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Crypto Crashes and Climate Chaos: FDIC Highlights Key Banking Risks in 2023


The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry. FDIC: Cryptos and Climate Top Risk List for Banks in 2023 Cryptocurrencies present “novel and complex risks” that are difficult...

Bitrefill Adds Support for eSIM Purchases With Cryptocurrencies


Bitcoin-friendly mobile top-up platform Bitrefill announced support for eSIM purchases with a number of cryptocurrencies. The service will allow travelers to have access to fast internet in different countries around the world after buying prepaid data plans using their digital coins. You Can...

It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations'


An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new "ChatBTC" is less likely to give incorrect answers about the original cryptocurrency, or to “hallucinate” like the more popular (and generalist) ChatGPT

Base Opens Ethereum Bridge, Mainnet to Launch August 9


Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free access to developers to launch their apps on top of it. Base...

Bernstein Report: Top Crypto Miners Set to Benefit Most as Capacity Surges


Wealth management company, Berstein has said that digital asset mining firms with high capacity and a low production cost will become the biggest gainers in the wake of recent trends.  According to the report released on Aug 3, the top 4 largest miners who have invested heavily in equipment...

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