As the EU AI Act comes into effect, here’s what to expect

Algorand developed a new cryptographic primitive replacing the common Merkle roots that vastly improves performance for certain types of blockchains, including Ethereum. The Algorand (ALGO) project has developed a new cryptographic primitive called Pointproofs. The team believes they are a significant improvement to the Merkle proofs used in many blockchain systems.Cointelegraph spoke with Sergey Gorbunov,…

Bitcoin (BTC) faced down $40,000 on Feb. 27 as hopes for the weekly close hinged on avoiding a fourth red monthly candle in a row.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTensions mount for TradFi markets openData from Cointelegraph Markets Pro and TradingView showed BTC/USD making several attempts to break out of the $30,000-$40,000 corridor Sunday, all…

“They did not cite evidence, they didn’t even correctly point out what NFTs are, nor did they talk to NFT Worlds,” noted Animoca Brands co-founder Yat Siu. 258 Total views 8 Total shares Yat Siu, the co-founder of crypto/NFT venture fund giant Animoca Brands, labeled the recent Minecraft NFT ban as “hypocritical” and emphasized that…

Blockchain education platform Longhash has released research that it claims debunks the recent single-whale theory of the 2017 Bitcoin (BTC) bull run.On Nov. 18, researchers at crypto analytics firm Longhash announced that they have calculated a metric called “Tether Purchasing Power,” which shows more insight into the question of whether Tether (USDT) was used to…

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin will ever be below $27,000 again. Have you missed your chance to purchase some sats at sub $30,000 levels? In the latest episode of The Market Report, analyst and writer Marcel Pechman analyzes some data to conclude whether Bitcoin (BTC) will…

Fetch believes regulatory compliance is necessary to bring real world usage to the sector. 2080 Total views 7 Total shares Fetch.ai, a project building a network of autonomous agents for blockchains, has announced a partnership with Yoti, a digital identity provider. Blockchains, and DeFi smart contracts in particular, often require manual interactions to trigger specific…

The United States government could regulate crypto assets and tokens differently than stocks and traditional assets by altering the existing regulatory framework on securities.On Dec. 22, CNBC reported that two congressmen — Warren Davidson and Darren Solo — have introduced a bipartisan bill entitled “Token Taxonomy Act,” in an effort to prevent over-regulation in the…

Ledger’s chief technology officer Charles Guillemet said that the recently revealed vulnerability is nothing more than a user experience flaw. 210 Total views 3 Total shares Leading crypto hardware wallet producer Ledger has denied that its product’s transaction management software featured a double-spend vulnerability.According to Ledger’s CTO Charles Guillemet, the vulnerability recently revealed by software…

Canada’s government stated its concerns on the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation. 214 Total views 2 Total shares The Canadian federal government is set to launch a consultation on cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) as revealed…