Circle preps $1B war chest to deal with market threats from PayPal and others
Circle’s USDC stablecoin has dropped from $45 billion in circulation at the start of 2023 to just $26 billion as...
Day: August 10, 2023
Dear crypto writers: No one wants to read your ChatGPT-generated trash
Opinion: If you used ChatGPT to write an article, do us all a favor and delete it. None of us...
Chinese police to crack down on crypto and deepfake AI
The move comes as several prominent Chinese blockchain executives have been arrested this year. After a surge in personal identity...
Alex Mashinsky faces electronic monitoring while on bail, judge signs off on protective order
Prosecutors and defense lawyers agreed to a bail modification having the former Celsius CEO under electronic monitoring and largely be...
Stablecoins could be key to upholding US dollar’s global reserve status: WSJ op-ed
In an opinion piece in The Wall Street Journal, Brian Brooks and Charles Calomiris claim that U.S. stablecoin legislation is...
13 developments that could kindle the public’s interest in the crypto industry
A combination of trends already underway and deliberate industry action could lead to crypto’s watershed moment in terms of public...
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...
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. The Bank...
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...
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...
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...
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...
India proposes AI-powered conversational payments system: RBI
India’s central bank said that there’s a potential for an artificial intelligence system that would initiate transactions through a conversation....
US bank reveals $170M in crypto holdings: Q2 earnings report
SoFi started offering crypto services even before becoming a bank, and its banking license might change how it hodls crypto....
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. Indian citizens might soon have the option...
