AI makes it even easier for governments to surveil you — Nym CEO

According to a recent report by Cointelegraph Research, the volume of nonfungible tokens (NFTs) sold this year could eclipse $18 billion. From artwork, music and in-game characters to videos and photographs, these minted certificates of ownership for digital assets on blockchains are well sought after by collectors, investors and philanthropists alike. They can also be…

While global unemployment continues hitting new highs amid the coronavirus pandemic, the cryptocurrency industry is stepping in to shelter job losses, with some of the biggest companies in the space announcing their intention to hire new employees.Binance, the world’s largest cryptocurrency exchange, has just announced that it is seeking to hire more than 100 new…

Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by the USD. 307 Total views 14 Total shares Stablecoin issuer Tether (USDT) has nearly completely slashed its commercial paper holdings, with less than $50 million worth…

Co-founder and managing partner of cryptocurrency lending startup Nexo Antoni Trenchev said that bitcoin (BTC) naysayers are having a hard time in an interview with CNBC published on June 25.During the interview, Trenchev pointed out that bitcoin has been defined dead over 300 times (90 only last year) and “has risen from the ashes yet…

A new report published by the Hong Kong Stock Exchange (HKEX) Oct. 18 proposes that financial technologies (fintech), including cryptocurrencies and blockchain, should be regulated in consistency with existing regulatory frameworks.The report, written by the Chief China Economist’s Office and Innovation Lab at HKEX, focuses on integrating and regulating blockchain and artificial intelligence (AI) applications…

Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation. 110 Total views 1 Total shares Central banks have a responsibility to keep pace with the digital age and lead innovation, Agustín Carstens, general manager of the Bank for International Settlements (BIS), believes.In his opening remarks at a conference in Basel, Switzerland

Bitcoin's short-term holder cost basis is crossed in a rare show of weakness as BTC price action fails to find support.

Earlier today the price of Bitcoin (BTC) hit $18,815 on Binance for the first time in nearly three years. Following the breakout, BTC is on track to see a new all-time high in the near term for four significant reasons.The factors that make a new record high likely are growing institutional demand, reduced selling pressure,…

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