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New York’s Bar Association Seeks Law Reform to Keep Crypto Market Lead
30.1.2024
New York City’s Bar Association has pitched an amendment to the law relating to emerging technologies aiming to see the city maintain its crypto market lead. The proposals on several issues were contained in its New York’s state Legislative Agenda released on Jan 29. The Bar seeks to amend lawsuits...
Binance Survey: 73% of European Users Optimistic About Crypto’s Future
30.1.2024
A new Binance survey has found that 73% of European respondents are optimistic about the future of crypto, with 55% exclusively using cryptocurrencies for everyday purchases. “We are delighted to see the high level of optimism amongst European crypto users, reflecting the growing interest...
Belarus Set to Launch Hyperledger Fabric-powered Digital Ruble Platform
30.1.2024
Belarus is edging closer to the launch of its CBDC, the digital Belarusian ruble, with a new “platform” built on the open Hyperledger Fabric blockchain network. Per Ekononmicheskaya Gazeta, the National Bank of Belarus and the Center for Banking Technologies “began developing a platform for...
With VR and AR Poised To Explode, Crypto Project 5th Scape (5SCAPE) Can Spark Major Mainstream Breakthrough
28.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The cryptocurrency market is filled with promising projects positioned for global success, and one notably significant niche is AR/VR gaming. This sector is steadily moving toward becoming a tangible...
AI Agents Will “Probably” Use Crypto, Says Palantir Co-Founder Joe Lonsdale
26.1.2024
Palantir Technologies co-founder Joe Lonsdale has asserted that AI agents will “probably” use crypto when making transactions. In an interview on CNBC’s “Squawk Box” talk show, Lonsdale touched on the future of AI and its potential usage of crypto. When Squawk Box host...
Report: US Crypto Startup Seeks to Launch an Interest-Bearing Stablecoin
24.1.2024
A U.S. blockchain and lending startup is seeking the U.S. Securities and Exchange Commission’s permission to issue an interest-bearing stablecoin. The startup said the digital token will be used as an alternative to existing stablecoins such as tether and USDC. Figure Technologies’...
British Billionaire Alan Howard’s Crypto Firm Scores UK Watchdog Approval
24.1.2024
Goldman Sachs-backed crypto platform Elwood Technologies announced Wednesday that the firm secured regulatory approval as a service provider. The Financial Conduct Authority’s approval covers Elwood’s execution system for security tokens and derivatives. Elwood, founded by British...
UAE President Sheikh Mohamed bin Zayed Forms AI Council to Shape Future Technologies
23.1.2024
Source: Pexels In another pro-tech initiative, the United Arab Emirates (UAE) President Sheikh Mohamed bin Zayed Al Nahyan has announced the creation of an Artificial Intelligence and Advanced Technology Council (AIATC). In his capacity as Ruler of Abu Dhabi, the UAE President has issued a...
Blockchain Startup Figure Technologies Seeks US Regulatory Approval for Interest-Bearing Stablecoin
23.1.2024
Financial technology company Figure Technologies is seeking approval from US regulators to introduce an interest-bearing stablecoin. Founded by former SoFi Technologies CEO Mike Cagney, if successful, Figure will become the first company to offer a stablecoin regulated as a security within...
Covalent (CQT) Announces $5 Million in Grants to Support Frontier Web3 Technologies
22.1.2024
Covalent, a leading name in the blockchain and cryptocurrency industry, is excited to announce its groundbreaking initiative, the Covalent Grants Program. This program is designed to provide substantial incentives, with grants of up to $25,000 USD, to visionary developers and emerging startups...
South African Fintech Startup Ukheshe Acquires 100% Stake in EFT Corporation
21.1.2024
South African fintech startup Ukheshe recently announced that it has acquired a 100% stake in EFT Corporation, an Africa-focused payment services provider. According to the startup, the acquisition takes Ukheshe closer to its stated goal of attaining a larger footprint in Africa and beyond. Access...
MetaMask Plugin Connects Hedera Network with 30 Million Monthly Users
16.1.2024
Source: AdobeStock / bilal ulker The MetaMask Snaps plugin, which provides access to the popular MetaMask wallet’s 30 million monthly active users, is now available on the open-source, proof-of-stake network Hedera. This Hedera Wallet Snap plugin, built by Tuum Technologies, enables...
Web3 in Africa: Regulatory Challenges Impede Potential Transformation
15.1.2024
As Africa‘s Web3 landscape gains momentum, it faces significant regulatory hurdles that threaten to stifle its transformative potential. Jathin Jagannath, a developer advocate for Cartesi, a Web3 rollup protocol, has pinpointed regulatory uncertainties as a major obstacle in Africa’s...
Visa Adopts Web3 Tech for Its New Loyalty Engagement Solution
9.1.2024
Visa, a worldwide leader in credit payment technology, has announced that it will include Web3 elements in its customized loyalty program solution. The company partnered with Smartmedia Technologies, a Web3 loyalty rewards startup, to add innovative features to these programs that include virtual...
Report: Unity Cutting About 1,800 People In Company's Largest Layoff
8.1.2024
A new report says Unity is cutting around 1,800 jobs, or about 25 percent of the company according to a regulatory filing and internal company memo obtained by Reuters on Monday. Read more
America’s Bitcoin Crossroads: Path to Leadership or Decline?
8.1.2024
In the rapidly evolving world of digital assets, the United States seems to be cautiously lagging behind, while other nations sprint ahead. This hesitance is not just a matter of policy inertia but reflects a deeper resistance. The establishment often views these emerging technologies as a threat...
Blockchain Gurus are Stacking This AI Crypto Coin – Here’s Why
4.1.2024
The merger of artificial intelligence and crypto is gaining momentum as investors bet big on platforms like yPredict. Image by Kerem Goktug Kaya, DALL-E 3. Artificial intelligence and blockchain are two of the most disruptive technologies reshaping industries worldwide. As AI is transforming...
Radiologex Unveils R-DEE Protocol Network and Announces Limited RDGX Token Pre-Sale
4.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Radiologex Technologies Ltd. proudly presents the debut of the R-DEE Protocol™ Network by Radiologex, a bespoke blockchain solution for the global healthcare IT sector. After more than five years...
Square Enix in 2024 Doubling Down on Blockchain, AI, and Metaverse Technologies
3.1.2024
Source: jp.finalfantasy.com The Japanese gaming giant Square Enix reaffirmed its plans to utilize blockchain, artificial intelligence (AI), and metaverse in creating novel content for consumers. The Final Fantasy publisher’s Representative Director and President, Takashi Kiryu, has written...
2024: The Year AI and Crypto Converge – Major Boom Incoming?
28.12.2023
Source: Adobe / Yan As we approach 2024, analysts foresee a convergence of artificial intelligence (AI) and web3 technologies leading to a flourishing subsector within the crypto space. The maturation of both AI and crypto has paved the way for innovative developments that could redefine...