ChainCatcher news, according to Cointelegraph, the U.S. Department of the Treasury stated on October 17 that it has recovered $4 billion in "fraud and improper payments" in fiscal year 2024 by using artificial intelligence to sift through data. By adopting artificial intelligence, the amount of fraud recovered by the Treasury has increased nearly fourfold compared to the previous fiscal year, which recovered $652.7 million in fraudulent payments.

ChainCatcher news, the leading decentralized artificial intelligence agent DeAgentAI announced the launch of its community's first model based on the DeAgentAI feedback training mechanism ------ AlphaX.DeAgentAI is the first AI feedback mechanism incentive protocol in Web3, which tightly couples the feedback mechanism with the training process, realizing the concept of Proof of Insight for the first time, aiming to solve the challenge of rapidly implementing large models in various niche scenarios.AlphaX is developed by an AI team from top academic institutions such as Carnegie Mellon University, University of California, Los Angeles, and State University of New York, and has received widespread recognition from industry leaders and traders during its internal testing phase. It is reported that users can leverage AlphaX to obtain BTC and ETH price prediction signals generated by DeAgentAI's self-developed AI model, and provide feedback to the model by choosing to trust or not, offering more parameters for the team to train the model.To promote the marketization of AlphaX, DeAgentAI has engaged in strategic cooperation with multiple ecological partners such as Bitlayer, KiloEx, and oooo to jointly hold market activities. In addition, DeAgentAI has launched an incentive program worth 1 million USDT, giving users the opportunity to share in the 20 million tokens prepared for the AA's Dog activity season.DeAgentAI successfully completed a $6 million financing this year and held an ecological joint event GUESS2049 in September in collaboration with more than ten leading project parties such as B2Network, with a total of 300,000 users conducting over 440,000 on-chain transactions.

ChainCatcher news, the Chief Executive of the Hong Kong Special Administrative Region, John Lee, stated that the government will continue to promote the policy stance and guidelines for innovative financial services applications of central bank digital currency, mobile payments, virtual banks, virtual insurance, and virtual asset trading using artificial intelligence.Measures include: 1. Promoting the application of central bank digital currency for cross-border payments. The Hong Kong Monetary Authority is actively testing and exploring more technological solutions and scenarios related to cross-border trade settlement on various central bank digital currency cross-border networks, and expanding the participation of public and private institutions. 2. Improving the regulation of virtual assets and trading. The Financial Services and the Treasury Bureau will complete the second round of consultation on the regulation of over-the-counter trading of virtual assets and submit a virtual licensing system to regulate virtual asset custodial service providers. 3. Promoting the tokenization of real-world assets and the digital currency ecosystem. The Hong Kong Monetary Authority is promoting the progress of the Ensemble project.

ChainCatcher news, OpenAI has launched an experimental framework called "Swarm," aimed at coordinating a network of artificial intelligence agents, although the company emphasizes that Swarm is not an official product.Swarm provides developers with a blueprint for creating an interconnected network of artificial intelligence that can communicate, collaborate, and handle complex tasks autonomously. While the concept of multi-agent systems is not new, Swarm represents an important step in making these systems more accessible to a broader range of developers.The potential business applications of this framework are vast. Theoretically, companies using technologies inspired by Swarm could create a dedicated network of artificial intelligence agents for different departments. These agents could work together to analyze market trends, adjust marketing strategies, identify sales leads, and provide customer support—all requiring minimal human intervention.

ChainCatcher news, NFT artist DeeKay updated on the "wallet theft" incident, stating that the identity of the thief has been determined and the funds can be recovered.DeeKay did not specify who stole his funds but mentioned it was someone very close to him. The thief had access to a piece of paper where DeeKay had written down the seed phrase, so this theft did not involve hacking through Google Drive, malware, or similar means.Previous news, DeeKay stated last week that all wallets were stolen, and all the savings earned as a Web3 artist were lost.

ChainCatcher news, CattleProof is a U.S. tech company that provides ID for livestock using a decentralized network, today announced that it has received official certification from the U.S. Department of Agriculture (USDA) Process Verified Program (PVP).The USDA's Process Verified Program is a mechanism that allows agricultural producers, among others, to demonstrate to third parties that their production meets specific standards. This is also a way to gain consumer trust.CattleProof's system ensures that all data related to cattle, from birth to death, is securely and reliably stored on the blockchain. This enhances transparency and traceability.

ChainCatcher news, according to the Daily Economic News, the latest HBO documentary "Money Electric: The Bitcoin Mystery" has been released, in which director Cullen Hoback identifies the main character, Canadian software developer and cryptocurrency expert Peter Todd, as "Satoshi Nakamoto." In response, Peter Todd emphasized that he is not "Satoshi Nakamoto," and that Cullen Hoback's identification of him as "Satoshi Nakamoto" is merely a way to attract attention to his Bitcoin documentary."During the documentary production process, Cullen interviewed me 4 to 5 times, lasting for many hours. Until the last interview, he gave no impression that he was looking for Satoshi Nakamoto. He just introduced that he was trying to make a documentary about Bitcoin itself," Peter Todd further explained.In addition, Peter Todd also emphasized his personal safety, stating, "Being falsely accused by Cullen Hoback of having billions of dollars puts me at risk." Peter Todd also mentioned that he has not yet decided whether to take legal action to protect his interests.

ChainCatcher news, according to Coinpost, the Financial Services Agency of Japan has issued a statement believing that "unmanaged wallet services" using certification technology do not fall under the category of cryptocurrency trading businesses (managed businesses). This judgment is seen as a way to help alleviate legal uncertainties in the cryptocurrency (virtual currency) industry.An unmanaged wallet is a digital wallet for cryptocurrency assets where users can manage their own private keys. This method of bypassing a central administrator is the foundation of widely adopted services in the industry (such as Metamask and Phantom).This judgment was made through the "Gray Zone Elimination System" based on the Act on Strengthening Industrial Competitiveness. This system aims to promote innovation by clarifying the regulatory applicability in emerging businesses in advance. The relevant procedure was requested by the business minister (in this case, the Ministry of Economy, Trade and Industry) to the regulatory minister (the Financial Services Agency) for confirmation.

ChainCatcher news, according to CoinDesk, Christie's will provide blockchain-based digital ownership certificates for each lot at the auction "Focus on the Real: The Photographs from the Collection of Ambassador Trevor Traina," held at Rockefeller Center in New York.It is reported that this auction involves 130 works, and the ownership certificates will be minted on Base, an Ethereum Layer 2 blockchain developed by Kresus on Coinbase. Christie's ventured into blockchain technology as early as 2021 when it auctioned Beeple's "Everydays" series for a price of $69 million.

ChainCatcher news, Malaysian Prime Minister Anwar Ibrahim stated that the country will establish a national artificial intelligence office to coordinate initiatives surrounding the development of artificial intelligence.He also announced a national cloud computing policy plan aimed at improving public service innovation, economic growth, competitiveness, and digital inclusion. This policy will prioritize data security and user trust, ensuring that all citizens can benefit from technological advancements. The mission of the national artificial intelligence office is to complete a five-year technology "action plan" and a regulatory framework by next year, which will help promote the adoption of ethical and sustainable artificial intelligence.

ChainCatcher news, according to Cointelegraph, the EU is collaborating with top global experts to develop the first "code of practice" for general artificial intelligence models, which aims to establish new standards for transparency and risk management through its AI Act.According to an announcement from the European AI Office, nearly a thousand experts from academia, industry, and social sectors are involved in this work, with the final draft expected to be completed by April 2025.This code will apply to widely used artificial intelligence models, such as large language models (LLMs), and will cover key issues such as transparency, copyright, risk assessment, and internal governance. It aims to set new standards for global AI governance, balancing safety and innovation needs.

ChainCatcher news, Grayscale has announced that the decentralized artificial intelligence fund is now open to eligible qualified investors. The fund holds NEAR, RNDR, FIL, LPT, and TAO, diversifying investments in the intersection of artificial intelligence and cryptocurrency.The Grayscale Decentralized AI Fund is one of the first securities to be fully invested in native tokens of decentralized AI protocols and to derive value from them. Decentralized AI refers to the integration of artificial intelligence and blockchain technology. The fund provides access in the form of securities, eliminating the need to directly purchase, store, and custody digital currencies.

ChainCatcher news, California Governor Gavin Newsom vetoed a controversial artificial intelligence bill SB 1047, stating that the bill would hinder innovation and fail to protect the public from the "real" threats posed by this technology.The bill, titled the "Frontier Artificial Intelligence Model Safety and Innovation Act," faced strong opposition from Silicon Valley. It proposed mandatory safety testing for AI models and other safeguards, which tech companies feared would stifle innovation.In a statement on September 29, Newsom said, "While the intentions are good," it could impose unnecessary restrictions on California's emerging AI companies. The bill focuses too much on regulating existing top AI companies without protecting the public from the "real" threats of new technologies. "On the contrary, the bill even adopts strict standards for the most basic functionalities—whenever a large system deploys it. I don't think this is the best way to protect the public from the real threats posed by this technology."

ChainCatcher message, Zhao Changpeng posted on the X platform stating that the food tastes amazing, and being able to eat more than one piece of fruit every day is truly a luxury. I want to thank everyone for their support. This means a lot to me and helps me stay strong during my darkest moments.Some quick updates/thoughts: Giggle Academy is progressing well and will become an important part of my life in the coming years. I will continue to invest in blockchain/decentralized technology, artificial intelligence, and biotechnology. I am a long-term investor, focused on impact rather than returns. I will also dedicate more time and resources to charity (and education). I have some rough ideas. I am still writing my book. I think I am about 2/3 finished. Writing the book is much more challenging than I expected, but I will persevere.

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated in a social media post, "As I mentioned in a post earlier this year. For a decade, the intersection of crypto/AI use cases has been evident, which is robot market-making DEX. There are many promising avenues for expanding it to prediction markets and for adjudication games in DAOs."

ChainCatcher news, Federal Reserve Governor Cook did not mention monetary policy or economic outlook in his opening speech at the conference themed on artificial intelligence, but he stated that AI could have a negative impact on employment, although he is optimistic that AI can enhance productivity. (Jin Ten)

ChainCatcher news, according to The Block, Macquarie, the Australian multinational investment bank, has given "outperform" ratings to several Bitcoin mining companies including MARA, Riot Platforms, Core Scientific, CleanSpark, and Cipher Mining. Analysts believe these companies are shifting focus from cryptocurrency to artificial intelligence (AI) and high-performance computing (HPC) models.Macquarie analysts Paul Golding and Emma Liang noted that in recent years, Bitcoin mining businesses have become increasingly diversified, a trend that has accelerated following Bitcoin's fourth halving in April this year. Some mining companies view their unique power resource advantages as opportunities to diversify into non-crypto-related hosting businesses, while others focus on accumulating Bitcoin assets.

ChainCatcher news, according to Xinhua News Agency, the Central Committee of the Communist Party of China and the State Council issued opinions on implementing a priority employment strategy to promote high-quality and full employment. The opinions propose to prevent and resolve major risks. Establish and improve a statistical monitoring system for high-quality and full employment, establish an employment position survey system, and conduct assessments of high-quality and full employment in a timely manner. Improve the mechanism for preventing and resolving large-scale unemployment risks, strengthen monitoring and early warning, policy reserves, and emergency response. In areas with conditions, employment risk reserve funds may be established to properly respond to major risks in the employment sector. Actively respond to the impact of the rapid development of emerging technologies such as artificial intelligence on employment.