FTC cracks down on ‘deceptive’ AI projects, including an AI lawyer

Fraudsters in Winnipeg, Canada, have targeted Bitcoin ATM users in the city by simply sticking a poster on the machine. Police issued a warning on Aug. 29 that following the instructions on the poster will lead to an irretrievable loss of their Bitcoin.Low-tech hack attackEven with a digital currency like Bitcoin, security ultimately lies in…

Major crypto firms, including Circle, BitGo, Coinbase and Paxos, are exploring bank charters amid evolving US stablecoin regulations, according to The Wall Street Journal. 321 Total views 2 Total shares Major cryptocurrency firms, including stablecoin issuer Circle and crypto custodian BitGo, are reportedly considering applying for bank charters or licenses. According to an April 21

Cryptocurrency payment services firm BitPay has partnered with tax-related financial products company Refundo to enable people to get a portion of their tax refund back in bitcoin (BTC). The development was announced in a press release shared with Cointelegraph on April 30.Refundo’s new product dubbed CoinRT allows taxpayers to receive all or a portion of…

A new water delivery infrastructure system powered by cryptocurrency has received a massive investment from global investment firm GEM Digital. 53 Total views 4 Total shares South Africa-based H20 Securities has reportedly raised $150 million from the GEM Digital investment firm through the sale of the H20N token.By investing such a tremendous amount, GEM Digital…

New research indicates that in countries where central bank digital currencies have been adopted or are under consideration, well-being is low.

Bitcoin (BTC) is on track to end the year with a loss of about 65%. This would mark the third negative year for Bitcoin with the other two being 2014 and 2018. In comparison, the S&P 500 has fared much better but that is also down close to 20% in 2022.Although cryptocurrency prices have seen deep cuts…

The director of Ethereum Classic’s investment branch ETC Labs revealed in an interview Thursday, Oct. 11, that it will work with as many as 24 startups each year.Elizabeth Kukko confirmed that six selected projects were currently involved with ETC Labs in a pilot scheme, with the full incubator to launch in Q1 2019.“The goal of…

Resistance is thinner than ever, while data leaves the market guessing about what will happen when Bitcoin revisits $64,500 all-time highs. 535 Total views 23 Total shares Bitcoin (BTC) is now free to surge not only to existing all-time highs but beyond, analysts have said.Analyzing orderbook data on Oct. 15, monitoring resource Whalemap revealed that…