Thursday, April 3, 2025
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OKX-Affiliated OKCoin Accused by FDIC of Making False Claims About Customer Protections

The agency cited three examples of “false and misleading representations,” including a mention on its website that the Provenance Blockchain’s HASH token on OKCoin had “received broad regulatory acceptance from the SEC, OCC, FED, and the FDIC” and a  2020 posting to the company’s website, where it advertised itself as

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Here’s how OpenAI plans to cleanse ChatGPT of false information

On May 31, OpenAI announced its efforts to enhance ChatGPT’s mathematical problem-solving capabilities, aiming to reduce instances of artificial intelligence (AI) hallucinations. OpenAI emphasized mitigating hallucinations as a crucial step toward developing aligned AI.In March, the introduction of the latest version of ChatGPT — ChatGPT-4 — further propelled AI into

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False Trigger about Mt. Gox Bitcoin Wallet Transfer Tanks BTC Price to $27,000 but It Recovers Fast

Arkham Intelligence issued a clarification that a bug caused to send the alerts regarding Mt. Gox and Us government selling Bitcoin. The BTC price recovered fast after the clarification. Over the last 48 hours, the Bitcoin price witnessed massive volatility sending jitters across the entire investor community. Earlier this week

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FDIC warns CEX.IO and its reviewers to remove potentially false claims about insurance

The United States Federal Deposit Insurance Corporation (FDIC) has sent a letter to executives of cryptocurrency exchange CEX.IO warning them that they are potentially in violation of federal law due to false and misleading statements about the exchange’s insurance status. The agency has given the exchange 15 days to make

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Indian Crypto Exchange Wazirx Calls Binance’s Allegations ‘False and Unsubstantiated’ — Seeks Recourse – Exchanges Bitcoin News

Indian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges. Emphasizing that the allegations “are false and unsubstantiated,” Wazirx stressed. “As far as Binance’s actions are concerned, we are taking the necessary steps to seek recourse and protect our legal rights.” Wazirx

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WazirX Calls Binance Allegations ‘False and Misleading,’ Plans to Seek Recourse

The spat between Binance and Zanmai Labs, the Singapore-based parent of WazirX, is about who truly controls the Indian exchange. The internal dispute became public in August 2022 when Binance CEO Changpeng "CZ" Zhao first tweeted that Binance didn't control WazirX, resulting in WazirX co-founder Nischal Shetty hitting back later. Source

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‘Categorically false’ — Attorney denies bids for Celsius assets were rejected

The counsel representing Celsius’ official creditor committee has denied assertions that the bids for Celsius’ crypto assets have been rejected.During a Jan. 31 Twitter Space “town hall” following the examiner’s report on Celsius, attorneys from White & Case LLP, Gregory Pesce and Aaron Colodny, addressed the so-called “leaked” bids for Celsius’

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Vitalik Buterin Believes Bitcoin S2F Model Gives a False Sense of Certainty

Vitalik Buterin, the co-founder of Ethereum, has recently criticized the controversial Bitcoin Stock-To-Flow (S2F) model that was popularized by PlanB, a pseudonymous Dutch institutional investor. This controversial Bitcoin S2F model garnered attention during BTC's bull run, where it was spot on with several price predictions. However, the model also made some incorrect

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