OpenAI Unveils Safety Plan Empowering Board to Veto High-Risk AI Development

by Александр Пирогов | Dec 19, 2023 | Blog News

OpenAI has introduced a safety initiative, the Preparedness Framework, giving its board the power to override the CEO if they judge AI development risks as too high. The framework outlines processes for assessing and mitigating catastrophic risks associated with...

SEC Delays Decision on Ethereum ETFs, Extending Timeline to May 2024

by Александр Пирогов | Dec 19, 2023 | Blog News

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on several Ethereum exchange-traded funds (ETFs) to May 2024. Affected ETFs include the Hashdex Nasdaq Ethereum ETF, Grayscale Ethereum Futures ETF, VanEck spot Ethereum ETF, and the spot...

SEC pressures Blackrock compliance in fund creation and redemption model in Bitcoin ETF

by Александр Пирогов | Dec 19, 2023 | Blog News

Investment management giant BlackRock has amended its S-1 filing with the Securities and Exchange Commission (SEC) for its proposed spot Bitcoin exchange-traded fund (ETF). The amendment reflects BlackRock’s decision to initially exclude in-kind creations and...

UK rolls out Digital Securities Sandbox Regulations

by Александр Пирогов | Dec 19, 2023 | Blog News

The U.K. has introduced a new regulation, effective from January 8, allowing its financial regulators, the Financial Conduct Authority (FCA), and the Bank of England to operate a Digital Securities Sandbox (DSS). The sandbox will enable companies to test tokenized...

Ethereum Price Faces Bearish Indicators, Potential Correction Below $2,000

by Александр Пирогов | Dec 18, 2023 | Blog News

Ethereum (ETH) faces the prospect of a correction as it struggles below the $2,200 support, indicating potential further decline below $2,000. The recent downtrend initiated from the $2,330 resistance zone, with ETH currently trading below $2,220 and the 100-hourly...

BRICS Alliance Paves the Way for a New Global Financial Order

by Александр Пирогов | Dec 18, 2023 | Blog News

The BRICS alliance, consisting of Brazil, Russia, India, China, Egypt, Ethiopia, Iran, Saudi Arabia, United Arab Emirates, and South Africa, is making significant strides towards reshaping the global financial order. With a bold plan to reduce dependence on the US...