sts
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.
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!
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 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
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)
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 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 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 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 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
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
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.
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.
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 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'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.
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.
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.
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.
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.
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, 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.
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.
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
A smart contract error has locked $24 million worth of tokenized staked Solana (stSOL) on Lido, following its service discontinuation in October 2023.
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.
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.
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.
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).
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
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 are advancing in AlphaGeometry, AI Mathematics, and solving geometry problems using synthetic data, neural language models, symbolic engines, Google DeepMind, and educational AI.
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.
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.
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.
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.
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
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
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.
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.
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 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.
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’s price is currently struggling to continue its push towards $12,000, however, a chance of a double-dip recession could take BTC higher.
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.
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.