China 6 months behind US on AI, says Google’s former region head
The former president of Google China says he expects the AI-powered apps to take off much faster in China compared to the United States.
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South Korean internet giants bid for central bank digital currency pilot
The Bank of Korea plans to select an operator to run a blockchain-based CBDC pilot next month that will test a digital won in various use cases. Affiliates of South Korean internet giants Naver and Kakao are among the top contenders to work on the country’s first central bank digital currency (CBDC) pilots.On Monday, the…

Record gold outflow ‘isn’t going into ripples’ — only Bitcoin, says fund manager
The ongoing Bitcoin (BTC) rally has primarily been driven by institutions, analysts say, with metrics such as CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative. At the same time, the gold market has seen large outflows in recent weeks. On Nov. 24, independent financial researcher Jan Nieuwenhuijs reported that gold saw its…

Bitcoin reaches $30K — Is this the start of the next bull run?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Bitcoin’s rise to $30,000. 976 Total views 2 Total shares Own this piece of history Collect this article as an NFTThis week on The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Bitcoin (BTC) breaking through the $30,000 mark, setting a new…

Neo Becomes .NET Foundation’s First Blockchain Member
Neo, a decentralized open source blockchain application platform, announced that it became the first-ever blockchain member of Microsoft’s .NET Foundation.In the press release published on Sept. 24, the platform stated that during the .NET Conference 2019 Neo “joined the .NET Foundation, the Microsoft-created, globally leading open-source foundation,” adding:“Based on their shared open-source heritage, NEO and…

AMC gets ‘hyperactive’ about crypto, CEO says it may issue its own coin
The AMC boss said that there are many reasons why the company could issue its own cryptocurrency. 245 Total views 28 Total shares American multinational entertainment giant AMC is getting very excited about blockchain and the company’s chief executive is publicly mulling the issuance of its own cryptocurrency.During an interview with CNBC on Oct. 20,…

Immutable raises $60M for its carbon-conscious NFT platform
The NFT protocol has now raised a total of $77.5 million across two funding rounds. 479 Total views 5 Total shares Immutable, a layer-two nonfungible token (NFT) protocol built on the Ethereum blockchain, has announced a $60 million Series B funding raise from a multitude of corporate venture firms, including Sam Bankman-Fried’s Alameda Research and…

Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report
Celebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL quarterback Tom Brady, and NBA point guard Stephen Curry promoted FTX. 434 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTPop star Taylor Swift reportedly could have been one of the faces of failed…

Silk Road Founder Ross Ulbricht Spends Seventh Birthday in a Row in Jail
Ross Ulbricht turns 36 years old today. This will be his seventh birthday in incarceration.Ulbricht is the convicted felon serving two life sentences plus 40 years for his role in creating the Silk Road, the online contraband market notorious for its associations with cryptocurrency. Ulbricht says Silk Road was initially envisioned as a libertarian paradise,…