Markets
Referral & Affiliate
Rewards
Products
Support Center
News
Research
Download
English(Australia)
FameEX Morning Crypto News Recap | November 16, 2023
2023-11-16 12:08:55
U.S. House Financial Services Subcommittee Investigates Crypto's Role in Criminal Activity
On November 15, the bipartisan U.S. House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion conducted a hearing titled "Crypto Crime in Context: Breaking Down the Illicit Activity in Digital Assets." The objective was to enlighten members about the use of blockchain technology and its involvement in criminal activities within the cryptocurrency realm.
Major Technology Players, Including Microsoft and Tencent, Join Decentralized Infura Network
Microsoft, Tencent, and 16 other leading Web2 firms have collaborated with ConsenSys to support the decentralization of the Infura network, a vital gateway for Ethereum in the decentralized finance (DeFi) sector. These partnerships mark a significant milestone in bolstering Infura's resistance to censorship and overall decentralization, which holds substantial importance for the DeFi ecosystem.
OpenAI Temporarily Suspends ChatGPT Plus Sign-ups Due to Overwhelming Demand Due to a surge in demand and concerns about user experience quality, OpenAI has temporarily suspended new sign-ups for ChatGPT Plus. The decision came after heightened usage following the introduction of new application programming interfaces (APIs) during OpenAI's DevDay event. CEO Sam Altman announced the pause, recognizing that the platform had reached its capacity limits. SEC Declares a 'Highly Successful' Year in Crypto Enforcement Measures In fiscal year 2023, the U.S. Securities and Exchange Commission (SEC) published its enforcement results in the realm of crypto assets, labeling it as a "highly productive and impactful year" for crypto securities enforcement. SEC Chairman Gary Gensler emphasized the Division of Enforcement's vital role in protecting crypto investors and the broader public. NHL Enters NFT Market with 'Breakaway' Platform Amid Evolving Digital Collectibles Landscape In collaboration with the NHL Players’ Association and the NHL Alumni Association, the National Hockey League (NHL) has joined forces with NFT firm Sweet to introduce NHL Breakaway, a digital collectibles platform. This platform enables fans from around the world to collect, trade, showcase, and gift notable highlights and moments from NHL history through the use of NFTs. German Banking Leader Commerzbank Obtains Crypto Custody License Commerzbank has achieved a significant milestone by becoming the inaugural full-service bank in Germany to obtain a Crypto Custody License, cementing its leadership in the country's burgeoning crypto market. The license, issued under the German Banking Act, is a pivotal advancement for Commerzbank as it endeavors to enhance its digital asset services, with a particular emphasis on cryptocurrencies. Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.
