Softbank lost 99% when the dotcom bubble burst, now it’s all-in on AI

Stablecoin runs could occur if users lose confidence in the issuer or its network. The European Central Bank has warned the global community about the risks of so-called “stablecoin runs.”Analogous to the term “bank runs” in the traditional financial system, stablecoin runs could occur if end users lose confidence in the issuer or its network,…

Gearing up for new battles against data-driven monopolies, antitrust enforcers may well look to blockchain as a way of getting honest data from companies they don't trust. 789 Total views 7 Total shares Competition authorities are hitting the books when it comes to emerging technologies like blockchain and AI. On Tuesday, the Department of Justice announced…

According to a filing with the United States Securities and Exchange Commission, the Chinese company The9 Ltd bought 5,297,257 tokens during a Telegram initial token offering in January 2018 for $2 million dollars. The filing also states that The9 has invested in multiple blockchain-based companies as of 2018. According to a report by Russian business news…

On Oct. 23, Mark Zuckerberg, founder and CEO of social media platform Facebook, appeared before the U.S. House Financial Services Committee to testify on the prospective global cryptocurrency Libra, which his company is backing. He ended up enduring almost six hours of mostly critical questioning, as some of the legislators used the occasion to raise…

According to a new bankruptcy filing, defunct crypto lender BlockFi has $227 million worth of uninsured funds allocated to a money market mutual fund (MMMF) offered by troubled Silicon Valley Bank (SVB). SVB — one of the U.S’s largest banks and key partners to venture-backed companies — was shut down by the California Department of…

ECB board member Fabio Panetta affirms the ECB’s digital euro privacy policy and says the digital currency will never be programmable, but it may have an app. 1612 Total views 13 Total shares Own this piece of history Collect this article as an NFTThe digital euro, should it come into existence, will preserve the role…

The world’s top mixed martial arts promotion has announced a partnership with Latin American crypto-only casino, Stake.com. 2166 Total views 19 Total shares Ultimate Fighting Championship, the world’s leading mixed martial arts, or MMA, organization, has announced an exclusive partnership with Stake.com — a leading crypto-powered online casinos and sportsbook.The partnership announced on March 7, will…