The scientists recently published a paper in Nature Neuroscience exploring using AI to non-invasively translate human thoughts into words in real time. Continue Reading on Coin Telegraph More
In a May 1 notice, OFAC said the $7.6 million would be used to settle Poloniex’s civil case for alleged violations of U.S. sanctions against Crimea, Cuba, Iran, Sudan and Syria. According to the government department, Poloniex allowed users in the sanctioned jurisdictions to conduct more than $15 million worth of digital asset trades, deposits and withdrawals between January 2014 and November 2019.Continue Reading on Coin Telegraph More
Blend has neither oracle dependencies nor expiries, allowing borrowing positions to open indefinitely until terminated. Developers also claim that the protocol would collect zero fees from borrowers and lenders:Continue Reading on Coin Telegraph More
Speaking to Cointelegraph at the Consensus 2023 conference in Austin, Texas on April 28, Linch said there had been “precisely zero” communication between Bittrex Global and the SEC prior to the financial regulator issuing a Wells notice to the company’s U.S. counterpart in March. The SEC charged Bittrex in April for operating as an unregistered exchange, broker and clearing agency, and it charged Bittrex Global “in connection with its operation of a single shared order book along with Bittrex.” Continue Reading on Coin Telegraph More
Several games are currently being built on the Immutable platform ranging from RPGs to sci-fi exploration, and autobattlers to massively multiplayer online role-playing games (MMORPGs). Some of these include:Continue Reading on Coin Telegraph More
Evan Spicer, a director of crypto investigations at MyChargeBack, told Korean media that Binance, the largest crypto exchange, has no choice but to cooperate with local prosecutors in tracking funds related to Do Kwon, the founder of Terraform Labs.Spicer argued, claiming the exchange has a massive presence in South Korea — which has gone into a regulation frenzy in recent months, undertaking a major crackdown.“It would be in their interest to cooperate with South Korean prosecutors in light of major developments,” the director said in the interview with Korean Media, adding that the exchange is currently being investigated in the US. Spicer added:Notably, these comments were due to the actions of Do Kwon (Kwon Do-Hyung), the founder of Terraform Labs, who reportedly converted millions of his profits from LUNA to Bitcoin and ultimately sent the assets to crypto exchanges such as Binance.Last month, the Korean prosecution team located 463 billion won in cash and assets closely tied to Kwon. However, most of his gains were considered “unrecoverable,” given that Kwon has converted them into Bitcoins utilizing crypto exchanges.Based on this assessment, the report highlighted that the Seoul Southern District Prosecutors’ Office had asked Binance to prohibit and prevent Kwon and his partners from extracting any cash or cash-equivalent assets.The post Binance Must Cooperate with Prosecutors to Track Do Kwon: Investigator appeared first on Coin Edition.See original on CoinEdition More
Bhutan, a tiny kingdom in the Himalayas, reportedly uses its vast hydroelectric resources to power a state-owned Bitcoin mine, making it one of the few countries with a sovereign mining operation.This development was captured in a recent Forbes publication, noting that Bhutan sought to harness its hydroelectric plants to power racks of mining machines that solve complex mathematical problems to earn Bitcoin rewards.The report noted that it is unclear when the mining began, where it is located, and whether the operation has turned a profit. However, a government representative confirmed to a local newspaper that the country had begun mining “a few years ago as one of the early entrants when the price of Bitcoin was around $5,000.”Notably, Bhutan is reportedly in talks with mining company Bitdeer to secure access to 100 megawatts of power for a Bitcoin mining data center. If successful, the partnership would increase Bitdeer’s mining capacity by 12%, adding to its data centers in Washington, Texas, and Norway.The report quoted one former international advisor who lamented the secrecy of Bhutan’s mining activities. The statement read:Last month, the New York Times identified 34 large-scale Bitcoin mines in the US, all using enormous amounts of electricity to perform trillions of calculations per second. The NYT estimated that the operations could require as much electricity as a small city, with some using enough energy to power over 100,000 homes.The post Bhutan is Now One of Few Countries with State-owned BTC Mining Grid appeared first on Coin Edition.See original on CoinEdition More
On Monday, BitOasis announced that it had become the first crypto exchange in the Middle East to receive a broker-dealer minimum viable product operational license from Dubai’s crypto regulator. The license was granted by Dubai’s Virtual Asset Regulatory Authority (VARA), which was established in March 2022 to oversee the burgeoning virtual asset sector in the region.As the United Arab Emirates strives to establish itself as a leading destination for the crypto industry, the license represents a significant milestone for BitOasis and the broader virtual asset ecosystem in the region.According to VARA’s licensing process, companies are licensed in several stages, and BitOasis was granted provisional approval to begin the process in March 2022. The crypto exchange has now become the first broker-dealer to complete the minimum viable product (MVP) stage, as no other firm has yet been licensed under the full market product (FMP) stage, as stated on VARA’s website.Meanwhile, VARA CEO Henson Orser added:Following the completion of the MVP stage, BitOasis can now offer broker-dealer services to both retail and institutional investors who meet the qualifications under VARA’s regulatory framework.Moreover, the services will be provided from the company’s headquarters in Dubai, according to a statement released by BitOasis. This achievement marks a significant milestone for BitOasis and the virtual asset sector in the Middle East, as the United Arab Emirates continues to position itself as a leading player in the crypto industry.The post Dubai Grants First Broker-Dealer MVP Operational License to BitOasis appeared first on Coin Edition.See original on CoinEdition More
