CFTC Commissioner wants to create AI Fraud Task Force

In Sweden, cash in circulation represents only 1% of the country’s gross domestic product, and some experts predict the nation will go “totally cashless” by 2023. In China’s largest cities, over 90% of people use WeChat Pay and Alipay as their primary payment method, with cash a distant second. It may seem that the transition to…

The banking authority said avoiding risk through cutting off crypto-involved clients may pose a “threat” to financial integrity. 112 Total views 33 Total shares The Prudential Authority of the Reserve Bank of South Africa sent out guidelines in effort to prevent illicit activities to its subsidiaries, which included encouragement not to cut off all ties…

Ethereum co-founder Vitalik Buterin explained the “biggest reason” is because it has to be on a multisig – which are still “fairly difficult” to set up. Ethereum co-founder Vitalik Buterin stated that he does not stake all of his Ethereum (ETH) due to multisignature (multisig) wallets being “complicated in a bunch of ways.”On the 29…

Brazil, Russia, India, China and South Africa, or the BRICS economic bloc, are engaging in discussions to issue cross-national digital money in order to reduce the dependence of their economies on the United States, as reported by Cointelegraph on Nov. 14. What will the new cryptocurrency look like, how does the BRICS group plan to…

South Korean technological holding SK Group has signed a Memorandum of Understanding (MoU) with ConsenSys for blockchain business cooperation, according to a SK Group official press release published today, Dec. 4.SK Holdings C&C is the information technology solutions arm of the SK Group, one of the the largest conglomerates in South Korea. The entity has…

“It’s the future — we’ve all decided centralized banking is rigged so we trust more in fly-by-night Ponzi schemes,” said the motel clerk accepting Bitcoin as payment. 3153 Total views 36 Total shares South Park, the animated TV series that often tackles topical issues with a comedic twist, showed Bitcoin being used as a mainstream…

While the term “fake news” has been floating around for a while, the phrase was given new life and popularity when former United States President Donald Trump turned it into a viral campaign slogan. “Fake news” eventually became a generation-defining meme, and this is likely because there is a certain truth to the phrase that

Witnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people. 484 Total views 13 Total shares Austrian crypto and stock trading platform Bitpanda joins the growing list of companies to announce a mass layoff as it aims…