CLAUDE
Binance Launches Ramadan Trading Fee Rebate Event with 50,000 FDUSD Pool
Binance celebrates Ramadan with a special event, offering 50,000 FDUSD in trading fee rebate vouchers for users completing set tasks.
Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle
Harvey Eugene Murphy Jr. sues Macy's and Sunglass Hut for $10 million over wrongful arrest and assault, highlighting flaws in facial recognition technology and its serious consequences.
South Korea Enacts Legislation for Public Disclosure of Officials' Crypto Holdings
South Korea has introduced new legislation requiring public officials to disclose crypto assets, aiming to improve governance transparency and address conflicts of interest.
CertiK: Crypto Social Media Scams Surge
CertiK discusses the growing threat of crypto scams on social media, citing a FTC report revealing over $1 billion lost in the 18 months leading to June 2022, with nearly half coming from social media interactions. It suggests preventive measures like hardware wallets and smart contract security audits.
California Proposes Crypto ATM Regulations Amid Rising Fraud
California lawmakers propose regulations on cryptocurrency ATMs to combat escalating fraudulent activities. The bill, dubbed "Digital Financial Asset Transaction Kiosks," recommends a daily withdrawal limit of $1,000 and a cap on operators' fees, with implementation eyed for January 1, 2024. While some victims of ATM scams applaud the measure, crypto ATM operators express concerns over the potential adverse impact on small operators.
The Sandbox Appoints Nicola Sebastiani as Chief Content Officer
The Sandbox announced the appointment of Nicola Sebastiani as its Chief Content Officer to bolster its global content development. With a notable background from Sony PlayStation Studios and Apple, Sebastiani is set to enhance The Sandbox’s creator and content ecosystems. Alongside, executive promotions were announced with Mathieu Nouzareth now as Chief Business Officer and Amit Kumar as Chief Marketing Officer, marking a strategic move towards expanding its global community and fostering user-generated content in its decentralized virtual platform.
a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3
a16z leads Blackbird’s $24M Series A funding round to foster a web3-enabled platform aimed at revolutionizing dining experiences and financial prospects for restaurants. Announced on October 4, 2023, this investment marks a significant stride towards intertwining blockchain technology with the gastronomic sector, heralding an enriched era of dining engagements.
Visa Announces $100 Million Fund for Generative AI in Commerce and Payments
Visa Inc. has announced a $100 million fund to invest in generative AI technologies that are relevant to commerce and payments. The initiative, led by Visa Ventures, aims to foster innovation in the rapidly evolving field of artificial intelligence.
OKX and Polygon Introduce Cryptopedia's Seventh Season
OKX, partner with Polygon, has launched its seventh season of Cryptopedia, a platform designed to promote crypto-centric education. Participants can earn MATIC rewards and participate in DApp interactive quests to learn about various DApps within the OKX Wallet. To participate, users can create a new wallet or integrate one, then visit Cryptopedia: Learn to Earn and choose their preferred DApp. The platform also introduces the Discover Event, a Web3 offline event aggregator, and a streamlined NFT ticketing system.
Crypto Conferences Scale Back
Crypto conferences have toned down the extravagance in response to the extended crypto winter, with attendees focusing on discussing regulation and tax. The XRP Las Vegas conference for XRP enthusiasts and the “XRP Army” highlighted frustration over regulatory clarity in the United States. Meanwhile, regulation was the primary topic at a recent Binance Australia meetup event, where attendees asked intelligent questions despite the ongoing bear market. Interest in crypto remains strong, even as conferences scale back.