EU AI rules stifle innovation, Meta and Spotify CEOs warn

South Korea's largest telecom and the third top conglomerate SK Group has invested $10 million in major global blockchain firm ConsenSys, according to a report by local news agency Chosun on July 2. Worth noting is the increased involvement of major South Korean companies into crypto industry, including Samsung, internet giant Kakao, Hyundai, among others.In the…

It is understood that Sam Bankman-Fried and two former FTX associates are currently being detained by Bahamian authorities. 1060 Total views 2 Total shares FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities. The source familiar…

From September 2020 to Dec. 1 over 200,000 scam tokens were created with well over half of those deployed this year. 827 Total views 13 Total shares Own this piece of crypto history Collect this article as NFTMore than 350 fraudulent cryptocurrency tokens were created per day this year, defrauding millions of investors, according to…

Bitcoin (BTC) firmly recommitted to its trading range on June 7 after a fresh move higher was met with a swift sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Some of the best chop we’ve seen”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rejecting decisively at resistance it last encountered on June 1.The pair had delivered…

The issues surrounding the Cardano Vasil hard fork have been “incredibly corrosive and damaging,” according to founder Charles Hoskinson, who’s looking to put the controversy to an end. 398 Total views 14 Total shares Cardano founder Charles Hoskinson has continued to refute claims that the Cardano’s testnet is “catastrophically broken,” implying the need to finally…

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.Top Stories This WeekInvestment Giant Fidelity Launches Digital Assets ServiceU.S. investment firm Fidelity…

The International Blockchain Monetary Reserve (IBMR) announced it has raised $3.48 million as an investment seed into ARCC Currency Reserve. The reserve is a basket of cryptocurrencies that includes Algorand (ALGO), Bitcoin (BTC), and Binance Coin (BNB) as well as 700,000 U.S. dollars in seed investments for United States-based tech startup companies. These assets back the…

The son of ex-Nissan chairman Carlos Ghosn, who escaped house arrest in Japan in December, paid for the extraction using Bitcoin. Carlos Ghosn — the ex-Nissan head who made a dramatic escape from house arrest in Japan in December — paid the extraction team half a billion dollars worth of crypto.According to U.S. prosecutors in…