AI tokens lose $4.69B market cap in 3 days — When ‘UPtober?’
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.
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Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance and now it will “vigorously defend” itself, it says. 445 Total views 1 Total shares “Coinbase has embraced regulation since we were founded over a decade ago,” the cryptocurrency exchange’s chief legal officer, Paul Grewal, told the United States Congress on June 6. “The…
Why is Bitcoin price up today?
Bitcoin price is up today, and a market-wide rally in crypto prices suggests that BTC and Ether (ETH) could be aiming to wrap up the month of October in the black. As of October 26, 2022, most major cryptocurrencies are posting single-digit gains. Bitcoin recorded a 5.15% price increase within the last 24 hours and…
Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023
As global blockchain adoption is accelerating, countries in the Middle East and Africa (MEA) are forecasted to massively increase their spending on the tech in the next few years.According to a new report by United States-based market research firm International Data Corporation (IDC), governments across MEA will see a 400% surge in their investment to…
Deutsche Boerse Establishes Centrally-Steered Unit Dedicated to Blockchain, Crypto Assets
Germany’s joint stock company Deutsche Boerse (DB) has established a dedicated unit for blockchain and crypto assets, Finextra reported September 3.The newly established “DLT, Crypto Assets and New Market Structures” unit will comprise a 24-person team led by Jens Hachmeister, and will explore the disruptive potential the technology could have for financial markets infrastructure, as…
Bet more on the Bitcoin miners cashing in on AI
Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners.
Russian Central Bank Reportedly Conducted ‘Successful’ ICO Trial
An official from Russia’s central bank has revealed that the bank has recently conducted a "successful" experimental Initial Coin Offering (ICO), as cited by local news agency TASS Tuesday, September 11.Ivan Semagin, deputy director of the Financial Market Development Department for the Bank of Russia, told TASS:“Within a framework of the central bank’s sandbox, we…
Blockchain Tech and the Energy Industry: More Decentralization and Greater Efficiency
The association between blockchains and energy is usually a negative one. “The Bitcoin blockchain is so wasteful of electricity,” or so the argument goes, “that it would push global warming to dangerous levels if it were ever used on a massive scale.” Research published in the influential journal Nature backs up this warning. Yet, if…
Bitcoin, Stocks at Risk as Dr. Fauci Predicts 100K Daily New COVID Cases
Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases and a key member of the White House coronavirus taskforce, says the number of daily infections in the U.S. could reach 100,000 per day if immediate precautions are not taken to prevent the spread of the virus. As Fauci issued this warning,…