Taiwan's Fintech Frontier: Central Bank Concludes CBDC Study, Unveils Next Moves
Taiwan's central bank wraps up wholesale CBDC study, eyes cautious implementation in the era of 'Banking 4.0'.
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AI TRENDS | Goldman Sachs: China's AI Models Near Global Adoption Threshold; MiniMax Leads on Cost
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Europe's Landmark Move to Shape Ethical AI Use
Europe's Artificial Intelligence Act marks a historic step, introducing stringent regulations for ethical and responsible AI usage, balancing innovation with fundamental rights protection.
YouQuanHTX Exchange Records $258 Million Outflow Post Hack
HTX, the digital-asset trading platform associated with industry figure Justin Sun, witnessed a considerable $258 million net outflow following its reactivation after a significant security breach. Data from DefiLlama between November 25 and December 10 showcased the funds departing the exchange, signifying unease among some clients due to the prior security incident. HTX encountered a $30 million loss in crypto tokens during the breach, prompting temporary suspension of withdrawals and deposits as a precautionary measure.
JoyBitsCrunch Community Token Sale, Rewards, And More to Launch on Coinlist
3.6 million, or 6% of the total supply of 60 million BCUT tokens will be offered at a rate of 0.055 USDT per token.
BrianDigital Doppelgängers: The Explosive Surge of AI-Generated Nude Deepfakes
Graphika's report reveals a 2,408% rise in AI undressing, sparking global concerns and calls for regulatory action against synthetic explicit content.
Hui XinEuropean Union’s AI Act: Regulations, Tiers, and Implications Explained
The European Union (EU) achieved a breakthrough on the AI Act, establishing a comprehensive legal framework governing the use of artificial intelligence within its jurisdictions. This pivotal agreement aims to regulate AI's deployment across various sectors and sets distinctive guidelines for different categories of AI systems.
JoyChina's Bold Currency Strategy: Redefining Global Financial Power
China's Central Bank is reducing US dollar holdings, a strategic shift to strengthen the Yuan and challenge the dollar's global dominance in a move that could reshape international financial power dynamics.
YouQuanINSANE Jito Labs' JTO Pumps to $3 a Token
Despite a $450 million market cap and signs of a slowdown, trading activity remains robust.
BrianThailand's Crypto Craze Takes Center Stage, Leaving Traditional Stocks in the Dust
Thailand rises as a crypto hub with strong adoption and institutional support, surpassing traditional stock investments.
Hui XinSouth Korea Excludes NFTs and CBDCs from Mandatory Interest for Digital Assets
The Financial Services Commission (FSC) in South Korea issued a notice emphasising the obligation for investors in digital assets to receive interest on their deposits into exchanges by July 2024. Notably, the guidance excludes nonfungible tokens (NFTs) and central bank digital currencies (CBDCs) from this regulation.
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