EU officials reach ‘historic’ AI regulation deal

The agreement mandates models like ChatGPT and general AI to follow transparency rules before market entry. News Join us on social networks The European Parliament and Council negotiators reached a provisional agreement on the rules governing the use of artificial intelligence (AI) on Friday, Dec 8. The agreement covers the governmental use of AI in biometric surveillance, …

Kyberswap comes to the rescue of hack victims, Platypus hacker walks free: Finance Redefined

The Platypus hacker managed to walk free from a court after claiming to be an ethical hacker despite stealing $8.5 million from the protocol. Newsletter Join us on social networks Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from …

Less than 2% of El Salvador’s population holds crypto: Report

According to a recent report, crypto enthusiasm in El Salvador lags behind despite the country’s ongoing pro-crypto initiatives. News Join us on social networks In spite of the continuous efforts by the government of El Salvador to promote widespread cryptocurrency adoption within the nation, a recent CoinGecko report highlights the limited number of crypto owners …

Ex-Binance CEO Changpeng Zhao faces potential deposition in billion-dollar class action lawsuit

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

2024 U.S. defense bill drops crypto rules from legislation

Lawmakers have removed crypto provisions from the 2024 National Defense Authorization Act as it heads to a final vote. The 2024 National Defense Authorization Act heads to near-certain approval without new rules on cryptocurrencies after negotiators stripped the crypto language to ease passage in both chambers. Despite the legislation retaining broad provisions on existing security …

Criminal Drains 95 Year-Old Woman’s Bank of America Account – Now Bank Wants $4,237 in Overdraft Fees

A 95 year-old woman says she’s going through a nightmare scenario, with scammers draining her account and the bank demanding she repay thousands of dollars stemming from the criminal’s spending spree. Florida resident Virginia Weimer initially lost $13,000 after a scammer gained access to her BofA checking account, reports the NBC-affiliated news station WFLA. Although …

Top-100 Web3 Altcoin Surges by 67% This Week Amid Wallet Update, New Partnership and Token Relisting

A top-100 web3 altcoin has surged by more than 67% this week amid a wallet update, a new partnership and a relisting on a Korean exchange. WEMIX, a subsidiary of South Korean video game developer Wemade, aims to build a web3 ecosystem that focuses on experience-based services. The project’s native token is trading at $3.91 …

Chainlink Staking Program Exceeds Expectations, Drives LINK Price Up By 12%

In a significant development for the blockchain data-oracle project, Chainlink (LINK) has witnessed a significant response to its enhanced crypto-staking program, amassing over $632 million worth of its LINK tokens within a remarkably short period.  The company announced a recent press release highlighting the “overwhelming demand” during the early-access period, which filled the staking limit in …

Bitcoin and Ethereum Fees Rise By Over 50%: Will BTC Conquer $69k?

There is a spike in crypto on-chain activity if transaction fees lead. According to IntoTheBlock data on December 8, Bitcoin transaction fees are up by over 60%, while “gas” in Ethereum has climbed by nearly 50% in the past week.  Bitcoin And Ethereum Transaction Fees Rise By Double-Digits This surge in activity can be pinned to …

SEC’s “Crypto Asset Securities” Alert Boosts Spot Bitcoin ETF Prospects – Here’s Why

As anticipation builds for the long-awaited approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC), an encouraging sign has emerged, further increasing the likelihood of approval.  The SEC issued an investor alert regarding “crypto asset securities,” prompting speculation that the spot Bitcoin ETF may be closer than ever.  Spot Bitcoin …

What Is USDC?

Stablecoins like USDC have become a cornerstone in the cryptocurrency ecosystem, offering unique stability and reliability. This article provides an in-depth exploration of the USDC Coin, offering you a detailed understanding of its functions, market dynamics, and the organization behind it, particularly Circle USDC. As you navigate through this guide, you’ll gain insights into the …

Solana-Based Meme Coin Outperforms Dogecoin, Shiba Inu To Become 3rd-Largest

BONK, a Solana-based meme coin, has continued to outperform the likes of Dogecoin and Shiba Inu over the last week. As the SOL price has rallied, so has its ecosystem coins continued to rise. This has led to a Solana-based meme coin becoming the third-largest meme coin in the space. BONK Meme Coin Beats Out …

Fidelity and SEC meet to discuss spot Bitcoin ETF application

The United States SEC and Fidelity assembled to discuss Fidelity’s Wise Bitcoin Origin Trust application, reviewing diagrams and examining the operational logistics and functionality of the product. News Join us on social networks The United States Securities and Exchange Commission (SEC) recently met with Fidelity to seek additional clarity on its spot Bitcoin (BTC) exchange-traded …

Judge Bars Former Binance CEO Changpeng Zhao From Leaving the US Until His Sentencing Slated for February

A judge has ruled that former Binance chief executive Changpeng Zhao is a flight risk and has banned him from leaving the US until he’s sentenced in February. In a new court filing, Magistrate Judge Brian Tsuchida made a ruling in favor of the prosecution, who claimed Zhao’s wealth and citizenship with other nations that …

US Debt Surges $240,717,893,000 in One Month As Robert Kiyosaki Warns America in ‘Serious Trouble’ Over Heavy Borrowing

Rich Dad Poor Dad author Robert Kiyosaki says America’s debt, which grew by $240 billion in November, is putting the country in grave danger. Fresh data from the U.S. Treasury shows that the national debt rose from $33.637 trillion on November 1st to $33.878 trillion by the end of the month, which is also a …

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