IBM Introduces Hyper Protect Offline Signing Orchestrator for Secure Cold Storage of Digital Assets

by Александр Пирогов | Dec 8, 2023 | Blog News

IBM has unveiled the Hyper Protect Offline Signing Orchestrator (OSO), a secure solution for managing digital assets in offline “cold storage” systems. Developed in collaboration with Swiss digital asset custodian Metaco, OSO aims to improve security,...

Bitzlato Founder Pleads Guilty to Illegal Crypto Operation, Dissolves Platform

by Александр Пирогов | Dec 8, 2023 | Blog News

Anatoly Legkodymov, the founder of the cryptocurrency exchange Bitzlato, has pleaded guilty to operating an unlicensed money-transmitting business. Bitzlato had ties to the dark web, and Legkodymov’s guilty plea comes as part of the Department of Justice’s...

Global Governments Accelerate Efforts to Regulate Generative Artificial Intelligence

by Александр Пирогов | Dec 8, 2023 | Blog News

The surge in generative artificial intelligence (AI) development has prompted governments worldwide to accelerate efforts in regulating the emerging technology. The European Union’s AI Act, recognized as an innovative set of regulations, has seen negotiators...

Terraform Labs Co-Founder Do Kwon to Be Extradited to the United States

by Александр Пирогов | Dec 8, 2023 | Blog News

Do Kwon, co-founder of Terraform Labs, is reportedly set to be extradited to the United States instead of South Korea to face criminal charges. Montenegro’s Justice Minister plans to grant the U.S. officials’ request for extradition. Kwon, arrested in...

Residents of Swiss City of Lugano Can Now Pay Taxes With Bitcoin

by Александр Пирогов | Dec 8, 2023 | Blog News

The residents of the Swiss city of Lugano now have the option to settle their tax bills and other community fees with Bitcoin (BTC) and the stablecoin USDT. The move is part of Lugano’s effort to integrate blockchain and BTC into various aspects of daily life,...

IBM, Meta, and Others Form ‘AI Alliance’ to Advance AI Development

by Александр Пирогов | Dec 7, 2023 | Blog News

IBM and Meta, along with over 50 tech companies, have established the ‘AI Alliance’ to advance the development of artificial intelligence (AI). The alliance emphasizes commitments to safety, collaboration, diversity, economic opportunity, and universal...