Regulators are misguided in efforts to restrict open-source AI

The Economic Secretary of the Treasury told Parliament has confirmed the project has been put on the back burner, but will “keep this proposal under review.” Own this piece of history Collect this article as an NFTThe United Kingdom has shelved plans to launch a government-backed “NFT for Britain,” which was initially proposed by crypto-friendly…

New industry report on the GameFi landscape traces its development from the embryonic stages to an established industry. 368 Total views 5 Total shares Blockchain games are set to overtake decentralized finance (DeFi) as the number one contributor to decentralized application (DApp) activity in terms of uniquely active wallets. A new 18-page report by DappRadar…

But others, like Arca CEO Rayne Steinberg, had “mixed feelings” about the events. While pleased that a much-awaited crypto investment vehicle finally received regulatory approval — ending eight years of futility on the part of U.S. fund issuers — he had some misgivings about the product that finally met the approval of the SEC, specifically…

Applications range from digital storage to energy markets, the report said, while pointing to significant use cases for the technology. 

Nonfungible tokens continue to captivate mainstream audiences around the world as Web3 technology grows at a rapid pace. 163 Total views 25 Total shares Nonfungible tokens (NFTs) have been part and parcel of the cryptocurrency space for the last couple of years. Still, their value and utility across several industries have driven their proliferation into…

South Korea’s oldest bank, Shinhan Bank, partnered with two other companies to develop a blockchain-based security solution.Korea’s Shinhan bank to enhance security with blockchainAccording to a report published on Aug. 14 by local news outlet TheKoreaTimes, Shinhan Bank signed a memorandum of understanding with financial technology startup Ground X and blockchain developer Hexlant to develop…