EU watchdog urges banks to prioritize clients in AI usage

CoinShares has noted significant outflows from institutional products this past week, signaling some institutions have been realizing profits amid BTC’s recent pull-back. 2093 Total views 13 Total shares A new report from crypto fund provider CoinShares has indicated that some institutional investors have been realizing profits during BTC’s recent consolidation.CoinShares’ weekly digital asset flows report…

The French artificial intelligence startup Mistral AI closed a funding round worth around $415 million as it strives to be the EU’s rival to OpenAI and accelerates the EU AI race. French artificial intelligence (AI) startup Mistral AI has announced it raised €385 million ($415 million) in its latest funding round to develop its technology

Bitcoin (BTC) has started the week on a negative note. The failure of the bulls to pierce and sustain above the $38,000 resistance has given a small window of opportunity for the bears to try and make a comeback. Strong selling has pulled the price below $37,000 on Nov. 27.However, lower levels are likely to

The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025. 201 Total views 1 Total shares Publicly traded Bitcoin (BTC) mining firm Cipher Mining (CIFR) is scaling operations with a new mega-purchase of cryptocurrency mining devices.Cipher will buy 37,396 units of

The app is expected to cease operations on March 16, 2023. 516 Total views 3 Total shares Own this piece of history Collect this article as an NFTDigital asset platform Bakkt has announced its plans to shift its focus to B2B technology solutions. The company said it will soon be sunsetting its consumer-facing app, which…

The United States Federal Trade Commission (FTC) is suing a startup for spending its raised funds on bitcoins (BTC) and credit card bills, rather than the stated products, the court filing revealed on May 6.The FTC brought a lawsuit before the U.S. District Court for the Southern District of Texas alleging that the startup dubbed…

David Chaum has launched a new private messaging system that claims it can keep message data and information about its users secure against the most powerful computers. 259 Total views 4 Total shares The new private messaging app called ‘xx messenger’ has been developed by renowned cryptographer David Chaum and it claims to be quantum-resistant.The…

Crypto miners will be able to deduct electricity costs as business expenses when filing cryptocurrency taxes starting in 2022. 3606 Total views 27 Total shares Crypto investors involved in cryptocurrency mining may enjoy a significant tax break when the country’s digital currency tax regime commences in 2022.According to a report by Pulse News, South Korea’s…

Bitcoin price charting on a longer timeframe, market structure and the issuance of 1 billion Tether so far this year are making crypto and equities analyst FilbFilb incredibly bullish on BTC/USD in the run up to the 2020 halving. Bitcoin traders split into 3 groups Since correcting from 2019’s all-time high of $13,800 and thrice failing to…