Sam Altman expects first AI workers this year, OpenAI closer to AGI
“We are now confident we know how to build AGI as we have traditionally understood it,” said OpenAI boss Sam Altman.
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Presumed Guilty: Financial Watchdogs See Crypto as Illicit by Default
Recently, financial regulators around the world have been growing concerned about the role of cryptocurrency in money laundering and financing of various illicit activities. The first two months of 2020 saw many governments acting on these concerns and introducing a variety of legal measures designed to bolster their defenses against financial cybercrime allegedly facilitated by…

Chainalysis reveals how Bybit hackers stole $1.4 billion in crypto
Chainalysis said collaborative security efforts across the crypto community have led to freezing $40 million of stolen funds from the Bybit hack.

DeFi market fell off cliff in Q2 but users haven’t given up hope: Report
While on-chain activity slowed down, the DeFi industry has managed to retain most of its daily active users. 427 Total views 12 Total shares Despite the decentralized finance (DeFi) market suffering a 74.6% market cap decline in Q2, user activity has remained relatively resilient, says CoinGecko. In a report published by the crypto data aggregator on…

Tencent’s AI leviathan, $83M scam busted, China’s influencer ban: Asia Express
Tencent builds a LLM with over 2 trillion training parameters, $83 million crypto scam busted in South Korea, China cracks down on crypto KOLs, and more... by Zhiyuan Sun 5 min September 8, 2023 Share Tweet Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. $500B firm partners

Poloniex Joins Fight for Institutional Investor Market With Dedicated Accounts
U.S. cryptocurrency exchange Poloniex has launched a dedicated offering for institutional traders, the company announced in a blog post Dec. 4.Poloniex, which merged with financial services company Circle in February this year, currently ranks 47th in the world among crypto exchanges by trade volume.The exchange joins an increasing array of operators looking to service the…

MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2
As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the digital asset. 1027 Total views 53 Total shares Business intelligence and mobile software firm MicroStrategy has pledged to buy more Bitcoin despite reporting impairment losses…

Binance cuts withdrawal limits, rolls out tax reporting tool
Existing Binance users will not be able to withdraw more than 0.06 BTC per day without completing full KYC verification, effective in August. 1675 Total views 63 Total shares Binance, the world’s biggest cryptocurrency exchange by trading volumes, continues its efforts to maintain dialogue with global regulators by introducing withdrawal limits and a new tax…

DeFi hacks on Binance Smart Chain rise as TVL and volumes increase
Binance Smart Chain, or BSC, was launched in September 2020 as a parallel blockchain to Binance Chain. It enabled the creation of smart contracts and a staking mechanism for the native token of both blockchains, Binance Coin (BNB). In its brief nine-month existence, there have been a lot of decentralized finance, or DeFi, projects built on…