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Russian PM Considers Digital Assets for Cross Border Payment

Russian PM Considers Digital Assets for Cross Border Payment

Mikhail Mishustin, the Prime Minister of Russia, has hinted at the need to incorporate digital assets into the country’s economy as a way to ensure sustainable payment for goods and services in international trade.

The Merge Begins, ETH’s Weekly Social Engagements Increase by 53%

The Merge Begins, ETH’s Weekly Social Engagements Increase by 53%

The much-anticipated Ethereum merge is set to see the light of day begins, ETH’s weekly social engagements increased by 53%.

Sia Network Q2 2023: 12% Increase in Used Storage

Sia Network Q2 2023: 12% Increase in Used Storage

In the second quarter of 2023, the Sia network, a decentralized cloud storage platform, saw a 12% quarter-over-quarter (QoQ) increase in used storage, raising the storage utilization rate from 19% to 25%, according to a report by Messari.

Exploring the Boundaries of AI in Creative Domains: Can Machines Match Human Ingenuity?

Exploring the Boundaries of AI in Creative Domains: Can Machines Match Human Ingenuity?

We delves into the evolving capabilities of AI in creative domains, analyzing whether artificial intelligence can achieve a level of creativity comparable to humans.

Spotify removes AI-generated music

Spotify removes AI-generated music

Spotify has removed 7% of AI-generated music created by Boomy due to fraudulent streaming activities. Universal Music Group had alerted Spotify of suspicious streaming activity on Boomy tracks. The removal of the songs was due to suspected artificial streaming by bots posing as listeners. Music industry giants like UMG are fighting to control AI, while some artists like Grimes are championing its use.

Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

Power Ledger, a Perth-based energy trading software company, and Powerclub, an Australian electricity wholesaler, have signed a deal to offer households unparalleled authority over their energy usage via a blockchain-based virtual power plant.

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 Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO

Bitcoin Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO

Ajay Banga, the CEO of Mastercard believes Bitcoin is unable to function as an inclusive currency for the world’s unbanked due to volatility, CBDCs are a different story.

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.

Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions

Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions

Compass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury.

Binance Introduces New Fan Engagement Platform for Ukrainian Football Team FC Shakhtar

Binance Introduces New Fan Engagement Platform for Ukrainian Football Team FC Shakhtar

Binance has announced that it will introduce a new fan programme for Ukraine football team FC Shakhtar.

Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis

Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis

Canada-based cryptocurrency exchange CoinSmart announced it would donate aid for the emergency humanitarian crisis in Ukraine to help Ukrainian refugees.

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