Data shared by CertiK showed that a third of the losses from 50 of the largest crypto exploits in 2023 ended up in the Bitcoin network. While Bitcoin’s decentralization gives many the freedom to transfer assets without the risk of censorship, malicious actors are also taking advantage of the network’s inherent privacy to move their...Continue Reading

Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions. Binance and other cryptocurrency firms based in the United Arab Emirates are optimistic that the country will remain a hotspot for virtual assets despite a potential shift to the United States should the Western superpower...Continue Reading

Should longer-term assets be allowed as reserve assets, the committee believes these must overcollateralize the claims of stablecoin holders. The Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) proposed several measures on targeted adjustment to its standard on banks’ exposure to cryptoassets. A consultative document was published on the BIS website...Continue Reading

German media giant Axel Springer has partnered with OpenAI to seek ways to enhance ChatGPT by integrating journalism into AI to reduce AI “hallucinations.” Axel Springer, one of the largest media companies in Europe, is collaborating with OpenAI to integrate journalism into ChatGPT artificial intelligence (AI) technologies, the German publisher said in a statement on...Continue Reading

Bitcoin traders’ cold feet subsides as BTC price strength takes the market back to $43,000. Bitcoin (BTC) is displaying fresh bull run signals as BTC price strength produces 7% daily gains. Data from Cointelegraph Markets Pro and TradingView hints that upside momentum may continue as on-chain metrics reset. Bitcoin “needed to cool off” after hitting...Continue Reading

The United Kingdom’s financial regulator has published a pixelated, video game-styled Wild West cartoon to enlighten investors. The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), has vigorously promoted its marketing rules for crypto firms since they were published in June. It’s now found a way to bring them to life, in the form...Continue Reading

The head of the Philippines SEC clarified that Binance and any other unregistered exchange issued with an advisory has three months before they’re banned from the country. The Philippine Securities and Exchange Commission head Kelvin Lee clarified in a panel on Dec. 13 that the ban on Binance would come into effect three months after...Continue Reading

Tapping into underlying blockchain infrastructure, Nodle’s Click application allows users to authenticate media content for various use cases. Decentralized infrastructure network provider Nodle has released the first version of its blockchain-based media authentication application called Click, which could prove useful in combatting artificially generated media and fake news.  As previously reported by Cointelegraph, Nodle has...Continue Reading

In 2023, Yi 34B, Falcon 180B and Mixtral 8x7B emerged as some of the top open-source AI that showcased comparable performance to market leaders. While generative artificial intelligence (AI) models backed by centralized cloud infrastructure — such as ChatGPT — currently lead on overall performance, new research shows that open-source competitors are catching up. The...Continue Reading

With the expectation of further rate cuts heading into 2024, analysts say this could be a “positive boost” for crypto stocks and investment products. A decision from the United States Fed to pause and possibly lower interest rates next year will likely serve as a “positive boost” for cryptocurrencies and crypto stocks. In a Dec....Continue Reading