USDT on TON chain surpasses $1 billion: Token Terminal
Tether’s stablecoin continues to dominate rivals, including Circe’s U.S. Dollar Coin (USDC).
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How senators plan on regulating AI: Law Decoded, Sept. 4–11
Last week, two United States senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation. The framework put forward by Senators Richard Blumenthal and Josh Hawley advocates for mandatory licensing for AI firms and makes it clear that technology liability protections will not shield these companies from legal action.The framework proposes creating a licensing system

BTC price hits 3-week lows on US CPI as Bitcoin liquidates $57M
Bitcoin (BTC) delivered classic volatility on Oct. 13 as United States economic data shook markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader sticks by $21,000 targetData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it presented some textbook moves to accompany the U.S. Consumer Price Index (CPI) print for September.Coming in at 0.1% above expectations…

Are Banks and the Capital Markets Ready to Embrace Blockchain?
Very few banks, or even countries, emerged unscathed from the rubble of the 2008 global financial crisis. The aftermath of the worldwide recession coincided with profound technological innovation and breakthroughs that have forced banks and other financial service providers to reconsider their approach to doing business. New regulation and investor demands have forced banks to…

3 interesting NFTs launching this week: Cool Pets, Ethaliens and KaraFuru
With crypto prices down badly, NFTs appear to be on a discount which is making it hard for many collectors to resist a good sale. Notable projects like World of Women have recorded their largest sale at 260 Ether ($627,755 at current value.)In contrast, the total volume sales of Cool Cats decreased by nearly 30%…

CFTC partners up to warn on crypto pig butchering scams
Multiple US federal agencies have come together to distribute an infographic on crypto pig butchering to help Americans recognize and avoid the scam.

Study: Blockchain to Save $450B in Supply Chain Costs in Western Europe
The implementation of blockchain technology in supply chains could save businesses in Western Europe $450 billion in logistics-related costs.According to a new study from Cointelegraph Consulting and Swiss enterprise blockchain firm Insolar, blockchain technology can reduce supply chain-related costs for businesses between 0.4% and 0.8%.While that may sound like a small figure, the sheer volume…

Ernst & Young Report: One Year on, ICOs’ Fate Is ‘Worse Than We Thought’
A new report published Oct. 19 by Big Four auditor Ernst and Young has found that initial coin offerings (ICOs) that raised capital in 2017 have done “little to inspire confidence” one year on.The report, which is dedicated to what EY dubs the “The Class of 2017,” revisits the same projects the firm first analyzed…

Bitcoin sudden pump to $81K annihilates $180M shorts in half a day
About $180 million in short positions have been wiped as Bitcoin hit another new all-time high of $81,358.