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Open Source Tools Levels Playing Field for Smaller AI Firms Says Decentralized AI Proponent
13.7.2024
To preempt lawsuits and counter allegations that they are training their respective artificial intelligence (AI) models with illegally obtained data, AI firms should rely on publicly available or open-source data, according to Alberto Fernandez. Fernandez, a proponent of decentralized AI and also...
Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF
13.7.2024
Three-quarters of the jurisdictions surveyed by the Financial Action Task Force (FATF) “are only partially or not compliant” with the anti-money laundering recommendation for the virtual assets sector. According to the latest FATF update, 60% (88 jurisdictions) have decided to permit...
DBS Digital Exchange Sees 3-Fold Surge in Trading Value — Custodied Crypto up 80%
13.7.2024
DBS, a leading financial services group in Asia, reports a significant increase in the trading value of digital payment tokens on its digital exchange for the first five months of this year. The surge reflects growing institutional interest in digital assets as part of alternative portfolios....
CME Group Adds XRP to Crypto Benchmarks
13.7.2024
CME Group, a leading global markets company, has announced the launch of XRP and ICP reference rates and real-time indices. Ripple CEO Brad Garlinghouse explained that the first step towards institutional crypto products is having a trusted benchmark reference rate. CME Group Introduces Transparent...
Pixelverse Raises $2 Million, Totals $7.5 Million in Private Funding
13.7.2024
Pixelverse, a Web3 gaming ecosystem, has secured an additional $2 million in funding, bringing its total private round to $7.5 million. This funding was provided by several Web3 venture capital firms and prominent angel investors. Web3 Gaming Platform Pixelverse Secures $2M in Latest Funding Round...
Square-Enix backs blockchain-based football MMO ‘Soccerverse’
12.7.2024
The game uses the Polygon blockchain and currently runs in most browsers
Seven Years of Binance: CEO Richard Teng Shares Insights on Achievements and Future Goals
12.7.2024
Binance is celebrating its seventh anniversary, reflecting on its growth and achievements in the rapidly evolving cryptocurrency industry. In an open letter, Binance CEO Richard Teng shared his insights and perspective on the company’s journey and future. Binance CEO Richard Teng on Successes...
Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined
12.7.2024
Centralized exchanges are becoming the new ground zero for hackers, as shown by a 900% increase in losses year-over-year
MakerDAO's $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock's BUIDL, Ondo, Superstate
12.7.2024
MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space
Gemini’s Tyler Slams SEC & Gensler; Calls Them Corrupt
12.7.2024
The U.S. Securities and Exchange Commission (SEC) has closed its three-year investigation into the Stacks blockchain and Hiro Systems without taking any action. This decision has prompted mixed reactions from industry leaders, including one of the Winklevoss brothers. Crypto industry responds...
Traditional Money Launderers Appear to Be Using Crypto, Chainalysis Says
12.7.2024
The crypto tracing company's latest report shines a light on potential money laundering
Hiro Systems Applauds SEC Decision to Close Stacks Investigation
12.7.2024
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Stacks, a Bitcoin scaling network, and its original developer, Hiro Systems, with no recommended enforcement actions. This investigation began in 2021 despite claims by network contributors that Stacks’...
US Bitcoin ETFs Continue Inflow Streak, Funds Now Hold 4.47% of BTC’s Market Cap
12.7.2024
The U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows on Thursday, marking five consecutive trading days of positive movement. The ETFs accumulated $78.93 million, with Blackrock’s IBIT leading by bringing in $72.09 million. U.S. Bitcoin ETFs Record Fifth...
EU endorses relational blockchain initiative for sustainable solutions
12.7.2024
The European Union has confirmed its collaboration with ChromaWay to develop blockchain-based sustainability solutions, focusing on Digital Product Passports and Intellectual Property Rights
EU endorses relational blockchain initiative for sustainable solutions
12.7.2024
The European Union has confirmed its collaboration with ChromaWay to develop blockchain-based sustainability solutions
Here’s what happened in crypto today
12.7.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Nigeria’s blockchain future depends on local talent, experts say
12.7.2024
Local experts note that if Nigeria adopts a foreign blockchain it would be difficult for the country to stamp its influence on key blockchain decisions.
Nigeria’s blockchain future depends on local talent, experts say
12.7.2024
Local experts note that if Nigeria adopts a foreign blockchain, it will be difficult for the country to exert its influence on key blockchain decisions.
DeFi Protocol Dough Finance Hit by $1.8M Flash Loan Attack
12.7.2024
Decentralized finance (DeFi) protocol Dough Finance was victim to a flash loan attack on July 12, resulting in a loss of $1.8 million in digital assets. ????ALERT????Our system has detected multiple suspicious transactions involving @DoughFina. After communicating with the #AAVE team, we...
DEX Aggregator Rage Trade to Issue Token on Buzzy New Layer 1 Blockchain Hyperliquid
12.7.2024
Decentralized exchange aggregator Rage Trade has announced plans to issue a new token via a liquidity generation event and a token sale on layer-1 blockchain Hyperliquid