Author: e_cash_top
-

South Korea ramps up crypto security with new investor protection laws
[ad_1] On Dec. 11, the Korean Financial Services Commission (FSC) unveiled a comprehensive set of regulations under the Act on the Protection of Virtual Asset Users, which is set to come into effect on July 19, 2024. The new rules aim to safeguard virtual asset investors and enhance regulation of the booming local crypto industry, which…
-

Analysts expect web3 gaming industry to hit $614B by 2030
[ad_1] The blockchain gaming market could be on track for a meteoric rise fueled by the surging popularity of non-fungible tokens (NFTs) and innovative play-to-earn models, according to a recent report by Fortune Business Insights. The report predicts the global blockchain, or Web 3, gaming industry will balloon to a staggering $614.91 billion by 2030…
-

Controversial Bitcoin Ordinals-related bug added to U.S. National Vulnerability Database
[ad_1] The U.S. National Vulnerability Database (NVD), a central repository for cybersecurity threats, has hosted a page concerning an alleged bug related to Bitcoin inscriptions as of Dec. 9. Inscriptions, a fundamental aspect of a Bitcoin feature known as Ordinals, allow for the creation of digital collectibles similar to non-fungible tokens (NFTs) — a feature…
-

U.S. scrutinizing Nvidia’s China-bound AI chips to ensure compliance
[ad_1] The U.S. government is examining three artificial intelligence chips created by Nvidia Corp. for the Chinese market to determine if they violate recently enacted export controls, U.S. Secretary of Commerce Gina Raimondo told Bloomberg in a report on Dec. 11. Raimondo said her agency works closely with Nvidia and other chipmakers to ensure new…
-

Web3 gaming tokens outperform market as hype reaches critical levels
[ad_1] The web3 gaming sector has seen growing interest from investors, resulting in notable price surges for gaming tokens in recent weeks, based on CryptoSlate data. Gaming has outperformed other crypto market sectors with an 800% increase in value over the past months. Industry experts believe that gaming is a key narrative in the upcoming…
-

EU set to adopt world’s first AI legislation that will ban facial recognition in public places
[ad_1] The European Union (EU) is leading the race to regulate artificial intelligence (AI). Putting an end to three days of negotiations, the European Council and the European Parliament reached a provisional agreement earlier today on what’s set to become the world’s first comprehensive regulation of AI. Carme Artigas, the Spanish Secretary of State for…
-

Avalanche and Cardano post double-digit gains amidst growing altcoin rally
[ad_1] The crypto market is buzzing with the potential revival of an altcoin season, as evidenced by the impressive performance of various altcoins over the past month amid growing investor interest. This revival is underpinned by a shift in investor sentiment and interest in altcoins with solid fundamentals and compelling narratives. The surge in altcoin…
-

Tokensoft partners with Chainwire to enhance crypto PR outreach
[ad_1] Tokensoft, a notable digital asset and compliance platform, has recently announced its partnership with Chainwire, a leading blockchain PR distribution service. This collaboration aims to bolster Tokensoft’s presence in the crypto world by leveraging Chainwire’s state-of-the-art PR platform. The partnership is a strategic move to enhance Tokensoft’s communication and outreach to crypto communities globally.…
-

Ex-Binance CEO Changpeng Zhao faces potential deposition in billion-dollar class action lawsuit
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
-

2024 U.S. defense bill drops crypto rules from legislation
[ad_1] Lawmakers have removed crypto provisions from the 2024 National Defense Authorization Act as it heads to a final vote. The 2024 National Defense Authorization Act heads to near-certain approval without new rules on cryptocurrencies after negotiators stripped the crypto language to ease passage in both chambers. Despite the legislation retaining broad provisions on existing…