Bad actors and ‘block storms’ — Bitcoin dev calls for testnet reboot
Bitcoin’s testnet needs to be reset so it can remain free for developers to use, says software engineer Jameson Lopp.
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ConsenSys Signs MoU With China’s ‘Smart City’ of Xiongan for Blockchain Consulting
China’s Xiongan New Area government has signed a Memorandum of Understanding (MoU) with ConsenSys to bring blockchain technology to the “smart city,” the South China Morning Post reported July 23. ConsenSys, a blockchain software technology company focusing on Ethereum (ETH) development, has confirmed they will advise the Xiongan government on blockchain and software solutions in…

3 reasons why Bitcoin bulls are well positioned to profit from this week’s $4.2B options expiry
Regulation continues to be the primary concern for Bitcoin bulls, especially after the Commodity Futures Trading Commission (CFTC) sued Binance for trading and derivatives law violations. The regulator wants Binance to repay the trading profits, revenues, salaries, commissions, loans and fees it received from US citizens, as well as paying civil penalties for the violations.The…

Estonia squeezes out 400 crypto firms after new laws
Almost 400 Virtual Asset Service Providers (VASPS) have voluntarily shut down or had their authorizations revoked in Estonia following the government’s recently enhanced Terrorist Financing Prevention and anti-money laundering laws (AML) that came into effect in March.The amended laws expanded the defined scope of VASPs, required firms to have legitimate links to Estonia, increased licensing fees,…

Nvidia stock jumps 11% after SIGGRAPH unveil: ‘next wave of AI is robotics’
We’re entering the “third wave” of AI and the era of mechanical humanoids, according to Nvidia.

Russian Gas Giant Gazprom to Use Blockchain in Gas Supply Agreements
The Russian prime minister has welcomed an initiative to use blockchain in agreements over gas supplies by the country’s state-owned gas giant Gazprom, local finance news outlet Vestifinance reports on April 4. The news agency operates under Russian Television and Radio Broadcasting Company (RTR), a major TV channel.The head of Russia’s state-owned gas giant Gazprom,…

Google says no 'straight line' between generative AI and unemployment — for now
A new study published by Google highlighted the economic repercussions of generative AI and its probable influence on employment trends and workforce dynamics.

What is generative AI?
Generative artificial intelligence (AI), fueled by advanced algorithms and massive data sets, empowers machines to create original content, revolutionizing fields such as art, music and storytelling. By learning from patterns in data, generative AI models unlock the potential for machines to generate realistic images, compose music and even develop entire virtual worlds, pushing the boundaries…

SEC under Trump could freeze crypto cases not involving fraud: Report
Two of the three Democratic commissioners at the SEC will be leaving before Donald Trump takes office on Jan. 20.