Apple holds back AI releases in EU due to Digital Markets rules

2021 has been a breakout year for the cryptocurrency market and aside from Bitcoin price soaring to new highs, the emergence of a vast decentralized finance (DeFi) ecosystem and the rising popularity of nonfungible tokens (NFTs) has thrust blockchain technology into the mainstream in a way that looks guaranteed to ensure mass adoption. One project that…

A New York federal court has ordered cryptocurrency hedge fund Gelfman Blueprint, Inc. (GBI) and its CEO Nicholas Gelfman to pay over $2.5 million for operating a fraudulent Ponzi scheme, according to an official announcement published Oct. 18.GBI is a New York-based corporation and denominated Bitcoin (BTC) hedge fund incorporated in 2014. As stated on…

BitPanda already holds a license in Austria, Germany, France, the Czech Republic and Sweden. 168 Total views 1 Total shares One of the largest European crypto exchanges, a Vienna-based BitPanda, became one of the first foreign entities to receive a virtual assert service provider license in Norway. The announcement came on the company’s official X

Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry. 361 Total views 1 Total shares The growth of stablecoins that are not fully backed by safe assets could trigger a destabilization in short-term credit markets, rating agency Fitch has warned.In a commentary note, the agency explained that…

"Some people said Wonderland should just be wound down and funds be given back to token holders. I believe this is the easy way out," says Sestagalli. 462 Total views 15 Total shares On Friday, Daniele Sestagalli, co-founder of decentralized finance, or DeFi, protocol Wonderland and stablecoin protocol Abracadabra, issued a statement on the path…

Ripple has partnered with Chipper Cash to integrate Ripple Payments into its cross-border transaction system. Ripple has partnered with African payment infrastructure provider Chipper Cash to support crypto-enabled cross-border payments. According to a March 27 announcement, Chipper Cash will use Ripple Payments for its cross-border transactions as part of the deal. The companies said the

Bitcoin (BTC) is facing a stiff challenge from the bears near the $48,000 mark. As Cointelegraph reported earlier, the buy and sell levels show that sellers on Binance have held their ground at $48,000.PlanB, the creator of the stock-to-flow Bitcoin price model, said if Bitcoin manages to close August above $47,000, the year-end "worst-case scenario"…

Kathleen Murphy, personal investing president of American financial services company Fidelity Investments, has said that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients.Murphy voiced this sentiment during an interview with CNBC published on Oct. 11. After the interviewer asked when she expects users to trade cryptocurrency “in a meaningful…

The Supreme Court of India has postponed a hearing that would consider the Reserve Bank of India’s (RBI) ban on providing services to cryptocurrency-related business.In an Oct. 16 session on the ban that prohibits banks and financial institutions from providing digital currency-related services, the court shifted the date of the next hearing to Nov. 12.…