Crypto platform Yield App shuts down citing FTX losses
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact.
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European Union AI Act passes in parliament
Member states will have the opportunity to negotiate final details before the act becomes law. 487 Total views 2 Total shares The European Parliament has passed the EU AI Act, a sweeping legislative framework for governance and oversight of artificial intelligence technologies in the European Union.EU AI act: first regulation on artificial intelligenceThe use of…
DeFi users shouldn’t wait idly for Eth2 to hit its stride
Many people are anxiously observing the launch of Ethereum 2.0 because the media has touted it as a “game-changer” for the cryptocurrency industry. Yet the masses seem to forget there are viable alternatives in existence already.Is Ethereum 2.0 taking too long?In recent days, there has been ample excitement surrounding Ethereum 2.0. The beacon chain deposit…
Block.one’s EOSIO Labs Release iOS and Chrome Authenticator Apps
Block.one’s EOSIO Labs has released Reference Authenticator Apps for iOS and Chrome. The development was announced in a blog post published on May 29.Per the post, the newly implemented developments address improvements to the security, interoperability and usability of authenticators by contributing working code and examples. Authenticators are software-based tools that implement two-step verification services…
Sands of change: UAE enables private sector to adopt blockchain tech
It is no secret that the United Arab Emirates, along with Switzerland, Singapore and several other countries, is one of the most forward-looking tech nations in the world, with the Middle Eastern powerhouse promoting the use of blockchain in almost every sector imaginable, from energy to shipping to media.To help the country with its adoption…
BIS: 70% of Central Banks Involved in CBDC Research, Only Several Have Concrete Plans
A new report published on Jan. 8 by the Bank for International Settlements (BIS) has found that seventy percent of central banks worldwide are conducting research into central bank digital currency (CBDC) issuance. However, concrete plans for implementation and motivations vary considerably across contexts.The BIS is an organization based in Switzerland made up of 60…
‘Uber dovish’ Fed sparks S&P 500 all-time high as analyst calls new Bitcoin impulse move
It's bullishness all round except for the U.S. dollar after Fed Chair Jerome Powell's latest speech, as Bitcoin gains $1,400 in under an hour. 1481 Total views 24 Total shares Bitcoin (BTC) gained almost $1,500 in under an hour on Aug. 26 after an "uber dovish" speech by Federal Reserve Chair, Jerome Powell.BTC/USD 1-hour candle…
Bitcoin decline is similar to the start of the 2016 bull run: Peter Brandt
Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run.
IBM Partners With Boehringer Ingelheim to Test Blockchain in Clinical Recordkeeping
The Canadian unit of American tech giant IBM has partnered with pharmaceutical company Boehringer Ingelheim to deploy blockchain in clinical recordkeeping, according to a press release published on Feb. 12.The cooperation between the two companies aims to test whether the integration of blockchain technology with clinical recordkeeping provides the proper level of data integrity, transparency,…