Philosopher Yuval Noah Harari warns of AI’s risks in finance
The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system.
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Bitcoin Spot ETFs gain investor interest despite August outflows
The positive inflows into ETFs from major players like Fidelity and BlackRock highlight the growing confidence in these investment vehicles.
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Celsius Network valued at $3.1B following independent review
Celsius is expected to grow its assets under management by 25% annually through 2025, according to Alpha Sigma Capital. 486 Total views 7 Total shares Using 2020 financials obtained from Celsius, Alpha Sigma Capital has determined that the crypto company has an implied value of $3.13 billion, which is approximately three times greater than its…
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Kim Dotcom’s K.IM: Pursuing Copyright Decentralization in Bitfinex IEO
Kim Dotcom, the controversial internet entrepreneur and founder of the now-defunct file storage platform Megaupload, is making a comeback in the digital content business. This time, instead of a platform that allows users to download copyright songs and television series, Dotcom plans to use blockchain technology to create a fair digital content distribution market called…
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Who’s Afraid of Security Tokens?: STO Ecosystem Starts to Deliver on 2018 Hype
The general hype circa 2018 proclaimed security tokens as crypto’s killer app. After Bitcoin fell from its $20,000 peak in December 2017, some of the more revolutionary promises of cryptocurrencies had lost their luster — especially after the subsequent collapse of the altcoin market and the mayhem of initial coin offerings.Security token offerings, or STOs,…
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Malta Denies Two Crypto Exchanges Have License to Operate
The Malta Financial Services Authority, or MFSA, has issued an alert on March 25 about two crypto exchanges that do not have licenses to operate, nor are they regulated in the country.COINMALEX and Crypto Foxtrades are the exchanges that the country’s financial watchdog alluded to in the statement, as both companies claimed on their websites…
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Genesis calls in restructuring expert in its fight to avoid bankruptcy
Cryptocurrency lending firm Genesis Global Capital has reportedly hired a restructuring adviser to explore all possible options that include, but aren’t limited to, a potential bankruptcy. It is understood that the firm has hired investment bank Moelis & Company to explore options, while people familiar with the situation have stressed that no financial decisions have been…
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NFT activity on Telegram surged 400% in Q3: Report
Helika’s Web3 Gaming Report shows that the number of unique wallets transferring NFTs in Telegram surged from fewer than 200,000 in July to more than one million in September.
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BMW to Host Event for Blockchain in Auto Tech Tournament
The Mobility Open Blockchain Initiative (MOBI), and the Trusted IoT Alliance (TIoTA) have launched a tournament for blockchain applications in vehicles, according to an official press release published Oct. 10.The new tournament entitled MOBI Grand Challenge reportedly intends to develop “the first viable” blockchain-powered network of vehicles and system to coordinate machines, provide data sharing,…