EU AI rules stifle innovation, Meta and Spotify CEOs warn

A bill that seeks to regulate the local cryptocurrency industry has passed the the Senate of Paraguay. 499 Total views 7 Total shares On Dec. 17, 2021, the Senate of Paraguay approved a cryptocurrency bill introduced in July. The provisions, which define several key terms including virtual assets and call for licenses to mine cryptocurrencies,…

Nigeria's central bank has prohibited commercial banks from providing account services to crypto exchanges. 4121 Total views 21 Total shares The Central Bank of Nigeria has placed a ban on all regulated financial institutions from providing services to crypto exchanges in the country.The prohibition was contained in a circular issued by the CBN on Friday.…

A decentralized cryptocurrency is by definition vulnerable to 51 percent attacks, the creator of Litecoin (LTC) Charlie Lee stated in a tweet Jan. 7.In the wake of recent news about unusual mining activity on the Ethereum Classic (ETC) network — which many continue to refer to as a 51 percent attack — Lee shared his…

This morning Grayscale, the world’s largest provider of cryptocurrency investment vehicles, temporarily turned its attention away from hoovering up the supply of Bitcoin to focus on arguably the most intractable problem in all of crypto: getting your stubborn friends and family on board.  Last Friday Grayscale founder and CEO Barry Silbert teased a massive ad…

Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. 

After a massive 42% price spike starting on Oct. 25, Bitcoin (BTC) looks like it has settled into a new range, at least for the time being.Sitting near $9,460 at press time, the future looks brighter for Bitcoin compared to when its price floated around $7,500, as long as the asset can hold current levels…

The FTX director of engineering reportedly contributed $500,000 to the Democratic Party of the American state of Oregon. 390 Total views 5 Total shares A senior FTX executive has been revealed as the reported mystery donor behind a massive $500,000 contribution to the Democratic Party of the American state of Oregon.According to local reports, the…

Yuga Labs CEO Greg Solano said intricate corporate processes muddied the company’s creative spirit.

A perfect storm consisting of COVID-19, supply shortages and surging crypto prices has resulted in the best financial quarter in Nvidia's history, as the stock hits all-time highs. 3855 Total views 13 Total shares Nvidia’s ongoing supply problems won’t stop the company from selling $50 million worth of its new CMP chip range in the…