Cointelegraph By Savannah Fortis
The brokerage firm Interactive Brokers Hong Kong has been licensed in Hong Kong for virtual asset trading by retail clients, according to a post on LinkedIn by the Managing Director for Asia Pacific at Interactive Brokers, David Friedland.The post said the trading of virtual assets is currently in Bitcoin...
The crypto space has been making its feelings known about a lawsuit filed by the United States Securities and Exchange Commission (SEC) against the crypto exchange Kraken. The lawsuit, filed on Nov. 20, is based on the SEC’s allegations that Kraken has been operating as an unregistered exchange, broker, dealer...
The financial services provider Mastercard revealed a new partnership with artificial intelligence (AI) firm Feedzai, according to reports from CNBC on Nov. 20. Mastercard says this integration aims to boost its ability to detect and prevent fraud routed through cryptocurrency exchanges. According to the report, Feedzai will be integrated directly...
Microsoft CEO Satya Nadella posted on X, stating that the company is hiring both former OpenAI CEO Sam Altman and president Greg Brockman.On Nov. 20, Nadella posted that he is “extremely excited to share the news that Sam Altman and Greg Brockman, together with colleagues, will be joining Microsoft to...
The European Union has been actively preparing for what it envisions as the future of money. In the past year, it finalized its landmark comprehensive crypto legislation, the Markets in Crypto-Assets Regulation (MiCA), which is due to take effect in 2024 after closing its second consultation in October. It has also...
The rise of artificial intelligence has introduced new possibilities for human expression and capabilities to create content. Simultaneously, the ability to do almost anything and to do so with a digital AI-generated identity has caused new problems to troubleshoot. According to data from Sumsub, the portion of fraud stemming from...
Bankrupt crypto companies FTX and BlockFi are allowed to proceed in negotiations for their claims settlement, according to a new court filing.On Nov. 13, United States bankruptcy Judge Michael Kaplan ordered the end of an automatic holding placed on proceedings between the two firms. FTX debtors can now pursue...
The Block, a crypto-focused media company, sold a majority stake of its company to a venture capital firm in Singapore, according to Axios, which has valued it at $70 million.Foresight Ventures, the firm behind the deal, is buying an 80% stake for $60 million. The venture capital (VC) firm...
The Hollywood actors’ union SAG-AFTRA concluded its strike on Nov. 9 after 118 days of picketing with new deals on various proposed stipulations including artificial intelligence (AI) usage. Since then, the union has released a summary of its final deal with studios, which included nearly 4.5 pages of AI guidelines...
The Chinese government released a statement on Nov. 10 declaring that anyone stealing digital collections, such as nonfungible tokens (NFTs), will be subject to theft sentences.It outlines three views on the type of crime that theft of digital collections falls under, the first two classifying it as either...
