THE LATEST CRYPTO NEWS FROM CNS US President Joe Biden ur | Crypto Never Sleeps Broad

THE LATEST CRYPTO NEWS FROM CNS

US President Joe Biden urges tech firms to address risks of AI

United States President Joe Biden stated on Tuesday that the safety of artificial intelligence (AI) is still uncertain, and emphasized that technology firms should ensure their products are secure before releasing them to the public.

During a meeting with science and technology advisers, Biden acknowledged that AI could be beneficial in tackling issues such as disease and climate change. However, he stressed the significance of addressing possible risks to society, national security and the economy.

https://cointelegraph.com/news/us-president-joe-biden-urges-tech-firms-to-address-risks-of-ai


Swiss state-owned bank PostFinance to offer Bitcoin trading

PostFinance, a retail bank fully owned by the Swiss government, is preparing to offer its customers cryptocurrency trading and storage services.

PostFinance has partnered with the local cryptocurrency bank Sygnum to offer its customers a range of regulated digital asset banking services, the firms announced on April 5.

https://cointelegraph.com/news/swiss-state-owned-bank-postfinance-to-offer-bitcoin-trading


Allbridge to first begin repaying stuck bridge users after recouping funds

Users with funds stuck on the multichain token bridge provided by Allbridge are first in line to receive compensation under a recovery plan posted by the project following a recent exploit.

In an April 5 statement, Allbridge said it has already started a compensation process for users despite only “partly recovering funds” after it was hacked for roughly $573,000 on April 1.

“We will start with the bridge users whose transactions got stuck in pending due to the emergency shutdown,” Allbridge said, adding it will then compensate its liquidity providers (LPs).

https://cointelegraph.com/news/allbridge-to-first-begin-repaying-stuck-bridge-users-after-recouping-funds


Masa announces soulbound ID tokens for Coinbase’s Base Network

Masa Finance’s soulbound tokens will soon be available on Coinbase’s Base network, according to an April 4 announcement from Masa Finance. The new tokens will allow users to link identifying and reputational characteristics to their wallet addresses, making credit underwriting possible on the blockchain, the company said.

https://cointelegraph.com/news/masa-announces-soulbound-id-tokens-for-coinbase-s-base-network


OpenSea launches advanced NFT marketplace aggregator

NFT marketplace OpenSea has unveiled OpenSea Pro, its new nonfungible token (NFT) marketplace aggregator aimed at serving the needs of professional users. OpenSea’s acquisition of NFT aggregator Gem in April 2022 enabled it to develop and refine Gem’s platform to create the new OpenSea Pro.

https://cointelegraph.com/news/opensea-launches-advanced-nft-marketplace-aggregator