Day: September 5, 2023

OpenAI CEO Sam Altman Granted First Indonesian Golden Visa

Altman’s intentions regarding potential investments in Indonesia remain undisclosed. However, his visit to Jakarta in June, where he spoke about the future of artificial intelligence, hints at his interest in the nation’s burgeoning technological landscape.  Sam Altman, the Chief Executive Officer of OpenAI and a prominent figure in the world of artificial intelligence, has been granted Indonesia’s first golden visa. The Indonesian immigration authority issued a 10-year visa to Altman, citing his international reputation and the potential benefits he may bring to Indonesia. The golden visa program, introduced last month,…

MetaMask scammers take over government websites to target crypto investors

boss

Crypto scams targeting MetaMask users are using government-owned website URLs to con victims and access their crypto wallet holdings. Ethereum-based crypto wallet MetaMask has been a long-standing target for scammers — which involves redirecting unwary users to fabricated websites that request access to the MetaMask wallets. Cointelegraph’s investigation on the matter found numerous government-owned websites being used to perpetrate this exact scam. Official government websites from India, Nigeria, Egypt, Colombia, Brazil, Vietnam and other jurisdictions have been found redirecting to fake MetaMask websites, as shown below. MetaMask scammers use government…

OpenAI Introduces Canva Plugin to ChatGPT Plus Subscribers to Enhance Content Creation

Through the integration, ChatGPT Plus users can use Canva’s pre-existing wide range of templates to customize their requirements. The high demand for fast and seamless artificial intelligence (AI) services has pushed OpenAI to develop infrastructure to help onboard mainstream users around the world. In the latest developments, OpenAI has integrated with Canva Plugin to enable ChatGPT Plus users to create logos and banners, among many other visual products. Notably, ChatGPT users are expected to activate the Canva plugin by first downloading it from the plug-in store and installing it for…

Shiba Inu Presents Compelling Reversal Indicators

boss

Shiba Inu (SHIB) has recently been on the radar of cryptocurrency enthusiasts as data suggests a potential comeback for this meme-inspired digital asset. The SHIB community had reason to celebrate with the successful relaunch of the Shibarium Layer 2 solution, akin to a tech company unveiling a highly anticipated software update.  This event not only breathed new life into the ecosystem but also injected a sense of optimism among SHIB holders. The Shibarium relaunch has elevated SHIB beyond its meme coin status, adding a layer of credibility and utility. SHIB…

South Korean Hana Bank enters crypto custody business with BitGo

boss

One of the largest South Korean banks, KEB Hana Bank, is moving to offer digital asset custody services through a new partnership with major cryptocurrency custody firm BitGo Trust Company. KEB Hana Bank has signed a strategic business agreement with BitGo to jointly establish digital asset custody in South Korea, local news agency Yonhap reported. The commercial bank has a network of 111 branches with local banking assets of nearly $10 billion and equity of $490 million. Hana Bank representatives reportedly announced the news on Sept. 5 at the cryptocurrency…

Solana Records 9th Consecutive Weeks of Investment Inflows While Other Top Coins Bleed

During the past 9 weeks, Solana recorded a total inflow of about $0.7 million while all digital asset investment products saw an outflow of about $342 million in the past seven weeks. One of the leading smart contract blockchains and DeFi ecosystems with over $305 million in total value locked (TVL), Solana (SOL), has been a favorite among most investors. According to a weekly report on digital asset fund flows by CoinShares, Solana was the only top coin to record inflows in the past weeks. Precisely, the report highlighted that…

Chinese President Xi Jinping Highlights the Transformative Impact of Blockchain and AI on Global Industries

In a congratulatory message to the 2023 China International Intelligent Industry Expo, Chinese President Xi Jinping emphasized the profound changes that emerging technologies like the internet, big data, cloud computing, artificial intelligence (AI), and blockchain are bringing to global industries and lifestyles. Accelerating Digital Transformation According to a report from ChainCatcher, Xi Jinping’s message highlighted that these technologies are accelerating the digital, intelligent, and green transformation of industries. “The intelligent industry and digital economy are thriving, significantly altering the global allocation of resources, industrial development models, and people’s lifestyles,” Xi…

Japanese regulator seeks to scrap “unrealized gains” tax on crypto

boss

The principal financial regulator of Japan, the Financial Services Agency (FSA), has decided to take crypto regulation into its own hands and has proposed to change the tax code in regard to digital assets.  The request was submitted by the FSA on Aug. 31. The most notable suggestion in the 16-page document is a bid to free domestic firms from the end-of-the-year “unrealized gains” tax on crypto. In some national legislations, the legal entities have to pay taxes only after the crypto assets are sold to fiat, but in Japan,…