Elon Musk denies Tesla will pay xAI for AI technology partnership
The clarification comes after a news report stated Musk’s AI startup has discussed sharing its technology with Tesla and in return would earn revenue from the carmaker.
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Should people who purchase nonfungible tokens (NFT) be entitled to refunds if they decide they don’t like their digital pictures? Some Europeans are beginning to make that case under a 25-year-old law.Unhappy buyers have claimed that their right to a refund is protected by a 1997 European Union law that requires any person or business…
Decentralized technology will end the Web3 privacy conundrum
Although the modern internet connects us like never before, one thing that younger generations have never truly experienced is the feeling of genuine privacy. Even older generations have forgotten what life was like before our every thought and action were tracked.Web3 envisions an open, trustless, permissionless internet where users can interact with each other peer-to-peer…
Consensys files lawsuit against SEC and commissioners over Ether
The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and drive innovation to a halt in the U.S.
Sam Bankman-Fried aspired to become US President, says Caroline Ellison
The former CEO of crypto exchange FTX also reportedly explored paying off Donald Trump from running for U.S. President again. Former FTX CEO Sam “SBF” Bankman-Fried had ambitions to become the President of the United States, according to his former girlfriend and business associate Caroline Ellison.Appearing in court on Oct. 10 to testify against Bankman-Fried
Bank of Montreal, Teachers’ Pension Fund Trial Canadian Dollar Debt Deal via Blockchain
The Bank of Montreal and Ontario Teachers’ Pension Plan have tested a Canadian-dollar debt deal using blockchain, Bloomberg reports August 15. In the pilot transaction, the bank is said to have sold $250 million Canadian dollars (around $190 million) of one-year floating rate deposit notes to the teachers’ pension fund, implementing blockchain tech to mirror…
Bitex Partners With Bantotal for More Cross-Border Payments in Latin America
Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America.CoinDesk announced the companies’ new partnership in a report on Aug. 13. According to the report, the upshot of this partnership is that Bantotal’s clients will have access to…
Bitcoin’s rollercoaster ride, Ether shines, XRP mystery: Hodler’s Digest, Jan. 3–9
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBrace for impact? After hitting $42,000, Bitcoin price volatility may riseAnother week,…
Deutsche Bank reportedly applies for digital asset custody license from BaFin
Germany’s banking industry is slowly warming up to the crypto sector, with multiple partnerships and crypto services launching in 2023 after a long, cautious approach. 2475 Total views 3 Total shares Germany’s largest banking institution, Deutsche Bank, has reportedly applied for a digital asset custody license to the country’s financial regulator, the Federal Financial Supervisory…