Microsoft faces multi-billion dollar fine in EU over Bing AI
The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27.
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ZK-proofs are too complicated for decentralized ID — KILT CEO
The governments of Australia, Palau, Argentina, and Estonia are experimenting with different forms of decentralized identity solutions.

Cointelegraph Consulting: Exploring the DeFi components in GameFi
In 2018, the two main ways video game players can earn a living were through e-sports and live streaming — or perhaps a successful YouTube channel. But, thanks to the rise of blockchain technology, the financial aspect has never been more interwoven with the gaming industry. While most users are acquainted with one or two…

IOTA to Enter a New Partnership to Track Potentially Fatal Food Allergens With DLT
Non-profit blockchain organization IOTA Foundation has teamed up with digital food safety management firm Primority to track food allergens via blockchain, IOTA tweeted on June 20.The new partnership aims to reduce risks associated with potentially fatal food allergens, targeting 220 million people with food allergy worldwide, as IOTA noted in the tweet.The collaboration includes the…

‘It would be absurd’ for a US court to rule private NFTs as securities: Lawyer
The comments from the hosts of lawyers comes as Judge Victor Marreo said that Dapper Labs’ NBA Top Shot Moments NFT may constitute a security. 110 Total views 19 Total shares Own this piece of history Collect this article as an NFTBlockchain Association’s chief legal officer says “it would be absurd” for a United States…

BitMEX CEO Arthur Hayes Reveals Plans to Open Crypto Options Platform
Arthur Hayes, co-founder and CEO of major crypto derivatives exchange BitMEX, has revealed that the firm is hoping to open a cryptocurrency options platform in the medium term. Hayes made his remarks during an interview on the Venture Coinist podcast on April 12.Hayes — a former equities trader for Citigroup — indicated a rough timeline…

Blockchain Intelligence Firm Chainalysis Raises $30 Million From Accel, Others
New York-based blockchain intelligence firm Chainalysis has raised $30 million in a Series B funding round led by venture capital giant Accel, the company confirmed in a post on Feb. 12.The fresh funding will reportedly be used to expand Chainalysis’ corporate operations, which include a proprietary Know Your Customer (KYC) product that allows financial institutions…

LocalBitcoins Receives Finnish FSA Virtual Currency Provider License
The Finnish Financial Services Authority (FIN-FSA) has officially registered LocalBitcoins as a virtual currency provider, starting at the beginning of November 2019. Finland only allows officially registered providers who fulfill the legal requirements to operate in the country.A safe pair of handsIn order to receive the registration, LocalBitcoins had to prove to the FIN-FSA that…

Stocks slide as dollar hits 4-month highs: Why Bitcoin price is slumping below $50K
The price of Bitcoin (BTC) is extending its slump below $49,000 on March 5 as the U.S. dollar index (DXY) reached the highest levels since November 2020. DXY (blue) vs. BTC/USD (orange). Source: TradingviewMeanwhile, the prospect of rising rates and a potential stock market top is putting downward pressure on equities and Bitcoin, causing the entire…