xAI engineer quits after post on Grok 3 AI ranking
An AI engineer at xAI resigned after refusing to delete a post ranking AI models, including the upcoming Grok 3, sparking a free speech debate.
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Breaking news: US financial regulator FinCEN hires its first-ever chief digital currency advisor
The Financial Crimes Enforcement Network is looking to broaden its enforcement measures in the cryptocurrency sector with its latest hire. The Financial Crimes Enforcement Network, or FinCEN, has recruited Michele Korver, formerly of the United States Department of Justice, to serve as the agency’s first chief digital currency advisor.In her role, Korver will be tasked…

Research: There could be 24 CBDCs live by 2030
93% of the central banks are already conducting research on central bank digital currencies, 68% are still not ready to launch their digital money. As 93% of the central banks are already conducting research on central bank digital currencies (CBDCs), the uncertainty about this form of digital money among them fades. There could be up…

ETH 2.0 represents a material risk to Grayscale’s Ethereum Trust, says SEC filing
The uncertainties outlined in the document may offer significant insights for Grayscale's investors. 1204 Total views 4 Total shares According to the latest SEC disclosure by the Grayscale Ethereum Trust, or ETHE, the impending transition of Ethereum (ETH) to the proof-of-stake consensus represents a risk that could have a “material adverse effect” on its shares.The…

Ondo’s USDY yield coin expands to Arbitrum
Tokenized treasury products are gaining widespread adoption on blockchain networks.

US SEC Files Charges Against Bitcoin-Backed Securities Dealer
The U.S. Securities and Exchange Commission (SEC) has filed charges against international securities dealer 1pool Ltd., which was offering Bitcoin-funded security-based swaps, according to an SEC announcement published September 27.Per the SEC, the case involves the Marshall Islands-based corporation 1pool Ltd., which provides cryptocurrency-related services and stands behind 1broker.com, and its Austria-based CEO Patrick Brunner.…

Portfolio rebalancing through DeFi must be simplified to see adoption
Central banks and key leaders are increasingly raising further alarms for rising inflation, causing spirals of doubt across the world. Just recently, United States Treasury Secretary Janet Yellen called for Congress to either raise or suspend the U.S. debt ceiling, stating that the government will run out of money to pay its bills by October.What seems…

Malaysia’s Finance Minister Says Crypto Issuance Must Defer to Central Bank
Malaysian Finance Minister Lim Guan Eng has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank, Bank Negara Malaysia (BNM). The minister’s comments were reported by local English-language daily broadsheet the New Straits Times (NST) Nov. 26.The finance minister outlined his stance in response to a question from parliamentary…

Japanese soccer star Keisuke Honda launches his own crypto
Crypto and blockchain matter for the global soccer community. A Japanese professional soccer player is launching his own cryptocurrency to boost fan engagement.Keisuke Honda, former Japan midfielder and currently a captain of the Brazilian professional league team Botafogo, has launched his own token to build new connections with his fans, Cointelegraph Japan reported on Oct.…