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Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight
3.8.2023
Figure Technologies, Inc., has pulled its application to become a federally chartered bank in the U.S., ending a three-year rollercoaster ride as regulators clamped down on crypto activity and digital assets banking suffered a black eye when regional lenders associated with the tech world cratered...
Study: Generative AI Could Add Trillions to Global Economy
31.7.2023
A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study, titled “The Economic Potential of Generative AI” and published June 14, 2023, analyzes the impact AI tools...
US Representatives Bilirakis and Schakowsky Inquire About Apple’s Policies on Blockchain and NFTs
30.7.2023
Representatives Gus Bilirakis and Jan Schakowsky, part of the House Innovation, Data, and Commerce Subcommittee, have sent a letter to Apple requiring information and documents regarding Apple’s iOS Appstore policies on blockchain, non-fungible tokens (NFTs), and distributed ledger...
SEC adopts cyberattack disclosure rules, listed crypto firms included
28.7.2023
Coinbase, Marathon Digital and Riot Blockchain are among the SEC-registered cryptocurrency firms that would need to comply with the rules
Bitcoin Miners Buy up Rigs as Prices Near All-Time Lows
26.7.2023
Despite mining’s doldrums, miners are prioritizing the inclusion of next-generation mining rigs in their operations to prepare for the next Bitcoin halving
Crypto Robo-Advisor Hedgehog Partners With CoinDesk Indices on Automated Investing Services
26.7.2023
The SEC-registered robo-adviser will offer several crypto sector investment solutions, in addition an offering that follows all of the sectors tracked by CDI
U.S. Senate wants companies to report investments in Chinese technologies
26.7.2023
The Senate showed overwhelming support that would require U.S. companies to report any outbound investments into Chinese technologies
QED: A Zk-Native Blockchain Capable of Serving Millions of Concurrent Users
17.7.2023
PRESS RELEASE. July 17th, 2023, Hong Kong. Startup Open Asset Standards has recently announced QED, the world’s first ZK 2.0 blockchain protocol. Unlike existing zero knowledge blockchain protocols, QED has a novel state model which is horizontally scalable, meaning it is no longer limited...
Hive Blockchain Shifts Focus to AI, Rebrands as Hive Digital Technologies
13.7.2023
Prominent crypto mining firm Hive Blockchain has rebranded itself to Hive Digital Technologies as the company shifts focuse toward artificial intelligence.
In a Wednesday statement, the Vancouver, Canada-based mining company said that the removal of "blockchain" from its name was a deliberate...
The Best Games That Let You Kill Robots And AI-Powered Monsters
8.7.2023
To populate all the various digital worlds we explore in video games, developers often recycle the same kinds of enemies, like zombies or spiders. And then there’s one type of enemy who, throughout game history, has been perhaps the most ubiquitous of all: robots. These AI-powered artificial...
UK Commission Publishes Recommendations for Reform and Development of the Law on Digital Assets
30.6.2023
The Law Commission of England and Wales has published its “recommendations for reform and development of the law on digital assets.” The recommendations, which seek to secure the U.K.’s position as a global crypto hub, are intended “to provide a comprehensive legal foundation...
Mastercard Introduces ‘Multi-Token Network’ to Support Wider Digital Asset Industry
30.6.2023
Mastercard has introduced its Multi-Token Network (MTN), an app store powered by blockchain technologies for building regulated financial applications. “MTN represents one of Mastercard’s most ambitious projects in the digital asset space to date,” said the payment giant’s head...
Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives
30.6.2023
Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out companies like Fidelity, Blackrock, JPMorgan, and Goldman...
Čeští vývojáři Ackee prodali minoritu Expandii, propojí se s Arbes Technologies
27.6.2023
Do české vývojářské společnosti Ackee vstupuje minoritní investor. Společnosti Expandia získala podíl ve výši dvaceti procent. Zbytek nadále skrze strukturu více společností drží Martin Půlpitel (40,5 procenta), Dominik Veselý (37,5 procenta), Josef Gattermayer (19 procent) a Jan Mísař (tři...
Crypto Robo-Adviser Hedgehog Launches as App With Gemini as Custodian
21.6.2023
Hedgehog, which provides algorithm-driven financial guidance for cryptocurrency investors, has launched as an app on both iOS and Android systems
CMC Markets invests in StrikeX Technologies
12.6.2023
StrikeX Technologies has announced a partnership with CMC Markets. This comes to light after CMC Markets proceeds with its investment and strategic investment in the venture. Reportedly, CMC Markets has acquired a 33% stake and onboarded two executives to the side of their partners. While the stake...
Lightning Data Analytics Firm Amboss Launches New ‘Liner’ Index for Bitcoin Yield
6.6.2023
The company says the new index dubbed Lightning Network Rate (Liner) could be like Bitcoin’s version of the London Interbank Offered Rate (Libor), a global reference rate for loans. Liner complements Magma, the Lightning liquidity marketplace launched by Amboss last year
Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains
6.6.2023
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability company, and Toki, a cross-chain bridge, to allow...
Coinbase CEO Brian Armstrong: China Will Benefit From Restrictive US Crypto Policies
3.6.2023
Coinbase CEO Brian Armstrong has stated China will be one of the biggest beneficiaries of how the U.S. is approaching cryptocurrency regulation. According to Armstrong, the current regulatory system drives cryptocurrency innovation offshore, while other countries like China embrace these...
BRICS Nations to Encourage Use of Local Currencies in Trade
3.6.2023
Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign ministers revealed. The top diplomats, who met in South Africa, also emphasized the importance of financial inclusion, welcoming new technologies that support it. BRICS to Stimulate...