Blockchain could help UK’s $14.5T payments sector, says trade group
Trade group UK Finance hailed experiments on the Regulated Liability Network as a success but called for further talks with regulators to develop the system.
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Ethereum is a ‘dumpster fire’ — Charles Hoskinson
Despite assurances, discrepancies between Cardano's theoretical network capacity and its utility remain. 409 Total views 2 Total shares An amusing attempt at satire has drawn the ire of Cardano (ADA) founder Charles Hoskinson, or so it appears.In response to a fan commentary doubting the blockchain's roadmap and criticizing its supposed similarity to Ethereum (ETH), Hoskinson…

CFTC’s Fintech Research Unit to Hold Office Hours for Innovators
The United States Commodity Futures Trading Commission’s fintech lab will host office hours during New York Fintech Week.In April, the CFTC’s fintech research unit, LabCFTC, will host office hours during New York Fintech Week to engage with innovators in the field, according to a recently published announcement.LabCFTC’s objective is to promote market-enhancing fintech innovation and…

Bitcoin price briefly dips below $26K, falling to two-month lows
The price of Bitcoin fell around 8% in just 10 minutes on Aug. 17, down to levels not seen since June 20. 13775 Total views 30 Total shares The price of Bitcoin (BTC) fell around 8% in a span of 10 minutes, causing the cryptocurrency to dip well under $26,000, before partially recovering.BTC was hovering…

IMF Spring Meetings: Digital Money Is Imminent, But No Decentralization in Sight
The custodians of global financial order have been prominent in crypto news recently. The weekend kicked off with the announcement of the International Monetary Fund (IMF) joining forces with the World Bank to launch a private blockchain coupled with a “quasi-cryptocurrency” for training purposes, then continued with the Spring Meetings of the two organizations’ Boards of Governors in…

OpenAI CEO: Costs to run each level of AI falls 10x every year
Lower-cost AI could lead to lower-cost products but more expensive luxury items, according to OpenAI CEO Sam Altman.

Two brothers manipulated Ethereum protocols to steal $25M — Justice Dept
U.S. officials said the individuals engaged in a "first-of-its-kind manipulation of the Ethereum blockchain" by tampering with its protocols over validating transactions.

FBI flags 6 Bitcoin wallets linked to North Korea, urges vigilance in crypto firms
Although the likes of Lazarus Group have stolen billions of dollars worth of crypto, the public ledger technology makes it difficult for them to launder funds, as they can be tracked and frozen. 207 Total views 2 Total shares The United States Federal Bureau of Investigation (FBI) has flagged six Bitcoin (BTC) wallets linked to North…

Will Polkadot save decentralized finance from Ethereum’s scaling problems?
Web3, interoperability, and layer 0 are all terms tossed around when describing Polkadot. But what do they mean, and how will they impact the internet and cryptocurrency market? Cointelegraph Research’s new report explores how Polkadot is tackling distributed ledger scalability and centralization of the web simultaneously. For starters, imagine a world where Facebook is replaced by…