A tech CEO proposes “democratizing” AI by using decentralized data crowdsourcing. Decentralized Data Crowdsourcing: A Path to Bias-Free AI Technologist and CEO of Synesis One, Isaac Bang, warns against the “extremely dangerous” scenario of a few tech giants hoarding data and leading the artificial intelligence (AI) race. He argues for the “democratization” of AI power, […]
Funtico’s CCO says early Web3 games failed due to poor infrastructure but says the industry has shifted its focus to improving this. Collaboration: A Win-Win for Web2 and Web3 Gaming Doron Wesly, Chief Commercial Officer (CCO) at Funtico, argues that early Web3 games struggled to compete with their Web2 counterparts due to limitations in infrastructure. […]
The dominance of Ethereum in defi makes it the top choice for stability and institutional-grade projects but Solana’s speed and affordability could see it outpace Ethereum in relative gains. Ethereum vs Solana: Who Emerges on Top Ethereum (ETH) and Solana (SOL) are two powerhouses in the blockchain industry, each representing different approaches to scalability, decentralization, […]
Binance expands its compliance team to meet the growing needs of the crypto industry and its user base. Compliance Remains Vital for Binance By the end of the year, Binance, one of the world’s largest cryptocurrency exchanges, plans to have 645 full-time compliance staff members—a 34% increase from November 2023—as it continues to expand its […]
India’s financial services secretary expressed deep skepticism about cryptocurrency, calling it a doubtful scheme, despite the nation’s top crypto adoption ranking. Indian Official Speaks Out: ‘Very Skeptical of Cryptocurrency’ M. Nagaraju, Secretary of India’s Department of Financial Services (DFS), expressed strong doubts about cryptocurrencies during the SBI Banking & Economics Conclave on November 18, 2024. […]
The SEC seeks to compensate investors in Mila Kunis-backed Stoner Cats NFTs, which were deemed an unregistered securities offering that violated federal law. Stoner Cats Investors to Be Compensated Under SEC’s Proposed Fund Plan The U.S. Securities and Exchange Commission (SEC) has announced a proposed plan to distribute funds collected from Stoner Cats 2 LLC […]
BTC and XRP challenge securities classifications as a legal expert argues underlying assets are distinct from investment contracts, intensifying calls for regulatory clarity in crypto markets. BTC and XRP Lead Legal Shift in Crypto Investment Contract Standards A well-known advocate in the cryptocurrency community, John E. Deaton, has strongly criticized the conflation of crypto assets […]
The Financial Industry Regulatory Authority (FINRA)’s new crypto guidelines spotlight risks and FOMO-driven decisions, with advice on crypto investing. New Crypto Guidelines Highlight Key Challenges for Crypto Investors The Financial Industry Regulatory Authority (FINRA) has introduced a comprehensive guide for investors exploring the world of crypto assets. FINRA is a non-governmental organization that oversees brokerage […]
PRESS RELEASE. On October 15, HTX DAO announced the successful completion of its $HTX token burn for Q3 2024. In the quarter alone, over $21.25 million worth of $HTX tokens were burnt. This marks a significant shift in the platform’s liquidity strategy, as HTX DAO has opted to discontinue its previous ecosystem liquidity pledge mechanism […]
In the SEC’s latest report detailing the Examination Priorities for 2025, the Commission has reinforced its gameplan to keep a close eye on the crypto industry. As the market for digital assets continues to grow in both size and complexity—particularly with the introduction of Bitcoin ETFs and similar ETH products—the SEC’s Division of Examinations is […]