Earlier this month, members of the Liquid Federation and Blockstream attended Bitcoin Tokyo 2024, Japan’s largest annual Bitcoin gathering, to discuss the convergence of Bitcoin and Japan’s financial sector. Among the topics up for discussion was the potential role of Bitcoin layer-2 scaling technologies, including Liquid, in helping to drive a new era of innovation in global finance.
Earlier this month, members of the Liquid Federation and Blockstream attended Bitcoin Tokyo 2024, Japan’s largest annual Bitcoin gathering, to discuss the convergence of Bitcoin and Japan’s financial sector. Among the topics up for discussion was the potential role of Bitcoin layer-2 scaling technologies, including Liquid, in helping to drive a new era of innovation in global finance.
Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. In this regard, Sebi collaborated with the Telecom Regulatory Authority of India (TRAI) to reduce the vulnerability of the securities market to manipulation through misuse of mass communication medium like bulk SMS. The regulator said it had received information that messages containing stock tips and other investment advice with respect to selected listed companies are being widely circulated through websites and social media platforms such as Telegram, Facebook, WhatsApp and Instagram. The regulator said it has been undertaking several campaigns to educate the investors to be vigilant while taking investment decisions based on stock tips. This ability to mix the public and the private, as well as the ability to use bots to engage with users has proved to be problematic. In early 2021, a database selling phone numbers pulled from Facebook was selling numbers for $20 per lookup. Similarly, security researchers found a network of deepfake bots on the platform that were generating images of people submitted by users to create non-consensual imagery, some of which involved children.
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