Crypto czar David Sacks likens Trump’s memecoin to a ‘baseball card’
President Trump’s controversial memecoin took the crypto world by storm, but not everyone thinks it’s a good idea.
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Chinese mining giant Canaan doubles profits despite the blanket crypto ban
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June. 70 Total views 3 Total shares Major Chinese cryptocurrency miner manufacturer Canaan appears to have no issues with the local ban on crypto, as the company’s overall performance has continued to grow…
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Proposed New York Bitcoin mining ban watered down to allow green projects
New York senators have amended a proposal to ban all crypto mining for three years, and are now seeking to only stop mining firms backed by carbon-based fuel sources. 3162 Total views 6 Total shares A proposed crypto mining ban calling for a forced three-year hiatus on all mining operations in New York has been…
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Blockchain App Used to Track COVID-19 Cases in Latin America
A Canada-based company is turning to blockchain technology in their efforts to fight the coronavirus pandemic in Latin America.Emerge, a blockchain startup based in Toronto, is launching a public safety system app called Civitas to assist local authorities in many nations. According to a company blog post, the app was designed “to improve safety and…
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South Korea labels mass-produced NFTs as virtual assets
NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSC’s guidelines published in 2023.
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Web Server Security Firm Cloudflare Announces Launch of Ethereum Gateway
Web server security service firm Cloudflare announced the launch of its Ethereum gateway in a blog post on June 19.Per the announcement, the gateway — which is part of the company's broader Distributed Web Gateway toolset — lets users “interact with the Ethereum network without installing any additional software.”The system purportedly allows one to access…
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EU officials want all AI-generated content to be labeled
European Commission Vice President, Vera Jourova, said that companies deploying generative AI tools with the potential to spread disinformation should be publicly labeled. 301 Total views 8 Total shares Officials in the European Union have discussed additional measures that would make artificial intelligence (AI) tools, such as OpenAI’s ChatGPT, more transparent to the public.On June…
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A perfect storm is brewing for Bitcoin
Reflexivity squared: How Bitcoin ETF options could lead to explosive price movements.
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Crypto fund’s unlikely strategy: Taking on Bitcoin and S&P 500 returns
Bitcoin has been one of the best-performing assets on the planet since its launch in 2009. The digital coin rose nearly 9 million percent in price between 2010 and 2019. Simply holding or averaging into Bitcoin (BTC) positions yields a certain profit benchmark. Finding an investment or trading strategy that outpaces Bitcoin's performance can prove difficult, but…