India to launch generative AI model in 2025 amid DeepSeek frenzy
Union IT Minister Ashwini Vaishnaw said he is not worried about US export controls on high-performance computing chips from Nvidia.
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95% of winners in China’s CBDC lottery spent digital yuan prizes
Some winners purchased additional digital yuan during the pilot. 767 Total views 13 Total shares The vast majority of China’s $1.5 million digital yuan lottery winners have received and spent their “red packets” of digital yuan.As of Oct. 18, a total of 47,573 out of 50,000 lottery winners in China have received their prizes, Shenzhen…

Iranian General Calls for use of Crypto to Evade Sanctions
This week an Iranian general called for a unique way to bypass the sanctions on his country enforced by the United States. Saeed Muhammad, commander of the Islamic Revolutionary Guard Corps, called for Iran to use cryptocurrencies to evade the economic sanctions. According to the Telegram channel of Coinit.ir, a crypto news organization based in Iran,…

UNICEF Crypto Fund to Invest $100K in Humanitarian Blockchain Projects
Over the past four years, the United Nations International Children’s Fund has been investing in startups applying open-source technology, hoping to make the world a better place, but is looking to step up its game even further now.Cecilia Chapiro, an investment advisor at UNICEF Ventures, told Cointelegraph that UNICEF had launched its innovation fund in…

Kusama (KSM) price jumps 70% ahead of the upcoming parachain auctions
KSM price establishes a new all-time high as competition heats up for the upcoming parachain auctions. 1991 Total views 12 Total shares Kusama (KSM) price underwent a strong 70% breakout on Feb.15 as excitement continues to build for the Kusama and Polkadot (DOT) ecosystems ahead of the upcoming parachain auctions. Kusama price soars 70%Data from Cointelegraph…

Tornado Cash DAO goes down without explanation following vote on treasury funds
Github, Circle, dYdX, Alchemy, and Infura... All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions. 192 Total views 2 Total shares The Tornado Cash DAO went offline after many social media users reported the community discussing ways to challenge sanctions recently imposed by the United States Treasury…

The Word Stimulus Means “Buy Bitcoin” For This Exec
The head of business development for blockchain financial services outfit, Unchained Capital, flees to Bitcoin when the government starts talking about stimulus spending. 457 Total views 12 Total shares Parker Lewis, Unchained Capital's head of business development, said he sees recent government stimulus talk as a sign that it’s time to pick up more Bitcoin…

Ethereum ‘double doji’ pattern hints at a 50% ETH price rally by September
Ethereum's native token, Ether (ETH), looks poised to undergo a sharp upside retracement in the coming weeks after painting a so-called "double doji" pattern, accompanied by a few bullish technical indicators.Ether strong support confluence meets dojisTo recap, a doji is a candlestick that forms when a financial instrument opens and closes around the same level…

Dropbox ditches unlimited storage offering, blaming crypto cloud miners
The storage platform turned to metered storage after discovering its Advanced plan was being used by some for crypto mining and other resource-intensive tasks. 243 Total views 5 Total shares The online storage platform Dropbox has binned its unlimited storage plan after discovering some of its users were using the service for resource-intensive purposes like…