Meta won’t launch new AI products in EU, citing ‘regulatory uncertainty’
The door is now wide open for Google and Microsoft to gain first movers’ advantage over the entire continent.
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Stock markets across Asia and Europe bleed red as interest rate woes returns
Chinese economic woes dragged down Asian markets while interest rate woes caused a bearish tumble in Europe. Asian and European stock markets faced sharp declines on Friday, with China spearheading the downturn as its September consumer price index showed no growth. Markets pundits say weak economic indicators from China could become a cause of concern
Three Arrows Capital has failed to meet margin calls: Report
Crypto lender BlockFi was among several companies to liquidate at least some of 3AC’s positions, according to a new report. 537 Total views 10 Total shares Venture firm Three Arrows Capital (3AC) has reportedly failed to meet margin calls from its lenders, raising the spectre of insolvency after this week’s crypto market collapse triggered unforeseen…
French Regulators Notice Uptick in Crypto-Related Complaints
French financial regulators have observed an increase in complaints regarding cryptocurrencies this year.Investors in the country are increasingly filing complaints about digital currencies with France’s Financial Markets Authority (AMF) since January 2019, according to the AMF’s 2019 Risk Map report published on July 2.Percentage of claims to AMF regarding crypto assets. Source: AMF The Risk Map…
Vitalik Buterin says ‘more still needs to be done’ over high Ethereum txn fees
"Good user experience is not about the average case, it is about the worst case," wrote the Ethereum co-founder. 86 Total views 3 Total shares Own this piece of history Collect this article as an NFTIn a new blog post published on Feb. 28, Ethereum (ETH) co-founder Vitalik Buterin documented the continued need to improve…
Bitcoin’s new use case? A report card for how the US handles the dollar
Throughout the middle of March, many Americans received stimulus checks from the government, and while the payments — $1,400 for every U.S. citizen earning less than $80,000 annually — will be a blessing for millions in desperate economic straits as a result of the COVID-19 crisis, it has raised again the specter of inflation. And…
Curve Finance launches 'Savings crvUSD' yield-bearing stablecoin
Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome.
Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operations
"With the recent launch of our APAC headquarters in Singapore, we can ensure that we continue to offer best-in-class services to UnionBank and other clients in the region," says Patrick Enjalbal, VP Customer Success managing director of Asia-Pacific region at Metaco. 290 Total views 4 Total shares On Thursday, Metaco, an enterprise cryptocurrency platform for…
C++ Creator Laments C++ Use in Bitcoin Mining Operation
Bjarne Stroustrup, a Danish computer scientist and the creator of C++ programming language, has vented his frustration with use of C++ in Bitcoin (BTC) mining. Stroustrup made his remarks during an interview for Lex Friedman’s podcast released on Nov. 7.Speaking with Friedman, Stroustrup provided an extensive insight into the evolution of C++, the language’s concepts,…