Crypto, quantum computing on collision course as Microsoft debuts new chip

KNEO is a new platform for connected edge AI devices through blockchain technology, creating secure private networks which harvest data as digital assets. 656 Total views 14 Total shares Artificial Intelligence (AI) specialist Kneron announced the launch of its KNEO platform on July 16, combining edge AI devices with blockchain technology to create secure and…

Celsius' Mashinsky motion to dismiss deniedThe former chief executive of crypto lending platform Celsius Network, Alex Mashinsky is back on track to face a civil fraud lawsuit after a Supreme Court judge denied his motion to dismiss the case.A court order issued on Aug. 4 by New York County Supreme Court Justice Margaret Chan denied…

Despite the latest technology, the world has yet to crack the code for privacy and security online. But that isn't the only big problem we need to worry about.Hackers and robbers are tricking innocent users into giving up their private information as society becomes increasingly digital — and virtual currencies have a role in all…

Cryptocurrencies, with a market capitalization of over $200 billion, can no longer be dismissed as just a fad. While still making up only a tiny fraction of overall global financial markets, they have matured from the ranks of fledgling startups to being leveraged by large enterprises for use cases ranging from global payments, asset-backed tokens…

They were only two seemingly innocuous words: “investment alternatives.” But when applied to Bitcoin — the seminal cryptocurrency — by an official from the People’s Bank of China in a recent panel discussion, they reverberated like a firecracker.“A remarkable step for BTC,” Lennix Lai, director of financial markets at OKEx, calls the statement. Michael Peshkam,…

Bitcoin apparently did not like all the fanfare over good results in a COVID-19 vaccine trial. 2592 Total views 35 Total shares Bitcoin (BTC) fell sharply in price this morning as pharmaceutical company Pfizer, in collaboration with biotech company BioNTech, announced a breakthrough in its COVID-19 vaccine.Bitcoin fell approximately $1,000, over 6%, between 12:00 pm…

The DAO intends to generate yield with its native DAI stablecoin via traditional investments in US treasuries and possibly even corporate bonds. 93 Total views 2 Total shares MakerDAO is currently voting on a proposal aimed at helping it weather the bear market and utilize untapped reserves by investing 500 million Dai stablecoins into a…

Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country. 406 Total views 11 Total shares The state of Kuwait is the latest jurisdiction to ban virtually all operations involving cryptocurrencies like Bitcoin (BTC).On July 18, Kuwait’s main financial regulator, the Capital Markets Authority (CMA),…