Trump announces $500B AI infrastructure venture ‘Stargate’
The Stargate project will be led by OpenAI, SoftBank and Oracle, while Microsoft and Nvidia will be key initial technology partners.
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Bitcoin price erases FOMC gains as US dollar surges on Q2 GDP print
Bitcoin (BTC) ate away at the prior day’s gains on July 27 as United States macroeconomic data produced a muted reaction.BTC/USD 1-hour chart. Source: TradingViewAnalyst warns of BTC price dipData from Cointelegraph Markets Pro and TradingView showed BTC price strength waning after a brief push to $29,680 into the daily close.The largest cryptocurrency had offered…
US Air Force files trademark application for ‘SpaceVerse’ initiative
SpaceVerse was defined as “a secure digital metaverse that converges terrestrial and space physical and digital realities" as well as provides a simulated environment for training. 447 Total views 25 Total shares The United States Air Force has filed a trademark application hinting at the military branch potentially expanding into the metaverse.According to a Thursday…
Crypto Biz: Amid crypto carnage, Goldman and Barclays fill their bags, May 12-18, 2022
Some of the world's biggest banks are increasing their exposure to the digital asset market despite the recent market volatility. Is this a sign of things to come? 204 Total views 5 Total shares Has there ever been a worse time to be in crypto? It depends on how you look at it. Amid Terra’s…
International Charity Oxfam Formally Launches Blockchain Rice Tracker in Cambodia
International charity Oxfam officially launched its BlocRice blockchain supply chain solution for Cambodian rice Nov. 15, Cambodian daily media outlet Khmer Times reports.BlocRice, which aims to use smart contracts to provide transparency and security between rice growers and purchasers in the Netherlands, has been under development and should expand to 5,000 farms by 2022, the…
Hacked crypto exchange KuCoin resumes crypto deposits and withdrawals
KuCoin is partially restoring crypto withdrawals after a major hack. 916 Total views 19 Total shares The KuCoin cryptocurrency exchange is partly restoring deposits and withdrawals following a major hack.As KuCoin officially announced on Oct. 7, the platform has completed the wallet security upgrade for major cryptos like Bitcoin (BTC), Ether (ETH), and Tether (USDT).Following…
23-year-old Australian buys $314k property via planned crypto investments
Loi Nguyen started his journey as an investor back in 2017 by purchasing a few hundred dollars worth of BTC, ETH and traditional stocks. In November 2021, his crypto investments outweighed his entire stock portfolio. 284 Total views 17 Total shares A young resident from Queensland, Australia played the long game of accumulating Bitcoin (BTC)…
MakerDAO votes to keep USDC as primary collateral, rejects ‘diversification’ plan
MakerDAO, the decentralized autonomous organization (DAO) that governs the DAI stablecoin, has voted overwhelmingly to keep USD Coin (USDC) as the primary collateral for DAI. An alternative proposal to “diversify” collateral into Gemini U.S. Dollar (GUSD) and U.S. Dollar Paxos (USDP) has been rejected in a 20% to 79% vote, according to the proposal’s official…
Facebook and Swiss Regulators: A Continuing Saga
Swiss privacy regulators have said that social media titan Facebook is lagging in its response to requests for more liaison.An unanswered letterAs Cointelegraph reported, a Reuters report published on July 23 revealed that the Swiss Federal Data Protection and Information Commissioner (FDPIC) sent a letter to the Libra Association on July 17 but has not…