Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar – lack of legislative clarity, lack of interagency coordination, etc. The Office of the Inspector General (OIG) of the United States Securities and Exchange Commission (SEC) has released its annual examination of the most serious management and...Continue Reading

The ‘GPTs’ feature potentially reduces the need for paid subscribers to enter complex prompts, the OpenAI team claimed. Artificial intelligence (AI) system ChatGPT now allows users to create their own generative pre-trained transformers (GPTs), according to a November 6 blog post from developer Open AI. This means that users can now create custom ChatGPT apps...Continue Reading

Bitcoin price is consolidating near $35,000. Will altcoins capitalize on the sideways price action and move higher? Bitcoin’s (BTC) marginal rise of about 1.5% last week suggests that traders are cautious at higher levels but they are not rushing to the exit. The bears have been in hibernation for the past few days but if...Continue Reading

It’s not expected to come into force until 2025, but new publications from the FCA and BOE shed light on regulators’ thinking. A suite of documents was published in the United Kingdom on Nov. 6 that concern stablecoin regulation. The Financial Conduct Authority (FCA) released a discussion paper, as did the Bank of England (BOE)....Continue Reading

Bankman-Fried’s crimes each carry a maximum sentence of five to 20 years in prison. Former FTX CEO Sam “SBF” Bankman-Fried’s public trial in a New York court ended with the jury finding him guilty on all seven charges on Nov. 3, including two counts of wire fraud, two counts of wire fraud conspiracy, one count...Continue Reading

Is artificial intelligence the best invention for scammers since the internet began? Here’s one story of an AI-generated law firm sending threats to win backlinks. A new artificial intelligence-backed scam is as multi-faceted and lengthy as it is unconvincing  — at least for would-be victims who dig below the surface. I recently received a threatening...Continue Reading

Bitcoin recaptured a key price level and a handful of altcoins look poised to breakout. The S&P 500 Index soared 5.85% last week, its best performance since November 2022. A large part of the gains were fuelled by expectations that the Federal Reserve will not hike rates anymore.  In comparison, Bitcoin (BTC) had a much...Continue Reading

The exchange’s share in crypto spot trading was slashed by one-third over the past year. Crypto exchange Binance’s market share in spot trading has fallen to 40% in late 2023, compared to 62% a year ago. According to the November 6 report by blockchain analytics firm 0xScope, the exchange has lost one-third of its market...Continue Reading

ShuttleFlow will change ownership to be operated and developed by Zero Gravity. ShuttleFlow, the ecosystem multichain protocol operated and maintained by Conflux Foundation, also known as the Shanghai Tree-Graph Blockchain Research Institute, will shut down after two years.  The ShuttleFlow technology stack will instead be transferred to Web3 studio Zero Gravity, which will continue to...Continue Reading

This latest report from Cointelegraph Research dives into the tsunami of solutions coming onto the market that improve security, privacy and speed from existing protocols. The long-awaited “crypto spring” may be upon us as Bitcoin (BTC) and other cryptocurrency markets rise in anticipation of a full-on bull market.  Over the recent crypto winter, many different...Continue Reading