Tag Archives: News

According to the CMA, the AI principles will help to promote competition in the UK, while also protecting consumers from exploitation. The United Kingdom’s (UK) antitrust agency has set principles that should form the framework for guiding artificial intelligence (AI) regulation. The Competition and Markets Authority (CMA) published a press release on Monday and included a report following a review of AI systems referred to as foundation models (FMs). In the press release, the CMA...

The company’s decision to distance itself from A&T Capital comes when the crypto industry is navigating its own set of challenges. Chinese fintech giant Ant Group is withdrawing its investment from A&T Capital. The crypto venture-focused company received $100 million from Ant Group to invest in offshore crypto ventures, Bloomberg reported Monday, citing people familiar with the matter. According to the report, the move comes amidst the current market winter coupled with internal...

The new guidance will be the first one to key into delisting as a way of protecting investors. The New York State Department of Financial Services (NYDFS) is set to publish a new set of rules for crypto firms. The proposed guidance, per a Wall Street Journal report, will seek to ensure that crypto firms are more open about how they list and delist crypto coins. According to the financial regulator, the guidance will look to build on the previous version of the framework. That is as it also...

Can the world of blockchain lead to heavy jumps in entrepreneurship? According to Roundtable anchor Rob Nelson and Block Leaders founder Jillian Godsil, the answer is a resounding “yes.” Blockchain and Entrepreneurship: How One Compliments the Other Blockchain is still in an infant-like state in many ways. As primarily the technology that gives cryptocurrencies their power, it’s being experimented with to see how else it can be used. For example, there are many...

Beyond hardware and the focus on Vision Pro, Apple is making significant strides in the world of Artificial Intelligence. The year 2024 is already shaping up to be an exciting one for enthusiasts of Apple Inc (NASDAQ: AAPL), with the tech giant said to be working on a host of major product launches beyond Vision Pro. At the forefront of Apple’s 2024 lineup is the highly anticipated Apple Vision Pro. As Bloomberg’s Mark Gurman suggests in a recent report, this release is not only about the...

JPEX attributed its liquidity difficulties to regulatory constraints and external market makers, leading to increased withdrawal fees and the suspension of specific services. According to various local media reports, Joseph Lam (Lin Zuo), a former lawyer and cryptocurrency influencer, has been arrested by Hong Kong authorities in connection with the JPEX crypto exchange. Crypto Influencer and His Ties with JPEX The arrest took place today, with law enforcement officers also conducting a...

In response to Erdogan’s proposition, Musk conveyed his enthusiasm for the Turkish market. Turkish President Recep Tayyip Erdogan has extended an invitation to Elon Musk, the CEO of Tesla and SpaceX, urging him to consider establishing Tesla’s next factory in Turkey. The enticing offer was made during their meeting in New York, where Erdogan attended the United Nations General Assembly. The meeting between Erdogan and Musk took place at the iconic Turkish House in Manhattan, and it...

Luckily, Cuban was quickly alerted and managed to move over $2.5 million worth of other crypto he had on Polygon to a Coinbase exchange address. It turned out to be a huge mistake for tech billionaire Mark Cuban when he decided to revisit crypto this past weekend. Having been inactive for several months, the Dallas Maverick owner thought it a good idea to look up his holdings, only to fall victim to a crypto scam. According to blockchain data, he lost around $870,000 worth of tokens to the...

Stellar lumen price is struggling below the $0.120 resistance zone against the US Dollar. XLM price is now trading below $0.1185 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1182 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.125 resistance. Stellar lumen price is trading below $0.120 against the US Dollar, like Bitcoin. XLM price could extend...

Ripple price started a downside correction from the $0.5080 zone against the US dollar. The price is now trading above $0.490 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $0.4960 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.4750. Ripple price is consolidating near $0.490 against the US Dollar, similar to...