Intuit lays off 10% of staff to focus on AI

The Hong Kong Virtual Asset Consortium was established on May 31 to create indices and rating services for cryptocurrencies. According to a July 4 announcement, BitgetX, the Hong Kong subsidiary of cryptocurrency exchange Bitget, has joined the Hong Kong Virtual Asset Consortium (HKVAC), which provides ratings services and indices to cryptocurrencies. Launched on May 31 with…

The Bitcoin community continues to debate whether allowing the recovery of lost BTC by hackers using quantum computers would be ethical. 830 Total views 1 Total shares Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said that burning these coins to

Public blockchains can be accessed and read by anyone but creating meaningful insights from this data is no mean feat. Millions of transactions are recorded across a variety of chains and layer-2 protocols, creating petabytes of data daily.Services like Google transformed the early internet, accomplishing a significant engineering task by structuring and curating millions of…

Interoperability has become one of the driving themes within the crypto market and as the blockchain ecosystem evolves into an interconnected web of layer-one protocols, the importance of communication and efficiency among decentralized applications (dApps) will also increase.Ren (REN), a blockchain protocol designed to provide interoperability and liquidity between different blockchain platforms, has started gaining…

Regulatory clarity enables crypto companies to continue to innovate, Zac Prince says. 5849 Total views 3 Total shares BlockFi CEO Zac Prince agrees with United States Senator Elizabeth Warren that there is a lot of noise in the crypto industry. Still, he expects that the clarity that comes with regulations will positively impact the ecosystem. Describing…

It will look at the use and oversight of crypto in 401(k) and similar plans, which is controversial in many parts of the government. 171 Total views 11 Total shares Chairman of the United Sates House of Representatives Ways and Means Committee Richard Neal sent a letter to the Government Accountability Office (GAO), a legislative…

Binance has engaged in official discussions with Facebook and is “very excited” about the libra project, the exchange’s strategy officer Gin Chao told BlockTV in an interview on June 27.While Chao cautioned the talks were at an early stage, the executive said Binance was “looking forward to working with libra as much as we can.” He said:“I think…

A new bill for crypto regulation has been approved by Paraguayan Congress despite the central bank and budget commission’s rejection of the project. 226 Total views 32 Total shares Paraguay is viewed by many as a potential hot spot for cryptocurrency adoption due to low electricity costs and relatively soft taxation. The government has recognized…

The Russian prime minister has welcomed an initiative to use blockchain in agreements over gas supplies by the country’s state-owned gas giant Gazprom, local finance news outlet Vestifinance reports on April 4. The news agency operates under Russian Television and Radio Broadcasting Company (RTR), a major TV channel.The head of Russia’s state-owned gas giant Gazprom,…