The project now includes central and commercial banks from China, Hong Kong, Thailand and the UAE. Future new members were not identified. Project mBridge may soon see significant expansion, according to Hong Kong Monetary Authority (HKMA) CEO Eddie Yue. He outlined the plans for the central bank digital currency (CBDC) project in a speech in...Continue Reading

The Isle of Man and Florida-based computing startup Lonestar are partnering with NASA to pioneer a blockchain-verified, data storage solution on the Moon. NASA and its partners Lonestar, a computing startup based in Florida, and the Isle of Man, will send a payload to the Moon containing “data cubes” in February of 2024. The data...Continue Reading

While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure. Hong Kong regulators are looking to tighten the noose around the crypto market after arresting six individuals following allegations of fraud around an unlicensed crypto exchange, JPEX. The government intends to increase its efforts to inform investors and...Continue Reading

Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC’s reasoning in its Sept. 22 objection. The United States Securities and Exchange Commission (SEC) has filed an objection to Celsius Network’s reorganization plan based in part on the regulator’s own ongoing lawsuit with crypto exchange Coinbase. In a...Continue Reading

OpenAI collaborated with professional voice actors to train the models to speak. The generative artificial intelligence (AI) space continues to heat up as OpenAI has unveiled GPT-4V, a vision-capable model, and multimodal conversational modes for its ChatGPT system.  With the new upgrades, announced on Sept. 25, ChatGPT users will be able to engage the chatbot...Continue Reading

Xiaodong Feng, Mixin’s founder, immediately outlined a compensation plan but would only reimburse up to 50% of users’ assets for now. Hong Kong-based decentralized cross-chain transfer protocol Mixin Network is drawing controversy over the disclosure of a $200 million hack on Sept. 25. In a post on Sept. 25, Zhuoer Jiang, CEO of Bitcoin mining...Continue Reading

The strength in the United States dollar index could keep Bitcoin and select altcoins under pressure in the near term. Bitcoin’s (BTC) weakness on Sep. 24 shows that the bears remain in control. Sellers are trying to pull the price below $26,000 but the bulls are likely to defend the level with vigor. Buyers are...Continue Reading

Bitcoin faces the highest levels in the U.S. dollar index (DXY) of 2023 so far as BTC price action wobbles. Bitcoin (BTC) hugged $26,000 at the Sep. 24 Wall Street open as a weekly close “nosedive” brought lasting consequences. BTC/USD 1-hour chart. Source: TradingView Bitcoin must preserve support now, analysis says Data from Cointelegraph Markets...Continue Reading

HTX crypto exchange has been hacked, but it claims to know the identity of the attacker. Huobi Global’s HTX crypto exchange was hacked on Sept. 24, according to a report from blockchain analytics platform Cyvers. A total of $7.9 million of crypto has been drained in the attack. A known Huobi hot wallet posted a...Continue Reading

Amazon and the AI startup Anthropic have entered into an investment agreement that invests $4 billion into the start-up to develop high-performing foundation models. Amazon and artificial intelligence (AI) startup Anthropic have announced a new investment agreement to aid the research and development of new high-performing foundation models.  In a post on X, formerly Twitter,...Continue Reading