SoftBank subsidiary to develop semiconductor chips, reports profits after AI shift
The SoftBank-owned research and development firm Arm said it will develop its own artificial intelligence chips as its owner reports profits after shifting focus to AI.
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Majority of UK MPs ‘lack crypto knowledge,' says industry association
According to CryptoUK, MPs Andrew Griffith and Lisa Cameron were among the top crypto proponents in the U.K. government. 95 Total views 1 Total shares The self-regulatory trade association CryptoUK has reported roughly 5% of all Members of Parliament (MPs) in the United Kingdom have publicly spoken on crypto and blockchain, suggesting a lack of
Celsius’ co-founder Daniel Leon follows Mashinsky out as crypto exec flight continues
Leon is at least the eighth crypto sector executive who has resigned in recent months; Celsius CEO Alex Mashinsky resigned a week ago. 418 Total views 25 Total shares S. Daniel Leon, who cofounded Celsius with Alex Mashinsky in 2017, has quit his job as the bankrupt crypto lender’s chief strategy officer, CNBC reported Oct.…
Libra Association Seeks Swiss Payments License for Stablecoin
The Libra Association, or which Facebook is a member, is seeking a payment system license under Switzerland’s Financial Market Supervisory Authority (FINMA) for its planned stablecoin project, Reuters reported on Sept. 11. “Regulated, low-friction, high-security” blockchain paymentsIn an official statement today, the Switzerland-registered Libra Association — a not-for-profit membership organization established to govern the Libra network…
BitGo to Provide Custody Services to Indian Crypto Exchange CoinDCX
Cryptocurrency custodian BitGo will provide its services to Indian exchange CoinDCX, offering secure storage and partial insurance for assets traded on the platform.BitGo — a United States-based firm that claims to process over 20% of all Bitcoin (BTC) transactions — provides an insurance policy covering up to $100 million in value through a syndicate of…
3 Likely Reasons Why Bitcoin Price Crashed — And What’s Next for BTC?
The moment many traders have anxiously anticipated arrived this morning as Bitcoin price (BTC) plunged below $7,800 and eventually settled near $7,400. It’s possible that the bleeding isn’t over yet and investors will likely wait for the 4-hour and daily close before making any strong moves.Many traders anticipated a decisive move occurring sooner than later…
Stockbroker platform Public.com adds crypto trading feature
The stock trading app is set to debut crypto trading for its users except those in the state of New York. 431 Total views 14 Total shares Public.com, a neo-brokerage outfit based in New York has announced the launch of crypto trading services for its customers.In a statement issued on Thursday, Public revealed that users…
4 reasons why $100K is the next logical step for Bitcoin
Bitcoin’s path to $100,000 is supported by strong institutional interest, macroeconomic trends, and miner confidence.
Flare gets NFT platform to increase use cases for interoperability protocols
The NFT marketplace Sparkles launched on the layer-1 EVM oracle platform Flare for interoperable protocols to expand use cases for NFTs and their holders. 58 Total views 2 Total shares Own this piece of history Collect this article as an NFTFlare, the layer-1 Ethereum Virtual Machine (EVM) blockchain, went live on Jan. 10 after it…