regulation

Building GenAI competence for business growth

Building GenAI competence for business growth 21/09/2023 at 06:02 By Help Net Security To embark on the GenAI technology adoption journey for business success, organizations require foundational activities related to GenAI investment, guidance in prioritizing use cases, and identification of key stakeholders essential for building and implementing successful initiatives, according to IDC. Essential key activities […]

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Signal hints at leaving UK market following passage of online safety bill

Signal hints at leaving UK market following passage of online safety bill 20/09/2023 at 20:03 By Cointelegraph By Turner Wright Critics of the U.K. Online Safety Bill had pushed for amendments prior to passage, claiming the legislation could allow authorities a backdoor for end-to-end encryption services. This article is an excerpt from Cointelegraph.com News View

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Sam Bankman-Fried’s father dragged his mother into an FTX US salary dispute

Sam Bankman-Fried’s father dragged his mother into an FTX US salary dispute 19/09/2023 at 22:06 By Cointelegraph By Turner Wright A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary. This article is an excerpt from Cointelegraph.com

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Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report

Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report 19/09/2023 at 19:03 By Cointelegraph By Turner Wright A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail. This article is an

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Weak competition in AI race could hurt consumers: UK watchdog

Weak competition in AI race could hurt consumers: UK watchdog 19/09/2023 at 10:00 By Cointelegraph By Martin Young The UK’s Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Rep. Tom Emmer: Digital assets will be a ‘sleeper issue’ for 2024 elections

Rep. Tom Emmer: Digital assets will be a ‘sleeper issue’ for 2024 elections 18/09/2023 at 23:04 By Cointelegraph By Turner Wright Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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NYDFS calls for public feedback on proposed crypto regulatory guidance

NYDFS calls for public feedback on proposed crypto regulatory guidance 18/09/2023 at 19:04 By Cointelegraph By Turner Wright The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS’ greenlist This article is an excerpt from Cointelegraph.com News View Original Source React to

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Regulatory activity forces compliance leaders to spend more on GRC tools

Regulatory activity forces compliance leaders to spend more on GRC tools 18/09/2023 at 07:48 By Help Net Security Legal and compliance department investment in GRC (governance, risk, and compliance) tools will increase 50% by 2026, according to Gartner. Assurance leaders are seeking out technology solutions to help them address increasing regulatory attention on executive risk

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Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors

Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors 16/09/2023 at 01:03 By Cointelegraph By Turner Wright Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery.” This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Celsius and Core Scientific propose $14M settlement for litigation

Celsius and Core Scientific propose $14M settlement for litigation 15/09/2023 at 20:02 By Cointelegraph By Turner Wright Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million. This article is an excerpt from Cointelegraph.com News View

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Generative AI lures DevOps and SecOps into risky territory

Generative AI lures DevOps and SecOps into risky territory 15/09/2023 at 06:36 By Help Net Security Application security leaders are more optimistic than developer leaders on generative AI, though both agree it will lead to more pervasive security vulnerabilities in software development, according to Sonatype. According to the surveyed DevOps and SecOps leaders, 97% are

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Elon Musk, Mark Zuckerberg and Sam Altman talk AI regs in Washington

Elon Musk, Mark Zuckerberg and Sam Altman talk AI regs in Washington 14/09/2023 at 09:02 By Cointelegraph By Martin Young The majority of the tech leaders in attendance agreed that AI needs to be regulated with Elon Musk calling the meeting a game changer for civilization. This article is an excerpt from Cointelegraph.com News View

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The critical role of authorization in safeguarding financial institutions

The critical role of authorization in safeguarding financial institutions 14/09/2023 at 07:01 By Help Net Security According to a recent Cost of Data Breach report, the financial industry has the second highest average cost for a data breach, making the value well worth financial institutions investing more into authorization. In this Help Net Security video,

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Rising OT/ICS cybersecurity incidents reveal alarming trend

Rising OT/ICS cybersecurity incidents reveal alarming trend 14/09/2023 at 06:01 By Help Net Security 60% of cyberattacks against the industrial sector are led by state-affiliated actors and often unintentionally enabled by internal personnel (about 33% of the time), according to Rockwell Automation. This corroborates other industry research showing OT/ICS (Industrial Control Systems) cybersecurity incidents are

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Unimplemented controls could derail your ESG compliance efforts

Unimplemented controls could derail your ESG compliance efforts 08/09/2023 at 06:01 By Help Net Security Two-thirds of organizations have not implemented environmental, social and governance (ESG) controls, and 60% do not currently perform internal ESG audits, according to a report by AuditBoard. Lack of ESG program readiness This lack of ESG program readiness raises the

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CFTC commissioner calls for crypto regulatory pilot program

CFTC commissioner calls for crypto regulatory pilot program 08/09/2023 at 02:02 By Cointelegraph By Turner Wright Commissioner Caroline Pham called for the pilot program to kick off with a stakeholder roundtable and for the CFTC to propose and adopt rules on the risks retail investors face. This article is an excerpt from Cointelegraph.com News View

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Former FTX exec will give up real estate, car and $11M following guilty plea: Report

Former FTX exec will give up real estate, car and $11M following guilty plea: Report 08/09/2023 at 00:04 By Cointelegraph By Turner Wright Ryan Salame will reportedly remain free on a $1 million bond until his sentencing hearing expected in March 2024. This article is an excerpt from Cointelegraph.com News View Original Source React to

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House committee will reopen discussions on digital dollar in Sept. 14 hearing

House committee will reopen discussions on digital dollar in Sept. 14 hearing 07/09/2023 at 23:03 By Cointelegraph By Turner Wright Following an August recess, members of the House Financial Services Committee will gather for a “Digital Dollar Dilemma” hearing on Sept. 14. This article is an excerpt from Cointelegraph.com News View Original Source React to

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UK financial watchdog could give crypto firms until January 2024 for marketing compliance

UK financial watchdog could give crypto firms until January 2024 for marketing compliance 07/09/2023 at 21:02 By Cointelegraph By Turner Wright Companies offering crypto services to U.K. residents have an Oct. 8 deadline to run “clear, fair and not misleading” marketing campaigns, but some could have until Jan. 8. This article is an excerpt from

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Former FTX exec is planning to plead guilty to criminal charges: Report

Former FTX exec is planning to plead guilty to criminal charges: Report 07/09/2023 at 18:02 By Cointelegraph By Turner Wright A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following the examples of Caroline Ellison, Gary Wang, and Nishad Singh. This article is an excerpt

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