Tag: technews

ChatGPT doesn’t want to write your Stucky fanfic While playing around with ChatGPT, I’ve made an odd discovery: several popular “ships” (or romantic pairings popular in fandom) are apparently considered semi-banned prompts on the free GPT-3.5-powered service. While some creators painstakingly train their own chatbots, many simply plug prompts into an off-the-shelf commercial chatbot, particularly…

SEC Settles Charges Against Linus Financial Over Unregistered Retail Crypto Lending Product The SEC settles charges against Linus Financial, a fintech firm based in Tennessee, over sales of an unregistered cryptocurrency lending product. The SEC had accused the company of selling securities that were not securities. It converted investors’ cash into crypto assets, pooled those…

Ex-FTX Co-Chief Executive Ryan Salame to Plead Guilty in Court – Will SBF Follow Suit? In this week’s edition of Fortune, Adobe Stock reports that a former co-CEO of FTX Digital Market, Ryan Salame, plans to enter a guilty plea over criminal charges related to the company’s bankruptcy in November. This comes weeks before the…

UK’s FCA to Extend Deadline for Crypto Firms to Implement Changes to Marketing Processes The FCA has pushed back the deadline for cryptoasset firms to implement certain rule changes to their crypto marketing processes. In a new update announced Thursday, the watchdog clarified that the core crypto marketing rules including the ban on incentives like…

Bitcoin Miner Riot Platforms Smart Energy Strategy Yields $31 Million in Savings Riot reports savings of over $31 million in electricity savings in August alone due to a new energy strategy. Bitcoin miner Riot Platforms Smart Energy Strategy Yields $31 Million in SavingsProminent Bitcoin mining firm Riot reports savings and operational achievements due to an…

Joint IMF and FSB Report Warns Against Total Crypto Bans The Russian Financial Stability Board and the International Monetary Fund (IMF) have issued a joint policy roadmap on cryptocurrencies. In it, they recommend against blank bans on cryptocurrencies as they could Force Crypto Activities to Become Illegal. Instead, they suggest that countries should consider tottering…

Bitcoin ETF Approval: The SEC’s Regulatory Opportunity A Bloomberg editorial argues that approving a spot Bitcoin exchange-traded fund is an opportunity for the SEC to bring crypto into line. The decision comes after a court ruling upholding the SEC’s decision to deny Grayscale Investments’ request to convert its GCTBTC Bitcoin Trust into a spot ETF.…

China Looks to Make ASEAN Digital Yuan Move China plans to showcase its digital yuan to the ASEAN nations and could seek to make “cross-regional use” of its CBDC in the bloc. Some of the Asean nations, including China, are politically aligned with China. But they have actively been perusing de-dollarization efforts, and Beijing is…

CFTC Targets DeFi Protocols Opyn, ZeroEx, and Deridex in Sweeping Crackdown The U.S. Commodity Futures Trading Commission has announced that it’s going after three more decentralized finance protocols, Opyn, ZeroEx, and Deridex, for allegedly offering illegal derivatives trading. In addition, the CFTC is issuing cease-and-desist orders to all three of these companies while imposing monetary…

Apple Rushes to Patch Zero-Day Flaws Exploited for Pegasus Spyware on iPhones On Thursday, Apple released emergency security updates for iOS, iPadOS, macOS, and watchOS to address two zero-day flaws that have been exploited in the wild to deliver NSO Group’s Pegasus mercenary spyware. The exploit chain was capable of compromising iPhones running the latest…