SUI blockchain explained: Is it the future of decentralized networks?
Learn about SUI blockchain’s innovative architecture, scalable solutions, and its potential to reshape the landscape of decentralized networks.
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China AI chip market finds expansion paths despite US export restrictions
The Chinese artificial intelligence (AI) chip market has been subject to ongoing export restrictions imposed by the United States in October 2022, which prohibited the sale of certain U.S. products to China. The U.S. initially blocked the export of the highest level of chips produced by companies like Nvidia and AMD. Under the initial October controls, the companies

Dubai Chamber of Commerce Signs MoU on Blockchain Trade Solutions
The Dubai Chamber of Commerce and Industry (DCCI) has entered a joint initiative to promote the adoption of blockchain trade solutions, according to a press release on July 1The DCCI, which acts as an international business hub in Dubai, has signed a memorandum of understanding (MoU) with two entities the International Chamber of Commerce (ICC)…

Poloniex settles charges with SEC for operating unregistered exchange
Poloniex will reportedly pay over $10 million as settlement for the SEC indictment. 447 Total views 21 Total shares The United States Securities and Exchange Commission has charged crypto exchange platform Poloniex for breaching securities trading regulations.According to an announcement by the SEC on Monday, Poloniex offered trading of cryptocurrencies deemed securities to U.S. investors…

People Spend More Crypto on Food and Clothing Than on Illegal Drugs
A survey of people familiar with crypto shows a stark contrast between public perception of crypto’s utility and what it is actually used for. 996 Total views 36 Total shares A survey published by research firm Visual Objects has found food and clothing purchases to be the most common use cases for cryptocurrencies.The findings highlight…

Beyond the NFT hype: Creating lasting business models for artists
It could be argued that nonfungible tokens, or NFTs, have been a concept since 2012. For instance, the inception of “Colored Coins” in 2012 may have laid the groundwork for NFTs today, as this project demonstrated how the Bitcoin (BTC) blockchain could be used as a transaction mechanism for real-world assets.Fast forward to 2017, a…

ENS dumps director of operations in condemnation of homophobic tweets
True Names Limited, the nonprofit behind distributed domain protocol Ethereum Name Service, announced it would be ending its contract with director of operations Brantly Millegan after many uncovered his previously posted anti-LBGTQIA tweets.On Feb. 6, the decentralized autonomous organization of Ethereum Name Service, or ENS, asked users to weigh in on what actions, if any,…

Bitcoin bulls attack $57,000 and altcoins rally as April comes to a close
Altcoins moved toward new highs and Bitcoin price rallied above $57,000 shortly after today’s uneventful $4.2 billion monthly options expiry. 703 Total views 12 Total shares Bitcoin (BTC) and the overall cryptocurrency market sprang to life on April 30 as an uneventful close to this month's $4.2 billion options expiry occurred without any signs of…

Chainalysis axes another 15% of staff citing difficult market conditions
The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper. 280 Total views 3 Total shares Blockchain analytics firm Chainalysis has reduced its headcount by another 15% this week, citing the need to reduce expenses due to continued bear market blues.On Oct. 3, Chainalysis confirmed to Cointelegraph that it had