FTC cracks down on ‘deceptive’ AI projects, including an AI lawyer
“Operation AI Comply” is part of the US federal agency’s latest round of enforcement actions against companies it claims used AI to harm consumers.
Related Posts
Crypto News From Japan: Sept. 2–8
Japan, one of the leading markets for cryptocurrencies, has seen a series of important developments for the cryptocurrency and blockchain industries this week. The country’s financial regulator, the Financial Services Agency (FSA), has licensed crypto-related businesses. Japanese Deputy Prime Minister and Finance Minister Taro Aso noted that regulators need to find new approaches to address…
Amber Group’s co-founder Tiantian Kullander passes away at 30
Tiantian Kullander, known to many as TT, has unexpectedly died in his sleep on Nov. 23. 292 Total views 1 Total shares Amber Group's co-founder Tiantian Kullander, also known as TT, unexpectedly passed away in his sleep on Nov. 23, according to the company's official website. Tiantian was 30 years old and leaves behind a…
As Libra Battles Critics, Zuckerberg Aims to Win Over US Policymakers
Facebook’s Mark Zuckerberg is in Washington for meetings with policymakers to discuss internet regulatory matters such as privacy, competition and its handling of political content.As noted in Bloomberg’s Sept. 19 report, the meetings come after a summer of intense scrutiny of Facebook’s proposed Libra stablecoin project from United States lawmakers and regulators.A social media titan…
US Lawmakers Introduce Bill to Impose Sanctions on Iranian National Cryptocurrency
United States lawmakers have introduced a bill to levy further sanctions on Iranian financial institutions and the development and use of the national digital currency. HR 7321 was introduced in the House of Representatives by Rep. Mike Gallagher on Dec. 17.In a bid to combat money laundering and terrorism-related activities, the “Blocking Iran Illicit Finance…
Terra becomes top-10 crypto: Classic ‘bull pennant’ setup paint $100 LUNA price target
Terra (LUNA) faces the prospects of hitting $100 in the coming weeks as it paints a classic bull pennant structure.In detail, bull pennants appear as the price trends inside a triangle pattern after a strong move upside. Many analysts see it as a sign of bullish continuation, i.e., they think the instrument would eventually break above…
Crypto Analytics Firm Messari Introduces New Exchange Index Following Fake Volume Reports
Cryptocurrency analytics firm Messari has added a new index for 10 cryptocurrency exchanges, the company announced in a blog post on March 26.Messari launched a new product dubbed “Real 10 Volumes” on its OnChainFX dashboard to limit its default volume calculations to the chosen exchanges. The “Real 10” trading platforms include Binance, Bitfinex, Bitflyer, Bitstamp,…
Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K
Despite apparent sentiment shifts following this week’s price dip, experts are predicting Bitcoin will potentially reach $400,000 eventually. 1313 Total views 14 Total shares Analytics company Santiment reports that cryptocurrency sentiment has fallen to near-record low levels for 2021 — even as some experts are doubling down on $400,000 Bitcoin’s price target.Sentiment nosedived following Bitcoin’s…
WSJ: $88.6 Million in Illicit Funds Funneled Through Cryptocurrency Exchanges
A recent Wall Street Journal investigation has found that $88.6 million in ill-gotten funds have been funneled through 46 cryptocurrency exchanges, the WSJ reported September 28. $9 million of the suspect funds reportedly went through crypto exchange ShapeShift.ShapeShift is a Switzerland-based digital currency exchange that was formed in 2014 by Erik Voorhees. Unlike other trading…