This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Apple And OpenAI Reach Agreement For ChatGPT Integration On IPhone
Bloomberg reported on May 11 that if everything goes according to plan, ChatGPT functionalities would be included in Apple’s next software version, iOS 18. Reportedly, Apple and Alphabet, the parent company of Google, are discussing the possibility of integrating the Gemini chatbot. These talks, meanwhile, are supposedly not as far along as the ones with Apple…[continue reading]
2) Foreign Investment In Nigeria Compromised By Suspicions Of Bribery At Binance
A risk consulting business with an emphasis on Africa, SBM Intelligence, has expressed concern that the bribery claims levelled against Nigerian government officials by Binance CEO Richard Teng may hinder the country’s attempts to attract international investment…[continue reading]
3) JPMorgan Onyx Industrializes Project Guardian Blockchain PoCs
Project Guardian’s blockchain proofs-of-concept are being pursued by established financial institutions such as JPMorgan and WisdomTree with the aim of developing them into scalable financial solutions. Companies with deep pockets on Wall Street are considering scaling up blockchain experiments like Project Guardian’s proofs-of-concept…[continue reading]
4) RWA Payment Network Will Be Debut By Ondo Finance
A groundbreaking DeFi platform, Ondo Finance, has formed a strategic alliance with Zebec Network, a RWA tokenization specialist. The partnership between Zebec and Ondo, creators of the USDY stablecoin system, is an effort to improve the efficiency of real-time payroll payments…[continue reading]
5) Kraken Responds To The SEC’s Lawsuit
Kraken, a cryptocurrency exchange, is denying the allegations made by the U.S. Securities and Exchange Commission (SEC), intensifying their legal dispute. In its November action, the SEC claimed that Kraken generated millions of dollars trading unregistered securities and that it functioned as an unregistered securities exchange…[continue reading]
6) Australia’s Tax Office Cracks Down On 1.2 Million Crypto Users
Reuters got a notification from last month that revealed a larger effort to find individuals who may have avoided tax requirements on their cryptocurrency trading; this effort is a part of that notice. The worldwide trend towards stricter oversight of digital assets is mirrored in Australia’s tax authorities’ increased attempts to tackle tax compliance among cryptocurrency users…[continue reading]
7) TikTok will automatically label videos created by AI
TikTok’s new Content Credentials system automatically labels AI-generated content (AIGC), taking a proactive step towards ensuring the validity of AI on the platform. Popular social media site TikTok has announced that it will begin automatically labelling AI-generated content (AIGC) upon upload. AIGC refers to short-form videos created and shared on the platform…[continue reading]
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