Meta faces backlash in EU for AI data usage without user consent
The complaints claimed that Meta’s recent privacy policy changes would allow the company to utilize years of personal posts, private images, and online tracking data for its AI technology.
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AI may already use more power than Bitcoin — and it threatens Bitcoin mining
AI may already consume more power than Bitcoin mining, and its deep pockets mean miners face stiff competition for equipment and electricity.

TV streaming providers should start relying on NFTs
Subscription-based services have become so ubiquitous it’s hard to remember a time when they weren’t the norm. Streaming companies have sought to take advantage of that norm by fleecing consumers for everything they’re worth — just look at Netflix’s decision to start running advertisements. Another benefit of leveraging NFT technology is that streaming services can increasingly…

German crypto regulator calls for global rules to also govern niche finance centers
BaFin's top executive stresses the risks of crypto and calls for global regulation to apply to all financial centers, without exceptions. 277 Total views 19 Total shares While the European Union has made significant progress toward regulating crypto by approving its comprehensive framework, Markets in Crypto Assets (MiCA), the need for global regulation still remains

CoinDCX To Allocate $1.3 Million to Indian Crypto Education
Crypto exchange CoinDCX has announced on March 12 a $1.3 million funding towards increasing awareness and adoption of cryptocurrencies in India.According to the company, the funds will go towards a long-term project called TryCrypto, which will seek to introduce 50 million Indian consumers to cryptocurrencies.Items to be funded within TryCryptoEducational programs, seminars, workshops, and distance…

Bitcoin miner Riot Platforms hash rate booms 50% in June
Riot’s hash rate of 22 EH/s surpassed CleanSpark and Core Scientific and now only trails Marathon Digital’s 31.5 EH/s.

Ether price drop due to investor sentiment, not $420M ETF outflows — Nansen
Ether’s price is subdued by a lack of risk appetite among investors caused by wider macroeconomic conditions.

New Portfolio Management App Targets Investors With Just $25 to Spend
Simplified crypto portfolio app hopes to attract new users to the space by targeting investors with as little as $25. A new cryptocurrency investment and portfolio management app for Android and iOS promises to lower both the technological and financial barriers to entry for new investors.Launched May 7, B21 Invest allows users to easily create…

Ethereum on a high after European Investment Bank’s $121M digital bond news
ETH prices have cranked 7% over the past 24 hours, outperforming big brother. 514 Total views 11 Total shares Ethereum prices skyrocketed to a new all-time high on Wednesday on the back of positive news from the European Investment Bank.Ethereum has climbed to $2,709 during early Asian trading on Wednesday, April 28, marking a new…