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Balaji Srinivasan Equates Bitcoin ETF Move to Reversal of FDR’s Historic Gold Seizure
11.1.2024
The sanctioning of U.S. spot bitcoin exchange-traded funds (ETFs) heralds a transformative shift from a century-long dominance of centralized monetary systems to the emerging realm of decentralized finance, as opined by Balaji Srinivasan, a distinguished figure in technology and the crypto...
European Central Bank Shows It’s Serious About Enabling Digital Euro Offline Use
11.1.2024
The central bank plans to allocate the lion’s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro
Its “All Systems Go” for Spot Bitcoin ETF Approval, Senior Analyst Says
10.1.2024
Courtesy: Unsplash It’s “all systems go” as the crypto community waits for SEC approval of a spot bitcoin ETF, according to senior ETF analyst, Eric Balchunas. “Happy ETF Approval Day to all those who celebrate,” ETF analyst says “Happy ETF Approval Day (for real this time) to all those...
Orbit Bridge Hacker Suspected in Coinspaid and Coinex Breaches
4.1.2024
Source: AdobeStock / Tamara Blockchain analysts from Match Systems have found that the Orbit Chain hackers used the same tactics as those in several other high-profile attacks – suggesting that a cybercrime organization, possibly the infamous Lazarus Group, stands behind these hacks. This...
Tesla Recalls Millions Of Cars To Patch Mode That Could Kill You
13.12.2023
Tesla is recalling and updating almost all of its two million electric cars sold in the United States to place additional limits on their included self-driving assistance mode, Autosteer. Investigations have shown Autosteer can be extremely dangerous, and it’s been blamed for multiple accidents...
Political Movement The Other Party Reveals Plan for Blockchain-based Democracy in the UK
8.12.2023
Source: Pixabay The Other Party debuted in the UK today with a commitment to decentralize power and restore it to the public using blockchain technology. According to a statement published on its website, The Other Party aims to shake up conventional centralized political systems, fostering a more...
Worldcoin Foundation Launches $5 Million Community Grants Program’ Wave0′
7.12.2023
The iris-scanning project Worldcoin (WLD) has unveiled an initiative aimed at supporting innovators working on resilient technology and fostering more equitable systems. On December 6, the Worldcoin Foundation unveiled a community funding initiative called “Wave0,” allocating $5 million...
Worldcoin Foundation $5M Grants Program Focuses on 'Equitable Systems'
6.12.2023
The grants are supposed to give developers a “focus on building resilient technology and more equitable systems.”
New Binance CEO Richard Teng Addresses Compliance Issues in First Interview
6.12.2023
Image Source: Binance Richard Teng, the newly appointed CEO of Binance, has faced a challenging debut during his first public interview. In an interview at the Financial Times’ Crypto and Digital Assets Summit in London, the crypto boss acknowledged that Binance’s compliance systems...
Central Bank of Italy and South Korea Strike CBDC Partnership on IT and Payment Systems
5.12.2023
Source: AdobeStock The Central Bank of Italy and South Korea have announced a partnership to collaborate on key areas like payment systems and IT in the development of Central Bank Digital Currencies (CBDCs). A Dec 5 press release by La Banca d’Italia disclosed the agreement which would see both...
Former Paxful CEO Ray Youssef Named CEO of Noones, a Financial Communication App – Here’s What You Need To Know
4.12.2023
Source: Adobe / Rizu Designs Former Paxful CEO Ray Youssef has been appointed as CEO of Noones, a financial communication app aimed at integrating the Global South into the world’s financial systems. Noones has announced the appointment of Ray Youssef as its CEO following its official launch...
US Space Force Member Proposes Bitcoin’s PoW Systems in Cyberattack Prevention
4.12.2023
Image by Kaleb, Adobe Stock Jason Lowery, a member of the United States Space Force, has proposed the use of proof-of-work (PoW) networks, like Bitcoin (BTC), as a means to protect the country from cyber-inflicted warfare. In a letter addressed to the US Defense Innovation Board, Lowery emphasized...
Study Reveals Bitcoin Mining as a Catalyst for Renewable Energy Growth and Flexible Load Systems
28.11.2023
A recently published working paper, collaboratively authored by industry experts, examines the critical influence of bitcoin mining in promoting worldwide clean energy efforts and stabilizing electricity grids. This paper probes into the utility of mining as a flexible and versatile instrument...
Binance, CZ paid for defying financial, political status quo: Arthur Hayes
28.11.2023
Global cryptocurrency exchange Binance paid one of the largest corporate fines in history for challenging the financial and political status quo in America, according to Arthur Hayes
Atomic Wallet asks to toss suit over $100M hack saying it has ‘no US ties’
20.11.2023
The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado where the suit was filed
Modern Warfare III’s Latest Patch Runs Into ‘Unforeseen Issues’
16.11.2023
Sledgehammer Games and Treyarch have dropped a new update for Call of Duty: Modern Warfare III that was intended to bring numerous fixes to the game. And while the released patch did still address issues with the shooter’s performance, most notably during parts of the Zombies campaign and in...
Microsoft Maia AI chip 'last puzzle piece' for infrastructure systems
16.11.2023
The new Microsoft Azure Maia AI Accelerator is designed for AI tasks and generative AI and was debuted in tandem with its new Azure Cobalt CPU to compute cloud workloads
China Criminalizes Stealing NFTs and Digital Collections
10.11.2023
Source: Pixabay The Chinese government has released a statement declaring that anyone caught stealing digital collections, which include digital collectibles such as NFTs, will be subject to criminal penalties. The statement added that the theft of digital collections would also be evaluated...
BIS Chief Touts Benefits of CBDCs, Says Crypto Reveals ‘Poorly Designed and Poorly Supervised Financial Systems’
8.11.2023
In a Wednesday speech in Basel, Switzerland, Bank for International Settlements (BIS) chief Agustín Carstens argued that central bank digital currencies (CBDCs) will “sit at the core of the future financial system,” bringing innovation and meeting public expectations. While Challenges Remain,...
Visa launches global AI advisory practice focused on generative systems
8.11.2023
Visa’s new AI advisory practice will leverage more than 1,000 analysts and consultants around the globe