EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.
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Testnet Results Suggest Matic Could Power Ethereum to 7,200 TPS
Matic Network may be closer to a scalability solution for the Ethereum blockchain after a test run showed it could handle 7,200 TPS. 192 Total views 1 Total shares Blockchain scalability solution Matic claims the network can supercharge the Ethereum ecosystem, after a two-month testnet run revealed it was able to process 7,2000 transactions per…

Why is Bitcoin price down today?
Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.

Bitmain CEO Ousts Co-Founder, Biggest Shareholder to ‘Save the Ship’
Altcoin Bitcoin Cash (BCH) has surged 10% in the past 24 hours after it emerged mining giant and major supporter Bitmain had fired a senior executive.Wu to staff: do not talk to Micree Ketuan ZhanIn a translation of an email from Oct. 29 quoted by crypto news outlet CoinDesk, Bitmain co-founder Jihan Wu said that…

ETH CC: Crypto winter “reinforces” validity of blockchain, says 0x Labs employee
0x Labs developer advocate believes the current crypto winter provides a chance for "rationalization" and "validates" underlying blockchain systems. 658 Total views 6 Total shares Both the ongoing downturn across cryptocurrency markets, and Ethereum’s upcoming merge were under the spotlight on the second day of ETH Community Conference. The wider Ethereum community descended on Paris for…

NY stock exchange owner ICE buys stake in tZero security token platform
The undisclosed investment will result in ICE becoming a significant minority shareholder in tZero and is another sign of the closing of the divide between equities and crypto assets. 587 Total views 18 Total shares The Intercontinental Exchange (ICE) has announced a strategic investment in private digital securities marketplace and crypto asset liquidity platform tZero.ICE,…

Sam Bankman-Fried will testify at criminal trial, say defense lawyers
After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case. 208 Total views 3 Total shares Former FTX CEO Sam “SBF” Bankman-Fried will testify as part of his defense case, said his attorney Mark Cohen.In an Oct. 25 telephone

From Bat-Signal to Bitcoin: Projecting ‘Orange Pill’ on banks as EU drives crypto regulation
“The signal goes on, and he shows up. That's the way it's been. That's the way it will be.” Whenever Gotham faces an existential threat, the Bat-Signal lights up the night sky. In the DC Comics universe, Batman always shows up to save the day when he’s called upon.Bitcoiners in Germany employed a similar tactic this…

For the first time since 2018 Bitcoin balances on exchanges fell below 2.5M
Bitcoin's balance on three popular exchanges decreased by 390k BTC over the past 9 months. 2574 Total views 8 Total shares On October 20, 2020, the amount of Bitcoin (BTC) held at major exchanges fell below 2.5 million BTC for the first time in two years. Source: Glassnode.Nexo co-founder Antoni Trenchev opined to Cointelegraph that this…