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Business

Italy launches probe into AI data scraping
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28 November, 2023

Italy launches probe into AI data scraping

The Italian Data Protection Authority has launched a fact-finding mission to investigate how companies collect data to train their artificial...
Binance’s Changpeng Zhao in legal limbo as US judge stalls release on bail
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28 November, 2023

Binance’s Changpeng Zhao in legal limbo as US judge stalls release on bail

U.S. prosecutors challenged the terms of CZ's release, claiming that his vast wealth and the UAE’s lack of an extradition...
Paper Synthesis: Decentralized development
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28 November, 2023

Paper Synthesis: Decentralized development

In this paper, Dr. Craig Wright zooms in on decentralized systems and how such networks have the potential to unlock...
Turkey weighs digital asset regulations to curb ‘system abuse’: report
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28 November, 2023

Turkey weighs digital asset regulations to curb ‘system abuse’: report

As one of the world’s largest digital asset hubs, Turkey is focused on licensing and taxing digital asset operations to...
Easy Crypto stablecoin is pegged to New Zealand dollar
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28 November, 2023

Easy Crypto stablecoin is pegged to New Zealand dollar

The stablecoin—NZDD—is eyed to give New Zealand a “digital, programmable currency that can do everything the NZD can do,” according...
GSB Group draws ire of Texas, California over failed $175M metaverse fundraising scam
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27 November, 2023

GSB Group draws ire of Texas, California over failed $175M metaverse fundraising scam

GSB Group operated several companies, all of which solicited investment for stakes in a Dubai skyscraper and a metaverse, hiring...
$10M bank fraud, ‘crypto’ laundering scheme could land 3 people 80 years in US prison
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27 November, 2023

$10M bank fraud, ‘crypto’ laundering scheme could land 3 people 80 years in US prison

The three allegedly recruited Taiwanese and Chinese nationals in the United States to defraud several banks through double credit scams...
BIS urges central banks to move fast on CBDC as Visa stablecoin threat looms
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27 November, 2023

BIS urges central banks to move fast on CBDC as Visa stablecoin threat looms

The Bank for International Settlements general manager and the governor of South Korea’s central bank talked about the need for...
Bitcoin is an information carrier, not a store of wealth: Dr. Neil Smith
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27 November, 2023

Bitcoin is an information carrier, not a store of wealth: Dr. Neil Smith

Dr. Neil Smith's presentation at the University of Exeter was an exploration of "What is Money?" and whether digital currencies...
Binance’s Changpeng Zhao wants to go back to Dubai, serve no jail time for violating US law
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27 November, 2023

Binance’s Changpeng Zhao wants to go back to Dubai, serve no jail time for violating US law

Changpeng Zhao's refusal to serve jail time over violations of U.S. banking laws forced prosecutors to tag him as a...
Refining data to information with BSV blockchain: How Bitcoin adds context
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27 November, 2023

Refining data to information with BSV blockchain: How Bitcoin adds context

While all blockchains have the capacity to input data, BSV blockchain’s process is more intriguing and unique with its ability...
Digital yuan’s merchant fee removal worries point-of-sale manufacturers
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26 November, 2023

Digital yuan’s merchant fee removal worries point-of-sale manufacturers

China's digital yuan rollout prompts concerns among point-of-sale manufacturers about potential earnings decline, leading the PBoC to explore incentives for...