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Business

OpenAI launches $1M grant to support AI-backed cybersecurity initiatives
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8 June, 2023

OpenAI launches $1M grant to support AI-backed cybersecurity initiatives

OpenAI said that it seeks to quantify the cybersecurity capabilities of AI models, empower defenders and elevate the discourse in...
Filipino fintech launches stablecoin targeting the unbanked and remittances
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8 June, 2023

Filipino fintech launches stablecoin targeting the unbanked and remittances

Launched by Smart Citi, it will be the second stablecoin in the Philippines and plans to tap the $36 billion...
US House hearing pumps CFTC, dumps SEC, achieves little
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7 June, 2023

US House hearing pumps CFTC, dumps SEC, achieves little

The new bill aims to carve out clearly defined roles for both the CFTC and the SEC and stop the...
SEC seeks emergency freeze of Binance assets, accusing the exchange of commingling customer funds
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7 June, 2023

SEC seeks emergency freeze of Binance assets, accusing the exchange of commingling customer funds

The SEC also alleges that Binance and founder Changpeng Zhao commingled customer assets while moving billions of dollars from its...
What the SEC charges against Binance, Coinbase mean for the industry
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7 June, 2023

What the SEC charges against Binance, Coinbase mean for the industry

Charges filed by the SEC against Binance and Coinbase spell trouble for the 'crypto' industry dominated by exchanges that offer...
SEC charges Coinbase over illegally listing securities
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7 June, 2023

SEC charges Coinbase over illegally listing securities

The SEC's charges against Coinbase put the company at a high risk, with Berenberg analyst Mark Palmer projecting that "at...
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