EU watchdog urges banks to prioritize clients in AI usage
The EU’s top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID.
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Leaked bids: Binance, Galaxy Digital among secret bidders for Celsius assets
At least five firms placed bids on Celsius Network’s crypto assets, including Binance, Bank To The Future and Galaxy Digital, according to leaked information shared by crypto blogger Tiffany Fong. Fong, a follower of Celsius developments who shot to fame after several exclusive interviews with Sam Bankman-Fried following its collapse, has leaked information from documents she…

OneCoin Website Goes Offline as Net Closes in on $4B Ponzi Scheme
The website for cryptocurrency Ponzi scheme OneCoin has finally ceased operating, months after United States authorities indicted one of its founders for fraud.As MLM scam monitoring resource BehindMLM.com noted on Dec. 1, OneCoin.eu no longer returned a live result as of Nov. 30. “Legal investigation” offlines OneCoin.euUpon investigation, a representative from EurID, the domain’s registry, confirmed…

Bitspark Shuts Down Amid Restructuring, Coronavirus and Protests
Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues.On Feb. 3, Bitspark co-founder and CEO George Harrap officially announced the platform’s plans to shut down its services on March 4, 2020.According to the statement, Bitspark users will be able to withdraw their cryptocurrencies from Feb. 3 to March 4…

5 talent marketplaces to hire developers
Businesses across industries rely on competent developers to construct and maintain their technology infrastructure in today’s fast-paced digital landscape. However, finding and recruiting the best developers can be difficult. The role of talent marketplaces is to provide platforms that link companies with a pool of qualified developers. This article will look at five well-known talent…

Report: Postmates founder Bastian Lehmann launches crypto startup
Although details surrounding the venture remain unknown, its website states the firm seeks to provide "consumer finance solutions for an emerging web." 181 Total views 11 Total shares According to local news outlet FinanceFWD, German entrepreneur Bastian Lehmann is making a move into the crypto industry with the creation of a new startup called "TipTop…

US energy company opens crypto mining facility in Middle East to use stranded natural gas
Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 2022. 540 Total views 39 Total shares As the heated up discussion around the ethical aspects of using fossil fuels in crypto mining remains one of the key topics for the industry,…

Exchanges delist FTX Token pairs from trading platforms
Binance, BitMEX and KuCoin have delisted FTX Token pairs from their crypto exchange platforms. 750 Total views 6 Total shares As the FTX collapse continues to cause turmoil in the crypto industry, various crypto exchanges have delisted FTX Token (FTT) on their platforms. In an announcement, crypto exchange Binance highlighted that it had removed the FTT/BTC,…

Zeneca’s portfolio peaked at $20M — and he has ‘2021 vibes’ again: NFT Collector
NFT Collector Zeneca has round-tripped his crypto stack twice, most recently watching his $20M NFT portfolio plunge by 90%.