G7 antitrust watchdogs signal possible action on AI sector competition
The G7 nations want to ensure AI isn’t used to facilitate “collusion” between AI firms that could lead to the sharing of sensitive information or forming a monopoly.
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State Street-backed Securrency partners with GK8 for custody and institutional blockchain infrastructure
“Banks and other financial institutions are waking up to the fact that blockchain is more than crypto, and that any financial instruments can be tokenized,” says Lior Lamesh, CEO and co-founder of GK8. 246 Total views 5 Total shares GK8, a cybersecurity and digital asset custodian, has partnered with fintech company Securrency to provide banking…

Over 600 Bitcoin ATMs went offline globally in 2 months
Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams.

Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability
The Fantom market on Aave v3 adds just $30 each day to the DeFi protocol's treasury; developers are also concerned that the integration creates security risks. 190 Total views 4 Total shares On Tuesday, Marc Zeller, integration lead at decentralized finance (DeFi) borrowing and lending protocol Aave, proposed to freeze the platform's v3 Fantom market.…

US federal court dismisses lawsuit against DeFi platform PoolTogether
The DeFi community funded the protocol’s legal defense through a $1.4 million nonfungible token sale in 2022. 467 Total views 2 Total shares A United States judge recently dismissed a lawsuit against the decentralized finance (DeFi) platform PoolTogether. According to the ruling, the federal court system is not the correct place to air concerns against…

Bitcoin at $25K: Discount or disaster?
This week, The Market Report discusses Bitcoin’s recent dip below $25,000 and what it means for the near future. Was it a discount or a disaster? 494 Total views 8 Total shares In the latest episode of The Market Report, Cointelegraph analyst Marcel Pechman delves into Bitcoin’s (BTC) latest bounce at $25,000, which some analysts

Civic engagement and crypto: Miami unveils its own digital coin
On June 2, 2021, Miami Mayor Francis Suarez tweeted that “MiamiCoin” will be the first “CityCoin” ever to be launched, representing Miami’s very own cryptocurrency. Fast forward about two months later and the anticipation surrounding the release of MiamiCoin has been on the rise. Initially, it may appear as if the Magic City’s digital currency will…

Altcoins just repeated a move that could launch them 27,000% higher in 2021
The altcoin market cap has flipped its previous cycle high to support — and the last time that happened, it gained 27,623% in a year. 6549 Total views 22 Total shares Altcoins have delivered huge gains this year, but if they repeat their 2017 moves, hodlers may be looking at an insane 27,000% moonshot.According to…

Venezuela Sets New Bitcoin Volume Record Thanks to 10,000,000% Inflation
Venezuelans traded more bolivars for Bitcoin (BTC) than ever before last week, but the statistics say more about fiat than cryptocurrency. Yet another Bitcoin volumes record for VenezuelaData from Coin Dance, which tracks trading activity on P2P exchanges Localbitcoins, Paxful and Bisq, confirmed the seven days to July 20 were Venezuela’s biggest on record.During that period,…