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Hong Kong’s Securities and Futures Commission mandates crypto trading platforms to apply for licenses by Feb. 29 or to shut down their businesses by May 31. In a notice issued on Feb. 5, the move aims to safeguard investors , urging them to verify the regulatory status of the platform s they use against the SFC’s published lists of license d and applicant virtual asset trading platform s. The Hong Kong SFC once again reminds that if a virtual asset trading platform operating in Hong Kong fails to submit a license application to the Securities and Futures Commission on or before February 29, 2024, it will have to end its business in Hong Kong on or before May 31,… — Wu Blockchain (@WuBlockchain) February 5, 2024 The SFC’s advisory encourages investors engaged with unlisted platforms to promptly take necessary actions, including account closure, to avoid potential risks. This directive follows the beginning of Hong Kong’s crypto licensing regime in Ju...

On December 21, io.net, an AI innovation company, announced the successful launch of the BC8.AI platform .  In the weeks since its inception, the platform has executed over 10,000 inferences and facilitated 50,000 on-chain transactions, showcasing its strong performance and broad user participation. BC8.AI demonstrates the comprehensive capabilities of io.net’s advanced AI computing platform , from data aggregation to model deployment and inference, io.net powers BC8.AI’s model end-to-end. The BC8.AI enables users to generate photorealistic images with ease. Users can create pictures based on prompts, upload their own, and specify negative prompts to avoid, all while having the option to view a detailed demo on YouTube. The extent of BC8.AI capabilities Cryptocurrency ChatGPT predicts Litecoin price for the start of 2024 Cryptocurrency 70% of Americans want a President knowledgeable about crypto Cryptocurrency ...

Paolo Ardoino, chief technology officer of Tether, announced the launch of the testing phase for Moria, the company’s Bitcoin mining platform. In a posting on X (formerly Twitter), Ardoino declared the platform has achieved a significant milestone during this phase by deploying its initial batch of containers and miners, including extended control over PDU management and miner interaction. A commitment to security Testing @Tether_to Moria #bitcoin mining platform with first containers and miners. All PDU management, interaction with miners (set frequency, power, etc) is now fully controlled by the software. All write actions require multisig approval. All P2P. Perfect for #IoT . It's… — Paolo Ardoino (@paoloardoino) September 16, 2023 In an email shared with crypto.news, Tether stressed its commitment to robust security protocols by highlighting that all write actions will require multi-signature approval. At the same time, the company noted that its system w...

The creator contract beta release has been tested by users, with 84 contracts deployed and 250 NFTs minted so far. According to a new twitter post on Feb. 16, e-commerce platform eBay's nonfungible tokens (NFT) marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split earnings and earn royalties as co-creators. As told by KnownOrigin, users have been testing its Creator Contract beta release for the past few weeks, with 84 contracts thus far deployed and 250 edition of NFTs minted. From Feb. 24 onwards, all approved creators on KnownOrigin will be able to deploy and mint work on their own contract for public release. Deployment will not require coding knowledge. Last June, KnownOrigin was acquired by eBay for an undisclosed sum. According to its co-founder David Moore, the Ethereum (ETH) based platform seeks to "empower creator s and collectors by giving them the ability to showcase, sell and collect uni...