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Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government officials in the Ural region of Russia are now expected to declare their savings stored in cryptocurrencies.

Hong Kong Protests Powering Through Bitcoin Adoption

Hong Kong Protests Powering Through Bitcoin Adoption

The Hong Kong protests, which has now entered its 12th week, affected Hong Kong’s economy, including the property market, stock exchange, shop owners, and banks.

Hong Kong Blockchain Startup Bitspark Announces Closure Amid Coronavirus Outbreak and Protests

Hong Kong Blockchain Startup Bitspark Announces Closure Amid Coronavirus Outbreak and Protests

Bitspark, a blockchain remittance startup based in Hong Kong recently announced its abrupt closure, stating internal restructuring issues.

Snowtrace to End Etherscan-Powered Service by Nov 30

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.

Lista (LISTA) Megadrop Is Now Open: Participate with BNB Locked Products or Web3 Quests!

Lista (LISTA) Megadrop Is Now Open: Participate with BNB Locked Products or Web3 Quests!

Binance announces Lista (LISTA) Megadrop with BNB Locked Products or Web3 Quests participation.

Gala Film Unveils 'Film Boosts' with $FILM Token to Enhance Fan Engagement

Gala Film Unveils 'Film Boosts' with $FILM Token to Enhance Fan Engagement

Gala Film introduces 'Film Boosts' with the $FILM token, enabling fans to support and promote their favorite films while unlocking exclusive rewards.

Gala Music: The Platform Transforming Artist Earnings

Gala Music: The Platform Transforming Artist Earnings

Discover how Gala Music leverages blockchain to significantly enhance artist earnings compared to Spotify, providing new revenue streams and deeper fan connections.

Key Tests Confirming Human-Level Artificial General Intelligence (AGI)

Key Tests Confirming Human-Level Artificial General Intelligence (AGI)

Explore the critical tests proposed to confirm the achievement of human-level Artificial General Intelligence (AGI), as detailed by SingularityNET (AGIX).

ElevenLabs Introduces Two Free Regenerations for TTS and STS

ElevenLabs Introduces Two Free Regenerations for TTS and STS

ElevenLabs now offers two free regenerations for Text to Speech (TTS) and Speech to Speech (STS) services, allowing users to tweak voice settings at no extra cost.

SETI Institute Utilizes AI for Real-Time Detection of Fast Radio Bursts

SETI Institute Utilizes AI for Real-Time Detection of Fast Radio Bursts

SETI Institute researchers pioneer the use of AI in real-time detection of fast radio bursts, leveraging NVIDIA's accelerated computing platforms to enhance astronomical data analysis.

Linea Launches Creative Contests with 2.5 ETH Weekly Prizes

Linea Launches Creative Contests with 2.5 ETH Weekly Prizes

Linea introduces a five-week contest inviting users and builders to showcase their onchain creativity, offering a weekly prize pool of 2.5 ETH.

Microsoft Develops Secret AI Chips to Reduce Development Costs

Microsoft Develops Secret AI Chips to Reduce Development Costs

Microsoft has been developing its own AI chips since 2019 to reduce reliance on Nvidia’s GPUs due to rising costs. The project, called “Athena,” is already being tested by Microsoft’s machine-learning staff and OpenAI developers.

Tornado Cash Developer Arrest Fuels Petition and Protests in Amsterdam

Tornado Cash Developer Arrest Fuels Petition and Protests in Amsterdam

Following the crash of Tornado Cash under the sanctions imposed by the US, the protocol's developer, Alex Pertsev, has also been nabbed by authorities in the Netherlands, triggering a new round of protest.

Investors Rally to Support Silicon Valley Bank Amidst Possible Closure

Investors Rally to Support Silicon Valley Bank Amidst Possible Closure

Over 125 venture capitalists and investors, including Sequoia Capital and General Catalyst, have pledged their support for Silicon Valley Bank (SVB) as the 40-year-old banking institution winds down its operations. The investors signed a statement in an effort to cushion the impact of the bank's possible closure and limit the fallout on tech companies that rely on SVB for funding and banking services.

Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization

Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization

In 2024, Scroll plans to make blockchain technology more accessible, secure, and decentralized. The company will reduce operational costs by 50%, integrate data compression techniques, and implement 4844 data blobs. It will also enhance compatibility with Ethereum Improvement Proposals and SHA256 precompile.

Bitget Launches Web3 Fund

Bitget Launches Web3 Fund

Bitget has launched a Web3 Fund to support venture firms and projects globally, with a focus on Asian projects solving real-world problems. Bitget plans to partner with venture capitalists and expand its products and services in 2023.

SushiSwap CEO Proposes New Token Model

SushiSwap CEO Proposes New Token Model

SushiSwap's CEO, Jared Grey, is leading a community proposal to revamp the platform's tokenomics, aiming to improve reward efficiency, recalibrate incentives, and diversify revenue streams.

Majority of American Adults Believe Financial System Favors Powerful Interests, 20% Own Cryptocurrency

Majority of American Adults Believe Financial System Favors Powerful Interests, 20% Own Cryptocurrency

80% of American adults believe the financial system favors those with powerful interests, according to a survey by Coinbase. The survey of over 2,000 American adults also found that 67% of respondents called for a major overhaul of the financial system. Despite recent negative news about cryptocurrency, the survey found that 20% of respondents own cryptocurrency, and a third plan to buy, sell or trade cryptocurrency in the next year.

Tachyum's Prodigy Processors: A Game-Changer for Blockchain in Banking and FinTech

Tachyum's Prodigy Processors: A Game-Changer for Blockchain in Banking and FinTech

Tachyum, a leading tech company, has recently published a paper titled "Credit Unions, Blockchain, CBDC, FinTech and Tachyum Prodigy", which highlights the potential of Prodigy to revolutionize transactional banking and significantly reduce the environmental and financial costs associated with blockchain's energy consumption.

NYDFS to Assess Supervisory Costs from Licensed Crypto Firms

NYDFS to Assess Supervisory Costs from Licensed Crypto Firms

The NYDFS will assess supervisory costs from licensed crypto firms in the state of New York to add top talent to its virtual currency team. This new regulation provides the Department with additional tools and resources to regulate the virtual currency industry.

Lido's Faulty Contract Locks $24 Million in Solana stSOL Tokens

Lido's Faulty Contract Locks $24 Million in Solana stSOL Tokens

A smart contract error has locked $24 million worth of tokenized staked Solana (stSOL) on Lido, following its service discontinuation in October 2023.

TX Debtors Propose Amended Chapter 11 Plan: Cryptocurrency Claims Valued at Bankruptcy Date

TX Debtors Propose Amended Chapter 11 Plan: Cryptocurrency Claims Valued at Bankruptcy Date

FTX's debtors plan to value cryptocurrency claims based on their value at the time of the company's November 2022 bankruptcy, potentially impacting creditors due to market recovery.

Trial between Hermes and NFT Artist Mason Rothschild set to go ahead

Trial between Hermes and NFT Artist Mason Rothschild set to go ahead

Hermès and digital artist Mason Rothschild's lawsuit is a "momentous turning point for Web3 and digital products."

Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry

Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry

Vietnamese scientists are advancing in AlphaGeometry, AI Mathematics, and solving geometry problems using synthetic data, neural language models, symbolic engines, Google DeepMind, and educational AI.

FTX EU Launches Website for Customer Withdrawal Requests

FTX EU Launches Website for Customer Withdrawal Requests

FTX EU has launched a website for European customers to submit withdrawal requests following the global trading platform's collapse and bankruptcy in November 2022. The Cyprus Securities and Exchange Commission reportedly approved the new website domain name, which will only be used to pay back impacted customers and will not offer any products or services.

EBA Opens Consultation on Liquidity Stress Test Guidelines for Crypto Assets

EBA Opens Consultation on Liquidity Stress Test Guidelines for Crypto Assets

The EBA is requesting input on draft guidelines for liquidity stress tests for crypto assets, aiming to improve market resilience and comply with data protection regulations until February 8, 2024.

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

Binance has launched the BounceBit (BB) Megadrop, inviting cryptocurrency enthusiasts to participate by subscribing to BNB Locked Products or completing Web3 Quests. The BB token will be listed on Binance on May 13, 2024, offering various trading pairs and maximizing rewards.

Global Governments Request More Personal Data from Big Tech

Global Governments Request More Personal Data from Big Tech

A new study by Surfshark shows that global government requests for personal user data from Big Tech companies such as Meta, Apple, Google, and Microsoft have been on the rise since 2013. The study reveals that Meta had the most accounts of interest from authorities, while Apple had the fewest. Most requests came from authorities in the United States and Europe and were related to criminal investigations and civil or administrative cases.

U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation

U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation

A group of U.S. Senators has expressed concern over a two-year delay in implementing tax reporting requirements for crypto brokers, urging the Treasury Department and IRS to expedite the process to close the crypto tax gap, provide clarity for taxpayers, and secure billions in lost tax revenue. The delay contradicts the directives of the Infrastructure Investment and Jobs Act and gives leeway to crypto lobbyists opposing the rule.

Solana Co-founder Labels Ethereum 'Bourgeois Digital Tyranny

Solana Co-founder Labels Ethereum 'Bourgeois Digital Tyranny

Solana Labs Co-founder, Anatoly Yakovenko, defended the Solana network's accessibility during a Twitter debate from 1st to 2nd October 2023, responding to criticisms regarding the cost of running nodes. Yakovenko contrasted Solana with Ethereum, advocating for negligible costs in state creation to promote true decentralization, despite rebuttals highlighting Solana's high node operation costs favoring corporations.

Bank of England halts Silicon Valley Bank UK branch operations

Bank of England halts Silicon Valley Bank UK branch operations

The Bank of England has ordered the Silicon Valley Bank's UK branch to halt its operations as it has limited presence and no critical functions supporting the financial system. The bank will be placed into a Bank Insolvency Procedure, and eligible depositors will be paid out by the Financial Services Compensation Scheme up to the protected limit of £85,000, with the remaining assets and liabilities being managed by bank liquidators. UK venture capitalists and a nonprofit organization have expressed concern as several startups and investors have significant exposure to the SVB UK, including prominent blockchain VCs who have over $6 billion in assets at the bank.

Consol Freight CEO talks crypto, fiat investments and protestors at Malta AI and Blockchain Summit

Consol Freight CEO talks crypto, fiat investments and protestors at Malta AI and Blockchain Summit

Ernesto Vila, CEO of Consol Freight, presented at the November 2019 Malta AI and Blockchain Summit where he was tasked with commenting on the statup investor landscape and questioned if the blockchain sector was different from traditional tech.

Grayscale Launches Bitcoin Mining-Centered Investment Entity

Grayscale Launches Bitcoin Mining-Centered Investment Entity

Crypto asset management firm Grayscale plans to launch a new private co-investment opportunity in mining hardware that enriches the bitcoin ecosystem.

Bitcoin Mining Difficulty Spikes 13.55%, Reaches New ATH of 35.6 Trillion Hashes

Bitcoin Mining Difficulty Spikes 13.55%, Reaches New ATH of 35.6 Trillion Hashes

Mining difficulty has reached a new all-time record, indicating that more miners are participating in the network.

Global Blockchain Technology Market Expected to Hit $19.9 Billion

Global Blockchain Technology Market Expected to Hit $19.9 Billion

The global blockchain technology market is anticipated to reach $19.9 billion by 2026 from the current $3.4 billion value, according to market research publisher Global Industry Analysts Inc.

Central American Countries Eager to See if El Salvador’s Bitcoin Cut Remittance Costs

Central American Countries Eager to See if El Salvador’s Bitcoin Cut Remittance Costs

Central American countries closely pay attention to see if El Salvador’s Bitcoin adoption could reduce the cost of remittances.

Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink and Filecoin

Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink and Filecoin

Grayscale Investments has expanded its product line by launching new investment trusts including Chainlink, Filecoin, and Basic Attention Token.

Citi Group Considers Launching Crypto Services Amid Increased Customer Interest

Citi Group Considers Launching Crypto Services Amid Increased Customer Interest

Citi Group discussed the possibility of launching crypto services for customers, just like Goldman Sachs enabled clients trade with Bitcoin-linked derivatives.

Trump Threatens Military Deployment at BLM and George Floyd Protests, Bitcoin Price Soars Past $10,000 Mark

Trump Threatens Military Deployment at BLM and George Floyd Protests, Bitcoin Price Soars Past $10,000 Mark

As President Donald Trump advised state governments to leverage the National Guard in response to civil unrest and protest, Bitcoin’s price surged past the $10,000 mark.

Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story

Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story

The Winklevoss brothers have teamed up with Stampede Ventures to bring their best-selling biography, ‘Bitcoin Billionaires’ to the big screen.

Bitcoin Adoption is the Ultimate Protest Against Government and State Abuse of Freedoms

Bitcoin Adoption is the Ultimate Protest Against Government and State Abuse of Freedoms

As protests break out across the globe against state and central authorities, are the protesters overlooking their best and most potent weapon in Bitcoin? Bitcoin in essence, was built for protest and could potentially destabilize the central source of power for our governments—control over traditional financial systems.

Bitcoin Price Nears $12,000 at Monthly Close—What are Analysts Predicting?

Bitcoin Price Nears $12,000 at Monthly Close—What are Analysts Predicting?

Bitcoin (BTC) remained under the resistance level of $12,000 at its August monthly close. What are analysts predicting?

Bitcoin Price Could Continue on Bullish Momentum Towards $15,800 Amid Double-Dip Recession

Bitcoin Price Could Continue on Bullish Momentum Towards $15,800 Amid Double-Dip Recession

Bitcoin’s price is currently struggling to continue its push towards $12,000, however, a chance of a double-dip recession could take BTC higher.

Crypto Scams Took in More Than $30 Million in Taiwan in 2019

Crypto Scams Took in More Than $30 Million in Taiwan in 2019

Blockchain and cryptocurrency investment scams have risen and have reached $900 million New Taiwan dollars ($30 million) in Taiwan last year, according to Gao Hongan, a political figure in the country.

Visa Rolls Out Creator Program to Empower Artists with NFTs

Visa Rolls Out Creator Program to Empower Artists with NFTs

Payment giant Visa has launched an initiative dubbed Visa Creator Program intended to help filmmakers, artists, fashion designers, and musicians revamp their businesses through non-fungible tokens (NFTs).

Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet

Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet

The software developing team for Ethereum 2.0 has finally announced that they will be launching ETH 2.0’s testnet on August 4.

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