Month: September 2024

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SEC charges fund adviser Galois Capital over crypto custody failures

September 3, 2024 coinpulsehq

The SEC has charged investment adviser Galois Capital with crypto custody violations, including holding of investor assets on FTX. Galois Capital has settled with the regulator and will pay $225,000 in civil penalty. The US Securities and Exchange Commission has charged Florida-based investment adviser Galois Capital Management LLC over the company’s failure to properly custody […]

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Dimensionals Drops Blockchain Features, Shifts to Web2 Model

September 3, 2024 coinpulsehq

Dimensionals, a roguelike deck-building game developed by Mino Games, has officially transitioned to a purely web2 model, marking a significant departure from its initial integration with blockchain technology and NFTs. After launching a non-blockchain version on Steam in March 2024, Mino Games explained the challenges that led to this decision, emphasizing that the project ultimately […]

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UK adjusts AI strategy to navigate budget constraints

September 3, 2024 coinpulsehq

The new UK Government is developing an AI strategy that prioritises public sector adoption over direct industry investment, as part of broader cost-cutting measures ahead of the autumn budget. Since taking office, the government has been reviewing AI-related expenditures and has already cancelled £1.3 billion worth of investments in related technologies proposed by the previous […]