Dubai does for crypto what Silicon Valley did for tech: Gov’t affairs firm CEO

by

While Duba’s Virtual Assets Regulatory Authority (VARA) imposes rigorous crypto licensing procedures, industry insiders view the lengthy process as valuable. I reached out to crypto licensing professionals in Dubai for their perspectives on local regulations. As a regulatory analyst, I’ve observed Dubai’s Virtual Assets Regulatory Authority (VARA) implement stringent regulations for the crypto sector. Although … Read more

Lido Finance hits 1 million validators, fueling the growth of DeFi

by

As a crypto investor, I’m excited to share that Lido Finance, the leading decentralized finance (DeFi) protocol on Ethereum, recently hit a major milestone – one million validators! This was announced in an X post on April 29th. Reaching a significant milestone, Lido Finance now boasts over one million active validators, making it the most … Read more

What are blockchain rollups?

by

Blockchain rollups, explained Blockchain Rollups: A Scalability Solution for the Future of Blockchain Technology As a blockchain analyst, I would describe rollups as a scalability technique that gathers multiple transactions off the main blockchain for processing. By handling these transactions outside of the primary network, we can significantly reduce congestion and improve overall efficiency. As … Read more

Thai regulator cracks down on deceptive crypto ads

by

The Thai Securities and Exchange Commission (SEC) is cracking down on crypto exchanges that use misleading advertisements to attract investors. Deputy Secretary-General Anek Yooyuen of the SEC issued a warning on April 29, reminding exchanges to stick to prescribed advertising standards. He’s concerned about special privileges being offered to new users and false or exaggerated … Read more

OpenAI hit with privacy complaint in Austria, potential EU law breach

by

OpenAI, a leading artificial intelligence (AI) developer, is under investigation by Austrian data protection authorities following a privacy complaint filed by Noyb, a data rights advocacy group. The complaint alleges that OpenAI’s generative AI chatbot, ChatGPT, provided false information about a public figure when asked for details about them. OpenAI, a well-known artificial intelligence (AI) … Read more