US Treasury strategy would tighten virtual asset regs, increase use of AI

Dennis Porter said that the government should give $10,000 worth of Bitcoin to debtors and lock it for 10 years. 519 Total views 15 Total shares Following United States President Joe Biden's announcement of a student loan forgiveness plan that aims to cancel the debt of up to $20,000 for millions of Americans, a Bitcoin…

Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets. 124 Total views 30 Total shares Last week brought several significant international developments in regulation. Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the…

Two memecoins, Dogecoin, with a market cap of $23.8 billion, and new entrant Shiba Inu are currently in the top 10 crypto rankings.

Convolutional neural networks are used in computer vision tasks, which employ convolutional layers to extract features from input data. Convolutional neural networks (CNNs) are a class of deep neural networks commonly used in computer vision tasks such as image and video recognition, object detection and image segmentation.  Neural networks are machine learning models consisting of…

Opposition continues to grow against implementation of the controversial Programmatic Proof-of-Work (ProgPoW) proposal in the Ethereum community.ProgPoW is an ASIC-resistant PoW algorithm meant to replace ETHhash, the current hashing algorithm for the platform. First mooted two years ago, it suddenly reemerged as a concrete plan set for the middle of this year following a call…

JPMorgan Chase CEO Jamie Dimon said that he does not think that cryptocurrency projects pose an existential threat to JPMorgan's core business. During an interview with Yahoo Finance on June 27, Dimon discussed crypto’s potential impact on the existing banking system:"We move $6 trillion a day around the world. It is very cheap, very secure, it…

As a result of the system bug, a total of 42 NFTs were burned in the course of 30 transactions. 888 Total views 7 Total shares Reports have emerged that a bug on OpenSea's marketplace has deleted user-owned NFTs worth 28.44 Ether (ETH), nearly $100,000 at the time of writing.The information was revealed online by…

Even the most stalwart crypto supporters could see why the Securities and Exchange Commission might target the crypto industry for some enforcement. Events of the past year — from the failure of Three Arrows Capital to the fraud at FTX — were bound to bring some scrutiny, and the industry has always been too hospitable to blatant…