Why Pierre Poilievre may not be Canada’s crypto savior
Canada’s potential future PM has endorsed crypto in the past, but industry executives warn it may harm his upcoming campaign.
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Treasury Secretary nominee says crypto has potential to improve the financial system
Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.” 1761 Total views 11 Total shares U.S. President Joe Biden's pick for Treasury Secretary Janet Yellen may see more benefits to cryptocurrency than her previous testimony indicated. After a virtual hearing of the U.S. Senate Finance Committee held on Tuesday,…
Coinbase Custody and Bison Trails to Lobby Staking Adoption
Coinbase Custody and Bison Trails have joined the ranks of the Proof of Stake Alliance (POSA), a Jan. 30 press release announced. Together with the alliance, they will advocate for the adoption of clear regulations on staking proceeds, as well as other development initiatives.The Proof of Stake Alliance is an advocacy group founded in 2019…
$2M Crypto Scam Allegedly Funded Man’s Lavish Lifestyle
A trust has sued businessman, Brock Flagstad, over allegedly misappropriating over $2 million in funds that were purportedly designated for cryptocurrency trading.Despite Flagstad soliciting the funds for the purpose of digital asset trading, the James Streibich Revocable Trust accuses the businessman of siphoning money from the investment to fuel an exorbitant lifestyle involving private jets…
Lightning Network Dev Announces Alpha Version of Node Monitoring Tool
The Lightning Network, a second-layer blockchain protocol designed to provide high-speed transactions for Bitcoin and other networks, has a new node monitoring tool.According to an official blog post, written by software developer Valentine Wallace on July 24, Lightning Labs has released an open source “drop-in, dockerized monitoring solution” for alpha testing called lndmon.One of the…
China’s Baidu and other tech companies release ChatGPT-like AI chatbots
Multiple Chinese tech companies launched their own ChatGPT-like AI chatbots for mass market use two weeks after China’s AI regulations came into force, which requires prior government approval. 98 Total views 1 Total shares Four China-based tech companies launched their own artificial intelligence (AI) chatbots on Aug. 30 for public use after receiving approval from
Communist Party of China Releases Primer on Blockchain Technology
The Communist Party of China (CPC) has recently released a primer on blockchain technology and its possible applications, according to an official press release on the CPC website Aug. 13. According to the statement, the book by China’s Communist Party provides a scientific description of key blockchain features, its origin, future application scenarios, as well…