Ripple CTO Raises Concerns About AI Progress
David Schwartz “started to worry” about the future of AI when he thought about the possibility of deepfakes and how they could affect social, economic, and political systems. AI will be able to broadcast terrorist attacks that never happened, according to the CTO of Ripple. The chief technology officer and one of the people who […]
Ripple Will Settle In Minutes If SEC Confirms XRP Is Not Security
Investors in XRP are still waiting for the Ripple vs. SEC lawsuit to end, and legal experts think the federal agency could lose the case. Both sides have already sent in their motions for summary judgment and their replies. But the public can only see versions of their filings that have been changed. From the […]
Hong Kong To Usurp Singapore’s Retail Crypto Sector
Many places have had different reactions to the growth and rising use of cryptocurrencies. Some are going all in on the industry and its many opportunities by coming up with new ideas. But some people are going back on their steps in the crypto space by using stricter rules. Recently, there have been some interesting […]
Singapore’s Central Bank Set To Explore Digital Currency
Even though MAS is getting ready to test digital currency , it said that the case for a central bank digital currency (CBDC) for retail is “not compelling for now.” Analysts say that many Singaporean investors may not be interested in retail CBDCs. Instead, they may want to buy cryptocurrencies. Singapore’s central bank said on […]
PGI Global Dissolves in UK After Alleged Scam
There are always new stories about scams and ripoffs in the digital currency industry. The High Court of the U.K. shut down the digital currency trading company PGI Global U.K. in September after it was said to have scammed investors out of $709,000. The scam told investors they would get back up to 200% of […]