Google says no 'straight line' between generative AI and unemployment — for now
A new study published by Google highlighted the economic repercussions of generative AI and its probable influence on employment trends and workforce dynamics.
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All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone
China bans Bitcoin (BTC), again.No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental coordination on cracking down on crypto activity. The measures intended to “cut off payment channels, dispose of relevant websites and mobile applications in accordance with the…

Samsung SDS to Use Zero-Knowledge Proofs on Business Blockchain
Samsung SDS, the IT arm of tech giant Samsung, has integrated QEDIT’s zero-knowledge proof solution (ZKP) to its Nexledger blockchain. By applying ZKP, Samsung SDS intends to provide a higher level of privacy for users of its enterprise blockchain platform Nexledger, QEDIT said in a press release on Nov. 14.To apply the technology, Samsung SDS…

42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles
The Bitcoin price plunged below $31,000 on Monday, marking a new low for the year. Altcoins also sold off sharply. 2280 Total views 6 Total shares Roughly $1.4 billion worth of Bitcoin (BTC) was reportedly moved from a wallet tied to Luna Foundation Guard (LFG) on Monday, raising questions about its ultimate destination on a…

Ethereum-Based Augur Enhancement App Veil Closes Up Shop
The Ethereum-based predictions platform Veil is shutting down, according to an official Medium post on July 11.As of July 11, no new markets will be added to the platform. Trading will be disabled entirely on July 24. Veil co-founder Paul Fletcher-Hill recommended that users redeem open positions, withdraw positions from active markets, and withdraw Veil…

RIF Labs Launches 3rd-Layer Scalability Solution Capable of Processing Up to 5K TPS
RIF Labs — owner of bitcoin-based smart contract sidechain Rootstock (RSK) developer RSK Labs — has launched a third-layer scalability solution capable of processing up to 5,000 transactions per second. The news was revealed in a press release from RIF News on May 14.As reported, RSK Labs and its decentralized app (DApp) infrastructure protocols RIF…

Token dump following Binance listing raises insider trading suspicions
Coinbase director Conor Grogan speculated it could be either a rogue employee or a trader who might have access to the losing API. 6286 Total views 38 Total shares Own this piece of history Collect this article as an NFTInsider trading has become a burning topic in the crypto ecosystem, especially in light of the…

Chinese Fintech Incubation Zone Officially Begins Operations in Guangdong Province
The Chinese fintech incubation zone located in the Guangdong province has officially started its operations, Chinese news outlet Chinese Software Developer Network (CSDN) reports Dec. 21.According to the article, the zone — which officially opened Dec. 20 — has a total area of 120 square kilometers and already hosts the headquarters of over 20 companies.…

Ethereum Ice Age May Be Imminent If Miners Withdraw From Network
The Ethereum block difficulty began to grow back in November 2016. Since then, developers have been constantly forced to carry out hard forks to keep the network up until the transition to a proof-of-stake algorithm takes place.In the lead-up to the Istanbul upgrade, implemented on Dec. 8, the Ethereum team decided again to postpone the…