Big tech is prepping an explosive pivot to robotics
The ten most valuable tech firms in the world are all involved in developing technology for the robotics industry.
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ETH DeFi ‘circuit breaker’ could cut hack losses by 70% — Developer
A decentralized finance “circuit breaker” could have prevented billions of dollars worth of crypto being stolen from DeFi protocols in 2022, according to the developer of the newly published ERC-7265 proposal.A new Ethereum request for comment (ERC) was published on Github on July 3. In it, the lead developer Diyahir Campos proposed a standard for…
Bitcoin gears up for $47K assault — can BTC price overcome make or break resistance?
Bitcoin (BTC) looked set to challenge critical $47,000 resistance on Tuesday amid a perfect storm of dwindling supply and “exhausted” bears.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHodlers vs. whales in the battle for $50,000 retestData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit local highs above $46,600 on Bitstamp.The pair has gained $2,000…
McDonald’s in the metaverse, pro players to try Web3: Nifty Newsletter
In this week’s newsletter, read about how Reddit onboarded millions into Web3 through its nonfungible token (NFT) avatars, and check out McDonald’s first metaverse experience in The Sandbox. Find out why professional gamers are interested in trying out Web3 games, and why Axie Infinity creator Sky Mavis is partnering with NFT collection CyberKongz to develop…
Nouriel Roubini: ‘Cryptocurrency as a Technology Has Absolutely No Basis for Success’
Economist and notorious cryptocurrency critic Nouriel Roubini has claimed that crypto “as a technology has absolutely no basis for success.” Roubini delivered his new anti-crypto arguments in an interview with the CFA Institute on March 6.In conversation with the global professional investor association, Roubini, a New-York-based economist who famously predicted the 2008 financial crisis, has…
Europe Takes Serious Steps Towards Blockchain Adoption
After months of monitoring and observing the “promising and challenging” potential of distributed ledger technology (DLT), the European Union (EU) is finally making a turn into the blockchain industry.How it all startedBack in February 2018, the European Commission (EC) launched the EU Blockchain Observatory and Forum, aimed to support European cross-border engagement with the technology…
Thai Bond Market Association to Launch Blockchain-Based Registrar Bond Service Platform
The Thai Bond Market Association (TBMA) will deploy a blockchain-powered solution on its registrar service platform, local news agency Bangkok Post reports July 28. The new registrar service platform, which is scheduled to be introduced this year, intends to provide a faster bond certificate issuance and, in turn, boost the liquidity of the secondary market,…
Thai SEC issues license to Ethereum-based real estate project
The firm uses the Ethereum blockchain to allow traders to invest as little as $150 in expensive real estate properties. 4654 Total views 55 Total shares The Securities Exchange and Commission of Thailand has a license to an asset-backed token offering service based on the Ethereum blockchain.Fraction, a wholly owned subsidiary of the Hong Kong-based…
DeFi at the crossroads of the trucking industry to ensure efficient payments
The trucking industry is one of the most important sectors in the world. According to recent statistics, the global freight trucking market was worth over $2.7 trillion in 2021. In addition, it’s been found that millions of commercial driver’s license holders are employed by trucking companies within the United States, a market that is responsible…