Crypto News Digest
CBDC News
– Mastercard is partnering with Ripple and Consensys to form a CBDC program.
– The program aims to foster collaboration with key players in the blockchain and payment service space.
– Other partners in the program include Fluency, Idemia, Consult Hyperion, Giesecke+Devrient, and Fireblocks.
NFT News
– OpenSea is disabling its Operator Filter, an on-chain royalty enforcement tool.
– The move is aimed at reflecting the principles of choice and ownership in the decentralized ecosystem.
– The Operator Filter relied on support from the ecosystem, which was not successful.
Regulation News
– Taiwan’s Ministry of Economic Affairs is adding a new business category for digital asset services.
– This may enable crypto-related firms to form industry associations and develop self-regulatory guidelines.
Exchange News
– Bitget has integrated with Copper’s ClearLoop network to provide off-exchange settlement solutions.
– Institutional clients can store digital assets in Copper’s MPC wallet and trade across exchanges.
Security News
– Exactly Protocol, an Optimism-based DeFi project, was exploited, resulting in a loss of over ETH 4,300 ($7.3 million).
– Security firm BlockSec reported that over ETH 7,160 ($12 million) was stolen.
– The hacker exploited a vulnerability in the protocol’s smart contracts.
Legal News
– Melbourne-based crypto lender Helio Lending was sentenced to a non-conviction bond for falsely claiming to hold an Australian credit license.
– Helio pleaded guilty and entered into a recognizance for a period of 12 months.
AI News
– The Associated Press (AP) issued guidelines for journalists regarding the use of generative AI tools.
– AP staff can experiment with ChatGPT but cannot use it to create publishable content.
– Output from generative AI tools should be treated as unvetted source material.
Hot Take
This crypto news digest covers a range of topics, from CBDC partnerships to NFT marketplace changes. It highlights the evolving regulatory landscape and the importance of security in the crypto industry. Additionally, the guidelines for using AI tools in news reporting emphasize the responsibility of journalists to ensure accuracy and fairness. Overall, these updates reflect the ongoing advancements and challenges in the crypto space.
Wyatt Newson emerges as a luminary seamlessly interweaving the roles of crypto analyst, dedicated researcher, and editorial virtuoso. Within the dynamic canvas of digital currencies, Wyatt’s insights resonate like vibrant brushstrokes, capturing the attention of curious minds across diverse landscapes. His ability to untangle intricate threads of crypto intricacies harmonizes effortlessly with his editorial mastery, transmuting complexity into a compelling narrative of comprehension.