Binance leaves the Russian Federation, and the SEC is dragging its feet

“Bring Back Tone Weiss” is a news podcast with the editors and friends of ForkLog about the main industry events of the week.

Issue topics: Binance closes its Russian branch, SEC postponed decision on several bitcoinsETFBitmama went to jail, new ChatGPT updates.

Participants: Lena Jess, Vasily Smirnov.

Special guest: BDM of Betatransfer company Alexander Volkov.

Host: Aremefe.

Binance leaves Russia

The Binance cryptocurrency exchange will leave the Russian market. The business will be sold to CommEX, which announced its launch on September 26. According to the Terms of Use, CommEX Holding Limited is registered in Seychelles. In this case, Hong Kong legislation is applied to resolve legal disputes. Binance uses a similar practice.

Information about the owners and beneficiaries of the newly opened exchange is not disclosed.

Bitmama case

The BitOK service team has identified key addresses associated with the activities of Valeria Fedyakina, known under the nickname Bitmama, accused of cryptocurrency fraud, and her accomplices. At the moment, according to Baza, Fedyakina is in pre-trial detention center No. 6 Pechatniki, she faces up to 10 years in prison.

Escape of JPEX organizers

The co-founders and chief executives of the collapsed Hong Kong exchange JPEX, which is called Hong Kong’s largest crypto scam, are believed to have gone on the run.

New ChatGPT update

OpenAI developers have released a global update for the ChatGPT chatbot, which has learned to “see, hear and speak.” Now users can add images to their requests, as well as communicate with the neural network using voice.

Labor market in blockchain

This week two materials were published about the labor market in the crypto industry:

• A study by Pantera Capital, according to which only 3% of blockchain employees receive salaries in cryptocurrency;
• Interview with HR specialists about the peculiarities of hiring at Web3 during the prolonged crypto winter.

Bitcoin ETF delayed

The US Securities and Exchange Commission has delayed its decision on several spot Bitcoin ETF applications from ARK Invest and 21Shares until January 10, 2024. The decision to accept the spot Ethereum-ETF was also postponed until the end of December.

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