The singularity: How AI could become the final boss whale of crypto
World-renowned futurist Ray Kurzweil says the singularity is coming sooner than expected.
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Akon’s DLT Startup to Set up a Blockchain Hub in Kenya in Q4 2020
A joint initiative of Akon’s Akoin and Dutch Effect.AI, the Kenyan Opportunity Hub will promote blockchain education and new work opportunities. 534 Total views 16 Total shares Akon, a famous Senegalese-American musician and a known blockchain supporter, is setting up a blockchain hub in Kenya.Dubbed the “Kenyan Opportunity Hub”, the new venture aims to promote…

XRP gains 30% after Ripple gets permission to explain ‘fair notice defense’ vs. SEC
The long-timeframe chart is painting a death cross pattern, however, suggesting a selloff ahead. 303 Total views 2 Total shares XRP price rose by nearly 30% in less than a week amid positive sentiment around the court case, in which the U.S. Securities and Exchange Commission (SEC) claims that Ripple sold XRP as illegal securities.SEC vs. Ripple…

Bitcoin ATM Producer Moves to Switzerland Due to Regulatory Difficulties
Bitcoin (BTC) automated teller machine (ATM) manufacturer Lamassu has moved to Switzerland due to regulatory difficulties in other countries, according to a blog post published Jan. 1.Lamassu — now called Lamassu Industries AG — has moved to the Swiss canton of Lucerne, because the firm wants “to be in a place where rules are well…

Is $4,000 Ethereum a distant dream? Futures premium plunge to 3-week low
Lack of enthusiasm toward cryptocurrencies comes from regulatory uncertainty, but there’s also some concern on the macroeconomic side

Many NFT projects lack adequate smart contract testing, says nameless founder
Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract. 204 Total views 3 Total shares Jimmy McNelis, the founder of Web3 tech firm nameless, says there are too many NFT projects rushing to market…

Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption
Circle and CYBAVO intend to further promote the adoption of USD Coin and Web3 applications while integrating technology deeply into their core product suite. 165 Total views 25 Total shares Circle, a peer-to-peer financial services firm, has agreed to acquire Cybavo, a digital asset infrastructure platform. The deal will allow Circle to provide "infrastructure as…

NY authorities announce charges related to ‘sham’ crypto recovery firm
The New York County District Attorney seized roughly $14,000 that Coin Dispute Network operators allegedly stole from users.

Why Did Crypto Market Experience a $27 Billion Wipeout? Experts Discuss Factors
On November 15, within a 24-hour span, the valuation of the crypto market fell from $210 billion to $183 billion, by more than $27 billion on a single day.Source: CoinMarketCap.comFueled by the 18 percent drop in the price of Bitcoin Cash (BCH), every major cryptocurrency in the global market started to record intense sell-offs.Bitcoin, which…