First G20 Meet, China's $1.7 B Crypto Laundering Case, Chat GPT Blockchain Integration
The Daily Leo #155
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A 20-year plan for Britain to become the new Silicon Valley should start with extensive financial services sector reforms, according to finance minister Jeremy Hunt on Friday. The Edinburgh Reforms, a set of changes to the U.K. government's financial regulatory framework, were previously revealed. The changes have been hailed as an overhaul of EU regulations...
First G20 meeting of finance ministries & central banks will commence from 13th
Between December 13 and December 15, Bengaluru will play host to the first meeting of the Finance and Central Bank Deputies under India's G20 leadership. Agenda items include The global economic outlook, the international financial architecture, infrastructure development and financing, sustainable finance, global health...
Chinese police arrest 63 people for laundering US$1.7 billion via cryptocurrency
In the most recent case highlighting the ambiguity of China's cryptocurrency market, which ranks No. 4 globally despite an official ban on trading by the central government, police in the northern Chinese region of Inner Mongolia have detained 63 people for laundering 12 billion yuan (US$1.7 billion) in cryptocurrencies...
Constant Blackouts Have Ruined Cryptocurrency Mining Investments in Cuba
Numerous small investors have expressed that they are unable to run their mining rigs due to the frequent blackouts that occur in various areas of Cuba. Telecommunications are also impacted by the blackouts, which prevents some of these enterprises that rely on off-grid power plants from using the internet to fulfill their mining responsibilities....
Banks face first global cryptocurrency rules in wake of FTX collapse
To further protect the sector against volatile assets, banks will be compelled for the first time to adhere to international norms surrounding the holding of cryptocurrencies. The Basel Committee on Banking Supervision, a global organisation located in Switzerland that develops industry regulations, is about to direct bankers to set aside capital equal to...
Bringing ChatGPT to Hive. Try it out here in comment section
ChatGPT is fine-tuned from GPT-3.5, a language model trained to produce text. ChatGPT was optimized for dialogue by using Reinforcement Learning with Human Feedback (RLHF) – a method that uses human demonstrations to guide the model toward desired behavior. It is now connected to have, thanks to @amr008. You can try using it and....
Daily CUB Report | MTB Hits $700k, Burns at 1.75M
A 2-3x would flip CUB deflationary. This combined with record Wrapping Revenues (reported by the team on Twitter / Threads recently) and oracle staking figures and CUB is likely just on the verge of flipping to a deflationary environment where the DAO is buying and burning more CUB than is being issued on a monthly basis....
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