Elon Musk’s X suspends data collection for AI training, EU watchdog says
After proceedings in an Irish court, the local Data Protection Commission said X agreed to suspend processing personal data of EU users to train its AI system.
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Blockchain group INATBA reiterates concerns over proposed European regulations
The International Association for Trusted Blockchain Applications has faulted some aspects of the European Commission’s proposed crypto regulations. 1818 Total views 10 Total shares Six months after its first response to the European Commission’s crypto legislative proposal, the International Association for Trusted Blockchain Applications, or INATBA, has released a detailed report on key issues regarding…
Blockchain Can Level the Playing Field for SMEs
U.K.-based fintech Qadre believes that blockchain technology can unlock billions in lost equity for small and medium sized enterprises. 2952 Total views 48 Total shares In an exclusive interview with Cointelegraph, Nick Williamson, the chief executive of U.K.-based fintech firm Qadre, argued that blockchain technology can unlock access to capital for small and medium sized…
Former SpaceX Engineer Targets Consumer Traders With His LXDX Crypto Exchange
A former engineer at Elon Musk’s SpaceX has announced his new firm LXDX would launch a public cryptocurrency exchange, Leaprate reports Monday, September 17.Previously engaged in automation and propulsion at SpaceX, Joshua Greenwald has since turned his attention to institutional-grade cryptocurrency trading. While already operating for institutional investors, Greenwald now wishes to hook the mainstream consumer…
Play-and-earn is the secret to mainstream NFT gaming adoption
Since 2017, dozens of projects have created games that use blockchain and nonfungible token (NFT) technology. The overall vision is inspiring and has attracted a solid base of fans and investors in equal measure. However, the industry is still in its infancy, and we have a long way to go until it achieves mainstream adoption.There…
This DEX is ignoring the ‘test in production’ attitude held by other DeFi companies
IDEX has chosen to take a more traditional approach to security. IDEX, a decentralized exchange, recently underwent a security audit by Quntstamp prior to the release of its 2.0 mainnet. The exchange's CEO Alex Wearn emphasized the importance of security audits to Cointelegraph:Depositing funds into contracts that the authors themselves state are unaudited, and were rushed…
Thai SEC approves four crypto firms despite Zipmex woes
Thailand’s regulators are still approving crypto companies despite one of its largest ones suspending withdrawals. 65 Total views 16 Total shares Thailand’s financial regulator, the Securities and Exchange Commission (SEC), has approved four more crypto companies in the Kingdom.On Aug. 4, it was reported in local media that the SEC had granted operating licenses to…
CME Bitcoin Futures Briefly Broke $10,000 Amidst a New Open Interest All-Time High
Bitcoin (BTC) futures on the Chicago Mercantile Exchange’s (CME) briefly broke $10,000 on Friday, June 21, according to data from trading analytics platform TradingView.CME bitcoin futures 24-hour chart. Source: TradingViewBTC futures reached a new high for 2019 of around $10,050, breaking $10,000 for the first time since early March 2018, when bitcoin was trading above…
SEC targets Coinbase, Do Kwon arrested and FTX sells $95M in Mysten Labs: Hodler’s Digest, March 19-25
Top Stories This Week Coinbase could face SEC enforcement action for ‘potential violations of securities law’ Crypto exchange Coinbase received a Wells notice from the United States Securities and Exchange Commission (SEC) suggesting an upcoming enforcement action. According to Coinbase, the “legal threat” could potentially target its staking program, listed digital assets, wallet or Coinbase…