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Crypto Evening Briefing: HK SFC Chief Calls for Regulation of Crypto Platforms to Protect Investors in Web 3.0 Ecosystem

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Stopping ChatGPT Development Is a ‘Bad Idea’: Coinbase CEO

The CEO of Coinbase, Brian Armstrong, has opposed calls for a temporary moratorium on the development of artificial intelligence (AI) more powerful than GPT-4, the latest iteration of AI chatbot ChatGPT. Armstrong dismissed the open letter calling for the pause that had been signed by over 1,700 people, including Elon Musk, Steve Wozniak, and Andrew Yang. 

Report: South Korean National Assembly to Pass Digital Asset Law in April

After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset market regulation in April, a report has said. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, said the prospects of this happening were bolstered after members agreed to narrow their differences.

FTX Proposes Order for Deltec to Turn Over Assets Linked to Ryan Salame and Alameda

FTX's counsel has proposed an order for Deltec International Group (DIG) to turn over assets from a promissory note linked to Alameda Research and former FTX executive Ryan Salame.

Crypto Platforms Need Regulation As Form of Investor Protection: HK’s SFC Chief

Julia Leung, head of the Hong Kong Securities and Future Commission, has stated that cryptocurrency platforms must be regulated from the perspective of investor protection, as they are part of the Web 3.0 ecosystem. 

Donald Trump NFT Trading Card Volume Pumps on the Back of Criminal Indictment

NFT 'trading cards' of former US President Donald Trump have surged in volume by almost 300% after a Manhattan grand jury indicted the billionaire. Trump Digital Trading Cards have seen sales volume reach 99.952 ETH with 179 sales, and ownership of 13963 unique owners, a 31.03% increase since its December release.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $28,144.85 USD, dropped by 1.67% in the last 24 hours;

ETH’s live price is $1,807.41 USD, jumped by 0.28% in the last 24 hours;

BNB’s live price is $316.92 USD, dropped by 0.14% in the last 24 hours;

XRP's live price is $0.5313 USD, dropped by 1.85% in the last 24 hours.

Fundraising News

nChain to Take a Strategic Stake in Tradewindow

nChain, a world leader in Web3 and enterprise blockchain technology and the developer of the BSV Protocol, today announces it has entered into a heads of agreement to take a 19.99% stake in TradeWindow (NZX: TWL), a leading international TradeTech company. The investment deal is valued at USD 7 million and nChain will also identify a new member to join TradeWindow's board of directors.

Bitcoin Bitcoin $62,931.79
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