What the California AI ‘killswitch’ bill means for decentralized AI
The AI industry is split over new legislation in California that would implement a sort of emergency stop in AI systems.
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Indian Government Again Proposes Blanket Ban on Cryptocurrencies
Three months after the Supreme Court ruling to lift the banking ban, India’s Ministry of Finance has proposed to ban cryptocurrencies by law. 1724 Total views 53 Total shares The Indian Ministry of Finance has proposed to legally ban cryptocurrencies within the subcontinent. With this, the Indian crypto community is met with yet another unexpected…

NYSE delists Twitter shares following Elon Musk acquisition
Twitter shareholders would receive $54.2 per share on their holdings as part of the deal, but Musk has said earlier that he might take the company public again in 3-5 years. 979 Total views 22 Total shares Social media giant Twitter was officially acquired by Elon Musk on Oct. 27 in a deal that saw…

Takeaways from Davos: Blockchain is changing the way we fight for sustainability
The COP has also created tools to prevent climate doomsday. Such economic tools as voluntary and compliance carbon markets, carbon credits, green bonds and other green assets tied to positive environmental impact play a crucial role in decarbonization global efforts. However, they are often inaccessible to small and medium-sized companies from developing countries. The main…

Japanese Home Builder Using Blockchain to Simplify Rental Contracts
Japan home builder Sekisui House is utilizing blockchain technology to move it closer to one-stop leases for rental properties. In Japan, one of the biggest home builders is making preparations for its contracts on certain rental homes to go on the blockchain.According to an announcement posted to the company’s website on June 8, Sekisui House…

Global law firm launches ‘high value asset’ token platform ‘TOKO’
DLA Piper’s new tokenization platform has already completed its first asset tokenization with a “piece of fine art.” 535 Total views 7 Total shares TOKO, a new tokenization platform targeting ‘high-value assets’ has launched as a proof-of-concept by tokenizing a piece of fine art. The platform is a collaboration between international law firm DLA Piper — which operates…

US GDP misses goal as Bitcoin price seeks to erase ‘ultra nasty’ 7% dip
A brisk slowdown in GDP fails to offer any direction for crypto markets, with Bitcoin slowly claws back lost ground below $30,000. 662 Total views 11 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) stuck to $29,000 at the April 27 Wall Street open as United States GDP growth…

FDIC moves to eradicate 'reputational risk' category from bank exams
The move follows the US Office of the Comptroller of the Currency ceasing examinations for reputational risk. The US Federal Deposit Insurance Corporation, an independent agency of the federal government, is reportedly moving to stop using the “reputational risk” category as a way to supervise banks. According to a letter sent by the agency’s acting

Omnichain developer LayerZero Labs raises $135M
The protocol, which is still in development, intends to connect dApps across chains using on-chain nodes. 172 Total views 10 Total shares On Wednesday, LayerZero Labs, a firm that develops protocol to enable omnichain decentralized applications, or dApps, to span multiple blockchains, announced that it raised $135 million in its latest funding round. The deal…