Could centralization be the silent killer of AI and cloud innovation?

A fresh report from the Bank for International Settlements comes to a radical conclusion, claiming that the public identities of intermediaries are necessary to fight “miner extractable value.” 169 Total views 3 Total shares Since 2020, miners on the Ethereum blockchain have extracted around $600 million from other investors by miners, according to a new…

A recent report by a Major United States bank JP Morgan Chase suggested that current blockchain developments are lying down the foundation for digital money, but adoption is still years away.A report published by JP Morgan on Feb. 21 suggests that the finance industry is moving beyond blockchain technology.Blockchain in banking still years awayPer the…

ABCC cryptocurrency exchange has partnered with the ninth largest cryptocurrency Tron (TRX), according to a tweet posted Jan. 15. Tron's founder and CEO Justin Sun subsequently confirmed the news on Twitter.As per the announcement, the partnership has made ABCC the first crypto exchange to list tokens based on Tron’s TRC10 technical standard.The announcement was made…

The Celsius CEO is also seeking clarity for similar products while Mark Cuban advises going on the offensive. 526 Total views 30 Total shares Support for Coinbase and its CEO, Brian Armstrong, has been pouring from the crypto community since the company disclosed in a regulatory filing on Wednesday that it had received a Wells…

The recent surge in DeFi makes the industry is an attractive target for hackers. 1312 Total views 23 Total shares Cryptocurrency-related crimes have slowed down in 2020, but some sectors within the crypto industry have become a new hotbed for criminal activity, a new report says.Citing major crypto analytics firm CipherTrace, Reuters reported on Nov. 10…

In January, ApeCoin (APE) had an underwhelming performance compared to metaverse-based tokens like Decentraland (MANA) and The Sandbox (SAND). APE token gained 61% compared to the 90% and 150% respective gains seen in SAND and MANA. The subdued gains can be attributed to the hefty APE staking rewards that is likely creating some selling pressure.An…

Even though in most western countries today, matters related to religion and money have been independent of one another. However, in Islam, especially those following the Shariah code of ethics, the two are intertwined inextricably. Also, in the past, there have been serious efforts to introduce crypto within the world of Shariah-based cooperative finance, such…

Bitcoin (BTC) bulls tried to push the price above $85,000, but the bears held their ground. A minor positive is that larger investors seem to be accumulating at lower levels. Research firm Santiment said in a post on X that wallets with 10 BTC or more have bought roughly 5,000 Bitcoin since March 3. The

Former OpenAI CEO Sam Altman has reportedly agreed to a position with Microsoft while Nvidia reaps the benefits of big tech’s scramble to build a better chatbot. 367 Total views 2 Total shares Microsoft (MSFT) stocks hit an all-time high of $378.81 on Nov. 20 on the back of a tumultuous weekend for the AI