OpenAI’s Altman appears to reject Musk’s $97.4B bid for control
OpenAI’s Sam Altman told Elon Musk “no thank you” on X as Musk reportedly offered to buy the AI firm for almost $100 million.
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Crypto adoption is a ‘huge challenge,’ says Chinese central bank exec
PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins. 881 Total views 41 Total shares The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional financial system, an executive at the Chinese central bank has warned.Wen Xinxiang, director of the payment and settlement department at the…
Basel Committee finalizes crypto exposure rules for banks
The committee is unveiling the standards later in July, culminating a yearslong process.
Polygon selected to participate in Disney’s 2022 Accelerator Program
Ethereum scaling solution Polygon has been selected to participate in Disney’s Accelerator Program to further Polygon’s development of Web3 experiences. 375 Total views 3 Total shares Layer-2 scaling platform Polygon has been selected to partake in Disney’s 2022 Accelerator Program to build on Polygon’s web3 technology, which will commence this week.The Ethereum scaling platform is…
Price analysis 8/15: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin (BTC) has been witnessing a tough battle between the bulls and the bears near the $25,000 level. A clear winner may not emerge in the short term due to a lack of a catalyst and because there is no major macro economic data scheduled for this week in the United States. Data points from…
Coinbase integrates Lightning Network for Bitcoin transactions
The integration brings instantaneous transfers on the layer-2 Lightning Network to the world’s biggest Bitcoin exchange.
UAE’s DLT Overhaul on Track to Bring Blockchain to Daily Life by 2021
The United Arab Emirates is approaching its 2021 deadline for migrating at least 50% of all government transactions onto distributed ledger technology-based platforms.Cointelegraph spoke to Leon Smith, the CEO of Dex — an Abu Dhabi-based crypto firm that has been issued with an in-principle approval ahead of the country’s forthcoming regulatory framework for crypto asset…
Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump
NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February. 215 Total views 2 Total shares Nonfungible token collection and technology firm Dapper Labs has announced its third round of staff layoffs in less than a year.On July 13, Dapper Labs CEO Roham Gharegozlou…