California AI bill under scrutiny by US policymakers
Senator Scott Wiener defends California’s AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies.
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Samsung Pay Teams Up With RippleNet Member Finablr
Samsung Pay, the mobile payments service of South Korean tech giant Samsung, has partnered with payments platform Finablr, Ripple’s RippleNet member, to offer cross-border payments feature Money Transfer to its app’s users.Finablr announced the partnership on Oct. 3, claiming that the new feature “offers users seamless and secure cross-border payments to 47 countries through a…

World Economic Forum releases policy toolkit for DeFi regulations
The WEF’s policy toolkit for decentralized finance seeks to promote, fair, efficient and enforceable regulations for the emerging digital asset marketplace. 1428 Total views 2 Total shares With regulated decentralized finance (reg-DeFi) becoming a topic of discussion within and outside the crypto space, the World Economic Forum (WEF) has published a policy toolkit on DeFi.According…

Price analysis 7/19: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin (BTC) broke below the immediate support at $31,000 today and that has resulted in selling across several major altcoins. Coincidently, the fresh push to the downside in Bitcoin has come a day after the much talked about unlocking of shares worth about 16,000 Bitcoin from the Grayscale Bitcoin Trust.The sell-off in cryptocurrencies could also…

Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins a new week with a totally different feel to last as BTC/USD seals its lowest weekly close since December 2020.A night of losses into June 13 means that the largest cryptocurrency is now edging closer to beating its ten-month lows from May. The weakness has left few guessing: shock inflation data from…

‘Sex sells’ – sex.crypto sells for 230 ETH
The purchaser currently owns 196 Unstoppable Domains. Earlier today, the domain 'sex.crypto' sold for 230 ETH, or approximately $90,000 at press time. The domain extension .crypto is generated by Unstoppable Domains and is censorship-resistant. The transaction, which occurred on OpenSea's token marketplace, was completed by a user named Maxstealth. Currently, he owns 196 .crypto domains in total.This…

European investors pour record $105B into US Bitcoin ETFs
Despite the record European inflows, Bitcoin price has been unable to recover above the $70,000 psychological level since July.

Largest NFT mint ever: Making sense of Yuga Lab’s ‘virtual’ land bonanza
Last week, 55,000 parcels of “virtual land” were sold on the Ethereum blockchain for more than $300 million, the largest nonfungible token (NFT) mint ever. It wasn’t without controversy. In return for shelling out close to $6,000, a purchaser received an Otherdeed NFT, which authenticates that buyer’s ownership of a patch of digital real estate in…

Report: Square’s CashApp and Grayscale Consumed Over 50% of Bitcoin Mined Q1 202
Square’s Cash App and Grayscale absorbed over half of the Bitcoins mined in the first three months of 2020, according to a May 7 report. Square’s Cash App and asset manager Grayscale consumed over 50% of newly issued Bitcoin (BTC) in Q1 2020, a new report shows.Australian fund manager ListedReserve tweeted a calculation based on…