#CFTC warns of #AI-based #crypto scams, emphasizes limitations, and provides considerations for investor protection.
Advisory highlights deceptive tactics, cautions against false claims, and urges reporting of suspicious activities for accountability.
https://coinpedia.org/news/u-s-cftc-uncovers-ai-related-fraud-schemes-resulting-in-1-7-billion-bitcoin-loss/
Advisory highlights deceptive tactics, cautions against false claims, and urges reporting of suspicious activities for accountability.
https://coinpedia.org/news/u-s-cftc-uncovers-ai-related-fraud-schemes-resulting-in-1-7-billion-bitcoin-loss/
Coinpedia Fintech News
U.S. CFTC Uncovers AI-Related Fraud Schemes Resulting in $1.7 Billion Bitcoin Loss
The U.S. Commodity Futures Trading Commission (CFTC) has recently released a customer advisory cautioning the public about crypto scams involving
Top #CryptoNews In Last 12 Hours
#Cryptocurrency
1️⃣ #OpenAI seeks trillions for #AI chip development to address scaling constraints and chip scarcity. CEO Sam Altman leads efforts, engaging global investors.
2️⃣Spot #BitcoinETFs saw $403M inflow amid $BTC surpassing $46K, signaling strong investor demand and growing market interest.
3️⃣London police find spoof address linked to #blockchain.com; block 43 phishing web domains, warning against #cybercrimes.
4️⃣ US bans AI-generated voices in robocalls under telemarketing laws, aiming to curb scams and protect consumers.
5️⃣ Google has announced that its AI chatbot, #Bard, has been officially rebranded to #Gemini, with a mobile app launch in the United States.
#Cryptocurrency
1️⃣ #OpenAI seeks trillions for #AI chip development to address scaling constraints and chip scarcity. CEO Sam Altman leads efforts, engaging global investors.
2️⃣Spot #BitcoinETFs saw $403M inflow amid $BTC surpassing $46K, signaling strong investor demand and growing market interest.
3️⃣London police find spoof address linked to #blockchain.com; block 43 phishing web domains, warning against #cybercrimes.
4️⃣ US bans AI-generated voices in robocalls under telemarketing laws, aiming to curb scams and protect consumers.
5️⃣ Google has announced that its AI chatbot, #Bard, has been officially rebranded to #Gemini, with a mobile app launch in the United States.
Top #CryptoNews In Last 12 Hours
1️⃣ Adrian Orr, New Zealand Central Bank Governor, cautioned against #cryptocurrencies, emphasizing #stablecoins' instability and inability to replace legal tender.
2️⃣ Artificial Intelligence #AI was seen as the top trading technology by 61% of surveyed institutional traders, per #JPMorgan.
3️⃣ #Ethereum gas fees soared to 8-month highs as traders rushed into the ERC-404 trend frenzy.
4️⃣ Bill Morgan organized #XRP conference to address community concerns, seeking feedback and aiming for innovation and positivity.
5️⃣ In the past 24 hours, @Coingecko Reports #ERC-404 sector witnessed a substantial decline, with market capitalization dropping by 29%.
1️⃣ Adrian Orr, New Zealand Central Bank Governor, cautioned against #cryptocurrencies, emphasizing #stablecoins' instability and inability to replace legal tender.
2️⃣ Artificial Intelligence #AI was seen as the top trading technology by 61% of surveyed institutional traders, per #JPMorgan.
3️⃣ #Ethereum gas fees soared to 8-month highs as traders rushed into the ERC-404 trend frenzy.
4️⃣ Bill Morgan organized #XRP conference to address community concerns, seeking feedback and aiming for innovation and positivity.
5️⃣ In the past 24 hours, @Coingecko Reports #ERC-404 sector witnessed a substantial decline, with market capitalization dropping by 29%.
Top #CryptoNews In Last 12 Hours
1️⃣ #Bitcoin's #marketcap surpasses $1 trillion as price hits $51,000; ,marking milestone in #cryptomarket history.
2️⃣EU committee approves groundbreaking #AI legislation, setting global precedent, to regulate diverse industries; enforcement expected by 2026.
3️⃣ Japan's #financial regulator suggests banks enhance user protection, potentially disrupting P2P #crypto transactions to prevent fraud.
4️⃣US Treasury official Brian Nelson urges Congress for expanded authority to combat crypto-related illicit finance.
5️⃣US #CPI data beats expectations. CME predicts 92% chance #FOMC keeps rates unchanged in March; 62.1% chance of May rate cut.
1️⃣ #Bitcoin's #marketcap surpasses $1 trillion as price hits $51,000; ,marking milestone in #cryptomarket history.
2️⃣EU committee approves groundbreaking #AI legislation, setting global precedent, to regulate diverse industries; enforcement expected by 2026.
3️⃣ Japan's #financial regulator suggests banks enhance user protection, potentially disrupting P2P #crypto transactions to prevent fraud.
4️⃣US Treasury official Brian Nelson urges Congress for expanded authority to combat crypto-related illicit finance.
5️⃣US #CPI data beats expectations. CME predicts 92% chance #FOMC keeps rates unchanged in March; 62.1% chance of May rate cut.
#Worldcoin's (WLD) 25% surge linked to whale trader's $5.82 million acquisition from #Binance.
Speculations link the surge to #OpenAI's Sora project and Sam Altman's involvement, indicating #AI's impact.
https://coinpedia.org/news/worldcoin-whale-adds-millions-in-profits-with-20-gain-as-openai-launch-sora/
Speculations link the surge to #OpenAI's Sora project and Sam Altman's involvement, indicating #AI's impact.
https://coinpedia.org/news/worldcoin-whale-adds-millions-in-profits-with-20-gain-as-openai-launch-sora/
CoinPedia
Worldcoin Whale Adds Millions In Profits, with 20% Gain as OpenAI Launch Sora
Worldcoin, known for its eye-scanning tech, is buzzing as its cryptocurrency, WLD, surged 25% in 24 hours. But what’s driving this insane surge? Let’s
Top #CryptoNews In Last 12 Hours
1️⃣ #Worldcoin's $WLD token surged193.24%% in last 7 days, hitting 1M users, despite privacy and #regulatory controversies.
2️⃣ Virginia proposes $39,240 yearly for #AI and #cryptocurrency commissions, with $22,048 for AI and $17,192 for crypto.
promotes crypto #mining legislation with tax benefits.
3️⃣ South Korean ruling party proposes delaying #cryptotax for two years, citing need for regulatory framework.
4️⃣ Cryptocurrency exchange Backpack partners with Banxa, achieves $1 billion daily trading volume, leading SOL/USD #trading.
5️⃣ Japan approves proposal for venture capital firms to invest directly in #crypto projects, pending parliamentary amendment in 2024.
6️⃣ Vitalik Buterin suggests AI for #Ethereum bug fixing, ETH price hits $2900 ahead of Dencun upgrade.
1️⃣ #Worldcoin's $WLD token surged193.24%% in last 7 days, hitting 1M users, despite privacy and #regulatory controversies.
2️⃣ Virginia proposes $39,240 yearly for #AI and #cryptocurrency commissions, with $22,048 for AI and $17,192 for crypto.
promotes crypto #mining legislation with tax benefits.
3️⃣ South Korean ruling party proposes delaying #cryptotax for two years, citing need for regulatory framework.
4️⃣ Cryptocurrency exchange Backpack partners with Banxa, achieves $1 billion daily trading volume, leading SOL/USD #trading.
5️⃣ Japan approves proposal for venture capital firms to invest directly in #crypto projects, pending parliamentary amendment in 2024.
6️⃣ Vitalik Buterin suggests AI for #Ethereum bug fixing, ETH price hits $2900 ahead of Dencun upgrade.
Marketing specialist Lucie Sasnikova identifies #AI #altcoins, #Ethereum Layer 2 solutions, and gaming tokens as leading sectors.
AI altcoins like #GRT, #AGIX, and #OCEAN surge; Ethereum's Layer 2 evolution and gaming tokens show promise.
https://coinpedia.org/news/3-crypto-trends-you-cant-afford-to-miss-ai-altcoins-ethereums-big-move-and-gaming-tokens-explode/
AI altcoins like #GRT, #AGIX, and #OCEAN surge; Ethereum's Layer 2 evolution and gaming tokens show promise.
https://coinpedia.org/news/3-crypto-trends-you-cant-afford-to-miss-ai-altcoins-ethereums-big-move-and-gaming-tokens-explode/
CoinPedia
Top 3 Crypto Trends You Should Know: AI Altcoins, Ethereum’s Major Update & Gaming Tokens
In a recent X post, Lucie Sasnikova, a marketing expert at Shiba Ecosystem and Shibarium Tech, spills the beans on the three sectors set to dominate the
#AI projects face credibility concerns despite token profits, highlighting technical hurdles and #centralized data reliance.
Hype-driven investments in AI tokens may lead to price corrections; AI tokens outperform #Bitcoin amidst uncertainties.
https://coinpedia.org/news/coinbase-drops-warning-the-ai-crypto-bubble-thats-about-to-burst/
Hype-driven investments in AI tokens may lead to price corrections; AI tokens outperform #Bitcoin amidst uncertainties.
https://coinpedia.org/news/coinbase-drops-warning-the-ai-crypto-bubble-thats-about-to-burst/
CoinPedia
Coinbase Drops Warning: The AI Crypto Bubble That’s About to Burst
AI projects are seemingly being overhyped and under-delivering, raising questions about their long-term credibility. While AI tokens are registering huge
#Crypto analyst Miles Deutscher explores #AI's impact on #blockchain, emphasizing #investment opportunities.
Deutscher debunks "AI coins" hype, advises focusing on fundamental infrastructure projects for long-term gains.
https://coinpedia.org/news/bubble-or-breakthrough-are-ai-altcoins-worth-investing/
Deutscher debunks "AI coins" hype, advises focusing on fundamental infrastructure projects for long-term gains.
https://coinpedia.org/news/bubble-or-breakthrough-are-ai-altcoins-worth-investing/
CoinPedia
Bubble or Breakthrough? Are AI-Altcoins Worth Investing?
Cryptocurrency analyst and DeFi enthusiast, Miles Deutscher, has recently shared an interesting thread on social media space X regarding his perspective
🚀✨ Dive into the future of finance with AI! In 2024, the US leads the global AI-driven crypto craze at 18.9%, with the UK and Türkiye not far behind! 🌍💼
From real-time market monitoring to automated trades, AI is reshaping how we trade cryptocurrencies.
#Cryptocurrency #AI #Trading #Cryptomarket #Finance #Coinpedia
From real-time market monitoring to automated trades, AI is reshaping how we trade cryptocurrencies.
#Cryptocurrency #AI #Trading #Cryptomarket #Finance #Coinpedia
#Worldcoin ($WLD) surges 44% fueled by #AI buzz after Warren Buffett comments, showing increased #investor interest.
#Litecoin (LTC) gains attention for potential #ETFs, but technical signals hint at a possible price decline. #Cryptonews
https://coinpedia.org/news/top-crypto-tokens-trending-today-amidst-bitcoin-price-drop/
#Litecoin (LTC) gains attention for potential #ETFs, but technical signals hint at a possible price decline. #Cryptonews
https://coinpedia.org/news/top-crypto-tokens-trending-today-amidst-bitcoin-price-drop/
CoinPedia
Forget Bitcoin! Here’s What’s Hot in Crypto Today
It's a new dawn for crypto - and yet again, there's an unexpected twist! The global market cap saw a modest 1.5% dip over the last day, settling at $2.46
#Cryptocurrency narratives influence market sentiment, highlighting trends in #AI, gaming, #RWAs, and DPIN.
AI and #gaming sectors show promise; RWAs like Terra, Mirror, and DPINs like Secret Network gain traction. #cryptonews
https://coinpedia.org/news/ai-rwa-and-gaming-tokens-to-stack-right-now/
AI and #gaming sectors show promise; RWAs like Terra, Mirror, and DPINs like Secret Network gain traction. #cryptonews
https://coinpedia.org/news/ai-rwa-and-gaming-tokens-to-stack-right-now/
CoinPedia
Top AI, RWA, Gaming, & Privacy Tokens to Buy Right Now
Stories wield remarkable influence in the cryptocurrency world. As assets like Bitcoin and Solana surge while others stall, understanding these narratives
Whale accumulation in #XRP and Tellor(TRB) signals potential bullish trends, influencing market recoveries historically.
Increasing retail #investor participation in XRP, along with #AI sector innovations, drives potential price growth. #Crypto #CryptoNews
https://coinpedia.org/news/major-crypto-whales-are-stacking-these-altcoins/
Increasing retail #investor participation in XRP, along with #AI sector innovations, drives potential price growth. #Crypto #CryptoNews
https://coinpedia.org/news/major-crypto-whales-are-stacking-these-altcoins/
CoinPedia
Major Crypto Whales Are Stacking These Altcoins
According to analysis from Altcoin Buzz, several altcoins, including XRP, Tellor (TRB), Render, Singular and Fetch.ai (FET) have recently witnessed
#ElonMusk vs. #Apple: Who Will Win the Battle for #AI?
Privacy at Risk: Musk's Warning Against Apple's #OpenAI Move
Click Below to Read This Interesting Article 👇
https://coinpedian.substack.com/p/elon-musks-bold-move-should-apple
Privacy at Risk: Musk's Warning Against Apple's #OpenAI Move
Click Below to Read This Interesting Article 👇
https://coinpedian.substack.com/p/elon-musks-bold-move-should-apple
Substack
Elon Musk's Bold Move: Should Apple Worry About ChatGPT Integration?
AI Integration Wars: Who Will Win, Musk or Apple?
Top #CryptoNews This Week
1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)
2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.
3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.
4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.
5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.
6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.
7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.
8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.
9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.
1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)
2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.
3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.
4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.
5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.
6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.
7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.
8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.
9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.
Top #CryptoNews of This Week
1️⃣ SEC allowed spot #ETH #ETF issuers to start trading on July 23.
2️⃣ #MtGox poll shows 55% will not sell Bitcoin compensation received.
3️⃣Trump’s #Bitcoin conference expected record attendance; security tightened after assassination attempt.
4️⃣#Trump announced fourth NFT release, urged Fed to avoid rate cuts before November.
5️⃣Powell stated #Fed won’t wait for 2% inflation before cutting rates.
6️⃣#Vitalik opposes choosing political allies based solely on crypto support.
7️⃣a16z’s Marc Andreessen backed Trump, criticizing #Biden’s overregulation stance.
8️⃣#BlackRock’s Larry Fink declared Bitcoin a legitimate financial instrument.
9️⃣#Grayscale launched Decentralized AI Fund to invest in #AI and #crypto.
🔟Indian exchange #WazirX hacked; losses exceed $230 million with significant asset theft.
1️⃣ SEC allowed spot #ETH #ETF issuers to start trading on July 23.
2️⃣ #MtGox poll shows 55% will not sell Bitcoin compensation received.
3️⃣Trump’s #Bitcoin conference expected record attendance; security tightened after assassination attempt.
4️⃣#Trump announced fourth NFT release, urged Fed to avoid rate cuts before November.
5️⃣Powell stated #Fed won’t wait for 2% inflation before cutting rates.
6️⃣#Vitalik opposes choosing political allies based solely on crypto support.
7️⃣a16z’s Marc Andreessen backed Trump, criticizing #Biden’s overregulation stance.
8️⃣#BlackRock’s Larry Fink declared Bitcoin a legitimate financial instrument.
9️⃣#Grayscale launched Decentralized AI Fund to invest in #AI and #crypto.
🔟Indian exchange #WazirX hacked; losses exceed $230 million with significant asset theft.
🔥 Top AI Coins by Market Cap! 🔥
Ahead of #NVIDIA’s earnings, AI tokens have skyrocketed💥 by 61%,🚀 with NEAR reaching a $5.39B market cap,📈 reflecting the increasing investor confidence in AI technologies.
#AI #Crypto #Investing #Blockchain #coinpedia
Ahead of #NVIDIA’s earnings, AI tokens have skyrocketed💥 by 61%,🚀 with NEAR reaching a $5.39B market cap,📈 reflecting the increasing investor confidence in AI technologies.
#AI #Crypto #Investing #Blockchain #coinpedia
🔥Support for California SB 1047 AI Safety Bill🔥
Endorsement: #ElonMusk and #VitalikButerin support California’s SB 1047 AI safety bill.
Vitalik's Approval: He values the bill's "critical harm" category, which distinguishes it from other risks.
Safety Testing: The bill mandates safety testing for AI models.
Prevention of Dangerous Releases: AI models with world-threatening capabilities or behaviors discovered during testing cannot be released.
#AI #Crypto #CryptoNews #blockchain
Source: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240SB1047
Endorsement: #ElonMusk and #VitalikButerin support California’s SB 1047 AI safety bill.
Vitalik's Approval: He values the bill's "critical harm" category, which distinguishes it from other risks.
Safety Testing: The bill mandates safety testing for AI models.
Prevention of Dangerous Releases: AI models with world-threatening capabilities or behaviors discovered during testing cannot be released.
#AI #Crypto #CryptoNews #blockchain
Source: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240SB1047
#Dogecoin ($DOGE) has outpaced the entire AI crypto sector in market cap, proving once again the power of community & memes 🐶.
Despite the AI buzz, DOGE’s market cap is bigger than all #AI #cryptos combined! 🤯 It’s not just a coin, it’s a movement.
#DOGEtoTheMoon 🌕🚀 #CryptoNews #Memecoin
Despite the AI buzz, DOGE’s market cap is bigger than all #AI #cryptos combined! 🤯 It’s not just a coin, it’s a movement.
#DOGEtoTheMoon 🌕🚀 #CryptoNews #Memecoin