Legal Uncertainties Pose Challenges for Web3 Growth in Africa

by Александр Пирогов | Jan 15, 2024 | Blog News

A developer from the Web3 rollup protocol Cartesi, highlights the significant barrier of legal and regulatory uncertainty in Africa’s Web3 sector. According to the developer, the absence of clear regulations creates fear and concern among potential users and...

OpenAI vs. The New York Times Lawsuit: Legal Battle Over AI Training on Copyrighted Material Raises Industry-Wide Implications

by Александр Пирогов | Jan 15, 2024 | Blog News

The legal battle between OpenAI and The New York Times over the use of copyrighted material in training AI models, specifically ChatGPT, could have far-reaching consequences for the AI industry. The lawsuit challenges the practice of training AI systems on copyrighted...

Ukraine Arrests Suspect in Large-Scale Cryptojacking Operation with Europol Support

by Александр Пирогов | Jan 15, 2024 | Blog News

Ukrainian authorities, in collaboration with Europol, have successfully apprehended a 29-year-old individual accused of orchestrating a sophisticated cryptojacking operation. The suspect allegedly compromised over 1,500 cloud accounts, creating more than one million...

Hong Kong Virtual Asset Consortium (HKVAC) Revises Crypto Index, Drops Ripple XRP from Top 5, Adds Solana and Avalanche

by Александр Пирогов | Jan 14, 2024 | Blog News

The Hong Kong Virtual Asset Consortium (HKVAC) has announced notable changes to its crypto indexes, reflecting the evolving landscape of the cryptocurrency market. Ripple’s XRP has been removed from the top five global crypto index, making way for Solana, which...

Singapore’s Financial Institutions Bill 2024 Empowers MAS to Regulate Crypto Firms

by Александр Пирогов | Jan 14, 2024 | Blog News

The Financial Institutions Amendments Bill 2024, currently under consideration by Singapore’s parliament, seeks to enhance the powers of the Monetary Authority of Singapore (MAS) in overseeing financial activities. If enacted, the bill will empower MAS to issue...

U.S. House Financial Services Committee Establishes Bipartisan AI Working Group

by Александр Пирогов | Jan 13, 2024 | Blog News

The United States House of Representatives Financial Services Committee (FSC) has established a bipartisan Working Group on Artificial Intelligence (AI) to investigate the impact of AI in the financial services and housing industries. Chaired by Representative French...