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ChatGPT politically biased towards left in the US and beyond: Research

ChatGPT politically biased towards left in the US and beyond: Research

Even after facing evidence that ChatGPT has a political bias, the chatbot continued to insist that it and OpenAI were unbiased. News <!–> –><!–> Join us on social networks –> ChatGPT, a major large language model (LLM)-based chatbot, allegedly lacks objectivity when it comes to political issues, according to a…

Crypto firm Helio Lending gets bond sentence over false license claims

Crypto firm Helio Lending gets bond sentence over false license claims

Melbourne-based crypto lender Helio Lending had previously pleaded guilty to falsely claiming it had an Australian credit license. News <!–> –><!–> Join us on social networks –> Australia-based crypto lender Helio Lending has been sentenced to a non-conviction good behavior bond for a year for falsely claiming it had a…

Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgement

Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgement

Competing motions for summary judgment saw a federal judge rule the U.S. Treasury with within its authority to declare Tornado Cash a sanctioned entity. News <!–> –><!–> Join us on social networks –> A federal judge in Texas has sided with the United States Department of the Treasury by granting…

UK crypto businesses to comply with FATF Travel Rule beginning in September

UK crypto businesses to comply with FATF Travel Rule beginning in September

The U.K. passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto. News <!–> –><!–> Join us on social networks –> Crypto asset businesses in the United Kingdom will be required to comply with Financial Action Task…

Federal Reserve issues enforcement action against FTX-linked US bank

Federal Reserve issues enforcement action against FTX-linked US bank

Moonstone Bank, which renamed itself Farmington State Bank, received roughly $11.5 million from FTX’s sister firm, Alameda Research, through its holding company in 2022. News <!–> –><!–> Join us on social networks –> The Federal Reserve Board of the United States and the Washington State Department of Financial Institutions have…

Judge grants SEC request to file motion for appeal in Ripple case

Judge grants SEC request to file motion for appeal in Ripple case

The SEC has until Aug. 18 to officially file its motion, and the defendants will have until Sept. 1 to respond. Breaking news <!–> –><!–> Join us on social networks –> Judge Analisa Torres has granted a request from the United States Securities and Exchange Commission (SEC) to file a motion…

Fuse CEO Mark Smargon says blockchain payments apps will rival Visa, not Ethereum

Fuse CEO Mark Smargon says blockchain payments apps will rival Visa, not Ethereum

Mark Smargon, CEO of Fuse, explains how blockchain-powered payments can fix the “broken traditional payment system.” Podcast <!–> –><!–> Join us on social networks –> Episode 16 of Hashing It Out explores one of the most popular cryptocurrency use cases: payments. Mark Smargon, CEO of Fuse, joins host Elisha Owusu…

Colombia central bank recommends limiting CBDC holdings and spending

Colombia central bank recommends limiting CBDC holdings and spending

Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia. News <!–> –><!–> Join us on social networks –> The central bank of Colombia has not yet decided whether or not to issue a central bank digital…

Hong Kong’s crypto stance: Execs weigh in on Web3 in the region

Hong Kong’s crypto stance: Execs weigh in on Web3 in the region

Animoca Brands co-founder Yat Siu anticipates that there will be an increase in Web3 events activities and companies choosing Hong Kong as their Web3 headquarters. Follow up <!–> –><!–> Join us on social networks –> The Chinese special administrative region of Hong Kong is aiming to become a leading crypto…

Bitcoin soars in Argentina as Javier Milei wins presidential primary

Bitcoin soars in Argentina as Javier Milei wins presidential primary

Despite slumping in global crytocurrency markets, Bitcoin has jumped to new highs in Argentina after BTC-friendly presidential candidate Javier Milei won the primary vote on Aug. 13. News <!–> –><!–> Join us on social networks –> The price of Bitcoin (BTC) has jumped to a fresh high in Argentina since the news…