AI needs a killer app to prove it’s not a bubble — Goldman Sachs, MIT

Global grocery giant Spar has rolled out Bitcoin-based payments in a Swiss city, marking another step in the growing adoption of cryptocurrency for everyday transactions. A Spar supermarket in Zug, Switzerland, has implemented Bitcoin (BTC) payments via the Lightning Network. The store’s Bitcoin payments went live on BTC Mao, a community-driven project highlighting stores that

The European Central Bank (ECB) has “no plans” to issue its own digital currency, President Mario Draghi told the European Parliament Wednesday, September 12.Addressing a query by MEP Jonás Fernández, Draghi said “substantial development” was still needed in the underlying technology behind cryptocurrencies before the Central Bank would consider using them.“The ECB and the Eurosystem…

The Directorate of Enforcement issued a show-cause notice to the crypto exchange for allowing clients to transfer cryptocurrencies without following the law of the land. 342 Total views 2 Total shares Mumbai-based crypto exchange WazirX has been the target of much of India’s regulatory heat as the company continues to attract local investors. In the latest…

Crypto lender Dharma has begun supporting the peer-to-peer lending of USDC, The Block reported on May 22.Before now, the San Francisco-based company only supported Dai, a stablecoin backed by ether (ETH) that has been regarded as too risky by some investors due to its design, according to Max Bronstein, the company’s business development manager.As USDC is backed by…

Consensys CEO Joseph Lubin told Cointelegraph that crypto might be the “hardest thing” in software history in terms of potential threats, vulnerabilities and complexity.

Bitcoin (BTC) starts a key week for macro markets with a bump as the weekly close gives way to a sharp 7% BTC price correction.In a fresh bout of volatility, the largest cryptocurrency broke down toward $40,000, reaching its lowest levels in a week.Arguably long overdue, Bitcoin’s return to test support nonetheless caught bullish latecomers

While Facebook’s Libra project appears to have stagnated after facing international pushback from regulators, rival blockchain platform Celo is gaining momentum. Klaytn, the public blockchain platform developed by Ground X, an affiliate of the major South Korean internet company, Kakao, joined Celo’s Alliance for Prosperity on May 8.Celo, a distributed ledger technology, or DLT, based…

BitMEX's operator has allocated new leadership roles with immediate effect. 586 Total views 10 Total shares The operator of crypto derivatives exchange BitMEX has announced a sweep of its top leadership, after United States authorities charged its founders with failing to prevent money laundering and operating an unregistered trading platform illegally. On Oct. 8, BitMEX's operator, 100x Group, announced that…