Apple Intelligence rival secures $10M to develop open-source alternative
PIN AI, backed by a16z, develops a privacy-focused, open-source alternative to Apple’s AI, utilizing blockchain to empower users in monetizing their personal data.
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German crypto bank Nuri with 500K users files for insolvency
Nuri, a German start-up crypto bank with 500,000 customers filed for insolvency on Aug. 9, citing major crypto sell-offs, insolvency of Celsius and other crypto funds earlier this year as a reason for the move. The crypto bank said the move will “ensure the safest path forward” for all its customers, but also stressed that the…
UN, Sierra Leone Launch Blockchain-Based ‘Credit Bureau of the Future’
Sierra Leone’s president Julius Maada Bio announced a new initiative to create a national, blockchain-based credit bureau. The announcement took place at the 73rd Session of the U.N. General Assembly (UNGA) Thursday, September 27.The president presented the project as being poised to “radically transform” the country’s financial inclusion landscape. The initiative is reportedly the result…
Mixing reality with the Metaverse: Fashion icon Phillip Plein goes crypto
In an attempt to bring the fashion industry into new innovations and trends, many brands are entering the cryptoverse to test out the waters. Fortunately, the crypto industry has its arms wide open, ready to accept the fashion world and grow.One fashion designer who has recently started dipping his toes in the crypto world is…
Pro-Crypto Democrat Jonathan Herzog Running for US Congress
According to the 26-year-old candidate for New York’s 10th Congressional District, “our future is decentralized and open source”. Cryptocurrency advocate Jonathan Herzog is running for election to the U.S. House of Representatives in the primary against fellow Democrat Jerry Nadler, who has represented New York's 10th Congressional District since 2013.A former staffer of ex-presidential candidate…
Singapore Gov’t Leads Project ‘OpenCerts’ to Issue Graduate Certificates on Blockchain
Students from 18 educational institutions in Singapore will receive blockchain-based digital certificates starting in 2019, local tech news agency Tech in Asia reports on May 3.The initiative is a part of a Singapore government-level project called OpenCerts, which was co-developed by the Ministry of Education (MOE), Government Technology Agency (GovTech), as well as national educational…
Why Bitcoin bears are trying to keep BTC price below $62K for Friday’s options expiry
Bitcoin's (BTC) 90% year-to-date gain was largely fueled by the United States Securities and Exchange Commission's (SEC) recent exchange-traded fund (ETF) approval and in the first 48-hours of listing, ProShares’ Bitcoin Strategy ETF (BITO) was able to amass $1.1 billion in assets under management.On Nov. 1, the U.S. Treasury released its stablecoins report, which basically…
China’s Supreme Court Rules That Blockchain Can Legally Authenticate Evidence
China’s Supreme Court has ruled that evidence authenticated with blockchain technology is binding in legal disputes, in an official announcement released today, September 7.The new ruling comes as part of a series of more comprehensive rules that clarify litigation procedures for internet courts across China, and comes into force immediately.According to today’s announcement, the Supreme…
BTC price models hint at $130K target after 2024 Bitcoin halving
Bitcoin (BTC) is destined to hit $128,000 or more by the end of 2025, multiple analytics models suggest.Uploading his latest BTC price estimates to X (formerly Twitter) on Oct. 17, popular trader and analyst CryptoCon deduced a two-year target of around $130,000.Multiple BTC price forecasts converge on $130,000 in 2025Bitcoin market participants are diverging over