Circle’s USDC stablecoin to launch on Sui network
17.9.2024
The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol
Sui Becomes Official Blockchain Partner with Asia’s Largest Martial Arts Organization
17.9.2024
Sui, a cutting-edge Layer 1 blockchain, announced it will be the official blockchain partner of ONE Championship, Asia’s…
Bitcoin Holds Above $58K as Odds of Big Fed Rate Cuts Jump to 67%
17.9.2024
Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago
Police Warn of Bitcoin Scam Threatening to Expose Private Information
17.9.2024
Hillsborough and Campbell, California, residents have been alerted to a new email scam, according to local police departments. Scammers are sending emails containing personal details and photos of victims’ homes, threatening to release private information unless they pay $2,000 in bitcoin....
Blockchain could help UK’s $14.5T payments sector, says trade group
17.9.2024
Trade group UK Finance hailed experiments on the Regulated Liability Network as a success but called for further talks with regulators to develop the system
Bhutan has twice as much Bitcoin as El Salvador, says Arkham
17.9.2024
Bhutan’s investment arm, Druk Holdings, holds more than 13,000 BTC, which is more than double El Salvador’s stash.
Intel shares jump 6% after plan to spin off AI chip-making arm
17.9.2024
Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding.
Latam Insights Encore: Brazil Shows How States Should Keep an Eye on Crypto Usage for Nefarious Purposes
17.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how Brazil is becoming an example of how states should enforce crypto compliance by battling tax evasion and pursuing money laundering groups...
Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project
17.9.2024
Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in partnership with the Argentina-based crypto exchange Ripio...
AI scientists urge ‘contingency plan’ in case humans lose control of AI
17.9.2024
In an open letter, scientists shared worry that the loss of human control or malicious use of AI systems could lead to catastrophic outcomes for all of humanity.
UN Chief: Unregulated AI Threatens Democratic Systems
17.9.2024
UN Secretary-General António Guterres warned that unregulated artificial intelligence (AI) poses a risk to democratic systems, exacerbating disinformation and gender inequality. He urged countries to establish AI governance guidelines and promote responsible use. Guterres noted AI’s potential...
SEC commissioners slam agency after $750K FlyFish Club NFT settlement
17.9.2024
SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the commission to give NFT firms more room to experiment