Is mysterious ΑΙ ‘gpt2-chatbot’ OpenAI's next upgrade in disguise?

SEC Commissioner Pierce believes that DeFi founders’ only hope to bypass financial regulation is to ensure full decentralization from launch. 579 Total views 6 Total shares Hester Pierce of the U.S. Securities and Exchange Commission — colloquially known as 'Crypto Mom,' has warned of rampant “shadow-centralization” within the decentralized finance (DeFi) sector.Speaking to outspoken DeFiWatch…

Regulators are tasked with balancing between protecting consumers and creating environments where entrepreneurs and the private sector can thrive. When markets face distortions, perhaps due to an externality or information asymmetry, regulation can play an important role.But regulation can also stifle entrepreneurship and business formation, leaving society and its people worse off. The United States…

Though the FSCA is an agency of the South African government, Binance claimed the country’s Financial Intelligence Centre was the “major regulator” with which it had been working to be in compliance with local laws. 493 Total views 10 Total shares In response to a warning from South Africa’s Financial Sector Conduct Authority, major cryptocurrency…

Asset tokenization has long been regarded as one of the most compelling applications of blockchain technology. Back in June 2019, the United States investment banking giant BNY Mellon declared it has the potential to “dramatically change the dynamic” for investors and unlock opportunities that were previously out of reach. Real estate is an inevitable place to…

Head of international policy at Chainalysis explains why crypto is not a silver bullet for evading international sanctions. 213 Total views 9 Total shares As pointed out by Caroline Malcolm, head of international policy at Chainalysis, the transparent nature of blockchain technology makes it relatively easy for crypto intelligence companies to track funds related to…

The change in leadership at Tether reflects its commitment to actively exploring new business operations, the company said. 177 Total views 15 Total shares Tether, the issuer of the world’s largest stablecoin by market capitalization, is replacing its CEO as the company works to expand its areas of focus.Paolo Ardoino, who has been serving as

Celsius CEO Alex Mashinsky wasn’t trying to leave the U.S. last week but has continued to work on recovering liquidity and operations, the company has claimed. 683 Total views 6 Total shares Troubled crypto lending firm Celsius is putting their best foot forward to recover operations alongside CEO Alex Mashinsky, who currently stays in the…

Bitcoin (BTC) is trading down 1.72% over the last 24 hours and 1.5% for today’s session.  Looking at performance relative to its peers and in contrast, Ether (ETH) and EOS have also posted losses over the last 24 hours but remain somewhat more resilient. As a result, Bitcoin dominance is down 63.7%. Crypto market daily performance.…

Hong Kong’s financial watchdog says it is concerned over the rising popularity of stablecoins, as it invites the public to give their say on the merits and challenges of e-HKD. 157 Total views 17 Total shares The Hong Kong Monetary Authority (HKMA) has warned that stablecoins could undermine the Hong Kong dollar in a just…