U.S. Authorities Arrest Trio in $10 Million Cryptocurrency Scheme Crackdown
U.S. authorities apprehend trio in a $10 million crypto fraud, exposing a scheme of bank theft and deceptive cryptocurrency conversion.
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Compound Launches Proposition 116, Will Initialize USDC Market on Ethereum
19/08/2022 13:13
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Ubisoft's Web3 Game "Champions Tactics" to Offer Free NFTs – Unlocking In-Game Advantages
Ubisoft disclosed plans on the 17th to introduce NFTs through Ethereum's chain for their upcoming Web3 game, "Champions Tactics." The company also unveiled a scheme to provide select users with these NFTs for free.
JoyTaiwan Clinic Owners Accused of NT$80 Million Electricity Theft in Crypto Mining Venture
A couple operating aesthetic medicine clinics in Taichung City, Taiwan, faces legal repercussions due to their involvement in cryptocurrency mining ventures. Zheng and Su sought to bolster their income by investing in virtual currency mining since 2021. Collaborating with Huang, who established eight mining sites in Taichung, the couple engaged in mining operations. However, suspicions arose as Huang is accused of stealing electricity, resulting in losses of approximately NT$80 million for Taiwan Power Company. The situation escalated when two mining sites experienced electrical fires, posing risks to adjacent tutorial centres and a hot pot restaurant.
JoySingapore Starts Live CBDC Trials, One of Three-Part Initiative By MAS
MAS Managing Director Ravi Menon disclosed plans for the central bank to collaborate with local banks, testing the practical use of CBDCs as settlement assets for domestic payments.
DavinTurkey's Cryptocurrency Regulations Target FATF Concerns
Turkey is implementing crypto regulations, prioritising licensing standards to address FATF concerns, ensure global compliance, and bolster its position in the crypto market.
Hui XinIs Canada Ready to Combat the Rising Threat of Deepfakes?
Canada's intelligence agency alerts to the growing threat of realistic deepfakes, urging global cooperation to address the risks posed by advanced AI technologies.
Hui XinElon Musk and Binance CZ's 'Meeting' with Xi Jinping at APEC Was a Mix-Up? CZ Clears the Air
Xi Jinping's APEC summit attendance gathered dignitaries like Joe Biden, Elon Musk, and tech titans, with reports suggesting a lavish $40,000 dinner. Xi proposed business initiatives amid declining foreign investment, but a mix-up stole attention when CZ, mistaken for another, sparked lively crypto discussions. His humorous response lightened the unexpected twist.
JoyOpenAI Plans ChatGPT Integration into Classrooms for AI-Assisted Learning
A specialised team is poised to elevate its concentration on the educational applications of ChatGPT, with an aim to bolster advancements in learning and child development.
KikyoOpenAI Fired CEO Sam Altman
OpenAI's abrupt CEO dismissal triggers industry-wide speculation, raising concerns about the organisation's future direction and technological advancements.
Hui XinOpenAI’s Major Leadership Shakeup Leads to Departures & Resignations
Amidst the departure of CEO Sam Altman and President Greg Brockman, the ripple effect extends to the resignation of three senior OpenAI researchers.
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