Category: Latest news

[ad_1] In light of the recent community reactions to the Ledger Recover service announcement, the Ledger team recently hosted a Twitter space to address questions and concerns, laying out their plans to remedy contentious issues. The discussion in the space revolved around the push for more transparency in the form of open-source code, software verifiability,…

Adobe says Photoshop’s AI feature is aimed at accelerating creative use, not replacing graphic designers

May 24, 2023

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[ad_1] Adobe said May 23 that it will integrate generative AI in its Photoshop image editor. Photoshop now offers a feature called Generative Fill, which is powered by the company’s Firefly AI engine. This allows users to instantly draw images through a text prompt; in one example, a user transplants a photo of an elk…

Chinese companies selling synthetic opioid chemicals raked in $27M in crypto payments

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[ad_1] Blockchain analysis firm Elliptic said May 23 that several Chinese companies selling precursors to the synthetic opioid fentanyl have received millions in cryptocurrency. Elliptic reported that its researchers interacted with over 90 companies in China that offered to sell fentanyl precursors. According to the analytics company, 90% of those companies accepted cryptocurrency payments, while…

Prometheum becomes first crypto company to be approved by SEC, FINRA as special-purpose broker-dealer

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[ad_1] New York-based Prometheum Ember Capital (PMC) secured regulatory approval to become the first crypto-focused company to register with the U.S. SEC and FINRA as a special-purpose broker-dealer. Prometheum Inc. — PMC’s parent company — announced the development on May 23 and said it allows PMC to operate as a “qualified custodian” for digital assets.…

Solana CEO deems ChatGPT as revolutionary as ‘Windows and the computer mouse’

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[ad_1] Solana Labs co-founder and CEO Anatoly Yakovenko discussed his company’s recent focus on artificial intelligence and Chat GPT on May 23. Yakovenko calls AI a major shift Yakovenko said during a discussion: “I think the natural language interface that ChatGPT has enabled is interesting and cool … it’s as big of a shift as…

Coinbase asks for mandamus against SEC, continues to demand rulemaking

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[ad_1] Coinbase is still asking the U.S. Securities Exchange Commission to engage in rulemaking via the legal system, an executive said on May 23. Coinbase continues to submit filings Coinbase CLO Paul Grewal wrote on Twitter: ” … Coinbase replied in the Third Circuit to the SEC’s arguments against our petition for a writ of…

Liquid staking tokens remain in the red five weeks after Ethereum’s Shapella upgrade

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Global securities watchdog urges governments to regulate crypto like traditional financial assets

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[ad_1] The International Organization of Securities Commissions (IOSCO) published a statement today contending that cryptocurrencies should be treated in the same way as traditional financial assets, such as stocks and bonds, as they are very similar in nature. The global watchdog included its position among 18 core recommendations for countries to help them develop or adapt…

Ledger backpedals on controversial key recovery feature following community backlash

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