The United States government has signalled that it is actively monitoring the impact of artificial intelligence (AI) surveillance on employees in light of the rapid advancements of the technology. On May 23, 2023, White House officials announced their...
Foresight Ventures, a Singapore-based venture capital firm, has announced its commitment to invest an additional $10 million into its Foresight X Accelerator program. This brings the total funding for the accelerator to $20 million. The decision comes alongside...
A recent study conducted by Elliptic, a leading provider of blockchain analytics and crypto compliance solutions, has shed light on the alarming connection between the fentanyl epidemic in the United States and cryptocurrency transactions. The research identified over...
Bitget has recently received regulatory approval to operate as a virtual asset service provider (VASP) in both Poland and Lithuania. The crypto exchange announced this in a press release on May 23, 2023, signaling its ambition to expand...
Bitcoin of America, a leading provider of cryptocurrency and Bitcoin ATMs, has reached an agreement with the Connecticut Department of Banking (DOB) to cease operations in the State amid licensing concerns. The DOB issued a statement on May...
The Federal Bureau of Investigation (FBI) has issued a public announcement warning Americans residing overseas or travelling abroad about a fraudulent crypto job advertisement. On May 22, 2023, the FBI alerted individuals to deceptive employment ads linked to...
Hong Kong's Securities and Futures Commission (SFC) has announced that regulated platforms will soon be able to serve ordinary investors on the island. In a statement released on May 23, 2023, the SFC encouraged owners of virtual asset...
A recent case of fraud in northern China has raised concerns about the potential misuse of advanced "deepfake" technology for financial crimes. The incident involved the use of AI-generated voice and facial data to deceive a man into...
The Securities Commission Malaysia (SCM) has ordered Huobi Global to cease its operations in Malaysia. As part of the enforcement action, Huobi has been directed to remove its website and mobile apps from the Apple Store and Google...
Ethereum co-founder Vitalik Buterin has raised concerns about the potential overload of Ethereum's social consensus in a recent blog post titled "Don't Overload Ethereum's Consensus." Published on May 21, 2023, Buterin discussed the significance of this issue and...
