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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Crypto Developer Raises $4 Mln From Samsung, Others to Launch Wallet Without Private Keys
Israeli cryptocurrency developer KZen has raised $4 million from backers including South Korean electronics giant Samsung, industry news outlet The Block reported on April 17.The company’s product, smartphone wallet app ZenGo — currently in beta phase testing — aims to simplify custodial wallet usage for entry-level cryptocurrency users.Using a combination of split key storage and…

Hold your horses! $9K Bitcoin price drop not a trend change, data says
After Bitcoin (BTC) price flirted with a $42,000 all-time high on Jan. 8, it stabilized in a tightening range between $39,000 to $41,500 for two days and the pennant structure on the shorter-term timeframes hinted that a breakout to $45,000 was a possibility. This all changed quite suddenly Jan. 10 as the $39,000 support failed to…

Ethereum Classic soars 100% in nine days outperforming ETH as ‘the Merge’ approaches
Ethereum's transition to proof-of-stake could be a boon for the price of Ethereum Classic. 484 Total views 60 Total shares Ethereum Classic (ETC) has been outperforming its arch-rival Ethereum's native token Ether (ETH) during the current crypto market rebound with the ETC/ETH pairs at 10-month highs.Why is ETC beating ETH?ETC's price has risen to $27…

Genesis and DCG seek path for the recovery of assets amid liquidity issues
According to the co-founder of Gemini, Cameron Winklevoss, Houlihan Lokey is working on behalf of the Creditor Committee to resolve the liquidity issues at Genesis. 1736 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTThe co-founder of Gemini, Cameron Winklevoss, shared in an update on Twitter that global…

Yale Prof and Goldman Sachs Veteran Design DLT-Based Facebook Rival
A Yale professor and Goldman Sachs veteran are planning to complete a new project of a blockchain-based Facebook rival in 2020.Returning control of data to usersDavid Gelernter, a Yale’s professor of computer science and Mirror Worlds creator, and Rob Rosenthal, a 19-year veteran of Goldman Sachs, are collaborating on a new social network called Revolution…

Cryptocurrency’s latest use case: Music production?
Influencers Estefannie and LOOK MUM NO COMPUTER collaborate to produce music based on crypto's market fluctuation A recent collaboration between two prominent social influencers has resulted in a device that creates sounds (or music) based on cryptocurrency’s infamous price volatility. In what has been termed as the collaboration of the century, Estefannie and LOOK MUM…

Solana again clocks record-breaking fee revenue
Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research.

Major Korean Crypto Exchange Bithumb Prosecuted for Failure to Protect User Data
South Korean crypto exchange Bithumb has been prosecuted for its alleged failure to take adequate measures to protect personal information, which was later presumably exploited by hackers to steal funds from the platform. The news was reported by Cointelegraph Japan on June 19.Prosecutors allege the data breach led directly to the second hack affecting the…