgan Report Says Retail Demand for Bitcoin Expected to Remain Strong as Halving Approaches

According to a research report by JPMorgan, retail demand for Bitcoin is expected to remain strong in the lead-up to the next halving event, scheduled for April 2024. The report attributes the r...

1 year ago

The approval has been seen as a small win for the United States crypto market and institutional investors.

Cboe Digital receives nod for margin trades on its crypto futures exchange

Cboe Digital, a major options exchange in the United States, has had its application to offer margined futures contracts for Bitcoin (BTC)

1 year ago

European Commission Vice President, said that companies deploying generative AI tools with the potential to spread disinformation should be publicly labeled.

EU officials want all AI-generated content to be labeled

Officials in the European Union have discussed additional measures that would make artificial intelligence (AI) tools, such as OpenAI’s ChatGPT, more transparent to the public. O...

1 year ago

United States Attorney Damian Williams says the lies of the former Minnesota Vikings co-owner exposed the U.S. financial system to “serious risk.”

Ex-NFL team owner Reggie Fowler gets 6 years for crypto ‘shadow banking’

Reginald Fowler, a former NFL team owner, has been sentenced to six years of prison for operating as a “shadow bank” to the crypto sector, which involved over $700 million in unregul...

1 year ago