South Korea devises law for constant scrutiny of 600 crypto tokens
South Korea is set to implement the virtual asset user protection law, which will come into force by July 19.
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Nobody is in charge of Ethereum. It suffers from a chronic lack of governance, a lack of structure. And as a result, it is in crisis. That’s one theory, anyway.“Ethereum governance has failed. We are a de facto technocracy, where a small group of technocrats, the core devs, have final say over what goes into the…
Mike Novogratz: Web 3.0 Will Change the World, Not Bitcoin
The world’s largest cryptocurrency, bitcoin (BTC), is not going to change the world as it is just a store of value, Galaxy Digital CEO Michael Novogratz said at ConsenSys’ Ethereal Summit on May 11.Major bitcoin bull and former Wall Street exec Novogratz made his comments during a speech entitled “The Herd Is Still Coming!” at…
HKEX launches digital asset index as Hong Kong expands crypto licensing
The new index series from HKEX will offer a single reference price for Bitcoin and Ether, aligning with Asia-Pacific trading hours, and it aims to boost transparency in the digital asset market.
Former OpenAI researcher foresees AGI reality in 2027
Former OpenAI researcher Leopold Aschenbrenner is confident that an AI lab will be able to train a GPT-4-level model in a minute in 2027, versus three months in 2023.
Binance to shut down BUSD lending by October 25
The move is part of a phased termination of BUSD support by February 2024. 526 Total views 10 Total shares Crypto exchange Binance will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25.According to the October 3 announcement, the exchange will close all outstanding BUSD loan and collateral positions
Responsible AI can create policies to help ‘better serve society’
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Hamster Kombat creators: marketing geniuses or modern satirists?
Hamster Kombat has 200 million players clicking their screens. But the game raises intriguing questions about play-to-earn gaming, growth hacking and universal basic income.
Arca Files With SEC to Issue Stablecoin-Like Digitized Shares on ETH Blockchain
Arca, an American institutional-grade investment manager, is seeking regulatory approval to issue digitized securities on blockchain, according to a filing document released on April 12.The company has filed with the United States Securities and Exchange Commission (SEC) to issue its Arca UST Coins — digitized shares that will be authenticated and then recorded in a…