Paxful co-founder Schaback faces 5 years jail, admits AML failure

Artur Schaback, one of the co-founders of crypto exchange Paxful, has agreed to a plea deal with U.S. prosecutors that could see him locked up for five years.

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CertiK migrates blockchain applications to Alibaba Cloud

CertiKs migration to Alibaba Cloud aims to enhance blockchain development security and resource efficiency in Asia.

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Chinas largest payments app debuts AI feature that checks if youre balding

Eat your heart out Elon Musk and X.com, Chinas Alipay is the real everything app.

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Aptos And Alibaba Cloud Propel Japans Web3 Revolution

Aptos Foundation and Alibaba Cloud are all geared up to transform the Web3 in Japan. Through this partnership with Alcove Pro Asias first co-branded Move developer community, these initiatives will be unveiled to advance Web3 through hackathons, education, and events led by industry experts, making Japan as a key player in the digital frontier. […]

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Oracle Introduces In-Database LLMs and Automated Vector Store with HeatWave GenAI

Oracle's HeatWave GenAI now offers in-database LLMs and an automated vector store, enabling generative AI applications without AI expertise or additional costs. (Read More)

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Oracle Autonomous Database Now Available on Oracle Database@Azure

Oracle Autonomous Database is now generally available on Oracle Database@Azure, enhancing application innovation and development velocity. (Read More)

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US banking lobby last-minute bid to stop Biden vetoing SAB 121 overturn

The American Bankers Association claims that United States President Joe Biden's move will "harm investors, customers, and ultimately the financial system."

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Two Men Charged With Running Darknet Marketplace Empire Market

Prosecutors say Thomas Pavey, 38, of Florida, and Raheim Hamilton, 28, of Virginia, owned and operated Empire Market from 2018 to 2020. During the period Empire Market operated, prosecutors say the pair processed $430 million in transactions on the site, which allowed users to anonymously purchase illegal goods and services. Source: CoinDesk

The post Two Men Charged With Running Darknet Marketplace Empire Market appeared first on Crypto Breaking News.

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OpenAI pledges to remain a non-profit organization and abandon plans for major restructuring

OpenAI has announced its decision to remain a nonprofit organization, abandoning its previous plans to convert into a for-profit entity. The company, known for its groundbreaking work in artificial intelligence (AI) development, had initially considered transitioning to a commercial model. However, after careful consideration, OpenAI has opted to stay true to its core mission of [...]

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Web3 Leaders Praise Unionbank Crypto Rollout, Eye Corporate Integration

UnionBanks rolling out of a crypto trading feature in its app earned a praise from web3 leaders Eliezer Rabadon and Jopet Arias, who see major potential for retail and corporate users alike.

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Worldcoin Iris Scanning Rollout Sparks Concerns from Web3 Leaders Ahead of PH Elections

TLYR Collectives Jopet Arias and DvCode CEO Eliezer Rabadon questioned Worldcoins iris-scanning activity in the Philippines, calling for government oversight and greater community involvement to protect vulnerable Filipinos amid the election season.

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Crypto Leaders Urge Public to Send Comment About  SECs New Crypto Asset Service Provider Rules

DvCode CEO Eliezer Rabadon and CryptoArt PH Co-Founder Jopet Arias encourage Filipinos to send feedback on the SECs revised CASP guidelines during a BitPinas webcast, citing the importance of public participation in shaping crypto regulations.

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Alabama Moves Toward Bitcoin Investment with New Bill

HB482 concerns Bitcoin investments in Alabama. With bipartisan support, the bill would give the state a lead in cryptocurrency adoption and blockchain innovation.

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PDAX Joins UnionBank’s Referral Program as Official Crypto Partner

PDAX joins UnionBank's Digital Business Solutions Partner Referral Program, expanding its reach and credibility.

The post PDAX Joins UnionBank’s Referral Program as Official Crypto Partner appeared first on BitPinas.

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Are Fund Managers Abandoning US Stocks at an Unprecedented Rate? How Could Recession Concerns Impact Bitcoin?

As the economy faces uncertainties, fund managers have been steadily divesting their portfolios of U.S. stocks in favor of safer assets like bonds and gold. Many in the financial world are predicting an impending recession, leading to a shift in investment strategies towards more stable options. However, some fund managers are looking beyond traditional safe [...]

The post Are Fund Managers Abandoning US Stocks at an Unprecedented Rate? How Could Recession Concerns Impact Bitcoin? appeared first on Crypto Breaking News.

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Circle Set to Launch $900 Million Money Market Fund Under DABA License

Circle is preparing to move its $900 million money market fund under a full Digital Asset Business Act (DABA) license in Bermuda. This move comes as part of the company’s ongoing efforts to enhance its compliance standards and regulatory framework. By obtaining the DABA license, Circle intends to offer a more secure and regulated environment [...]

The post Circle Set to Launch $900 Million Money Market Fund Under DABA License appeared first on Crypto Breaking News.

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Crypto Influencer Fernando Perez Algaba Found Dismembered: Investigation Underway

Crypto influencer Fernando Perez Algaba was found dismembered in Argentina after going missing. His death, preceded by cryptic social media posts, is under investigation. (Read More)

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AMLA Series: PDAX CEO on Why Banks Should Not Deny Service to Crypto Investors

Nichel Gaba, PDAX CEO, shares insights on banking, crypto, and the Anti-Money Laundering Act (AMLA) during a BitPinas webcast. Discover why he believes banks should not deny service to crypto investors.

The post AMLA Series: PDAX CEO on Why Banks Should Not Deny Service to Crypto Investors appeared first on BitPinas.

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Missing crypto millionaire found dismembered in suitcase: Report

Fernando Pérez Algaba reportedly ran a crypto trading business in Argentina and is suspected to have been murdered by a professional outfit.

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Polygon price recoils as Disney abandons the metaverse

Polygon (MATIC/USD) price continued its downward trend as investors react to the latest disappointment in the blockchain industry. MATIC pulled back to a low of $1.03, the lowest level since March 11. It has dropped by over 15% from the highest level this month. Disney and Meta blockchain plans Polygon, the biggest layer-2 blockchain network …

<p>The post Polygon price recoils as Disney abandons the metaverse first appeared on CCNC | Cryptocurrency Newscast.</p>

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