The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems. Source …
First Mover Americas: Binance.US CEO Departs as Company Cuts 1/3 of Workforce
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source …
CoinEx exchange drained of $27M worth of crypto in suspected hack
A CoinEx hot wallet transferred $27 million of various tokens to a wallet with no previous history in what the exchange’s team has referred to as “anomalous withdrawals." Source …
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Thai authorities arrest 5 in 3,200-victim, $27M crypto scam
Victims lost over $27 million worth of Thai baht after investing in a fraudulent cryptocurrency investment platform. Source …
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Ripple lawyer calls SEC’s latest filing “hypocritical pivot”
Stuart Alderoty highlighted that Gensler had requested an urgent appeal despite asserting that crypto regulations and rules were clear and must be adhered to by the industry. Source …
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10 years later, still no Bitcoin ETF — but who cares?
The Securities and Exchange Commission will inevitably approve a spot Bitcoin ETF, but we should retain some healthy skepticism about the risks it will create. Source …
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11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex
Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196 years, 10 months and 15 days in …