Apple and Google To Face EU Investigation Under New Law
CoinGape (RSS)
Tech giants like Apple and Google are on the verge of facing regulatory issues in the European Union. According to a report by Bloomberg, Apple and Google are about to be subject to extensive European Union probes on their adherence to a new law opening the door to perhaps large fines.
EU New Laws to Probe Tech Giants
Bloomberg highlights that investigations by the European Union into whether Apple Inc. and Alphabet Inc.’s Google comply with new legislation limiting the influence of Big Tech might result in significant fines. According to persons familiar with the situation, the European Commission is getting ready to announce investigations into the companies under the bloc’s Digital Markets Act in the coming days. The EU will be focusing on Apple and Google’s new fees, terms, and conditions for app store developers.
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CoinGape (RSS)
Tech giants like Apple and Google are on the verge of facing regulatory issues in the European Union. According to a report by Bloomberg, Apple and Google are about to be subject to extensive European Union probes on their adherence to a new law opening the door to perhaps large fines.
EU New Laws to Probe Tech Giants
Bloomberg highlights that investigations by the European Union into whether Apple Inc. and Alphabet Inc.’s Google comply with new legislation limiting the influence of Big Tech might result in significant fines. According to persons familiar with the situation, the European Commission is getting ready to announce investigations into the companies under the bloc’s Digital Markets Act in the coming days. The EU will be focusing on Apple and Google’s new fees, terms, and conditions for app store developers.
...
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Do Kwon: Extradition To South Korea To Get Supreme Court Review
CoinGape (RSS)
Montenegrin prosecutors have refused to accept the court’s verdict on the extradition of Do Kwon, Terraform Labs co-founder Do Kwon to South Korea.
Complications in The Do Kwon Extradition to South Korea
Two weeks ago, a high court in Podgorica, Montenegro ruled that Do Kwon should be extradited to South Korea. This was a reversal of the previous motion of another court in Montenegro that Kwon be extradited to the United States. For Do Kwon and his team, this was a victory since they had previously shown preference for having him extradited to South Korea.
The reason for preferring South Korea over the U.S. is due to the presence of lesser penalties for white-collar crimes in the former.
Shortly after the court’s verdict on Do Kwon’s extradition, the U.S. Department of Justice (DOJ) raised some objections. A few i...
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CoinGape (RSS)
Montenegrin prosecutors have refused to accept the court’s verdict on the extradition of Do Kwon, Terraform Labs co-founder Do Kwon to South Korea.
Complications in The Do Kwon Extradition to South Korea
Two weeks ago, a high court in Podgorica, Montenegro ruled that Do Kwon should be extradited to South Korea. This was a reversal of the previous motion of another court in Montenegro that Kwon be extradited to the United States. For Do Kwon and his team, this was a victory since they had previously shown preference for having him extradited to South Korea.
The reason for preferring South Korea over the U.S. is due to the presence of lesser penalties for white-collar crimes in the former.
Shortly after the court’s verdict on Do Kwon’s extradition, the U.S. Department of Justice (DOJ) raised some objections. A few i...
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Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Terraform Labs co-founder Do Kwon’s pending extradition to South Korea has apparently been put on ice following a legal challenge issued Thursday by Montenegro’s top prosecutor.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Terraform Labs co-founder Do Kwon’s pending extradition to South Korea has apparently been put on ice following a legal challenge issued Thursday by Montenegro’s top prosecutor.
Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over'
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Bitcoin needs to reclaim the $69,000 level to reignite its uptrend, one trader noted.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Bitcoin needs to reclaim the $69,000 level to reignite its uptrend, one trader noted.
Ripple CTO David Schwartz Debuts Trading Bot Based on XRPL AMM
CoinGape (RSS)
David Schwartz, the Chief Technology Officer at Ripple, has unveiled a fresh AI-powered trading bot. This advanced concept adheres to an algorithm from XRP Ledger AMM and is designed to have the same functionality. The primary design feature of this bot is its capability to act effectively and reliably on centralized exchange markets. Schwartz performed preliminary testing there, primarily focusing on Solana trading.
The initial phase of the application’s development left David Schwartz with a solid conclusion that “it’s really rough now.” In this regard, he opined that the GitLab link was needed since this would enable the public to review the code. This ...
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CoinGape (RSS)
David Schwartz, the Chief Technology Officer at Ripple, has unveiled a fresh AI-powered trading bot. This advanced concept adheres to an algorithm from XRP Ledger AMM and is designed to have the same functionality. The primary design feature of this bot is its capability to act effectively and reliably on centralized exchange markets. Schwartz performed preliminary testing there, primarily focusing on Solana trading.
The initial phase of the application’s development left David Schwartz with a solid conclusion that “it’s really rough now.” In this regard, he opined that the GitLab link was needed since this would enable the public to review the code. This ...
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Reddit IPO Success To Fuel Company’s AI Exploration: Report
CoinGape (RSS)
After a successful Reddit IPO, the company is now embarking upon AI and advertisement opportunities. According to Yahoo Finance, Reddit CEO Steve Huffman revealed that the company will now be focusing on AI projects and more for future growth plans.
Reddit to Keep AI Growth on Cards
Huffman claims that Reddit is actively seeking new partnerships that feed its data to large language models (LLMs), but the company’s primary goal is to increase its share of the advertising market. The claim comes at a time when other tech giants like Google and Microsoft are also trying to mint AI revenue in the future.
Reedit IPO Sees Good Success
Reddit’s stock began trading at $47 a share after it was listed on the New York Stock Exchange today. The company’s shares debuted in trading ab...
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CoinGape (RSS)
After a successful Reddit IPO, the company is now embarking upon AI and advertisement opportunities. According to Yahoo Finance, Reddit CEO Steve Huffman revealed that the company will now be focusing on AI projects and more for future growth plans.
Reddit to Keep AI Growth on Cards
Huffman claims that Reddit is actively seeking new partnerships that feed its data to large language models (LLMs), but the company’s primary goal is to increase its share of the advertising market. The claim comes at a time when other tech giants like Google and Microsoft are also trying to mint AI revenue in the future.
Reedit IPO Sees Good Success
Reddit’s stock began trading at $47 a share after it was listed on the New York Stock Exchange today. The company’s shares debuted in trading ab...
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BlackRock BUIDL Platform Stained By 0.97 ETH Tornado Cash Inflow
CoinGape (RSS)
BlackRock Inc’s newly launched institutional cryptocurrency fund allegedly received 0.97 Ethereum (ETH) via Tornado Cash, a popular crypto mixer known for facilitating money laundering.
Unsolicited ETH Transaction Into BUIDL
On Tuesday, it was reported that investment asset management firm BlackRock sent a filing to the United States Securities and Exchange Commission (SEC) informing the agency of its newly created tokenized asset fund. The new fund which is dubbed BlackRock USD Institutional Digital Liquidity Fund (BUIDL) emerged in alliance with Securitize, a renowned financial service provider.
As a reputable asset manager, the introduction of BlackRock’s tokenized asset fund drew massive a...
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CoinGape (RSS)
BlackRock Inc’s newly launched institutional cryptocurrency fund allegedly received 0.97 Ethereum (ETH) via Tornado Cash, a popular crypto mixer known for facilitating money laundering.
Unsolicited ETH Transaction Into BUIDL
On Tuesday, it was reported that investment asset management firm BlackRock sent a filing to the United States Securities and Exchange Commission (SEC) informing the agency of its newly created tokenized asset fund. The new fund which is dubbed BlackRock USD Institutional Digital Liquidity Fund (BUIDL) emerged in alliance with Securitize, a renowned financial service provider.
As a reputable asset manager, the introduction of BlackRock’s tokenized asset fund drew massive a...
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‘Am I sorry? No’ — 3AC founder. $6B BTC laundered for fast food worker: Asia Express
Cointelegraph.com News (RSS)
“Companies go bankrupt all the time,” says 3AC founder, Brit found guilty of laundering $6B in Bitcoin for fast food worker: Asia Express
Cointelegraph.com News (RSS)
“Companies go bankrupt all the time,” says 3AC founder, Brit found guilty of laundering $6B in Bitcoin for fast food worker: Asia Express
Bitcoin halving will be a litmus test for inefficient ops: Mining execs
Cointelegraph.com News (RSS)
Major mining firms expect the Bitcoin halving to reduce profitability and cause an increase in network fees, which could challenge the existence of less efficient miners.
Cointelegraph.com News (RSS)
Major mining firms expect the Bitcoin halving to reduce profitability and cause an increase in network fees, which could challenge the existence of less efficient miners.
Estonian Government Approves Bill for Crypto Regulation
CoinGape (RSS)
The Estonian government has approved a bill aimed at overseeing cryptocurrency service providers. This legislation aligns with the nation’s financial oversight with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The bill, however, awaits a parliamentary vote to become law.
New Supervisory Framework
The proposed bill will put in place a strong regulatory framework transferring the oversight of cryptocurrency service providers from the Financial Intelligence Unit (FIU) to the Financial Supervision Authority (FSA). In the past, FIU used to register cryptocurrency service providers, which was mainly focused on compliance with Anti-Money Laundering (AML) measures.
Accordingly, the shift to FSA supervision implies a change to the more comprehensive regulation of the crypto industry...
View original post
CoinGape (RSS)
The Estonian government has approved a bill aimed at overseeing cryptocurrency service providers. This legislation aligns with the nation’s financial oversight with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The bill, however, awaits a parliamentary vote to become law.
New Supervisory Framework
The proposed bill will put in place a strong regulatory framework transferring the oversight of cryptocurrency service providers from the Financial Intelligence Unit (FIU) to the Financial Supervision Authority (FSA). In the past, FIU used to register cryptocurrency service providers, which was mainly focused on compliance with Anti-Money Laundering (AML) measures.
Accordingly, the shift to FSA supervision implies a change to the more comprehensive regulation of the crypto industry...
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US DOJ Charges Texas Man For Meta-1 Coin Scam
CoinGape (RSS)
The United States Department of Justice (DOJ) has charged a Texas man for orchestrating the Meta-1 Coin scam that led to users losing over $10 million.
A recent press release by the Department disclosed that Robert Dunlap was indicted in Chicago on counts of mail fraud as the case unraveled. Dunlap was arrested in Virginia before being ordered by the District Court for the Eastern District of Virginia to be transferred to Chicago.
Charged with four counts of mail fraud, he faces a risk of 20 years per charge according to the DOJ. The Department added that if convicted, the court must impose reasonable sentences under federal statutes and sentencing guidelines.
How Meta-1 Coin Scam Unfolded
According to reports, Dunlap worked in partnership with others to sell an asset called Meta-1 C...
View original post
CoinGape (RSS)
The United States Department of Justice (DOJ) has charged a Texas man for orchestrating the Meta-1 Coin scam that led to users losing over $10 million.
A recent press release by the Department disclosed that Robert Dunlap was indicted in Chicago on counts of mail fraud as the case unraveled. Dunlap was arrested in Virginia before being ordered by the District Court for the Eastern District of Virginia to be transferred to Chicago.
Charged with four counts of mail fraud, he faces a risk of 20 years per charge according to the DOJ. The Department added that if convicted, the court must impose reasonable sentences under federal statutes and sentencing guidelines.
How Meta-1 Coin Scam Unfolded
According to reports, Dunlap worked in partnership with others to sell an asset called Meta-1 C...
View original post
Internet Computer (ICP) Demonstrates First Blockchain AI Smart Contract
CoinGape (RSS)
Internet Computer (ICP) CEO and Chief Scientist Dominic Williams took to X to showcase a demonstration of the parent company, DFinity’s latest Artificial Intelligence (AI) innovation.
DFinity’s AI In Building Phase
According to Williams’ post, ICP has introduced the first blockchain-based AI smart contract. He described the new product as “a demonstration of AI running *on* blockchain as a smart contract.”
“The Internet Computer is used – the world’s first 3rd gen. blockchain #ICP. AI will become the beating heart of our web3, multi-chain world, and this is only my first demo,” the ICP boss added.
Markedly, the Internet Computer AI is a part of the protocol’s mission to develop a system where powerful Large Language Models (LLMs) run as smart contracts on the ICP. Also, it is expected that this mission is achieved in such a way that it is tamperproof, unstoppable, and optionally autonomous...
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CoinGape (RSS)
Internet Computer (ICP) CEO and Chief Scientist Dominic Williams took to X to showcase a demonstration of the parent company, DFinity’s latest Artificial Intelligence (AI) innovation.
DFinity’s AI In Building Phase
According to Williams’ post, ICP has introduced the first blockchain-based AI smart contract. He described the new product as “a demonstration of AI running *on* blockchain as a smart contract.”
“The Internet Computer is used – the world’s first 3rd gen. blockchain #ICP. AI will become the beating heart of our web3, multi-chain world, and this is only my first demo,” the ICP boss added.
Markedly, the Internet Computer AI is a part of the protocol’s mission to develop a system where powerful Large Language Models (LLMs) run as smart contracts on the ICP. Also, it is expected that this mission is achieved in such a way that it is tamperproof, unstoppable, and optionally autonomous...
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Elon Musk (Twitter)
Reality has become more bizarre than parody!
Also, employment discrimination is illegal, so they are breaking the law.
Reality has become more bizarre than parody!
Also, employment discrimination is illegal, so they are breaking the law.
vxTwitter / fixvx
Libs of TikTok (@libsoftiktok)
UNBELIEVABLE: Top healthcare company Mayo Clinic is discriminating against straight white people in their "inclusive" hiring practices.
Even criminals are being prioritized to be hired as nurses.
How does this ensure patients will receive the best medical…
Even criminals are being prioritized to be hired as nurses.
How does this ensure patients will receive the best medical…
Elon Musk (Twitter)
When sending medical advice, ask your doctor, but also ask an experienced nurse.
Nurses are underrated.
When sending medical advice, ask your doctor, but also ask an experienced nurse.
Nurses are underrated.
Media is too big
VIEW IN TELEGRAM
Elon Musk (Twitter)
RT @MattWalshShow: Squatters Can Now Come In And Steal Your Home With No Consequences
RT @MattWalshShow: Squatters Can Now Come In And Steal Your Home With No Consequences