VCs dump $125M into new AI music platform — Can we all become beat makers?
Will we all soon be able to produce high-quality beats? VC investors seem to think this is the case as millions are poured into new AI music creation platform Suno.
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Balancer blames ‘social engineering attack’ on DNS provider for website hijack
Blockchain security firms SlowMist and CertiK also believe the crypto wallet drainer Angel Drainer was involved in the estimated $238,000 exploit. 37 Total views 2 Total shares The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider was what led to its website’s frontend being compromised
Avocado Guild and TPG Telecom partnership lets players earn mobile data with tokens
TPG Telecom will allow users to convert and redeem AVO DAO tokens from Avocado Guild to provide free internet services. 623 Total views 21 Total shares TPG Telecom and the Avocado Guild, a blockchain gaming business focused on the play-to-earn (P2E) model, have teamed up to allow customers to exchange their AVO DAO tokens for…
Blockchain and Brexit: How Adoption Could Help With UK–EU Relations
Blockchain has one new supporter: the UK finance minister Philip Hammond. Quizzed at the Conservative Party conference on how the UK government might solve Brexit’s UK-Irish border issue, he suggested that blockchain technology may be a solution."There is technology becoming available […] I don’t claim to be an expert on it but the most obvious…
70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near
With less than a week to go before El Salvador's Bitcoin Law takes effect on Sept. 7, a majority of citizens surveyed are opposed to government-mandated cryptocurrency adoption.A survey conducted by the local Central American University’s (UCA) Institute of Public Opinion has found that 70% of Salvadorans believe President Nayib Bukele’s Bitcoin Law, recognizing the…
Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens
The feedback was given in response to a proposed ban by the Monetary Authority of Singapore published back in October. 332 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTA crypto lobbying group based in Singapore has voiced its opposition to the proposal from the central bank to prohibit…
Indian Government to Issue National Blockchain Strategy
The Indian government is working on a national blockchain strategy in order to expand the technology’s adoption in the country. As the India Times reported on Nov. 27, India’s Ministry of Electronics and Information Technology (MeitY) said that it recognizes the potential of blockchain technology and the need for the development of a shared infrastructure to…
China turns up pace on CBDC release, tests infrastructure prior to adoption
The COVID-19 crisis has done little to dampen China’s interest in becoming the first major economy to distribute a central bank digital currency. Quite the contrary, its digital currency/electronic payment project appears to be picking up speed. In the Shenzhen region, for example, 100,000 local citizens this month received for free a total of $31 million…
SEC revises $22M punishment against LBRY, seeks $111K instead
The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount. 460 Total views 3 Total shares The United States securities regulator is seeking to revise its $22 million punishment against decentralized content platform LBRY, acknowledging it is unlikely to be able to…