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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Bitrue floats $50M cryptocurrency investment fund
The crypto exchange platform plans to support blockchain startups working on paradigm-shifting use cases for the emerging technology. 2982 Total views 11 Total shares Bitrue crypto exchange has announced a $50-million investment fund geared toward supporting cryptocurrency and blockchain startups.According to a recent announcement, the investment fund will target crypto projects working on use cases…

Elon Musk’s X ban dispute with Brazil takes toll on local crypto community
Brazil’s ban on X sparks a battle over free speech between Elon Musk and the legal authorities, leaving Brazilians and the local crypto community caught in the crossfire.

Ethereum Classic Community Divided Over Charles Hoskinson’s Proposed Treasury Protocol
Charles Hoskinson presented his idea for a decentralized treasury protocol to the Ethereum Classic (ETC) community during a Discord call on August 13. Hoskinson, who is the founder of Cardano (ADA) and one of the co-founders of Ethereum, strongly believes that setting up an independent source of funding for development and innovation can ensure the…

Major correction for DeFi as Bitcoin rejected again above $40K: What’s next?
The decentralized finance or DeFi market saw a steep correction over the last 12 hours as Bitcoin (BTC) was unable to break the $41,000 level.Meanwhile, analysts say that the profits from major DeFi tokens are flowing back into Bitcoin, even though the DeFi market is still lagging behind despite BTC’s recovery over the past week.1-hour…

Google Partnership with Hedera Hashgraph Can Generate $1.9B by 2024
Independent research firm Fundstrat predicts that Hedera Hashgraph, the enterprise-grade public distributed ledger platform, could generate $1.9 billion in value across its network by 2024. Fundstart’s predictions are highlighted in their latest report, which analyzes Hedera’s recent growth. The report shows that Hedera’s platform has handled over 36 million transactions since September 2019 when the network…

Scattered Gains Bring Respite after Midweek Crash, But Many Alts Continue to See Losses
Friday, September 7: after the midweek bloodbath, crypto markets have slightly stabilized today, although many coins continue to shed value, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC) is trading at around $6,430 at press time, down just under one percent on the day, according to Cointelegraph’s Bitcoin Price Index.Despite a bullish start to September,…

Top 5 cryptocurrencies to watch this week: BTC, BNB, ADA, LTC, LINK
Over the past week, several traders bought Dogecoin (DOGE) leading up to Elon Musk’s Saturday Night Live appearance as they expected a pump. However, the mention of Dogecoin during the monologue by Musk did not produce the rally traders were looking for and professional traders may have dumped their positions on novice traders who were…

Leaked copy of US draft bill shows DeFi and DAOs under regulatory lens
The draft bill proposes to eliminate anonymous crypto projects, with DAOs, DeFi and exchanges required to legally register in the United States. 467 Total views 3 Total shares A leaked copy of a United States draft bill concerning cryptocurrency started doing the rounds on Twitter earlier on Tuesday. The 600-page copy of the leaked bill…