Decentralized AI Society plans regulatory pilot, venture fund: Co-founder

Audius has retroactively distributed $8 million in governance tokens to musicians and listeners who have been using the platform. 147 Total views 1 Total shares The crypto-powered Spotify competitor Audius has retroactively distributed 50 million of its native AUDIO tokens to artists and listeners using the platform.The distribution came alongside the launch of the AUDIO…

Nonfungible token platforms incorporating Web3 and the metaverse continue to attract sizable investments from venture capital firms. 502 Total views 7 Total shares Nonfungible token (NFT) startup Genies has secured $150 million in Series C funding at a valuation of $1 billion, making it the latest crypto-focused platform to attain “unicorn” status. The funding round was…

The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has seen a spike towards $10,500 before the halving took place on May 11. However, the price of Bitcoin has been having problems since the halving and is currently showing more signs of weakness.On the other hand, altcoins have been starting to show signs…

Checkout.com settled $1 billion in stablecoin transactions during its initial pilot phase of Payments Engine. 216 Total views 3 Total shares Following a successful pilot phase, digital asset custody platform Fireblocks has launched its new payment engine for merchants, opening up pathways for businesses to settle and accept cryptocurrency transactions across jurisdictions. Fireblocks’ new Payments Engine…

Former Trump administration chief of staff Mick Mulvaney, who is known for his positive stance on Bitcoin, is launching a hedge fund. Former White House chief of staff under U.S. President Donald Trump Mick Mulvaney is running a hedge fund. Since 2014 Mulvaney has been recognized as a pro-Bitcoin (BTC) official, encouraging practical regulation of…

Over-the-counter digital currency trading and lending firm Genesis closed the fourth quarter of 2019 with record high results in loan originations since its inception.Per a Jan. 30 press release, Genesis facilitated over $4.25 billion in loans since its incorporation in March 2018, which made Q4 the best in company history. Genesis originated more than $1.1…

It seems nothing can keep Bitcoin bulls down for long as lower levels dissipate overnight and $47,000 is back on the cards. 1281 Total views 9 Total shares Bitcoin (BTC) staged yet another classic comeback on Aug. 13 as a day of losses abruptly flipped positive.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin routs bears in…

Google entered the cryptocurrency-as-money debate on Tuesday, Oct. 9, arguing over its validity during an introductory video for a new feature from its Google Assistant tool.While demonstrating how its Call Screen caller ID function works, two Google presenters enter into a brief discussion about cryptocurrency in a spoof argument.The Call Screen shows the identity of…

The banking coalition reportedly argued that it would bring stability to the banking industry and reduce the chances of "more bank failures," in a letter to federal regulators. 234 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe Mid-size Bank Coalition of America (MBCA) has reportedly asked United…