Artificial Intelligence Platform Ritual Looks to ‘Decentralize Access to AI’ With $25M Backing

"U.S. spot ether ETFs that incorporate staking could become large enough to change validator concentrations in the Ethereum network, for better or worse," S&P analysts wrote in a report published Tuesday. "It is therefore critical to understand how ETF issuers' choices will drive concentration risks."S&P is right: concentration or centralization risk exists in all crypto.

Donald Trump announced that his family's cryptocurrency project, World Liberty Financial, will launch on September 16. The project aims to move away from traditional banking by embracing cryptocurrencies. 02:15 "Inside Trump's Crypto Project; Ripple's Upcoming Stablecoin To Launch in 'Weeks': Garlinghouse " 02:13 Crypto and the Election: All You Need to Know Ahead of November

feature Fundamental Labs, a blockchain fund manager that’s backed Binance, Coinbase and Canaan Creative, is investing $44 million in top-of-the-line bitcoin miners, a longer-term bet than most are making in the sector. Revealed exclusively to CoinDesk, the Shanghai-based firm plans to run 20,000 to 30,000 units of brand-new mining equipment starting in June to capture…

Aug 5, 2020 at 13:08 UTCUpdated Aug 5, 2020 at 13:20 UTC(SunnyGraph/Shutterstock)First Mover: Ethereum’s Transition to Staking Could Push More Traders to Use DerivativesEthereum’s biggest-ever upgrade is supposed to make the blockchain network faster and more efficient. But the new “staking” system could lock up so many of the network’s native ether tokens that investors…

Crypto coin listings will face tougher restrictions from the New York Department of Financial Services , especially if they target retail clients, according to proposed updated guidelines issued by the regulator Monday.Licensees would need to assess legal, reputational and market risks of any new coins, and they'd also have to set out how they would

news Tether has asked a judge for more leeway to use its cash amid the New York Attorney General’s investigation of the stablecoin issuer and affiliated crypto exchange Bitfinex. According to new court documents filed Monday, the attorneys for each side failed to come to a consensus on what, precisely, Tether should be allowed to do…

Bankrupt crypto exchange Cryptopia plans to distribute bitcoin and dogecoin to qualifying account holders in the coming months.The New Zealand company filed for liquidation after millions of dollars of tokens were stolen from the platform in a 2019 cyber attack.Cryptopia, a New Zealand-based crypto exchange being liquidated following a 2019 cyber attack, will start returning

Dec 4, 2020 at 8:00 p.m. UTC(Roy Rochlin/Getty Images Entertainment)A ‘Santa Claus Rally’ for the Stock Market?Since 1969, 34 out of 45 years have seen a late December rally. Here are 5 reasons why a Santa Claus rally might not happen this year.For more episodes and free early access before our regular 3 p.m. Eastern time releases,…

news WeChat, the dominant messaging application in China operated by technology giant Tencent, has updated its payments policy that will prevent merchants on the platform from engaging in cryptocurrency-related activities. The messaging giant updated its Payment Service Protocol on April 30, indicating that merchants using its service shall not, among other things, “either directly or indirectly,” be…