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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Novogratz Launches Two New Bitcoin Funds Targeting ‘Wealth of America’
Michael Novogratz’s crypto merchant bank Galaxy Digital is launching two Bitcoin (BTC) funds, targeting people between the ages of 50 and 80. The new funds aim to bring “the wealth of America,” or people who may have largely remained out of crypto investing, to cryptocurrency markets, Novogratz told Bloomberg Nov. 19.According to Bloomberg, the funds…
Bank of Korea selects Kakao’s blockchain arm for digital won tests
ConsenSys, a major Ethereum software company, will contribute its technology to South Korean CBDC simulations led by Ground X. 321 Total views 8 Total shares The central bank of South Korea has chosen a blockchain subsidiary of local internet giant Kakao as a technology provider for its digital currency pilots.Kakao’s Ground X had won the…
Zanzibar’s new blockchain sandbox aims to drive tech startup growth
The semi-autonomous region of Tanzania is taking advantage of a sandbox regulatory framework adopted in July.
Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest
The metaverse sector is witnessing its very-own housing crisis moment, thanks to massive declines in the prices of its virtual lands in 2022, led by waning users' interest and a crypto bear market.Land sales plunge 85% in 2022In particular, metaverse projects built on the Ethereum blockchain, including the Sandbox and Decentraland, have witnessed substantial declines…
‘New Normal Bottom Price for Bitcoin Is $10K,’ Says Advisory Group CEO
Nigel Green, the CEO and founder of financial consultancy firm deVere Group, says that the new normal bottom for Bitcoin (BTC) price is $10,000.BTC price holding $10K level for 3 monthsLondon business news outlet LondonLovesBusiness reported on Aug. 27 that Green said:“Looking at its performance this year, I believe that the new normal bottom price…
UK government moves forward on financial markets bill for potential regulation of crypto
Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes. 278 Total views 1 Total shares Lawmakers in the upper house of the Parliament of the United Kingdom are moving forward with legislation that…
Resurfaced clip shows Trump’s VP pick slamming Gensler’s approach to crypto
Donald Trump’s newly announced running mate, JD Vance, once referred to SEC Chair Gary Gensler as “the worst person” to regulate crypto.
North Korea’s Lazarus Group masterminded $100M Harmony hack: FBI confirms
The FBI also confirmed earlier reports this month by figures such as ZachXBT that the hackers had started moving a large chunk of the funds around via privacy protocols. 84 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Federal Bureau of Investigation (FBI) has confirmed the Lazarus…