With the advent of big data, artificial intelligence (AI) has emerged as a game-changing technology, revolutionizing various industries. The finance sector, in particular, has witnessed the transformative power of AI algorithms in unlocking valuable insights from massive amounts of market information. As AI continues to reshape financial services, it has the potential to democratize access
Australia’s Assistant Treasurer Stephen Jones has expressed concern over the Australian Securities Investment Commission (ASIC) for failing to issue warnings to consumers regarding the potential dangers of the HyperVerse crypto scheme. This article will delve into the reasons behind ASIC’s inaction and shed light on the implications of this oversight. Upon reviewing the recent Guardian
TechCrunch reporter Jacquelyn Melinek recently provided an update on the expected timeline for spot Bitcoin exchange-traded fund (ETF) approvals. In a statement posted on Jan. 5, Melinek acknowledged that her previous prediction of an imminent approval was not on track. According to her sources, approvals could now be expected next week, but with “no definitive
North Korea’s involvement in cyber theft has had a significant impact on the cryptocurrency market. In 2023, blockchain intelligence company TRM Labs revealed that over $600 million worth of crypto had been stolen by the country. However, this amount could potentially be even higher, reaching $700 million, considering additional unconfirmed hacks attributed to North Korea.
The Shiba Inu Layer 2 Shibarium network is experiencing a significant recovery after the holiday season. After a couple of months of impressive performance, the network has achieved a major milestone by processing over 250 million transactions since its launch last year. This accomplishment comes hand in hand with a notable increase in the network’s
The year 2024 seems to have a positive outlook for the Maker (MKR) coin, indicating potential productivity. On-chain data reveals an increase in activity, particularly in the number of daily active addresses. This rise in user engagement suggests a growing trend of interest and momentum in the token. Additionally, there has been a significant influx
In the latest DEX market pump, BONKITA, a new Solana memecoin, has surged +22,000%. This incredible price increase has caught the attention of FOMO traders who are now eagerly searching for the next big play. The trend of explosive DEX-traded token moves has been growing in recent months, with various moon-shots gaining significant attention. Popular
Polychain Capital, a prominent digital assets fund management company, recently experienced a security breach on the Twitter account of its CEO, Carlson Wee. In response to the hack, Polychain Capital issued a warning to users advising them not to interact with the compromised account until further notice. The incident came to light when the CEO’s
In a bid to harness the immense potential of artificial intelligence (AI) while ensuring its safe and responsible use, Senator Steve Padilla (D-San Diego) has introduced two new bills, Senate Bills 892 and 893, to establish a robust and ethical AI framework in California. The proposed legislation marks a significant step forward in addressing the
Coinbase UK has recently introduced a new requirement for its users to complete a risk-acknowledgment form in order to comply with the Financial Conduct Authority’s (FCA) new financial promotions regulations. These regulations are set to take effect by January 8th. The move by Coinbase UK aligns with the regulatory efforts in the UK to protect