Press Releases News TheBitTimes.com

Swan Bitcoin is warning users to not withdraw directly to Wasabi or Samourai wallets, two of the most popular bitcoin mixing services. For at least the third time, Swan customers are having problems with banking access. Specifically, Swan Bitcoin co-founder Yan Pritzker recently admitted that “some of the banks and qualified custodians that Swan works with have been freezing or terminating accounts.” An email from Swan claims that these suspensions affect customers who deposit or withdraw bitcoin with a bitcoin mixing service. We're negotiating with the banks, working on a lawsuit alongside MANY friends vs. FinCEN if needed, and in the meantime just don't withdraw straight to Wasabi or Samourai unless you want a bank to *maybe* ask one of our settlement partners to freeze your account. See you on the… — Cory Klippsten | Swan.com #Bitcoin (@coryklippsten) November 13, 2023 Banks are asking settlement partners to freeze some Swan Bitcoin customers’ accounts. Pritzker’...

The emergence of ChatGPT has not only shown the potential of artificial intelligence, but also raised concerns about further empowering large corporations with increased control. As technology advances, artificial intelligence (AI) has become more than a buzzword used by high-level executives. Today, technology is becoming a part of the world’s everyday interactions, with several real-world use cases emerging. According to an article from MIT Sloan School of Management, some of these prominent use cases include investing in skills and training to transform job quality, rapidly developing content such as with tools like ChatGPT and, in the financial sector, rebalancing taxes. In the blockchain space, another use case was made apparent from early and mid-stage blockchain projects that have begun to use AI and tokenomics to create more liquidity for project tokens. Yet while the applications of AI are many, there is still a great fear that governments and corporations will control AI. Cu...