South Africa reportedly becomes the first country on the continent to require that digital asset exchanges secure licenses. South Africa’s financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by the end of the year, according to a report by Bloomberg. Financial Sector Conduct Authority (FSCA) Commissioner...Continue Reading
The CEO of the Recording Academy, known for its yearly Grammy awards, reportedly clarified that music with AI-created elements is eligible for award nominations. The music industry is coming to terms with the rise of artificial intelligence (AI) seeping into productions, as the Grammys recently clarified that AI-generated music will be eligible for awards in...Continue Reading
Binance said it is cooperating with Australian regulators to meet local regulatory requirements amid reports of office searches. Binance Australia is working with local authorities on meeting compliance requirements amid reports alleging the company’s offices were searched on July 4. “We are cooperating with local authorities, and Binance is focused on meeting local regulatory standards...Continue Reading
BTC price will have trouble breaking above $35,000, various analysts warn, as major resistance appears on Binance. Bitcoin (BTC) bulls face a tough task to bring BTC price action past $35,000, fresh analysis predicts. In its latest market update on July 5, trading firm QCP Capital flagged the mid-$30,000 range as a potential cooling-off point...Continue Reading
Another impact of Elon Musk’s Twitter limits is lower search visibility on Google, according to SEO experts. Twitter’s new rate limits severely affect the indexing and display of tweets on Google’s search engine, limiting the reach of the information shared on the microblogging site. According to web search industry outlet Search Engine Land, Google Search...Continue Reading
Crypto hackers have turned their attention towards the crypto user and “security hygiene” is more important than ever, according to Binance’s Jimmy Su. Lurking in the shadiest corners of the dark web is a “well-established” ecosystem of hackers that target cryptocurrency users with poor “security hygiene,” according to Binance’s chief security officer. Speaking to Cointelegraph,...Continue Reading
Meta’s microblogging platform is set for launch, with Twitter co-founder Jack Dorsey pointing out the apps centralization and data harvesting. Meta is planning to launch its new Twitter rival, Threads, on July 6, only days after Twitter’s “rate limit” debacle which has temporarily capped how many posts users can read per day. The platform, which...Continue Reading
Mark Cuban thinks the SEC could have saved U.S. customers from FTX had it adopted Japan’s approach to crypto regulation, but John Reed Stark disagrees. Billionaire entrepreneur Mark Cuban has again locked horns with former securities chief John Reed Stark, this time over who was ultimately to blame for FTX’s collapse and the impact on...Continue Reading
In addition to “smart accounts” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and security, says Laura Shi. Account abstraction, also known as “smart accounts” could eventually onboard a billion users from the Asia region to Web3, according to an executive at Ethereum software solutions provider ConsenSys. Speaking to Cointelegraph, the...Continue Reading
OpenAI found a bug in its Browse plugin that inadvertently allowed users to read paywalled articles in some cases. ChatGPT’s Browse, a Bing-based search engine feature, has been temporarily disabled by OpenAI after a loophole enabled users to bypass paywalled content. In a July 4 tweet, OpenAI notified users of the temporary halt so it...Continue Reading
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