Elon Musk denies Tesla will pay xAI for AI technology partnership

Institutional asset managers have been slower to embrace cryptocurrencies than retail traders, but their adoption is growing rapidly. 279 Total views 18 Total shares Fixed-income manager Pimco is planning to increase its exposure to digital currencies such as Bitcoin (BTC) after dabbling in the asset class through crypto-linked securities, offering the latest evidence that major…

The Security Clarity Act seeks to lessen regulatory burdens for blockchain-based technology. 42 Total views 3 Total shares U.S. congressional representatives introduced a bipartisan bill on July 15 with the goal of providing a clear definition of assets, such as digital tokens and other emerging technologies, under current securities law.Known as the Security Clarity Act,…

President Biden has been ruthless in his quest to eradicate the crypto industry. Trump should commit to pardoning the developers that Biden imprisoned.

Bulls swooped in to buy Ethereum as it dropped to a critical support level and now they’ve set their sights on $590. 310 Total views 1 Total shares Bitcoin’s Dec.8 breakdown to $17,650 weighed heavily on most altcoins and Ether was not spared from the carnage. Daily cryptocurrency market performance. Source: Coin360As the price of Bitcoin…

In this week’s newsletter, read about how a nonfungible token (NFT) protocol was affected by the FTX collapse leading to layoffs. Despite the effects of the FTX collapse, industry players within the NFT space are still confident in the recovery of NFTs. Meanwhile, Disney brought back metaverse-backer Bob Iger as its CEO, and check out…

The rollout of the Tourism Authority of Thailand’s TAT Coin is coming closer to fruition, and is now awaiting government approval according to local figures. 1380 Total views 41 Total shares A push in Thailand to boost gross domestic product (GPD) by targeting crypto digital nomads is coming closer to fruition according to local media.…

The bridge would be the second for the UAE, whose banks successfully participated in the mBridge project last year with Hong Kong, China and Thailand. 754 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe Reserve Bank of India (RBI) and Central Bank of the United Arab Emirates…

The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week. 196 Total views 5 Total shares Cryptocurrency investors and traders have cashed out $7.7 billion from the stablecoin Tether (USDT) resulting in its market capitalization falling by 7.8% over the past seven…