US and China AI-tech standoff shows signs of spreading to other countries
The ongoing spat between the United States and China over emerging tech like AI continues as U.S. President Joe Biden restricts investments.
Posts published on August 10, 2023 go to media archive 3/4
Coinbase's Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day
However, nearly $166 million had already flowed to the blockchain ahead of the official launch.
PEPE Coin Makes Minor Gains With 3.5% Spike – Sign Of Recovery?
PEPE has emerged as a symbol of resilience in the face of uncertainty in the broader meme coin market. A timely intervention by a deep-pocketed investor, an anonymous whale, has breathed new life into the frog-themed token, giving it a shot in the…
Are Reports Linking the 11th Largest BTC Wallet to Tether a Myth? Cryptoquant Analysis Reveals Discrepancies
In the wake of recent claims that Tether, the company behind leading stablecoin USDT, holds the 11th largest bitcoin (BTC) wallet, Cryptoquant, a blockchain intelligence firm, has expressed skepticism. Citing inconsistencies in onchain data…
Ripple joins BIS cross-border payments task force
The task force is a part of the Bank of International Settlements' Committee on Payments and Market Infrastructure.
FTX debtors and UCC clash over asset control in restructuring
FTX strongly criticized the UCC's pursuit of asset control, as it recommended that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasuries.
AI Eye: Apple developing pocket AI, deep fake music deal, hypnotizing GPT-4
Apple developing AI to run locally on your phone, researchers ‘hypnotize’ GPT-4 to turn it evil, and Google negotiates a deep fake music deal.
After Co-Founding Salesforce’s Web3 Studio, Mathew Sweezey Is Bullish on Smart Tokens
The former Salesforce executive who entered Web3 during the NFT boom of 2021 sees smart tokens, aka the ERC-5169 token standard, as a gateway for companies to create new digital ownership opportunities.
Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip on Thursday, Despite Inflation Cooling Off in US
Bitcoin retreated from a recent high on Thursday, in light of a much anticipated inflation report from the United States. The consumer price index declined to an annual rate of 3.2% last month, with core inflation falling to 4.7%. Ethereum also…
Whale Purchases $10 Million stETH In The past Day, Here Are Possible Reasons Why
The crypto verse has recently witnessed a massive splash as an unidentified entity dove deep into the Ethereum ecosystem. A recent report from Lookonchain reveals that in a span of 24 hours, the whale has purchased $10 million worth of Lido Staked…
Bitcoin Wallet Xverse Secures $5 Million Seed Funding Led by Jump Crypto
Today, Hong Kong-based start up Bitcoin wallet Xverse announced they have successfully closed a $5 million seed funding round, according to a press release sent to Bitcoin Magazine. The round was spearheaded by Jump…
ChatGPT-Based Search Function Goes Live on Blockchain Encyclopedia IQ.wiki
IQ GPT will help fight misinformation in the crypto space and onboard new users.
SEC Likely to Approve Several Spot ETFs, Sparking Next Bitcoin Rally: Matrixport
If the SEC needs more time to assess the practicality of the surveillance-sharing agreements, then the bitcoin price may correct initially in mid-September, and would be the “dip to buy,” the report said.
U.S. July CPI Matches Estimates With 0.2% Monthly Growth
This morning's inflation numbers are among the key pieces of data the Fed will be looking at next month as it determines the course of monetary policy.
UK Crypto Incentives Ban Could Drive Firms Out of Country, Lobbyists Say
Lobby group CryptoUK called for more clarity on the FCA’s guidance on its upcoming rules for crypto ads.
Hashing It Out podcast: What does the future hold for BNB Chain?
Arno Bauer, the senior solution architect at BNB Chain, denies the “Ethereum killer” tag in a discussion highlighting new BNB Chain updates.
First Mover Americas: Coinbase Seeks New Revenue Stream From Layer 2 Network
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
India proposes AI-powered conversational payments system — RBI
India’s central bank said that there’s a potential for an AI system that would initiate transactions through a conversation.
FTX Fires Back at Creditors 'Willing to Gamble Estate Assets on Higher Returns'
The committee of unsecured creditors criticized the bankrupt estate's reorganization plan submitted to court in July.
US Congresswoman Raises Concerns About Paypal Stablecoin In The Absence Of Regulation
Earlier this week, popular American payment giant Paypal unveiled the launch of its USD-pegged PYUSD stablecoins to investors. In response, Democrat congresswoman Maxine Waters has raised palpable concerns that may or may not threaten the…
BlackRock Vs. The Bitcoin Maxis: Is BTC Money Or A Store Of Value?
This is an opinion editorial by Louis Tsu, the CEO of Venom Foundation and an entrepreneur with a background in finance, technology and macroeconomics.Regardless of one’s own perspective on whether bitcoin is a financial asset or an…
Jump Crypto Backs $5M Round for Bitcoin Wallet Xverse
The Web3 app supports Ordinals, the technology that brought non-fungible tokens to the Bitcoin ecosystem.
US bank reveals $170M in crypto holdings: Q2 earnings report
Sofi started offering crypto services even before it became a bank and its banking license might change the way it hodl crypto.
Singapore Red Cross Says It Now Accepts Crypto Donations
Well-wishers who want to financially support the Singapore Red Cross can now do so via crypto donations. All donations are converted into fiat currency within 24 hours after the donation has been made. Benjamin William said his organization has…
India plans to use crypto tokens in upcoming native web browser
The feature is envisaged as part of the country’s national web browser project.
Bitcoin hugs $29.5K into CPI as odds split over new US inflation spike
Bitcoin looks set to benefit little from the latest CPI figures, analysts warn, with fresh BTC price losses firmly on the cards.
OKB Token 15% Surge Paves The Way For Record-Breaking Highs
OKB, the native cryptocurrency of the OKX exchange, has made a solid comeback after a lackluster performance in the latter half of July. As August dawned, the token’s price roared back to life, sparking optimism among investors and…
Bitcoin Traders Should Watch Wider Inflation Metrics, Not Just CPI
Wider metrics suggest a flare-up in inflation in months ahead, which may trigger a sharp repricing of interest rate expectations, bringing downside volatility to risk assets, including bitcoin.
France updates its crypto licensing regime to synchronize with MiCA
The amendments will become obligatory starting Jan. 1, 2024, and must be taken into account in by applicants for enhanced DASP registration.
Argentina Opens Probe Into Worldcoin Personal Data Treatment Procedures
The government of Argentina informed it had opened an investigation into the data collection activities that Worldcoin is executing in the country. The Public Information Access Agency (AAIP), the data comptroller in the country, sent a letter to…