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SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies

US SEC chair Gary Gensler condemned “AI washing” or the abuse of artificial intelligence (AI) and said such activities “may violate the securities laws.” Gensler made the statements on March 18 in tandem with lawsuits and regulatory action by the SEC against AI washing, which occurs when members of the financial sector make false claims […] The post SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies appeared first on CryptoSlate. дальше »

2024-3-19 02:31


Dogecoin Founder Says DAOs Are ‘Universally Stupid And Doomed’, Here’s Why

Dogecoin founder, Billy Marcus has condemned DAOs, criticizing flaws in their fundamental design as a shared governance and expressing doubts about their viability over time within the crypto space.  DOGE Founder Slams DAOs In a recent post on X (formerly Twitter), Dogecoin creator, Billy Marcus aka Shibetoshi Nakamoto openly criticized Decentralized Autonomous Organizations (DAOs), expressing […] дальше »

2023-12-1 23:00


US Congressman Urges To Ban CBDC, Says Technology “Corrupts Money”

Central bank digital currency has gained another top critic as the US Federal Reserve, under Jerome H. Powell’s chairmanship, considers potential CBDC designs.  In a July 23 tweet, Republican representative Warren Davidson condemned any potential move to launch a CBDC, noting that a digital currency flaws the ethos of money. Davidson urged Congress to ban and […] дальше »

2023-7-24 15:00


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Weiss Crypto Condemns Cardano’s (ADA) Coinfirm Integration, Hoskinson Hits Back

Weiss Crypto has condemned the Cardano Foundation’s recent integration of Coinfirm’s AML/CFT analytics solution into the network. Weiss has argued that the move is a bad and disappointing one, as it takes Cardano a step closer towards becoming a “censorship-prone” project, according to a Twitter thread on August 25, 2021. дальше »

2021-8-27 15:00


Steve Hanke Calls El Salvador’s President “Stupid” For Making Bitcoin Legal Tender

Steve Hanke has condemned the legalization of Bitcoin in El Salvador. The economist believes the decision will “completely collapse” El Salvador’s economy. He called the move “stupid.” His reasoning around this being that El Salvador is a dollarized nation and making Bitcoin legal tender would be detrimental to the economy. Professor Hanke was on Kitco […] дальше »

2021-6-19 02:30


Nicolas Maduro urges wider purchase of Petro [PTR] as crypto-adoption surges in Venezuela

Nicolas Maduro, the President of Venezuela, introduced Petro [PTR] in 2018 to “revive” the nation’s crumbling economy. The launch of the state-backed cryptocurrency was speculated by many to be an attempt at dodging economic sanctions imposed by the US, since banking institutions had been widely affected by them. дальше »

2019-4-26 12:45


Economist’s Ben Shapiro Smear Spotlights Trope of Conflating Conservatives with Alt-Right

By CCN. com: The Economist, a liberal British magazine, was forced to issue a groveling apology hours after smearing Jewish conservative author Ben Shapiro as “alt-right. ” The brouhaha erupted on Twitter after the Economist tweeted an interview with Shapiro, where he discussed his bestselling new book, “The Right Side of History. дальше »

2019-3-29 00:00


$150 Million Scandal of Canada’s Biggest Crypto Exchange Sees New Twist in Dead CEO’s 2014 Interview

The recent scandal of QuadrigaCX in which Canada’s biggest cryptocurrency exchange lost $150 million worth of crypto shocked the financial space. It deteriorated the public image of the cryptocurrency sector overnight as analysts condemned the loss of hundreds of millions of dollars following the alleged death of CEO Gerald Cotten who had sole control over the company’s holdings and user funds. дальше »

2019-2-17 15:46


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HitBTC Slammed by Trace Mayer, John McAfee Over Account Freezes Day Before Proof Of Keys

Some of cryptocurrency’s best-known names have joined public calls for exchange HitBTC to explain itself after it began halting withdrawals days before a significant event. Mayer: ‘Beware’ HitBTC Trace Mayer, organizer of Proof of Keys, which calls for cryptocurrency owners to remove their holdings from third-party exchanges on January 3, condemned HitBTC for the move, reports of which began December 31. дальше »

2019-1-2 11:30


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Singapore Phishing Websites Using Fake News to Get Users’ Bank and Credit Card Details

Phishing websites have been using fake news involving the Deputy Prime Minister of Singapore as means of aquiring users’ credit card and bank account information. Get Rich Quick Scheme The Singaporean government has condemned two separate websites for trying to acquire bank account and credit card information by distributing false information involving the Deputy Prime Minister of Singapore. дальше »

2018-9-21 09:00