Crypto News
China to Enforce AI Content Labeling Starting in September
The Cyberspace Administration of China stated that all artificial intelligence (AI) machine-generated content must be flagged with watermarks or metadata to identify its artificial origin. Unflagged content can still be produced, but creators must clarify the origin of the content, which will be logged by the source app for easier tracking. China Starts a CrusadeSource link
Battered Bitcoin Looks to U.S. Fed for Support, Bank of America Predicts End of Quantitative Tightening
As bitcoin (BTC) looks to recover from its recent downturn, observers are looking to Wednesday's Federal Reserve (Fed) rate decision to offer support, with some saying that an announcement to end the balance sheet runoff program, known as quantitative tightening, could be positive news for the market.The Fed will announce its rate review at 18:00 UTC, followed by Chairman Jerome Powell's press conference half an hour later.The bank is unlikely to offer any surprises on the interest rate front, retaining the present range of 4.25% to 4.50%. Therefore, the focus will be on how policymakers plan to proceed with the quantitative tightening program, given the concerns that it could affect liquidity in the system while the Treasury grapples with the...
Conflux (CFX) Issues Security Alert Over Phishing Attempts
Conflux (CFX) has issued a security alert warning users about phishing attempts by hackers impersonating official accounts. Users are advised to avoid suspicious links and remain vigilant. (Read More)Source link
Bitcoin (BTC) Faces Significant Correction Amid Market Volatility
Bitcoin experiences a major correction, dropping 29.7% from its peak. Institutional investors and economic factors play key roles in shaping the crypto market's future. (Read More)Source link
Raydium’s RAY Jumps 13% as DEX Reveals Own Token Issuance Platform
Solana-based decentralized exchange Raydium is set to start its own token issuance platform in the coming weeks to drive more revenue to the already-popular trading service.Raydium’s native RAY token is up 13% in the past 24 hours, beating a 1.62% gain in the broader market tracked by the CoinDesk 100 (CD100) index.Raydium's LaunchLab will initially resemble the hit token issuance platform Pump.Fun, Blockworks first reported. Though developers say it will have several added features that make it more appealing for token launches.LaunchLab will have three types of bonding curves that match demand and price for a token and will let third-party UIs set their fees. A bonding curve is an automatic system that adjusts prices as tokens are bought or...