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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Star Girl’s one million active users go with the Flow blockchain
After inking deals to bring third-party games and stablecoins onto the Flow blockchain, Dapper Labs has announced two related sales for the FLOW token. Dapper Labs is continuing to expand partnerships with third-parties for its Flow blockchain, with Animoca Labs set to launch two crypto-powered games on Flow.On September 22, blockchain gaming firm Animoca Brands…
JPMorgan Chase Analysts: Bitcoin Price Could Sink Even Further, Crypto Values Unproven
Analysts at JPMorgan Chase have predicted that Bitcoin (BTC) could fall below $1,260, while banks will not benefit from blockchain for at least three to five years, Reuters reported on Jan. 24.According to Reuters, analysts from the major global investment bank think that the true value of cryptos is still unproven, and that they only…
Bitcoin Extends Price Anniversary Rally to Hit $3,800 as Altcoins Surge Higher
Wednesday, Dec. 19 — Cryptocurrency markets continue a fresh rally with Bitcoin (BTC) touching $3,800 and leading altcoins to claw back their latest losses.Market visualization from Coin360Data from Cointelegraph’s own price index, CoinMarketCap and Coin360 confirms the extended rebound, which began late Monday and continued through Tuesday.After a slight correction, almost all of the top…
Head of SEC Enforcement Dept. for Cryptocurrency, Cyber Security Resigns
The chief of the United States Securities and Exchange Commission (SEC) Division of Enforcement's Cyber Unit, Robert A. Cohen, has stepped down from his role at the commission.According to an official announcement by the SEC, Cohen served as the first chief of the Cyber Unit since its inception in 2017.The Cyber Unit is in charge…
US Banks Get Crypto Custody Nod, but Instant Demand Surge Is Unlikely
The Office of the Comptroller of the Currency, a division of the United States Treasury that supervises banking in the country, on July 22, issued an interpretive letter clarifying that nationally chartered banks are allowed to provide cryptocurrency custody services to their customers extended to storing cryptographic keys associated with the currencies. In its letter, the…
Crypto, Congress and the Commission: What’s next for the ‘Wild West’?
The entire cryptocurrency industry is waking up to a new reality. Politicians and regulators have decided to wade into the space, which had flown mainly under their radar until now. A House committee chair is launching a working group; the Securities and Exchange Commission is seeking new authorities to regulate digital assets as securities; and…
Binance Futures Hosts Trading Competition With Prize Pool Worth $1M
Cryptocurrency exchange Binance announced on March 25 that it will be hosting a trading tournament where participants could compete in teams and win a prize pool of up to $1 million in BNB tokens.According to the announcement, the tournament will take place between April 10 and April 25, and will take place in two ways: daily…
Crypto Wallet Provider BRD Partners With Wyre to Roll Out US Bank Transfer Support
Global mobile crypto wallet provider BRD has announced a partnership with blockchain payments and infrastructure firm Wyre that will enable its United States-based customers to purchase cryptocurrencies using bank transfers. The news was revealed in a press release shared with Cointelegraph on June 13.According to the press release, U.S. customers will be able to purchase…