Analysts warn of further Bitcoin downside — Could BTC revisit $42K?
Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark.
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Bank of China Partners With China UnionPay to Explore Blockchain for Payment Systems
The commercial, state-backed Bank of China (BOC) and financial services corporation China UnionPay (CUP) have entered into a partnership, according to an August 15 announcement. Per the terms of the agreement, the two parties will jointly explore blockchain technology applications for payment system development. The partnership comes in response to market demand and regulatory requirements,…
Court to hear oral arguments in Grayscale’s lawsuit against SEC in March
Grayscale previously anticipated being able to voice their arguments in the second quarter of the year, calling the recent motion “welcome news.” 110 Total views 8 Total shares Own this piece of history Collect this article as an NFTA United States appeals court is set to hear the oral arguments relating to Grayscale Investment’s lawsuit…
OpenAI Bot Writes a Blog, Wows BitcoinTalk With ‘Intelligent’ Posts
Developer Manuel Araoz has played a practical joke online to demonstrate the potential of artificial intelligence bots — by having a bot write an article about itself.According to a July 18 post on Araoz’s blog, AI development company OpenAI released GPT-3, the third generation of its language prediction model capable of creating “random-ish sentences of…
Blockchain in Biometrics Could be Used in Travel Security, US Customs Rep Says
Using blockchain for biometric tracking would be the technology’s killer app in the travel security sector, according to a representative from the United States Customs and Border Protection (CBP) agency. The news was reported by travel industry media outlet Skift on March 21.Sikina Hasham, program manager at the CBP, made her remarks during a panel…
Digital dollar advocate will retire as Dallas Fed president
At a November 2020 virtual conference, Rob Kaplan said "it is critical that the Fed focuses on developing a digital currency in the coming months and years." 154 Total views 4 Total shares Rob Kaplan, the president and chief executive officer of the Federal Reserve Bank of Dallas will step down from his position after…
Ledger CEO explains what makes a wallet secure as Ledger Flex launches
Ledger CEO Pascal Gauthier claimed that Stax and Flex feature the “only secure touchscreens in the world,” saying that screens on mobile devices are not secure.
Heavy hitters of crypto call for users to comment on proposed FinCEN wallet rule
Coinbase is the latest company to go public with its concerns regarding the U.S. Treasury proposal on crypto wallets. 1227 Total views 7 Total shares A number of players are encouraging individuals to speak out against FinCEN’s new crypto rules before comments close next week.Crypto exchange Coinbase and the foundation behind Monero are the latest…
International Monetary Fund Says Growth of Blockchain in Malta Poses Significant Risks
A mission from the International Monetary Fund (IMF) has judged that the growth of blockchain in Malta has created significant risks of money laundering and terrorism financing in the island’s economy. The news was reported in local English-language daily the Times of Malta on Jan. 24.According to the article, the IMF announced its findings following…