Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.
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Why traders expect ‘boring’ Bitcoin and altcoin price action until 2021
Bitcoin (BTC) price has been stuck in a range for weeks now but traders generally expect a slow fourth quarter for the top-ranked digital asset.Bitcoin quarterly returns (%). Source: Skew.comIn 2018 and 2019 Q4 closed net negative, injecting a bit of bearish sentiment into the market. In the near term, a boring Q4 of further…
OpenSea walks back on IPO plan following community backlash
OpenSea’s new CFO Brian Roberts faced a firestorm of complaints from the NFT community based on what he said was "inaccurately reported" comments. 114 Total views 3 Total shares The world’s top nonfungible token (NFT) marketplace OpenSea has denied it intends to pursue a public listing any time soon.Chief Financial Officer (CFO) Brian Roberts sparked…
Crypto could bypass President Biden’s ‘devastating’ sanctions on Russian banks and elites: Report
“If a wealthy individual is concerned that their accounts may be frozen due to sanctions, they can simply hold their wealth in Bitcoin," said Mati Greenspan. 488 Total views 16 Total shares The sanctions announced by United States President Joe Biden in response to Russia’s attack on Ukraine did not include cutting the country off…
Trump names Treasury Sec as acting CFPB head after firing predecessor
Scott Bessent, who has been in office for less than a week as US Treasury Secretary, will also take on the role of acting director of the Consumer Financial Protection Bureau.
Huawei Files for a Storage-Related Blockchain Patent
Huawei strengthens its blockchain adoption campaign by applying for new storage-based Blockchain patents. 2227 Total views 12 Total shares Chinese tech giant Huawei recently applied for a new patent related to blockchain technology which deals with storage methods and devices. Huawei holds a number of other relevant patents, covering topics like Blockchain-based settlement methods.According to…
Blockchain Adoption as a Cure for Cross-Border Trading
In August of 2019, both the United States and Thailand announced their plans to test blockchain applications for tracking and managing shipments. The U.S. Customs and Border Protection (CBP) is planning to test a blockchain application against their current system to determine how distributed ledger technology (DLT) can improve its existing processes. Thailand, on the…
Bitcoin and altcoins correct after Yellen’s ‘illicit financing’ critique
Janet Yellen’s critical comments about cryptocurrencies put a damper on the wider market just as Ethereum price reached a new all-time high. 6361 Total views 21 Total shares On Tuesday, Ether (ETH) underwent a bullish breakout which propelled the price to a new all-time high at $1,428. While the move may have been technical, the fundamentals…
The blockchain trilemma: Can it ever be tackled?
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