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AMD, Wormhole Partner to Support Blockchain Interoperability

AMD, Wormhole Partner to Support Blockchain Interoperability

AMD partners with the Wormhole ecosystem to integrate enterprise-grade hardware accelerators into the Web3 space, facilitating blockchain interoperability. Semiconductor manufacturer Advanced Micro Devices (AMD) is partnering with Worrmhole to integrate enterprise-grade hardware accelerators into the Web3 environment to facilitate blockchain interoperability. The interoperability platform Wormhole, renowned for facilitating large-scale bridges and multichain applications, announced a […]

300 International Tech Experts Urge for Gov’t Action on AI Deepfakes

300 International Tech Experts Urge for Gov't Action on AI Deepfakes

A collective of more than 300 international technology, artificial intelligence (AI), digital ethics, and child safety experts have endorsed an open letter that demands “immediate action” from governments to address the issue of deepfakes. Under the heading “Disrupting the Deepfake Supply Chain,” the February 21 letter urges political leaders, governments, and policymakers to “impose obligations” […]

Japanese Gaming Community Raises Liquidity Concerns with Lawmakers

Japanese Gaming Community Raises Liquidity Concerns with Lawmakers

The Japanese blockchain gaming community has approached the Liberal Democratic Party (LDP) to increase crypto asset market liquidity as strict regulations are drying up the pool. On behalf of Japanese blockchain gaming initiatives, Ryo Matsubara, director of Oasys, a GameFi blockchain, visited the LDP’s digital society promotion headquarters on February 21 to discuss the current […]

Binance Places Price Cap on USDT for Nigerian Traders

Nigerian Correctional Service Fails to Bring Binance Exec to Court

To ensure conformance with local authorities in Nigeria, Binance has imposed a price cap on the sale of Tether tokens on its peer-to-peer (P2P) platform. A USDT price of 1,802 Naira prevents Binance traders from selling USDT now. Announcing to its Nigerian clientele, the cryptocurrency exchange emphasized its dedication to collaborating closely with local authorities, […]

Japan FSA Clarifies Stance on P2P Crypto Transfers

Japan FSA Clarifies Stance on P2P Crypto Transfers

Japan’s primary financial regulator, the Financial Services Agency (FSA), has clarified its stance on peer-to-peer (P2P) cryptocurrency transactions in light of its most recent recommendations to domestic institutions. In a letter dated February 14, the FSA advised banks to “enhance the protection of their customers” by “preventing transfers to crypto-asset exchange service providers in which […]