Biconomy introduces AI agents for on-chain transactions

United States Secretary of State Mike Pompeo believes that Bitcoin (BTC) should be regulated the same way as other electronic financial transactions.Security risks of reduced governmental monitoringIn an interview on Squawk Box on Aug. 20, Pompeo pointed out the risk of anonymous transactions associated with crypto, saying:“The risk with anonymous transactions is one that we…

In the most recent of a series of interviews, Cointelegraph head of news Molly Jane Zuckerman interviewed Bitcoin (BTC) himself, with the help of the animators behind the “Bitcoin and Friends” series, in a video published on YouTube on July 24.Should Nakamoto’s identity be revealedDuring the interview, Bitcoin said that he hopes the real identity…

The scam lures victims to download fake front-running bot software that swipes their assets once they try to initiate a transaction. Own this piece of crypto history Collect this article as NFTFront-running scam bots are significantly gaining traction on YouTube, with the number of dubious videos increasing six-fold in 2022 according to a new report…

The music streaming platform has removed tens of thousands of AI-generated songs created on the AI music-making platform Boomy. 141 Total views 1 Total shares The battle between the music industry and artificial intelligence (AI) continues as reports claim Spotify is taking down AI-generated music. A Financial Times (FT) report revealed that the music streaming platform had removed…

The global exchange will provide “guaranteed atomic execution and clearing of both legs” for the futures trades on eight cryptocurrencies. 320 Total views 20 Total shares Paradigm has announced the launch of spreads trading in partnership with crypto exchange FTX.In a Friday blog post, Paradigm said under the FTX partnership users would be able to…

XCC is positioned as a supporting mechanism to XCLAIM, a protocol which acts as the foundational layer for Interlay’s Bitcoin one-to-one backed asset interBTC. 523 Total views 12 Total shares Interoperability network Interlay has released a 21-page technical whitepaper, titled XCC: Theft-Resilient and Collateral-Optimized Cryptocurrency-Backed Assets, advocating for the imminent development of cross-blockchain interoperability solutions…

Financial crimes reporting obligations are irrespective of a crypto firm’s total annual revenue. 1569 Total views 14 Total shares The United Kingdom's Financial Conduct Authority has included cryptoasset businesses under the financial crimes reporting umbrella eight months after initially announcing plans to do so.The FCA made this known via a policy statement issued on its…

Jane Thomason is an Australian academic who spent 15 years running hospitals and doing development work abroad followed by a 20-year stint building a $250-million revenue company. Thomason — now a blockchain adviser to the World Health Organization — says she “had an epiphany” while thinking about the 2004 Tsunami in Indonesia, in which the lives…

The Financial Action Task Force (FATF) released its long-awaited guidance on virtual assets, laying out standards that have the potential to reshape the crypto industry in the United States and around the world. The guidance addresses one of the most important challenges for the crypto industry: To convince regulators, legislators and the public that it…