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According to the Financial Supervisory Service (FSS), the average annual salary for employees and executives at the South Korean cryptocurrency exchange Upbit now exceeds that of employees at the country’s major banks: $99,500 compared to $86,700. This marks a 124% increase over the past year.
Since the start of 2023, the Australian financial regulator (ASIC) has closed over 7,300 fraudulent investment websites and schemes, including 615 cryptocurrency projects. Fake investments continue to be a major issue, with Australians losing over $1.3 billion to such scams in the past year.
According to Arize AI research, more than half of Fortune 500 companies (56%) see artificial intelligence as a potential threat to their business. This figure, derived from the companies’ annual reports, represents a sixfold increase since 2022.
The Colorado House of Prayer has issued tokens to fund the purchase of a 19th-century stone church building, valued at $2.5 million, which their congregation has rented since 2022. This fundraising initiative is spearheaded by Pastor Blake Bush, known for his keen interest in cryptocurrencies, including investments in Ripple (XRP).
The case involved a plaintiff who claimed that he had not received his agreed-upon salary, termination compensation, and additional promised bonuses.
The UK government is set to convince financial firm Revolut, which also offers cryptocurrency services, to conduct its initial public offering (IPO) in London rather than New York. City Minister Tulip Siddiq plans to meet with company representatives this fall to discuss the proposal.
San Francisco’s law enforcement has filed a lawsuit aimed at shutting down 16 websites that use artificial intelligence to turn photos of real women into nonconsensual images. Such services have recently gained popularity among both teenagers and adults.
Crypto4Harris, a group of cryptocurrency supporters, along with crypto-friendly Democrats, conducted a virtual meeting today, which had been announced earlier this week, as reported by Reuters.
Lenovo’s net quarterly profit surged by 38% to $243 million, buoyed by robust demand for artificial intelligence solutions.Developers are actively acquiring the computing hardware necessary to support AI functionalities.
According to crypto investigator ZachXBT, Sahil Arora, a promoter of numerous celebrity coins, earned approximately $3 million throughout 2024.
The payment settles allegations from the Brazilian Securities and Exchange Commission (CVM) that Binance offered derivative trading services without a license.
August 14th marks the second anniversary of WhiteBIT Coin. It’s been two years since the IEO of the token (now a coin) from Europe’s leading exchange, WhiteBIT, and much has changed since then.
xAI, a company specializing in the field of artificial intelligence, released beta versions of two new language models: Grok-2 and Grok-2 mini. These models are currently available to users of the previous version. According to xAI, they have outperformed competitors like Claude 3.5 Sonnet and GPT-4-Turbo in tests.
The decentralized exchange dYdX is set to roll out a major upgrade to its platform in the fall of 2024, which will introduce several new and unique features. One significant change will allow users to list any token issued on the dYdX Chain without requiring approval from the development team.
The U.S. Federal Bureau of Investigation (FBI) neither confirmed nor denied having any information about Satoshi Nakamoto in response to a Freedom of Information Act (FOIA) request from journalist Dave Troy. In their statement, the FBI referred to Satoshi as an individual.
The European Commission criticized Internal Market Commissioner Thierry Breton for bypassing protocol by sending an official warning to Elon Musk without prior consultation with Commission President Ursula von der Leyen.
During a three-hour talk, slightly delayed by a suspected DDoS attack, Trump covered topics like bacon prices, his views on immigration, and other expected narratives but left out digital assets.
According to the SEC statement, the married co-founders of NovaTech, Cynthia and Eddy Petion, along with a group of promoters, inflicted over $650 million in losses on investors.
In an interview with Wired, Tether CEO Paolo Ardoino discussed the company’s plans to expand its venture investments, particularly in the AI sector.
Scotland’s politician Humza Yousaf intends to sue billionaire Elon Musk, who publicly labeled him a “super racist” against white people. Musk’s comment came after Yousaf’s speech in the Scottish Parliament, where he addressed issues of racial discrimination and societal tolerance.
According to 9to5mac, Apple does not plan to charge for its Apple Intelligence features in three years after its official release, despite rumors suggesting a launch could occur as early as this year. However, after this period, certain features might be offered for a monthly fee of $20.
According to a PitchBook report, crypto startups raised $2.7 billion in the second quarter of 2024 across 503 deals. This marks a 2.5% increase from the previous quarter but a 9.8% decrease from the same period last year. Additionally, the deal count fell by 12.5% from the first quarter of 2024.
“It was a big waste of time,” one participant told journalist Eleanor Terrett after an online meeting between representatives of the crypto industry and Democratic Party leaders on Thursday (8th of August).
Laser-eyed Bitcoin enthusiast James Otudor has initiated legal action against major Nigerian government bodies, urging them to remove existing restrictions on cryptocurrencies and related businesses.
WhiteBIT, the official partner of Ukraine’s national football team, launched an exclusive presale of tickets for the upcoming match between Ukraine and Albania on September 7 in Prague.
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.