U.S. officials seek easier pathways to ban AI exports and keep tech secrets in
Amid the global race to obtain high-level AI models, legislators in the U.S. have unveiled a new bill that would make it easier to ban exports of AI tech to safeguard against mal-intended foreign actors.
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Report: Cryptocurrencies Show Signs of Maturing But Remain Too Risky
Bitcoin (BTC) presented historically low volatility this year, argues the Dec. 2019 SFOX report released on Jan. 8. Coupled with a lower correlation with altcoins, there are emerging signs that the market could start to behave in a more predictable way. However, the cryptocurrency asset class remains disproportionately risky compared to the stock market.In its…
Ethereum ETFs could reach $10B AUM in first year: Sygnum Bank
“When the net flows turn positive and accelerate, this will be a strong driver for the price of Ether,” said Katalin Tischhauser, Head of Investment Research at Sygnum Bank.
Silicon Valley Bank’s downfall has many causes, but crypto isn’t one
Silicon Valley Bank (SVB) boasted over $200 billion in assets and was a lifeline for crypto companies.Notably, it was one of the few institutions offering services to crypto companies in the United States as other banks shied away from the sector, fearing risk and the possibility of a sudden regulatory crackdown. The downfall of SVB,…
Global private bank LGT to open Bitcoin and Ether trading
LGT Bank has partnered with the Swiss crypto bank Seba to offer custody and trading services for Bitcoin and Ether. 453 Total views 14 Total shares LGT Group, a top family-owned private banking and asset management group, is moving into cryptocurrency by launching Bitcoin (BTC) and Ether (ETH) investments at LGT Bank in Liechtenstein.Managing over…
Falling Wedge Breakout Propels Bitcoin Price Above Key Resistance at $9.2K
Bitcoin price closed the CME gap and made a decisive move above the $9K and $9.2K resistance as traders attempt to carve a new path to $10K. 2256 Total views 41 Total shares Within the past few hours Bitcoin (BTC) price managed to press through the $9,200 resistance level to $9,281. While the 2.58% gain…
Chinese Supreme Court Favors Strengthening Cryptocurrency Property Rights
China’s Supreme Court has called to strengthen property laws pertaining to digital currency, network virtual property and data. 919 Total views 4 Total shares The Chinese Supreme Court believes that cryptocurrency property rights should be strengthened.In a document published on July 22, China’s Supreme Court calls for strengthening the protection of property rights pertaining to…
Binance and FTX list Coinbase stock tokens ahead of exchange’s Nasdaq debut
Major exchanges are elbowing for exposure to Coinbase's listing. 1687 Total views 14 Total shares Major global cryptocurrency exchanges including Binance and FTX have announced the listing of Coinbase’s stock token ahead of its direct listing on Nasdaq.According to a Wednesday announcement, Binance will list Coinbase's stock token (COIN) today, allowing its users to trade…
Report on global blockchain ecosystem by CV VC, PwC and Cointelegraph
From enterprise blockchain adoption to the rise of decentralized finance, it seems like the blockchain landscape is constantly evolving in different ways. While impressive, it’s important to understand how blockchain is being applied within various industries. In order to highlight blockchain’s current global impact, a Swiss blockchain investment firm, CV VC, is releasing a new…