The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems. Source …
CoinEx exchange drained of $27M worth of crypto in suspected hack
A CoinEx hot wallet transferred $27 million of various tokens to a wallet with no previous history in what the exchange’s team has referred to as “anomalous withdrawals." Source …
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Thai authorities arrest 5 in 3,200-victim, $27M crypto scam
Victims lost over $27 million worth of Thai baht after investing in a fraudulent cryptocurrency investment platform. Source …
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Ripple lawyer calls SEC’s latest filing “hypocritical pivot”
Stuart Alderoty highlighted that Gensler had requested an urgent appeal despite asserting that crypto regulations and rules were clear and must be adhered to by the industry. Source …
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10 years later, still no Bitcoin ETF — but who cares?
The Securities and Exchange Commission will inevitably approve a spot Bitcoin ETF, but we should retain some healthy skepticism about the risks it will create. Source …
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UK financial watchdog could give crypto firms until January 2024 for marketing compliance
Companies offering crypto services to U.K. residents have an Oct. 8 deadline to run “clear, fair and not misleading” marketing campaigns, but some could have until Jan. 8. Source …
Google will allow ads for NFT games starting September 15
The new updates to the cryptocurrency ads policy allows for NFT gaming ads provided the games and ads don’t promote gambling. Source …
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