Hong Kong’s First Spot Bitcoin ETF Gains Approval, Echoing US SEC’s Move

Hong Kong’s Securities and Futures Commission approves its first spot bitcoin ETF, following the lead of the US SEC, signaling an important milestone for the cryptocurrency in mainstream finance. Hong Kong’s Securities and Futures Commission (SFC) has approved its first spot Bitcoin exchange-traded fund (ETF). This groundbreaking move follows in the footsteps of the United … Read more

OpenAI’s ChatGPT Under GDPR Investigation in Italy: Facing 30-Day Defense Deadline

The Italian data protection authority, Garante, has raised concerns about potential GDPR violations by OpenAI’s ChatGPT, requiring OpenAI to protect the processing of personal data for 30 days. The Italian data protection authority, Garante, raised concerns for potential violations of the European Union’s General Data Protection Regulation (GDPR) by OpenAI’s ChatGPT. This follows a months-long … Read more

Binance Labs Clarifies Non-Involvement in SkyArk Chronicles’ Claimed Investment

Binance Labs recently clarified its non-participation in SkyArk Chronicles’ stated $15 million investment round, highlighting the need for factual accuracy and transparent communication in blockchain project investments. Binance Labs, a major player in the blockchain and cryptocurrency investment industry, has addressed the uncertainty surrounding its participation in a funding round for SkyArk Chronicles, a project … Read more

Solana (SOL) Foundation Entrusts Hackathons and Accelerator Programs to Colosseum

The Solana Foundation is transferring management of its hackathons and accelerator programs to Colosseum, with the goal of enhancing the Solana ecosystem with significant funding and developer support. The Solana Foundation (SOL) is taking a strategic step to improve its blockchain ecosystem by transferring management of its hackathons and accelerator programs to Colosseum. The move … Read more

Parents Demand Action Against AI-Influencers on TikTok

ParentsTogether, a prominent non-profit organization, issued an open letter to TikTok CEO Shou Zi Chew calling for explicit labeling of AI-generated influencers. The letter, representing more than 12,000 parents, expressed concern about the impact of these digital personalities on young people’s perception of beauty standards. ParentsTogether, a leading non-profit organization for parents and families, has … Read more

Google to Unleash Bitcoin ETF Ads

Google will allow the listing of Bitcoin and other cryptocurrencies, including Bitcoin ETFs, on its platform from January 29, 2024. This move is important for the blockchain and cryptocurrency sectors as it increases exposure and awareness among a wide audience. The rule change will require advertisers to comply with local regulations. Starting January 29, 2024, … Read more

News Industry Grapples with Financial Woes and AI Disruption

The news industry is facing declining advertising revenue, declining subscriber growth and AI-driven disruption, necessitating strategic changes and litigation to adapt to digital advertising trends. News organizations are currently navigating a challenging landscape marked by financial setbacks and evolving technological dynamics. Decline in online advertising revenue and subscriber growth combined with litigation over AI-driven chat … Read more

AI’s False Promises: CFTC Warns of Soaring Crypto Scams

The US Futures Trading Commission (CFTC) has alerted the public to the surge in AI-driven cryptocurrencies, highlighting the technology’s inability to predict market trends and the dangers of misleading claims of high returns. The US Commodity Futures Trading Commission (CFTC) raised concerns for the growing number of cryptocurrency scams they use AI (AI). This advisory, … Read more