OpenAI turns to Broadcom as Musk, Zuckerberg snatch up Nvidia AI chips
The run on training hardware has put chipmakers at the forefront of the general artificial intelligence boom.
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Walmart is Trying to Patent Its Own ‘Libra’ Like Digital Currency
A new patent filing suggests that United States retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency. Walmart filed patent for “Digital Currency via Blockchain”Patent filing number 20190236564, “System and Method for Digital Currency via Blockchain,” was published by the U.S. Patent and Trademark Office (USPTO) on Aug.…
Crypto News From Japan: Week in Review
Japan is a friendly jurisdiction for cryptocurrency trading and development, having eliminated the consumption tax on Bitcoin (BTC) trading in 2017, after which it recognized the coin as legal tender. This week in Japan, a crypto exchange that was hacked earlier this year has closed its doors, while the central bank has come out as…
Blockchain.com acquires SeSocio to cement presence in Latin America
100 SeSocio’s employees will join Blockchain.com, immediately bringing its global headcount to 400 people. 306 Total views 6 Total shares Major cryptocurrency wallet and data service Blockchain.com is expanding in Latin America by acquiring SeSocio, a major crypto company based in Argentina.One of the biggest investment platforms in Latin America, SeSocio will now merge with…
Winklevoss Biographer Writes Newest, BTC-Heavy Episode of ‘Billions’
Crypto fans witnessed another episode of Billions featuring a plot focused on a Bitcoin mining operation. 2691 Total views 52 Total shares The world of cryptocurrencies figured prominently in the newest episode of the Showtime series Billions, which was broadcast on Sunday. The story revolved around a crypto mining scheme in a preparatory school. Notably, the episode…
Lloyds Bank Partners With Blockchain Platform to Streamline Trade Finance
Lloyds Bank is partnering with blockchain platform Komgo to streamline its commercial banking division.Blockchain to streamline international trade processOn Sept. 25, United Kingdom financial news outlet FStech reported that Lloyds Bank has partnered with the distributed ledger technology firm Komgo. Lloyds Bank, one of the “Big Four” clearing banks in the U.K., said that it…
Ripple case is concluding, but the fight for clarity must ‘continue’ – Brad Garlinghouse
In a video posted to Twitter, Ripple CEO Brad Garlinghouse opined that the U.S. financial watchdog acted in "bad faith, plain and simple." He warned that it is only the beginning of the battle for "so many other" crypto firms. 404 Total views 3 Total shares Ripple CEO Brad Garlinghouse has warned that even though…
Getting the story straight: Blockchain to curb fake news
With the United States Presidential Election set for next month, the concern over fake news has once again dominated public discourse. Fake news — the deliberate spreading of verifiably false information under the disguise of being an authentic news story — not only undermines the public’s confidence in the free press, it inflames social conflict,…
Dirham stablecoin DRAM hits Uniswap, developed by relaunched Distributed Technologies Research
Distributed Technologies Research has launched DRAM, a Dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency. 784 Total views 3 Total shares A former MIT alumnus and SoftBank executive has launched a Dirham-backed stablecoin that aims to give countries plagued by high inflation environments exposure to assets linked