China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
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UK to spend $130M on AI chips amid scramble to buy up computing power
The chips will be used to set up an AI resource as a recent report said 20% of firms can’t get enough computing power for AI. 224 Total views 5 Total shares British Prime Minister Rishi Sunak is set to spend $130 million (100 million pounds) to buy thousands of computer chips to power artificial…

Russia: New Version of Crypto Bill Will Let Privately Held Firms ‘Digitize’ Shares
The long-awaited Russian draft bill on cryptocurrency and blockchain regulation will let privately held businesses and legal entities “digitize” their shares and store them via blockchain, local media outlet Vedomosti reported Oct. 21.As per the new edition of the draft bill “On Digital Financial Assets,” obtained by Vedomosti, the Russian State Duma is planning to…

Owner of Indeed and Glassdoor Job Search Engines Invests In Privacy Coin Project Beam
Japanese employment information services company Recruit Co., Ltd. has invested in a blockchain-focused company Beam Development Limited, according to an announcement published on Feb. 18.Per today’s press release, Recruit has invested in Israeli blockchain startup Beam Development Limited. The investment was made through Recruit’s $25 million fund called RSP Blockchain Tech Fund Pte. Ltd. The…

Banks acting as validators risks centralization — Everstake exec
New US regulatory guidance clarifies that banks can act as validators for proof-of-stake networks. New US regulatory guidance allowing banks to become validators for blockchain networks is a major step for institutional adoption but worsens centralization risks, Bohdan Opryshko, chief operating officer of staking service provider Everstake, told Cointelegraph. On March 7, the US Office

Solana’s Jito staking pool exceeding $100M in monthly tips: Kairos Research
More than 93% of Solana's validators use Jito's software for MEV, according to Jito Labs.

Mastercard, Binance to launch their second prepaid crypto card in Latin America
Crypto adoption and usage in Brazil are higher than the global average. 390 Total views 8 Total shares Own this piece of history Collect this article as an NFTCredit card giant MasterCard has teamed up with the world’s largest crypto exchange Binance to launch another prepaid crypto card in Latin America.On Jan. 30, Binance announced…

How Bitcoin whales make a splash in markets and move prices
Deriving their names from the size of the massive mammals swimming around the earth’s oceans, cryptocurrency whales refer to individuals or entities that hold large amounts of cryptocurrency. In the case of Bitcoin (BTC), someone can be considered a whale if they hold over 1,000 BTC, and there are less than 2,500 of them out there.…

How to invest in cryptocurrency when the market is uncertain, explained
Uncertain markets may make for some risk, but they often produce the greatest rewards, Bitcoin being just one example of an asset that has exceeded expectations despite market conditions. Uncertain markets are defined by those that are hard to forecast how they will perform in the future. For example, it is nearly impossible for anyone…