Archiv für Februar 2023
Britain Wants To Get Ahead In CBDC Race, Here’s How
With the rise of central Bank digital currency (CBDC) emerging and proving a notable use case, several central banks across the globe have been pressured into a race to work and experiment with developing their a central bank digital currency (CBDC). On Tuesday, Bank of England Deputy Governor Jon Cunliffe said Britain is competing in…
WeiterlesenUAE Launching Free Zone Digital And Virtual Asset Companies
The city of Ras Al Khaimah (RAK), UAE, intends to introduce a free zone for digital and virtual asset companies. The government of Ras Al Khaimah says this free zone will be called the RAK Digital Assets Oasis. This announcement was made recently in the international forum Blockchain Life 2023. The reason behind such a…
WeiterlesenAI Wars: Elon Musk Is Said To Be Forming A Team To Fight ChatGPT
Elon Musk is using his power to prevent this chatbot from dominating the artificial intelligence business. Musk has reportedly sought artificial intelligence professionals in recent weeks about constructing a new research facility to develop an alternative to ChatGPT, the high-profile chatbot developed by the startup OpenAI, according to The Information and sources with direct knowledge…
WeiterlesenBitcoin Dev Reveals An Auction Site Selling His Code Without Consent As NFTs
Non-fungible tokens (NFTs) emerged in 2014 and took the industry by storm. The continuous growth of NFTs has made it an attractive sector for crypto enthusiasts. Unfortunately, this quest to create and own these tokens has also given rise to manipulations, plagiarism, thefts, and scams. In a recent development, a core Bitcoin developer took to…
WeiterlesenCZ Slams FUD Of Binance Shuffling Assets Like FTX
In an article published yesterday, Forbes once again attacked the world’s largest cryptocurrency exchange Binance for alleged misconduct in handling customer funds. CEO Changpeng Zhao, better known as “CZ,” vehemently denied these claims today, accusing the news outlet of intentional false representations. These Are the Allegations Against Binance Forbes alleges in the article published Monday…
WeiterlesenTrezor Plans To Produce Silicon Chips For Hardware Wallets
Trezor has been facing challenges in meeting the high demand for its popular hardware wallets due to a shortage of chips. Given this, the company hopes to shorten the supply cycle and reduce its dependence on third-party suppliers by producing its chips. As the use of cryptocurrencies continues to grow, the importance of silicon chips…
WeiterlesenRipple Calls For Recusal Of Gensler From Crypto Cases
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to await a decision after the final briefs were submitted by both parties about a month ago. The latest development in the lawsuit was the intervention of Forbes journalist Dr. Roslyn Layton, who filed a motion to intervene to ask…
WeiterlesenTop 5 Cryptos Set For Big Gains As February Ends
As we reach the final day of February 2023, the cryptocurrency market is cautiously hopeful. Will the bear market continue to rear its ugly head on the crypto field? Or, will the bulls turn things around and dominate the landscape? A quick look at both crypto market trackers Coingecko and CoinMarketCap shows that most cryptos are in…
WeiterlesenTop 5 Cryptos Set For Big Gains As February Ends
As we reach the final day of February 2023, the cryptocurrency market is cautiously hopeful. Will the bear market continue to rear its ugly head on the crypto field? Or, will the bulls turn things around and dominate the landscape? A quick look at both crypto market trackers Coingecko and CoinMarketCap shows that most cryptos are in…
WeiterlesenIMF’s Stance On Crypto, Regulate Or Ban?
Amid the rise of regulator crackdown on the crypto industry, the way each regulator views the industry has proved to be distinct. While some are keen on an actual crackdown, some believe that with regulation, the industry could be so much better. While the International Monetary Fund’s (IMF) opinion on the industry might not be…
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