Banks suffer as Elon Musk’s Twitter buyout hits major hurdles

AI Eye visits Korean Blockchain Week and Token2049 to find out how real projects are using AI, plus Google's Gemini and more AI news. by Andrew Fenton 9 min September 19, 2023 Share Share Share Share AI and crypto isn’t just a buzz phrase AI Eye has been out and about at Korean Blockchain Week

Blockchain platform Tron’s founder, Justin Sun, has announced a new plan for TRON's (TRX) proof-of-stake mechanism.In a series of tweets on Sept. 21, Sun highlighted four key developments in the new plan for TRON’s proof-of-stake mechanism. Specifically, the developments will focus on the means of distributing staking revenues and greater engagement of the community.Community engagement Sun…

Formula One team Red Bull Racing scores a multi-year partnership worth $50 million per annum with crypto exchange Bybit. 249 Total views 3 Total shares Following Red Bull Racing's most recent wins at Formula One (F1), the racing team scores a three-year partnership with Singapore-based crypto trading platform Bybit for $50 million per year. According…

Chinese e-commerce giant Alibaba has registered a blockchain-based system patent in Brazil under the category of "insurance," "financial business" and "monetary business,” according to the March 10th edition of the Industrial Property Magazine (NPI).As reported by the NPI, the name of the mechanism is “Ant Unicorn.”Regarding the financial solution, the patent covers real estate services, credit…

Will CBDCs disrupt stablecoins, or will they help each other? 940 Total views 13 Total shares The public and private sectors should work closely together to bring about the future of money, according to a former leader of the Commodity Futures Trading Commission.Chris Giancarlo, a former CFTC chairman and initiator of a blockchain-based digital dollar…

The European Data Protection Board and the European Data Protection Supervisor issued a joint opinion statement on regulating a digital euro. 251 Total views 5 Total shares On Oct. 18, the European Data Protection Board and the European Data Protection Supervisor issued a joint statement on regulating a digital euro, as proposed by the European Commission in

CoolBitX Founder Michael Ou believes regulators in Asia are leading the way when it comes to compliance with the Financial Action Task Force (FATF) travel rule, which is due to be implemented in June.The startup has developed a solution to the travel rule, called Sygna Bridge, which allows exchanges to communicate the identities of the…

Bitcoin saw its fifth-largest week of inflows on record, helping it recapture the $60,000 mark, while Ether inflows took second place in anticipation of the US Ether ETFs.

In many ways, Bitcoin (BTC) and the crypto markets as a whole live somewhat independently from traditional markets. The global crypto space never sleeps, operating at all hours of the day on a global scale.Traditional market price movements and conditions, however, may still have an impact on Bitcoin. If the economy is healthy, seeing rising…