Binance, the world-renowned cryptocurrency exchange, recently announced an innovative promotional campaign to raise the profile of its USDC Perpetual Margin Contracts. The move is part of Binance’s broader strategy to diversify its offerings and drive user engagement in the ever-evolving crypto futures market. Understanding Promotion The promotion, which targets both regular and VIP 1-3 users, … Read more
A proposal was initiated by StakeLab, a key staking and relaying hub, to potentially adjust ATOM’s minimum inflation rate, Cosmos the network’s native cryptocurrency, down to 0%. This proposal, which was presented on January 9, 2024, aims to revolutionize ATOM’s Tokenomics, potentially changing the rate of inflation from the current range of 7% to 20% … Read more
OpenAI, a leading artificial intelligence research lab, has dismissed a copyright lawsuit filed by The New York Times (NYT) as “baseless.” The lawsuit, which was revealed by the NYT, accuses OpenAI of using the newspaper’s content to train its AI chatbots, such as GPT-4 and DALL-E 3, without permission. The move by the NYT represents … Read more
The world’s largest asset manager, BlackRock, Inc., has just revealed that the price of its planned spot Bitcoin exchange-traded fund (ETF) will now be 0.25% instead of 0.30%, according to Reuters. This action comes amid a competitive market where several investment managers, such as Ark Investment Management, are vying for a position in the Bitcoin … Read more
The recently famous whistleblower Edward Snowden attacked Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), for a serious error involving a fraudulent statement regarding the approval of a bitcoin spot exchange-traded fund (ETF). Gensler was accused of making the announcement in an inaccurate manner. Because of this event, concerns were raised … Read more
Recently, a research paper titled “Quantifying the Stability of Non-Power-Seeking in Artificial Agents” presents significant findings in the field of AI safety and alignment. The main question addressed in the paper is whether an AI agent that is considered safe in a given environment remains safe when deployed in a new, similar environment. This concern … Read more
There has been much controversy and calls for an investigation by the United States authorities as a result of the recent security breach of the US Securities and Exchange Commission (SEC) social media account. This breach led to the fraudulent announcement of approval for a Bitcoin Exchange Traded Fund (ETF). It is important to note … Read more
Binance, KrakenMexc and Kucoin are among the biggest cryptocurrency exchanges ever directed by India’s Financial Intelligence Unit (FIU), which took further action against them by deleting their apps from the Apple App Store in India. As a result of the introduction of new rules for taxation of virtual currencies in the previous year, this new … Read more
Singapore’s financial regulatory landscape has recently strengthened its scrutiny of cryptocurrency-related businesses, as evidenced by the Monetary Authority of Singapore’s (MAS) decision to black list ImToken, a non-custodial crypto wallet provider. The move underscores Singapore’s proactive stance in regulating the burgeoning crypto sector, with the aim of protecting investors and maintaining the stability of the … Read more
There are currently about ten fund companies preparation to launch spot virtual asset exchange-traded funds (ETFs) in Hong Kong, according to Caixin. The move positions Hong Kong as the first market in Asia to allow the listing of such ETFs, marking a remarkable shift in the region’s approach to virtual assets. This development comes as … Read more