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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Blockchain may solve Twitter and Facebook’s moderation issues says Aragon exec
Would decentralized governance save social media platforms from polarizing its users with its politics? 217 Total views 6 Total shares Aragon co-founder Luis Cuende told Cointelegraph that the decentralized technology his company has been developing could find its perfect use case on social media platforms like Facebook and Twitter. In recent months, content moderation practices employed…
UK Finance Minister Says Regulators Should Decide on Libra, Not Lawmakers
The United Kingdom Finance Minister Philip Hammond said that regulators and not lawmakers should decide on how to regulate Facebook’s stablecoin Libra, CNBC reported on July 15.In an interview with CNBC’s “Squawk Box,” Hammond said that lawmakers should not decide to require the social media giant Facebook to acquire a bank license as it is…
QuadrigaCX creditors set to receive 13% of their claims as an ‘interim dividend’
The creditors will receive a monetary equivalent of the value of their lost crypto assets as April 15 2019. 48 Total views 10 Total shares Creditors of the bankrupt Canadian crypto exchange QuadrigaCX are set to receive 13% of their total claims as part of an “interim dividend.” According to a May 12 notice to…
US crypto custody firm BitGo wins BaFin license in Germany: Report
BitGo originally announced it was setting up two regulated custodial entities in Germany and Switzerland in February 2020. 617 Total views 46 Total shares Major cryptocurrency custody firm BitGo is reportedly expanding its regulatory compliance in Germany more than three years after launching a dedicated local subsidiary.BitGo has obtained a cryptocurrency license from the German
AI deepfake crypto scammers ramp up operations in Q2: Gen Digital
Gen Digital’s Siggi Stefnisson warned users that scammers are adept at using what is already on their target’s minds, including love, financial security and elections.
Startup Tests New Ethereum Sidechain Following Coinbase Investment
Following investment from Coinbase Ventures, Offchain Labs has opened up the Alpha version of its Ethereum (ETH) scaling solution, dubbed Arbitrum.Enterprise-focused blockchain startup Offchain Labs said that their solution will enable processing speed of more than 500 transactions per second for Ethereum applications, industry-focused news outlet Crypto Briefing reported on Sept. 5.Arbitrum has reportedly secured…
Good Ol’ FUD: The Brightest Media Burials of Bitcoin in 2018
Ten years ago, on Jan. 3, 2009, the Bitcoin (BTC) network was created. Since then, the asset’s price has famously been subject to volatility. That, along with the inceptive crypto’s focus on decentralization, have been disturbing mainstream media, which still fails to grasp and discuss the concept of Bitcoin without skepticism — hence the omnipresent…
Paxos’ Precious Metal-Backed Cryptocurrency to Launch This Year, CEO Says
Blockchain trust company Paxos’ digital token backed by precious metals will be launched "definitely this year," said Paxos CEO, Chad Cascarilla in an interview with Fortune’s Balancing the Ledger on March 11.During the interview, Cascarilla was asked whether Paxos is working on a gold-backed coin, wherein he replied that “it is something we will see…