sco
Cisco Partners with SingularityNET to Decentralize Artificial Intelligence with Blockchain
Tech conglomerate Cisco and decentralized artificial intelligence (AI) firm SingularityNET have reached a partnership to develop a decentralized Artificial General Intelligence (AGI) project. The ambitious project aims to create more advanced AI technologies that will soon be able to exceed human abilities to learn and perform new tasks.
Snowtrace to End Etherscan-Powered Service by Nov 30
Snowtrace.io, a blockchain explorer for Avalanche C-Chain, will discontinue its Etherscan-powered explorer on November 30, 2023, due to high EaaS service costs. Users are advised to backup data and Ava Labs suggests a better solution transition.
Invesco Puts Blame on U.S. SEC Rules for Decision to Withdraw Bitcoin Futures ETF
Invesco eventually talked about what prompted it to pull out its filing for Bitcoin futures ETF. The firm faulted SEC rules for the disaster.
Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020
Ripple reported an increase in over-the-counter (OTC) sales of its XRP cryptocurrency in the second quarter of 2020, totaling $32.55 million, compared to $1.75 million in Q1 2020.
Vladimir Putin’s Next Presidential Term Will Depend on Blockchain-Powered Constitutional Amendment Voting
Russia’s upcoming e-voting on Vladimir Putin’s Constitutional amendments will be implemented using blockchain technology. Citizens in Moscow will be able to cast their votes online using blockchain-powered e-voting, according to the Moscow government’s official website. Starting on June 5, Moscow citizens can sign up for the upcoming voting scheduled from June 25 to June 30.
Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers
Twitch is now leveraging BitPay’s digital currency processing network to facilitate Bitcoin cryptocurrency payments and has announced a special 10% crypto discount promotion.
IOSCO to Consult on Crypto Regulation
The International Organization of Securities Commissions (IOSCO) plans to launch a consultation for its crypto asset regulation report in Q2 2023. The final recommendations are expected to be published by the end of 2023, with separate workflows dedicated to crypto assets and decentralized finance.
Invesco Partners with Mike Novogratz’s Galaxy Digital to Rollout Suite of Crypto ETFs
Investment management firm, Invesco, is preparing to make crypto ETFs available to investors. The company has partnered with Galaxy Digital Holdings Ltd to expand its existing exchange-traded funds.
Bitcoin Surges Past $28,000 and GBTC Discount Narrows to 17%
Bitcoin's value surged to $28,142 on Binance after Grayscale Investments won a lawsuit against the SEC, converting its Grayscale Bitcoin Trust into an ETF.
Asset Manager Invesco Files for 2 Crypto ETFs in the US
American independent investment management company Invesco Ltd has announced the launch of two Exchange Traded Funds in the U.S.
Google AI and Robotic Systems Forge New Frontier in Material Discovery
Google AI and robotic systems have predicted the stability of nearly 400,000 new substances, accelerating material discovery and synthesis, with implications for clean-energy technologies and other fields.
ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox
Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.
Pablo Escobar’s Drug Runner Yasutaka Nakamoto "Could be" Satoshi Nakamoto
Who is Yasutaka Nakamoto? Who is Satoshi Nakamoto? Are they the same person – Olof Gustaffson believes that Yasutaka had the technical knowledge of creating Bitcoin, as he has had extensive experience with microprocessors and semiconductors. Roberto Escobar, brother of the drug kingpin Pablo Escobar has launched a fork of the Bitcoin blockchain, known as “Dietbitcoin,” in 2019, which later on relocated to Ethereum’s ERC-20 standard. Roberto Escobar claimed that he has encountered a US government agent posing as Satoshi Nakamoto, which he reached the conclusion that the US government created Bitcoin. He further believes that the US government will one day crash the market completely by selling all of Nakamoto’s Bitcoins.
GBTC's Discount to NAV Hits New Record Low after SEC Declining its Bitcoin Spot ETF Application
Grayscale’s flagship product GBTC has continued to widen its discount. The discount signals the poor performance of the Bitcoin fund. As a solution, Grayscale wants to convert the GBTC into a spot Bitcoin ETF.
Invesco Mutual Fund Files to the India‘s SEC to Invest in Blockchain Fund
The fund management giant Invesco Mutual Fund has submitted documents to the SEC of India to invest in Invesco Elwood Global Blockchain UCITS Exchange Traded Fund.
Binance's Market Dominance Challenged as OKX and Upbit Gain Ground
The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.
Jackson City in Tennessee Plans to Accept Property Tax Payment in Bitcoin
US Jackson City in Tennessee State intends to permit its residents to pay property tax in Bitcoin, Mayor Scott Conger reveals.
Russian Blockchain E-Voter Identities Can be Exposed Through Vulnerability
On the final day of Russia’s vote on the proposed constitutional amendments—a vulnerability in the blockchain-based system that allows user’s votes to be decrypted has been exposed by Russian media.
Bitcoin Crowned ‘Most Viewed Asset in the US’ Last Month, Along with Tesla Stock
This week, Bitcoin surged in the market again, recording new highs that have not been seen of the digital asset since June of last year.
Bitwise CIO Matt Hougan Discusses Amended Spot Bitcoin ETF Application
Matt Hougan, CIO of Bitwise, used a Twitter thread to elaborate on the firm's amended spot Bitcoin ETF application. He emphasized the need to prove that the CME bitcoin futures market is a "regulated market of significant size" for surveillance purposes and highlighted Bitwise's history of original research in their ETF filings.
AI's 2024 Outlook: Insights from Germanidis, Hooker, Liang, Luccioni, Moiloa, and Scott
Batch Issue 229 envisions AI's 2024 vision, emphasizing inclusive, transparent, and ethical development, focusing on multimodal models, real-time interactivity, language gap, transparency, governance, and human contributions.
Report: OKX Ventures Boosts Ecosystem with Investments in Aark Digital, dappOS, and 0xScope
OKX Ventures reveals its September investments in Aark Digital, dappOS, and 0xScope, aimed at bolstering the crypto ecosystem covering Layer2 Derivatives, operating protocol, and knowledge graph protocol. These strategic investments are reflective of OKX Ventures’ continuous endeavor to fuel innovation amidst a rapidly evolving crypto landscape.
G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence
According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.
IOSCO Releases Landmark Policy Recommendations for Crypto and Digital Asset Markets
The International Organization of Securities Commissions (IOSCO), a leading international body of securities regulators, recently published an influential report titled 'Policy Recommendations for Crypto and Digital Asset Markets Consultation Report.'
Russia Mulling the Idea to Build a Crypto Platform on the Moscow Stock Exchange
Russian lawmakers are mulling the idea that the government could create a cryptocurrency trading platform that will be an offshoot of the Moscow Stock Exchange.
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.
British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food
Nigel Wright, a 45-year-old sheep farmer from Lincolnshire, England, has been accused of trying to extort Bitcoin worth £1.4 million, approximately $1.8 million, from retail giant Tesco. He made this blackmail to reveal the Tesco stores he had planted the contaminated baby food.
Russia will build a crypto exchange
Russian politicians are amending cryptocurrency laws. Finance Ministry and Central Bank of Russia apparently back the endeavor. Russian currency restrictions and laws wouldn't apply, but transactions would be reported to the tax department.
China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes
China’s top digital bank WeBank has announced its partnership with Singaporean government-backed OpenNodes. This partnership will allow China’s FISCO BCOS blockchain platform to be brought to Singaporean academics for innovation and new initiatives. FISCO BCOS was deemed to be China’s version of Hyperledger Fabric when it was launched in 2018. The Financial Blockchain Shenzhen Consortium (FISCO) is backed by more than 100 Chinese organizations, including Huawei, Tencent, JD Finance, and WeBank, which is partly backed by Tencent. Developed by FISCO, the enterprise blockchain protocol was the first blockchain to be supported by China’s Blockchain Service Network.
US-Based Invesco Investment Firm Launches Physical Bitcoin ETP In Europe
Invesco has finally launched a physical Bitcoin exchange-traded product in Europe, just after a few weeks of withdrawing a filing for a Bitcoin future exchange-traded fund in the US.
Vitalik Buterin Analyzes Ethereum's Layer 2 Solutions
On October 31, 2023, Vitalik Buterin discussed Ethereum Layer 2 ecosystem, highlighting trade-offs between Rollups, Validiums, and Disconnected Systems, securing and scalability, pre-confirmations, trustless Ethereum interactions, and potential chain transformation into Validium.
NFA issues new rule for digital asset commodities
The National Futures Association has issued a new compliance rule to address fraud and misconduct by its over 100 members involved in digital asset commodities. The new rule will take effect on May 31 and applies only to Bitcoin and Ether.
SEC Delays Decision on Invesco-Galaxy Digital's Ether ETF
The SEC has extended the review period for Invesco and Galaxy Digital's Ether ETF, potentially extending it for up to 240 days, allowing for public commentary.
Kraken Shuts Down San Francisco-based HQ, Blaming for Local Safety
Kraken, the first cryptocurrency exchange to become a bank in the U.S., has shut down its headquarters in San Francisco on grounds, that blaming local safety is hard to run a business.
Mysten Labs of Sui Blockchain Hacked on Discord
Mysten Labs has confirmed that the contents stored in its Discord server has been hacked.
GPT-4 AI Chatbot Scores High on Tests
The latest version of AI chatbot GPT-4 has achieved high scores on high school and law school tests, including the LSAT and Uniform Bar Exam. GPT-4 also scored well on SAT and AP exams in various subjects.
SEC Delays Decision on Invesco and Galaxy Digital's Ether ETF
The SEC extends the review period for the Invesco and Galaxy Digital's Ether ETF until February 6, 2024, signaling continued caution in cryptocurrency product approvals.
JPMorgan Develops AI Tool for Federal Reserve Analysis
JPMorgan has created an AI tool using a ChatGPT-based language model to analyze Federal Reserve statements and speeches to detect trading signals. The tool assigns a Hawk-Dove Score to Fed policy signals and can predict changes in central bank tightening. The bank has reportedly found the preliminary applications of the tool to be encouraging.
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.
PreScouter Research: Blockchain Adoption in Life Sciences Wanting
According to a report by PreScouter, a research company that assists business leaders make better corporate and product development decisions, the mindset of leadership in the life sciences sector is hindering blockchain adoption.
Binance Pay Launches March Promotions with ACH Rewards and Discounts
Binance Pay announces March promotions offering up to 5,070 ACH tokens in rewards and up to 50% discounts for users spending on their platform.
Cambridge Report: 77% of Enterprise Blockchains Are Not 'Truly Transformational'
Following on from its initial 2017 Global Blockchain Benchmarking Study, the new study underlines the significant changes in the industry landscape since the initial version. According to the findings, the new report states, “Two years ago, the industry landscape was mostly dominated by half-hearted experiments and short-lived proofs-of-concept – often announced with great fanfare and publicity – the hype has gradually given way to genuine development of sustainable blockchain networks that are increasingly being deployed in production environments.”
Fake Arbitrum Airdrop Scam Circulated on Discord
Hackers dropped a phishing link into Arbitrum's Discord server, offering the opportunity to re-claim additional stake in Arbitrum DAO Governance. The link prompted unsuspecting victims to enter personal information, leading to a potential scam. Investors are advised against interacting with the announcement until further clarification from Arbitrum.
Coinbase's Base Bootcamp Launches to Address Onchain Developer Shortage
Base, an Ethereum layer-2 network, has announced the launch of Base Bootcamp, an eight-week, cohort-based program aimed at transforming experienced software developers into smart contract developers. The initiative comes as the blockchain industry faces a significant talent gap, with fewer than 30,000 onchain developers compared to nearly 30 million traditional software developers.
United States DoJ Files to Freeze Assets of OneCoin Money Launderer and Recoup $400 Million
The United States Department of Justice has filed to freeze the assets of OneCoin Money Launderer Mark Scott, and Recoup $400 Million.
SEC Regrets Missteps in Debt Box Case: A Lesson in Legal Accountability
The SEC's acknowledgement of errors in the Debt Box case highlights the significance of accuracy and candor in legal proceedings, impacting regulatory practices in the cryptocurrency sector.
Blockchain.com Signs Dallas Cowboys quarterback Dak Prescott as Brand Ambassador
Cryptocurrency exchange Blockchain.com has announced that it has entered into a multi-year partnership with Dallas Cowboys quarterback Dak Prescott of the National Football League.
Ethereum Foundation's 1.7K ETH Sale Signals Potential Price Downturn
The Ethereum Foundation's sale of 1,700 ETH, coupled with pessimistic views from a crypto trading KOL and Mike Alfred, has fueled concerns about Ethereum's financial outlook. These developments may signal a potential downturn in ETH prices.
Arbitrum Discord Server Hacked for Phishing Attack
Hackers dropped a phishing link on Arbitrum's official Discord server, prompting users to enter personal information. The link misspelled the name of the platform as "Arbtirum." Investors are advised to be cautious of unrealistic claims and deceptions.
Guggenheim's Scott Minerd Foresees $8,000 Bottom for Bitcoin
Scott Minerd, a prominent market analyst with Guggenheim Partners is not discounting further drop in the price of Bitcoin (BTC) as the bear market rages on
LinksDAO and Spey Bay Golf Club
"LinksDAO" may acquire a $900,000 Scottish golf course. Voting closes on Feb. 22 at 12pm ET, with 88% of voters supporting the acquisition.
Binance Sued for Cashing Out Illicit Hacked Funds Worth More Than $9 Million
Binance has been taken to court by Fisco, a Japanese crypto exchange, for allegedly facilitating the liquidation of at least $9 million in crypto after the latter was hacked in 2018.
SlowMist Report: 10 Crypto Incidents Unveiled
The SlowMist Weekly Security Report (Oct 1 - Oct 7, 2023) underscores ten security incidents in the crypto realm, with Stars Arena suffering the heaviest loss of $3 million. From DNS hijacking to Discord hacks, the report highlights the financial repercussions and urges the community to adopt stringent security measures.
SSV Network Discord Compromise Resolved: Channel Back to Normal and Under Control
SSV Network, a prominent Ethereum staking provider, has confirmed a Discord channel breach, warning its community not to click on fraudulent links, underscoring the need for robust security measures and user awareness.
Bored Ape Yacht Club NFT Discord Compromised Again with 200 ETH Carted Away
The Discord server of the iconic Non-Fungible Token (NFT) project, Bored Ape Yacht Club (BAYC) has been exploited again as criminals gain access to the manager’s profile to post fake mint links
Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021
Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.