Grayscale launches Aave investment fund
The AAVE token has outperformed this year after tokenholders endorsed upgrades to its tokenomics.
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DeepMind exec: AI assesses climate issues, falls short of full solution
Google DeepMind Climate Action Lead Sims Witherspoon suggested a strategy dubbed the “Understand, Optimize, Accelerate” framework, outlining three steps for tackling climate change with AI. 63 Total views 14 Total shares Amid efforts by climate scientists and advocates to address environmental challenges, Google DeepMind Climate Action Lead Sims Witherspoon sees potential in artificial intelligence (AI)
Child’s play: Gajesh Naik, 13, manages a fortune in DeFi
At 13, it is hard to believe that anyone can understand the potential — and responsibility and danger — of holding private keys to half a million dollars while living life as a normal seventh-grader in India.What makes the case of Gajesh Naik, the 13-year-old decentralized finance (DeFi) wunderkind from Goa, so unique is that…
Dutch Central Bank Does Not Consider Cryptocurrencies as ‘Real Money’
An executive at the Dutch Central Bank has said that while cryptocurrencies are not “real money,” the bank has no plans to ban them, local news outlet Dutch News reported August 3. The divisional director of the Dutch Central Bank, Petra Hielkema, told Dutch News that due to the volatility of cryptocurrencies and the possibility…
Chainlink Labs offers Proof of Reserve service for embattled exchanges
The company claimed its PoR product can restore trust in crypto exchanges through greater transparency, but not everyone is convinced. 360 Total views 3 Total shares Chainlink Labs offered its Proof of Reserve product as a solution to future trust issues in the crypto exchange market on Nov. 10. In a tweet thread, Chainlink Labs…
Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network
The ability to send money to anyone, anywhere, at any time was one of the original motivations behind Bitcoin (BTC) that helped give rise to the expanding cryptocurrency ecosystem that exists today. Blockchain-based global remittance platforms are one sector of crypto projects that have evolved over time to help meet the needs of peer-to-peer money transactions,…
Putin signs law on introduction of digital ruble in Russia
Russian citizens will not be forced to use the digital ruble, and use of the CBDC will be a voluntary choice for people to make, the governor of the Bank of Russia said. 497 Total views 5 Total shares Russia is moving forward with its central bank digital currency (CBDC) as President Vladimir Putin signed…
Settlement not in the cards in SEC vs. Ripple case
Both parties are currently not considering terms for a pretrial settlement. 2700 Total views 40 Total shares The changing of the guard at the United States Securities and Exchange Commission seems to have affected any possible pretrial settlement in the SEC’s case against Ripple.This conclusion was part of a joint discovery letter filed on Monday…
Thailand’s central bank warns against ‘illegal’ THT stablecoin
The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers. 3698 Total views 26 Total shares The Bank of Thailand has issued a stern warning against a privately issued stablecoin pegged to the national currency, the Thai Baht.According to a Bangkok Post report on March 18, the central bank has told citizens…