‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation
The company’s focus will be on developing artificial intelligence with 3D perception.
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Trezor crypto wallet’s move into the semiconductor business isn’t for everyone
Crypto wallet maker Trezor recently decided to start manufacturing its own hardware wallet chips to respond quickly to demand-triggering events like the FTX collapse.Trezor announced on Feb. 27 that it would begin producing the chip wrapper, a crucial component for the Trezor Model T — its flagship device. The move will reportedly cut the supply cycle…
Blockchain technology can help create safe and inclusive adult platforms
The cryptocurrency market is no stranger to speculation. Consider that despite this industry's growth, many continue to view these assets and associated technologies as a bubble that is about to burst. As history has proven, overcoming the technology adoption curve comes down to a major use case, or the so-called "killer app." Although there is no…
Grayscale reportedly dumps massive stakes in XRP, XLM
The digital asset manager has reduced its holdings of both cryptocurrencies significantly. Grayscale Investments, the world’s largest digital asset manager, has reportedly dumped a significant portion of its XRP and XLM holdings.Data from Bybt, a cryptocurrency futures trading platform, reveal that Grayscale’s XRP holdings declined by more than 9.18 million on Dec. 29, bringing its…
UK authorities to focus on stablecoin regulations to prevent monopolies
British regulators have identified the stablecoin market as their primary assignment amid efforts to create a legal framework for virtual currencies in the country. 2378 Total views 11 Total shares John Glen, the United Kingdom's financial services minister, has said that stablecoins will be the main focus of the government’s crypto regulatory activity.Glen made delivered…
BlockShow Asia 2018 Starts in Singapore
Blockshow Asia 2018, dubbed “the largest blockchain technology roadshow” by tech news website Venturebeat, started in Singapore Wednesday, Nov. 28.Blockshow Asia, powered by Cointelegraph, is returning to Singapore for the second time bringing together over 3,000 blockchain enthusiasts from over 50 countries. The conference is scheduled for Nov. 28 and 29, while Asia Blockchain Week…
Beyond the hype: NFTs can lead the way in transforming business experiences
Many businesses and big brands have already jumped on the nonfungible token (NFT) bandwagon, including Nike, the National Basketball Association, Pepsi and even Taco Bell. But are these just for the show, or are these NFTs creating value? Much like digital services have become essential for every business in and outside of the technology sector,…
Bitcoin Price Chart Nears Bullish Cross That Last Time Preceded $10K
Bitcoin (BTC) Bitcoin price closed the week at $7,126 with highs of $7,306 and lows of $7,472. This represented a gain of 3.16% and a fifth consecutive week of buying pressure since the sharp drop into $3,000s, which was quickly rejected.Bitcoin has begun the week with a sell-off, with prices pushing below $7,000, following traditional…
Bitcoin bulls to defend $40K leading into Friday’s $760M options expiry
Over the past two months, Bitcoin (BTC) has respected a slightly ascending trend, bouncing multiple times from its support. Even though that might sound positive, Bitcoin's performance year-to-date remains a lackluster negative 14%. On the other hand, the Bloomberg Commodity Index (BCOM) gained 2% in the same period.Bitcoin/USD 1-day candle chart. Source: TradingViewThe broader commodity…