China launches national blockchain center to train half a million specialists
The institution will reportedly train more than 500,000 specialists in distributed ledger technology. On May 10, the National Blockchain Technology...
Month: May 2023
Binance looks to the UK for regulation amid US crypto crackdown
Binance seeks regulation in the U.K. amid a U.S. crackdown on cryptocurrencies as its chief strategy officer acknowledges the challenging...
Bitcoin Price Holds At $27,400 – Will US Unemployment Claims Be The Catalyst?
Bitcoin (BTC) price is back in the $27,000 zone with no signs of an exit soon. The king crypto is...
Can artificial intelligence create more jobs?
Despite negatively impacting the labor market, there are many reasons to think AI will eventually contribute to creating new jobs...
Bitcoin fees plummet 95% as BTC price recovers from US gov’t scare
Bitcoin was not subject to U.S. government selling this week, analysis shows, but BTC price action remains pressured. Bitcoin (BTC)...
IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability
The International Monetary Fund has urged Zimbabwean authorities to weigh the benefits versus risks of issuing a gold-backed digital currency....
Former US Secretary of Labor Robert Reich Urges Bypassing Congress to Raise Debt Ceiling
Robert Reich, former secretary of labor in the U.S., has called for the government to bypass Congress in order to...
JPMorgan CEO Jamie Dimon in Favor of Abolishing Debt Limit; States Getting Close to Default Can Cause Panic
Jamie Dimon, CEO of JPMorgan, stated that he favored abolishing the debt limit, giving the government the faculties to extend...
Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million
According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the...
‘We can’t keep putting band-aids on the current system’ — OKX
OKX launches a new campaign calling for a rewrite of centralized legacy financial and digital systems using blockchain technology and...
Bitcoin miner Marathon Digital hit with another SEC subpoena
The first subpoena was given to Marathon in the third quarter of 2021, concerning whether it may have violated federal...
Fiat-backed stablecoins could be used to post bail in New York under proposed bill
A New York lawmaker has introduced a new bill that proposes to allow certain stablecoins to be accepted as payment...
Google I/O: Tech giant slings raft of new AI tools — So what’s coming?
Google unveiled a slew of AI features at its latest I/O conference, with new, improved AI models to be integrated...
Circle reportedly adjusts USDC reserves to avoid US default risk
The world’s second-largest stablecoin issuer wants to reduce its exposure to potential US debt defaults. Stablecoin issuer Circle has reportedly...
Snapchat influencer turns simps into cash using an AI doppelganger
With CarynAI, Caryn Marjorie has launched something seemingly straight out of a science fiction movie. A 23-year-old Snapchat influencer has...
