Mastercard Joins Ripple, Consensys & Fireblocks for CBDC Program, OpenSea Disables Operator Filter, Taiwan Pushes for Crypto Firms to Self-Regulate & Form Industry Associations

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CBDC news

  • Global payments giant Mastercard has established a Central Bank Digital Currency (CBDC) Partner Program and is inviting leading blockchain technology and payment service providers to join. Among the inaugural set of partners are Ripple, Consensys, Fluency, Idemia, Consult Hyperion, Giesecke+Devrient, and Fireblocks.

NFT news

  • Popular non-fungible token (NFT) marketplace OpenSea is disabling its Operator Filter, an on-chain royalty enforcement tool that allowed creators to blacklist marketplaces that didn’t enforce royalties. The company is moving to optional creator fees in an effort to better reflect the principles of choice and ownership in the decentralized ecosystem.

Regulation news

  • Taiwan’s Ministry of Economic Affairs recently drafted an amendment to the Standards of Classification of Commercial Group regulations to add a new business category for digital asset services. This could enable crypto-related firms to form industry associations and foster the development of self-regulatory guidelines.

Exchange news

  • Bitget has integrated with custody platform Copper’s ClearLoop network, in order to bring an innovative off-exchange settlement solution to its institutional clients. They can now store their digital assets in Copper’s MPC (multi-party computation) wallet, as well as trade and settle across exchanges.

Security news

  • Optimism-based DeFi project Exactly Protocol was exploited today, with over ETH 4,300 ($7.3 million) stolen, according to security firm BlockSec. De.Fi stated that over ETH 7,160 ($12 million) was taken. The hacker seems to have exploited a vulnerability in the protocol’s smart contracts. The exact details have not been disclosed yet.
  • The Australian Securities and Investments Commission (ASIC) said that Melbourne-based crypto lender Helio Lending was sentenced to a non-conviction bond for falsely claiming that it held an Australian credit licence (ACL). Helio entered into a recognizance in the sum of $15,000 for a period of 12 months.

AI news

  • The Associated Press (AP) has issued new guidelines for its journalists on using generative artificial intelligence (AI) tools in news reporting. Its staff may experiment with ChatGPT but cannot use it to create publishable content. Any output from a generative AI tool should be treated as unvetted source material, and journalists must not use it if they have any doubt about the authenticity of the material.

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