Exploring EFTA Application to Crypto Industry in the US
The Consumer Financial Protection Bureau is exploring whether it can leverage the Electronic Fund Transfer Act to protect consumers from fraudulent crypto transfers.
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OpenAI CEO Views Bitcoin As ‘Super Logical’ Tech Step
OpenAI CEO Sam Altman has praised Bitcoin as a “super logical” advancement on the tech tree, highlighting its ability to operate without government control while effectively combating corruption during an interview with Joe Rogan on “The Joe Rogan Experience” podcast.
Bitcoin at Risk of Tumbling to $20K by October’s End
Although Bitcoin recently surged to over $28K, analysts warn its price could correct significantly by month’s end, potentially declining to the $19K-$20K range.
Hong Kong Considers Curbing Stablecoin Trading Amid Crypto Adoption Rise
Hong Kong is considering limiting retail stablecoin trading for individual investors, a local official says, though such activity is currently prohibited as the city weighs crypto regulation.
Crypto May Face E-Banking Laws, US Watchdog Says
The Consumer Financial Protection Bureau is considering extending electronic banking regulations, like the Electronic Fund Transfer Act that protects consumers, to cryptocurrencies in an effort to limit harm from hacks and unauthorized transfers.
Digital Yuan Giveaways Drive Adoption: China’s Central Bank
The Chinese central bank says its digital yuan giveaways have succeeded in driving adoption, with over 90% of coupons and coins being redeemed in some pilot areas.
Israel Pounds Gaza After Deadly Hamas Attack Kills Hundreds
Israel has launched deadly airstrikes on Gaza after Hamas killed 700 Israelis in the deadliest attack since the 1970s, sparking fears of a major escalation in the long-running Israel-Palestine conflict.
10 Generative AI Trends for the Future
From personalized content to AI-enhanced creativity and climate change solutions, generative AI is poised to transform industries and daily life in the coming years.
Huobi Recovers $8M in Stolen Crypto
Cryptocurrency exchange Huobi Global recovered $8 million in stolen Ether after contacting the hacker who stole the funds and negotiating a deal for their return.
Bitcoin Faces $28K Resistance Barrier Ahead of New Week
Bitcoin is struggling to break past the key $28K resistance, presenting a challenge for bulls after strong jobs data limited Fed policy relaxation.