CEX.IO

CEX•IO’s Global MLRO and Head of Financial Crime, Mark Taylor talks about sophisticated scams, AI-driven fraud, and even election system infiltration. Learn how to protect yourself in the latest "What The Fraud?" podcast episode: https://lnkd.in/dHVZKFwj

We’re thrilled to share the exciting news that CEX•IO has resumed services to U.K customers! Following a voluntary pause in our services to align with the Regime of Financial Promotions policy introduced in October 2023, we have officially resumed servicing U.K. customers as of September 11, 2024. This move was part of CEX•IO’s ongoing commitment to adhere to regulatory standards. Whether you’ve been registered in our ecosystem before or would like to do so now, we welcome you and all other interested U.K. crypto enthusiasts! Read more — https://lnkd.in/d4rfXHZ8

CEX•IO enables cash-in and cash-out transactions in USDC at participating MoneyGram International locations! We’re thrilled to add this reputable service integration to the existing plethora of methods available on our platform. Enjoy the convenience of converting your local currency to USDC - and back - in just a few clicks. Send funds to CEX•IO or receive your withdrawals at any participating MoneyGram location. Learn more about this new method, and how to use it at CEX•IO, including the full chart of available regions for this service here - https://lnkd.in/dNkvD4Q7

Those tracking Bitcoin’s diagnostics likely noticed a downturn in the network’s hashrate. But what does this mean for retail participants? To help lend some measured insight, CEX.IO Founder and CEO, Oleksandr Lutskevych, spoke with Cointelegraph to discuss these fluctuating metrics, and what could be behind the drop in hash. Alongside consolidations by large-scale mining operations, Alex notes how institutional curiosity may also be nudging out individuals who once sought refuge in decentralized finance. Discover Alex’s comments in full at the link below.

In the fast-paced world of #crypto, keeping up with the latest trends can be critical to discovering new opportunities. But for those who’ve ridden the rollercoasters of consecutive hype cycles, experience suggests that all innovations should undergo careful analysis before strapping in. To that end, CEX.IO’s Head of Communications, Becky Sarwate, spoke with The Coin Bureau to discuss the rise of celebrity tokens, and how this current fad could impact the crypto space. Dive into Becky’s comments in full at the link below.

Since Bitcoin’s launch in 2009, retail participants who maintained the asset’s potential as a store of value have been righteously vindicated by its overall performance. Now, as more businesses are including BTC among their treasury holdings, it seems corporate entities have woken up to the advantages of a decentralized portfolio. To discuss the rise and ramifications of greater institutional investment in the crypto space, CEX.IO’s Head of Corporate Payment Solutions and Manager of our Lithuanian entity, Arina Dudko, spoke with Cointelegraph to flush out this emerging dynamic. While greater corporate interest in the space could spur further integration and acceptance, Arina notes how low liquidity and rising prices may result in less robust inclusion for retail participants. Discover Arina’s comments in full at the link below

Why is everyone talking about ETFs? In this month’s funducational video, we take a deep dive into one of the most talked about topics in the #crypto space: ETFs. Watch/listen to the clip to learn more about what ETFs are, how they work, why they exist, and what the future might hold, through the voice of CEX.IO’s Head of Communications, Becky Sarwate.

Cheers to Forbes Advisor for the thoughtful review of our product ecosystem. We appreciate the positive feedback on our “excellent security” and “low trading fees,” and are working diligently to strengthen our crypto footprint for curious global participants. Stay tuned as we continue to expand and improve our tenured services for the next generation of crypto advancement. Read the review in full at the link below.

The old adage “work smarter, not harder” is not immediately made manifest by simply throwing the word “intelligence” in front of a proposed solution. Like a “hair of the dog” hangover cure, or deploying subsequent predators after swallowing a fly, using AI solutions to plug AI-generated or societal “holes” could prove more costly than the problems themselves. Ultimately, if proposed AI solutions fail in their purported efficiency, it could be up to retail users and workers to halt its integration. Dive into the current AI debate in our latest industry report COMPASS Q1 2024: Generative AI and Its Downstream Effects at the link below.

Just like Bitcoin’s proof of work consensus mechanism, AI programs are also attempting to solve a problem. Where mining rigs race to complete complex cryptographic puzzles, AI programs synthesize prompts and winnow down possible information before regurgitating an answer. However, where Bitcoin’s brute force computing allows for rapid, successive attempts, most AI programs require a turn-based response for each request. In practice, this creates problems on two critical fronts that undermine AI’s overall efficiency. Join the conversation around generative AI, and download our Q1 2024 COMPASS report at the link below.