Meta is testing the use of facial recognition to fight deepfake celeb ads
Meta will test the facial recognition technology from 50,000 celebrities and public figures to curtail the “celeb-bait” scams.
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Circle CSO lays out policy principles for stablecoins in US
Dante Disparte hinted the U.S. could take a leading role in stablecoin regulation in an effort to “avoid trans-Atlantic or global misalignment." 36 Total views 2 Total shares Dante Disparte, Circle’s chief strategy officer and head of global policy who has previously testified at congressional hearings, has called on United States lawmakers to balance the…

Russian government prioritizes blockchain development
Russia is supercharging its development of blockchain, quantum computing, AI and 5G. Russian First Deputy Prime Minister Andrey Belousov, addressing the higher chamber of the Russian parliament on Wednesday, named blockchain as one of the technologies that the government will prioritize in the near future.Belousov said that the government will support technologies that facilitate the interactions…

Meme pioneer launches NFT lolcats on OpenSea
Meme master ‘Cheezburger’ is releasing a series of NFTs based on his website’s famous captioned ‘lolcat’ photos. 3225 Total views 9 Total shares The original “I Can Has Cheezburger?” meme has become the latest symbol of popular culture to be immortalized as an NFT.The meme’s creator, Eric Nakagawa, announced his foray into a series of…

Mastercard partners with Indonesian crypto gateway to drive financial inclusion
Navin Jain, an executive at Mastercard Indonesia, said that Mastercard will support Fasset’s efforts to drive financial inclusion in the country. 81 Total views 2 Total shares Financial services firm Mastercard has partnered with crypto gateway provider Fasset to co-develop digital solutions that may drive adoption in Indonesia. The collaboration aims to expand financial inclusion…

Bitcoin ‘dormant’ for 7+ years moved right before BTC price dropped 5%
Bitcoin (BTC) dived $3,000 into the morning of April 1 as a widely-predicted pullback seemed to accompany fresh moves by major investors. As revealed by the Whale Shadows indicator, over 11,000 BTC suddenly left its wallet on March 29, having previously sat there for most of a decade.Dormant coins echo December 2017Whale Shadows, coined by analyst…

$200M BitGet BTC-USDT protection fund hints at investor-centric trend
Bitget’s reasoning behind using a combination of a stablecoin and Bitcoin in the protection fund is to counter massive unforeseen volatility in crypto markets. 208 Total views 5 Total shares With the ultimate goal to regain investor confidence amid a prolonged bear market, crypto derivatives exchange Bitget launched a $200 million fund to safeguard users’…

SEC is ‘wrongfully attempting’ to police crypto markets: Paradigm counsel
Rodrigo Seira has blasted the SEC for overstepping its jurisdiction in its case against crypto exchange Bittrex. Crypto investment firm Paradigm’s Special Counsel Rodrigo Seira has become the latest to slam the United States securities regulator, this time for “wrongfully” pursuing crypto exchange Bittrex in an attempt to police secondary crypto markets.In a July 11…

Hong Kong makes HKVAX third licensed retail crypto exchange
HKVAX is the first to be licensed under the region’s new licensing regime, as 16 more exchanges wait.