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Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans
The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans.
Global Supply Chain Financing: A New Era of Resilience and Diversification
Citi's 2024 report on supply chain financing highlights a shift towards resilience and diversification in global trade, emphasizing technological innovations and the adoption of the China Plus One strategy.
Revive Elvis Presley with AI: A Next-Generation Tribute
Elvis Presley returns in a virtual concert "Elvis Evolution," using AI and holographic technology. The immersive show by Layered Reality recreates his life and music, set to open in London and tour globally.
RISC Zero Announces Open Sourcing of Key Technological Innovations
RISC Zero's latest announcement reinforces open-source development ethos and vision for a secure digital world, transforming zero-knowledge cryptography and blockchain technology, enabling developers to create unprecedented solutions.
Why Did the University of California San Francisco Pay Hackers $1.4 Million in Bitcoin?
The University of California, San Francisco (UCSF), has recently paid criminal hackers $1.14 million to resolve a ransomware attack. The university reportedly paid the amount in 116.4 Bitcoins worth over $1 million.
Iran and Russia Seek A Gold-Backed Stablecoin
Iran and Russia are planning a gold-backed cryptocurrency. In Astrakhan, Russia began accepting Iranian goods, a stablecoin would function. Instead of utilizing dollars, rubles, or rials, the initiative would allow cross-border transactions.
TOFU: How AI Can Forget Your Privacy Data
TOFU, a AI model, tackles the challenge of machine unlearning, aiming to make AI systems forget specific, unwanted data while retaining overall knowledge.
Ripple CTO Advocates for Community Consensus on XRP Ledger's AMM Feature Integration
Ripple's CTO, David Schwartz, stresses the importance of community consensus for integrating the Automated Market Maker (AMM) feature on the XRP Ledger. Through discussions on X (formerly Twitter), Schwartz outlines a methodical approach to addressing concerns and urges validators to support the amendment only after achieving community agreement. The AMM feature, seen as a significant stride in decentralized finance on XRPL, was introduced in rippled version 1.12.0 alongside a potential clawback feature aimed at legal liability protection for developers. Schwartz's engagement exemplifies a balanced approach to evolving XRPL while preserving its decentralized character.
Yuga Labs Comes up With New Condition For Meebits NFT Sales
Following the CryptoPunks acquisition in March, non-fungible token (NFT) giant Yuga Labs will now receive 5% on all secondary sales conducted by Meebits
Harvard's Breakthrough in Quantum Computing: A Leap Towards Error-Correction and Noise Reduction
Harvard researchers have developed a processor using logical qubits for error-correction and noise reduction, a groundbreaking advancement in quantum computing that could potentially revolutionize the field.
Want a Masters in Blockchain? Look no further than the "Blockchain Island"
Malta has been deemed the “Blockchain Island” based on the incredible steps made by the administration. As a result, the University of Malta is offering a Masters of Blockchain and Distributed Ledger Technology with the first enrollment taking place this October.
Vitalik Buterin's Insightful Financial Advice for a Prudent Portfolio
Ethereum co-founder Vitalik Buterin advises on prudent financial strategies, emphasizing diversification, savings for financial safety, a conservative portfolio, and caution against over-leveraging, blending traditional and modern investment insights.
AI : Experts Predict Human-Level Intelligence Within Decades
A 2023 Oxford University survey forecasts a 50% chance of AI surpassing human performance in a decade, potentially reshaping jobs and industries by 2116. This rapid AI development calls for equitable access and bias mitigation.
Cambridge University Partners with 16 Financial Institutions to Develop Crypto Asset Ecosystem
The University of Cambridge has rolled out a multi-year research initiative with 16 key financial institutions like WorldBank, IMF, and MasterCard to shed more light on the rapidly evolving crypto-asset ecosystem.
Tencent, Huawei, and Baidu Executives to Join China’s New National Blockchain Committee to Set Industrial Standards
The Chinese central government has put together a national blockchain committee to work on setting industrial standards. The Ministry of Industry and Information Technology (MIIT) issued a notice on April 13 of the “Public Notice on the Formation of a National Blockchain and Distributed Ledger Technology Standardization Technical Committee.”
Demand for Blockchain Courses Available at 56% of the Top 50 Universities
Cryptocurrency trading platform Coinbase brought to light new research highlighting 56% of the top 50 universities now offering one or more classes on cryptocurrency and blockchain technology.
Stanford University's Percy Liang Spearheads AI Transparency Initiative
Stanford's Foundation Model Transparency Index highlights a significant transparency gap in AI foundation models, highlighting the need for enhanced practices and regulations.
Polkadot's Chinese Arm, PolkaWorld, Pauses Operations Amid Funding Controversies
PolkaWorld, the Chinese community for Polkadot, has halted operations for the first time in four years due to the rejection of its proposal for its #OpenGov initiative. The decentralization of Polkadot's governance and treasury management have led to long-term contributors and organizations leaving the ecosystem. The community has expressed concerns about the ecosystem's lack of appreciation for users, business practices, and marketing, and the decision to temporarily remove the OpenBrush repository from GitHub.
BNB Chain Partners with University of Zurich to Boost Blockchain Education
Binance-backed smart contract platform BNB Chain has announced a new partnership with the Blockchain Center of the University of Zurich for blockchain education.
Enhancing AI's Operational Efficiency: Breakthroughs from Microsoft Research and Peking University
Researchers from Microsoft Research and Peking University have developed groundbreaking methods to enhance LLMs' ability to follow complex instructions and generate high-quality graphic designs, showcasing significant advancements in AI operational efficiency.
Bitcoin Depot Converts Crypto ATMs to Software
Bitcoin Depot, a provider of physical Bitcoin ATMs, has converted all of its 7,000 crypto ATMs and kiosks to a software-based offering powered by BitAccess. This move eliminates the need for annual software licensing fees and comes after Bitcoin Depot acquired majority equity in BitAccess in November 2022. The market for crypto ATMs has seen a decline in installations since July 2022, according to data from Coin ATM Radar.
Stanford's WikiChat Addresses Hallucinations Problem and Surpasses GPT-4 in Accuracy
Stanford's WikiChat elevates AI chatbot accuracy by integrating Wikipedia, addresses the inherent problem of hallucinations, significantly outperforms GPT-4 in benchmark tests.
SEC Chief to Testify Before House Committee on Crypto Oversight
SEC chief Gary Gensler will face questioning from the House Financial Services Committee on April 18 regarding his approach toward the crypto ecosystem. The committee will focus on Gensler's rulemaking and approach toward crypto assets and lay down a regulatory sphere for digital assets.
University of Cambridge: Crypto Asset Users Have Skyrocketed to 101 Million Globally
The University of Cambridge has found that the estimated number of cryptoasset users stands at 101 million worldwide.
DSF Launches to Promote DLT Adoption and Provide Grant Support
The DLT Science Foundation (DSF) has been launched with the aim of promoting the adoption of distributed ledger technology (DLT) and providing grant support to its university network. The network includes prestigious institutions such as the London School of Economics and the University of Zurich, and is supported by the open-source public ledger project Hedera.
Golden Gate University Establishes Blockchain Law for Social Good Center to Aid Regulation
The Golden Gate University School of Law has teamed up with Algorand Foundation to set up Blockchain Law for Social Good Center to eliminate regulatory scepticism.
Yuga Labs Teases 'Otherside' as its Potential Next Project
Yuga Labs has teased its next project called Otherside which is billed to be launched in April.
India Passes Controversial Crypto Tax Laws, Effective on April 1
India’s parliament on Friday passed a law designed to tax digital assets including cryptocurrencies. Users will begin paying capital gains taxes of 30% on crypto transactions from 1st April 2022.
Bentley University Rolls Out Crypto Payment Option for Tuition Fees
To offer students and their families new methods to pay tuition, US-based Bentley University has started accepting crypto payments.
LooksRare Version 2 Upgrades NFT Marketplace
LooksRare, a Non-Fungible Token (NFT) marketplace, has reduced trading fees by 75% with the launch of version 2. The upgrade includes gas-efficient contracts, support for token prices, and custom recipient aggregators. The team has announced that LooksRare version 1 will be discontinued.
ACE Exchange President Michael Wang Arrested
Michael Wang, President of ACE Exchange, was recently arrested on charges of fraud and money laundering, marking a significant event in the cryptocurrency industry.
Australia Surpasses Asia in Crypto ATM Installations
Australia has surpassed Asia in the total number of crypto ATMs installed, with 364 machines as of January 2023. The country has consistently added Bitcoin ATMs over the last eight months and is on a crypto ATM installation spree. Internal documents from Australia’s Department of the Treasury suggest that crypto legislation is on the horizon.
IBM Food Trust: Cutting Through the Complexity of the World’s Food Supply with Blockchain
IBM Food Trust was first launched in August 2017, with 10 Foundation members aiming to use blockchain in food traceability to solve issues in the food supply chain. Prior to the launch, IBM, Walmart and Tsinghua University announced a collaboration to improve the way food is tracked, transported and sold to customers in China. Juniper Research recently announced that IBM Food Trust is one of the leading blockchain players in the food provenance space.
US Treasury Suggests Easier Oversight for Nonbank Financial Institutions
The US Treasury and top financial regulators have proposed new rules to ease the Federal Reserve's designation of nonbank institutions as systemically important. Treasury Secretary Janet Yellen raised concerns over nonbank institutions' lack of supervision and the potential for financial contagion during periods of distress.
Invesco Unveils Metaverse Fund to Tap into £1.4 Trillion Opportunity
Invesco has launched the fund to invest in startups building the metaverse. The fund will invest in large, medium, and small-scale businesses worldwide.
Bitcoin Retreats to Around $30k: Decoding the Technical Indicators and Regulatory Factors
In today's market developments, Bitcoin has retracted to around $30k, weighed down by various technical factors and a series of recent regulatory interventions.
Oxford Study Reveals "Prospective Configuration" - A Novel Brain Learning Principle Surpassing AI
Oxford University and the MRC Brain Network Dynamics Unit have discovered a new principle of brain learning called "prospective configuration," suggesting the human brain has a superior learning mechanism compared to AI systems. Future research aims to develop learning algorithms.
The University of Wyoming Commits $4M to a Staking Program
The University of Wyoming has reportedly committed funds to a staking pool for three different cryptocurrencies.
SEC Chair Gensler Faces Congressional Pressure Over EU Coordination and Lack of Transparency
The House Committee on Oversight and Accountability has intensified scrutiny on SEC Chair Gary Gensler over the SEC's coordination with the EU on legislative matters and a perceived lack of transparency. The discord, highlighted in a letter dated October 12, 2023, follows a pattern of communication deadlock between the SEC and Congress, with implications on broader legislative and regulatory frameworks. The Committee expects more forthright engagement from the SEC by October 19, 2023, threatening compulsory processes for compliance.
Just In: US PCE Price Index Rises, Exceeding Core Forecasts; Bitcoin and Crypto Markets Show Mixed Reactions
The U.S. PCE and Core PCE Price Index have both increased by 3.3% and 4.200004%, respectively, indicating persistent inflationary pressures. Cryptocurrency markets show moderate fluctuations, with meme coins showing resilience. Federal Reserve response will significantly impact economics.
SEC Charges FTX Auditor Prager Metis Over Independence Violations
The SEC has charged Prager Metis with violations of auditor independence laws, drawing attention due to its previous engagement with cryptocurrency exchange FTX, which filed for bankruptcy in 2022. The legal action emphasizes the crucial role of auditor independence in ensuring financial transparency and investor protection.
Ethereum Team Leader Critiques University's Apathy Towards Crypto Education
Ethereum head, Péter Szilágyi, expressed frustration over his alma mater's lack of interest in blockchain technology, contrasting with global demand for blockchain education driven by major corporations and student interests.
MakerDAO Increases US Treasury Bond Holdings by 150%
MakerDAO passed a proposal to increase its US Treasury bond holdings by 150% to $1.25 billion. The move aims to diversify its liquid assets and boost revenue stream through a net annualized yield of 4.6% to 4.5%. The bonds will be purchased with equal maturities over a six-month period.
Buying Land in Metaverse is "Dumbest Sh*t Ever", Says Billionaire Mark Cuban
Mark Cuban may be a crypto fan and Bored Ape Yacht Club (BAYC) owner, but he sure is a big critic of metaverse land sales that is making the rounds today.
Yuga Labs Raises $450m to Build Media Empire Around NFTs: Report
Yuga Labs, the blockchain startup behind the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) project has raised the sum of $450 million in funding from investors led by Andreessen Horowitz (a16z).
UK Government Wants FCA Oversight on Crypto Investment Advertising
The UK Government has proposed that crypto asset promotions should fall under the scope of the Financial Conduct Authority’s existing oversight and does not require a whole new framework just for digital assets.
Researchers of Japan’s Blockchain-Based Digital Court Face Backlash Due to its Decentralized and Unregulated Nature
Researchers in Japan have been looking into a blockchain-based mechanism to settle legal disputes in a “digital court,” aiming to perform legal actions with a more cost-efficient legal process.
British University Reveals Blockchain-Enabled Digital Certificate to Water Down COVID-19 Dangers Across Supply Chains
Birmingham City University (BCU) in the United Kingdom is testing the waters with a blockchain-based digital safety certificate to safeguard consumers and suppliers from risks triggered by coronavirus (COVID-19). The digital certificate dubbed the Coronavirus Clearance Certificate (CCC), will be instrumental in reassuring stakeholders across supply chains that goods offered are risk-free.
FreeInit: A Groundbreaking Approach to Enhance Video Generation by Nanyang Technological University
FreeInit, developed by Nanyang Technological University, enhances video diffusion models by iteratively refining noise initialization, significantly improving temporal consistency in video generation.
Taiwan's Legislature Considers Virtual Asset Management Bill to Protect Consumers
The Taiwanese Legislature is deliberating on a new Virtual Asset Management Bill aimed at fostering better consumer protection and industry oversight. The bill, seen as moderate, outlines pragmatic mandates for VASPs while leaving room for further regulatory fine-tuning, marking a significant step in Taiwan’s evolving digital asset regulatory landscape.
University of Utah Paid Out $450k to Ransomware Gang to Prevent Student Data Leak
The University of Utah paid a hefty sum of $457,059.24 to a ransomware gang to prevent compromised student data from being leaked online.
CryptoPunks Now the Most Trading NFT Collection amid Rising Floor Price
This rising trend has, in particular, favoured the CryptoPunks NFT Collection which is now ranked number 1 of the most traded of all collections.
Binance Expands Convert Service with Japanese Yen Integration
Binance has introduced the Japanese Yen (JPY) to its Convert platform, allowing users to trade JPY with BTC, USDT, and other tokens without fees.
"Tim Draper's Bitcoin Diversification Advice"
Venture capitalist Tim Draper advises business founders to diversify their cash holdings by keeping at least two payrolls worth of cash in Bitcoin or alternative cryptocurrencies, along with other recommendations, in response to the uncertainty created by the collapse of Silicon Valley Bank.
Bittrex Global to End Trading on Dec 4, 2023
Bittrex Global, a Liechtenstein-based cryptocurrency exchange, will cease operations on December 4, 2023, following regulatory challenges and legal proceedings, requiring customers to convert U.S. dollar holdings.
Could Blockchain Increase Diversity in the Way Films are Nominated for the Academy Awards?
The film awards season has finally passed for the year and a look back over the last few weeks, unfortunately, uncovers lingering problems with diversity among the nominations for both the BAFTAs and the Academy Awards (Oscars). Could blockchain provide a solution?
Cardano Integrated into University of Zurich’s 2021 Blockchain Curriculum
The University of Zurich has announced that a course on Cardano will be integrated into their 2021 Blockchain Curriculum.
A Guide to Minimizing Risk in Crypto Trading
Risk management in crypto trading, shaped by market volatility, involves setting stop-losses, proper position sizing, using take-profit orders, and diversifying assets. Continuous learning is vital.
Congressional Memo Challenges SEC's SAB 121
Congress members question the enforceability of the Securities and Exchange Commission's Staff Accounting Bulletin 121, arguing it deviates from standard accounting practices, misrepresents custodians' responsibilities, and increases consumer risk.
Top Indonesian Football Club Enters the Blockchain Gaming Arena, Partnering with LGG
To offer its fans new experiences in the blockchain gaming sphere, two-time Indonesian football league champion Persib Bandung has partnered with Liberty Gaming Guild (LGG).
Sotheby Alters Art Sale, Novice Player Makes Staggering Profit
Sotheby's has announced a new digital art sale, "Glitch: Beyond Binary," with a focus on diversity after criticism. Meanwhile, a newcomer to the game Illuvium: Beyond has made a huge profit by finding a rare character.
PARSIQ Integrates Chainlink Oracle Price Feeds to Trigger Off-Chain Actions and Trading Decisions
Blockchain monitoring and automation platform PARSIQ has integrated Chainlink price oracles to trigger off-chain actions and trading decisions.
University of Sussex Researchers Say Blatant Market Manipulation is a Disaster to Traditional Safe Havens
The University of Sussex Business School recently published an analysis indicating that widespread market manipulation is a serious problem that regulators should deal with so that to confront false prices and avoid distorting the minds of investors. According to the analysis report, the COVID-19 pandemic has created huge volatility in global financial markets. But as one might expect, prices of safe-haven assets like Bitcoin and gold are not surging, a problem that is caused by large-scale and intense manipulation.
Wharton Accepts Cryptos as Tuition Fees for Blockchain Courses
The Wharton School officially accepts crypto as a payment method for blockchain courses through Coinbase exchange.
Yuga Labs' Otherdeeds Sold Out as the Startup Cashes in Over $320M
Yuga Labs, the blockchain startup in charge of the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection and ecosystem has made history yet again with the successful sales of Otherdeeds, the gateway to the Otherside metaverse announced back in March
HKPF and SFC Form Joint Working Group to Tackle Illicit Activities in VATPs
The HKPF and SFC have formed a joint working group to enhance monitoring and investigation of illegal activities related to VATPs. The group aims to facilitate information sharing, assess risks, and collaborate on investigations. The move comes amid ongoing investigations into the unlicensed operations of the Dubai-based JPEX exchange.
XRP Tanks Below Major Support Levels as Cardano (ADA) Climbs Higher
A deep dive into XRP and Cardano price actions for today - While XRP is down, ADA is seeing gains.
Maker (MKR), Compound (COMP), and Aave (AAVE) Price Analysis – March 11,2021
Maker, Compound, and Aave have dropped in value in the past 24 hours, with a decrease of 3.35%, 3,75%, and 6.34% respectively.
Polkadot (DOT) Price Analysis – March 23,2021
The bears occupy the main market, pushing the DOT/USD to the support line below the triangle line. What does this mean?
Ethereum Retests Support as ETH Whales Remain Patient While Altcoin Market Slumps
In the past 24 hours, the cryptocurrency market has faced a steep correction, with Bitcoin (BTC) losing over 3%, and Ethereum (ETH) dropping over 5%.
Tezos Price Scoop: XTZ/BTC Bounces from Support as Indicators Show Exhausting Selling Pressure
On Tuesday, during opening trading hours, Tezos's price opened at 1898 satoshis, trading later at a gain of +3.96% at 1970 satoshis. Around 279 million worth of Tezos tokens exchanged hands of the volume during the trading session. Tezos is trading between a daily range of 1891 satoshis to 1985 satoshis.
Wall Street Indices End The Week With Gains Seen On BTC, ETH and XRP
Wall Street Indices including the Dow Jones, S&P 500, and the Nasdaq Composite closed higher on Friday alongside BTC, ETH, and XRP. Technical analysis was used.
Ethereum’s Price Surges to 31-Month High as ETH Whales Continue to Accumulate, Is $800 Next?
Ethereum has recently been trading steadily above $700, and even surged above $750, hitting a 31-month high.
Bitcoin Price Smashes $35,000 to New ATH, What's Next for the BTC Price?
Bitcoin price has surged to a new all-time high again on Jan. 6 with crypto bulls pushing BTC above $35,000 after days of consolidation in the low $30,000 range.
Bitcoin is in a Temporary Low, Crypto Whales Buy the Dip
Bitcoin is most likely in a temporary low in but BTC whales are taking advantage of the situation by accumulating more coins.
Binance Coin (BNB) and Monero (XMR) Price Analysis - March 11,2021
BNB may continue to rise and break through the resistance level of $300. As for XMR, the short sides are still dominating the market.
Litecoin (LTC) Price Analysis – March 18, 2021
The price of Litecoin (LTC) successfully rebounded above $200, but it seems that it is currently suffering from strong selling pressure.
Polkadot (DOT) Price Analysis – March 16,2021
Polkadot (DOT) is currently the sixth-leading cryptocurrency with a market cap of around $31,766,980,598 and trading at $34.37 at the time of writing.