The Financial Conduct Authority warns that the crypto exchange is operating without proper authorization. The United Kingdom’s Financial Conduct Authority (FCA) has added crypto exchange Poloniex to its warning list of non-authorized companies. The Seychelles-based exchange is one of the three companies owned by or affiliated with entrepreneur Justin Sun that have suffered four hacks...Continue Reading

Concerns over potential misuse of AI have prompted the U.S., U.K., China, and the G7 to speed up regulation of the technology, though Europe is already way ahead. The surge in generative AI development has prompted governments globally to rush toward regulating this emerging technology. The trend matches the European Union’s efforts to implement the...Continue Reading

All eligible customers in the EU region can access Robinhood crypto for crypto trading services, with over 25 cryptocurrencies available for trade.  Trading and brokerage firm Robinhood announced the launch of its crypto services for all eligible European Union customers on 7 December. The platform will allow traders to buy and sell more than 25...Continue Reading

Meta will make use of a deep-learning model to apply watermarks to images generated with its AI tool, which would be invisible to the human eye. Social media giant Meta, formerly known as Facebook, will include an invisible watermark in all images it creates using artificial intelligence (AI) as it steps up measures to prevent...Continue Reading

Dashjr rejected blame for accusations aimed against Ocean and asked Samourai Wallet to fix the bug “on your end.” Bitcoin (BTC) wallet provider Samourai Wallet has accused Bitcoin mining pool Ocean of censoring Whirlpool CoinJoin transactions and BIP47 notification transactions from Dec. 6. However, Ocean’s top executive has denied the claims while asking the Bitcoin...Continue Reading

Bitcoin buyers from the past cycle are more stubborn than ever before, data shows, even after 165% year-to-date BTC price gains. Bitcoin (BTC) has gained a new generation of hodlers in the past three years as stubborn investors refuse to sell. Data from the popular HODL Waves metric shows that those who bought Bitcoin in...Continue Reading

Presidential candidate Vivek Ramaswamy has slammed Gary Gensler and the SEC at the Republican presidential debate. Presidential hopeful Vivek Ramaswamy came down hard on SEC chair Gary Gensler and other “three letter agencies” during the recent Republican presidential debate, claiming that regulators had failed to keep up with crypto. During the 4th Republican presidential debate...Continue Reading

Short sellers have lost more than $6 billion trying to bet against crypto stocks in 2023. Crypto industry short sellers have lost at least $6 billion trying to bet against publicly-traded crypto firms this year, due largely to Bitcoin’s (BTC) outsized rally since Jan. 1. According to a Dec. 5 report from research firm S3...Continue Reading

Google has deployed its newest weapon in the AI arms race, a new artificial intelligence model that it claims is smarter and more powerful than OpenAI’s GPT-4. Tech giant Google has officially rolled out Gemini, its latest artificial intelligence model that it claims has surpassed OpenAI’s GPT-4. On Dec. 6, Google CEO Sundar Pichai and...Continue Reading

Crypto proponents on X wasted no time pointing out the hypocrisy of JP Morgan CEO Jamie Dimon’s recent remarks to the United States Banking Committee about Bitcoin and crypto. JPMorgan CEO Jamie Dimon is being hauled over the hot coals on crypto X (Twitter) after claiming Bitcoin (BTC) and cryptocurrency’s “only true use case” is...Continue Reading