International agencies report on tokenization to G20 officials
The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges.
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Survey: Half of Millennial Investors Trust Crypto Exchanges More Than Stock Exchanges
Nearly half of millennial traders have more trust in digital currency exchanges than in United States (U.S.) stock market exchanges. Data regarding millennial investment attitudes was collected in a new study from investment platform eToro and published on Feb. 19.Per the report, 43 percent of the surveyed millenial online traders demonstrate less trust in the…
OpenAI staff tells board to resign after Sam Altman ousting: Report
505 out of 700 employees reportedly signed a letter stating that the board has undermined the company’s mission by firing Altman. 139 Total views 41 Total shares OpenAI staff are reportedly not happy about their board of directors firing founder Sam Altman. According to a social media post from tech podcaster Kara Swisher, employees sent
Algorithmic stablecoin market share dropped by 10x from ATH: Report
The stablecoin market, in general, is going through hard times, though the algorithmic coins suffered the most. 400 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe notorious failure of the Terra USD (UST) stablecoin affected the crypto market, but the algorithmic stablecoins took the harshest punch. Since…
Crypto trading firm Cumberland secures New York BitLicense
The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.
DeFi and NFT tokens rally higher as Bitcoin price drops below $19,000
Bitcoin (BTC) and other major altcoins are either stuck in a range or are witnessing a correction. However, that is not the case with the entire crypto space because a few tokens have been outperforming major cryptocurrencies by a considerable margin.In a world where yields have plunged to negligible levels, the DeFi ecosystem has attracted…
Toyota, UTokyo and Trende to Test Blockchain-Based Electricity Trading System
The University of Tokyo, Japanese car manufacturer Toyota Motor Corporation and Japanese online renewable energy retailer Trende Inc. plan to jointly conduct tests for a blockchain-powered electricity system. The news was revealed in an official Toyota press release on May 23.The pilot, scheduled for June 17, will reportedly test a peer-to-peer electricity system that allows…
Four North American Bitcoin miners that could benefit from the East-West shift
Even before China finally wielded the ban hammer on crypto mining, Bitcoin (BTC) miners in North America had been building up their capacity amid efforts to gain a larger share of the global hash rate distribution. From building bigger data centers to acquiring hardware inventories, these establishments have been making concert efforts to balance the…
How blockchain, AI can help research into extending human life
Jasmine Smith, chief executive of Web3-based wellness app Rejuve.AI, told Cointelegraph that decentralized and AI-powered platforms for health research do not aim to replace doctors and clinicians but rather help them in their work. 121 Total views 1 Total shares Blockchain and artificial intelligence (AI) have long been paired to change how people view identity