Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more
This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more.
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Ethereum validator cashes in 689 ETH from MEV-Boost relay
The 689 Ether, worth nearly $1.3 million, is the largest reward received since the 691 Ether reward on March 20 paid to Lido. 268 Total views 19 Total shares Own this piece of history Collect this article as an NFTA 689 Ether (ETH) reward worth $1.28 million has been paid from a single Miner Extractable…

Price analysis 7/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
United States equities and cryptocurrency markets are heading into the Federal Reserve’s interest rate decision on July 27 on a positive note. This suggests that the market participants believe the Fed will deliver a 75 basis point rate hike, which is in line with market expectations. Some economists expect the Fed to calm the markets by…

EU mulls more restrictive regulations for large AI models: Report
Negotiators in the EU are reportedly considering additional restrictions for large AI models - like OpenAI’s GPT-4- as a component of the forthcoming AI Act. 43 Total views 1 Total shares Representatives in the European Union are reportedly negotiating a plan for additional regulations on the largest artificial intelligence (AI) systems, according to a report

Bitcoin price clings to $20K as Bollinger Bands close in for volatility
Bitcoin (BTC) said “no” to volatility for a third day on July 7 as Wall Street trading began with little change in mood.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNext move "likely sets direction going forward"Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it fluctuated just north of $20,000, retaining a pattern characteristic of…

Corporate adoption is in ‘amateur league’ despite Bitcoin ETFs
Corporations could pave the way towards more mainstream crypto industry trust, according to the co-founder of Trust Square.

Binance’s CZ: This Vibrant Country Is One of the Fastest-Growing Crypto Nations
At a recent B2B event in Turkey, suit-clad men and women from traditional financial institutions and the public sector stood in line to take a selfie with a guy in a hoodie.That guy, Binance CEO Changpeng “CZ” Zhao, found time to attend the annual Turkish Capital Markets Summit in Istanbul, Turkey on Nov. 19. Between…

Waiting for Alonzo: Cardano smart contracts creep toward full launch
The Cardano network is in the watershed phase of its network development and upgrades. The ongoing phase of the protocol’s roadmap is the Goguen phase, bringing smart contracts to the network. This is the third phase of the roadmap after Byron and Shelley. The Goguen phase was split into three stages, Allegra, Mary and Alonzo.The…

UBS Executive Paul Donovan Blasts Bitcoin Again, States Cryptos Are ‘Fatally Flawed’
Swiss bank UBS’ Wealth Management Global Chief Economist and infamous Bitcoin skeptic Paul Donovan doubled down on his distrust of cryptocurrency Nov. 29, calling it “fundamentally flawed.”Speaking to CNBC’s Fast Money segment, Donovan, who earlier this week released an internal blog post titled “I come to bury Bitcoin, not to praise it,” repeated his criticism…