Bank of Japan Ends Eight-Year Negative Rates Regime; Bitcoin Slides to $62.7K
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
Citi and Brazilian Development Bank Join Hyperledger Foundation
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The Foundation has also launched a collaborative working group for traditional financial institutions to work atop of the company’s Besu Ethereum client.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The Foundation has also launched a collaborative working group for traditional financial institutions to work atop of the company’s Besu Ethereum client.
EU Lawmakers Vote for Three Major Texts in Anti-Money Laundering Package That Also Targets Crypto
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The broad package sets up an anti-money laundering authority, a single rulebook for all 27 member states, and tough rules for crypto service providers.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The broad package sets up an anti-money laundering authority, a single rulebook for all 27 member states, and tough rules for crypto service providers.
Stablecoin Project Gyroscope to Conduct Points Program, Launch High-Yield Liquidity Pools
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Gyroscope seeks to boost its GYD stablecoin with new products servicing airdrop farmers and yield seekers.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Gyroscope seeks to boost its GYD stablecoin with new products servicing airdrop farmers and yield seekers.
First Mover Americas: Bitcoin Slumps, Liquidations Surge
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The latest price moves in crypto markets in context for March 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The latest price moves in crypto markets in context for March 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
MANTRA Chain Raises $11M for RWA Tokenization with Middle East Tint
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Oklahoma leads US with groundbreaking Bitcoin rights bill
Cryptopolitan (RSS)
In a significant development, Oklahoma has passed a landmark bill. This bill aims at protecting the rights of Bitcoin users. It marks the state as the 12th in the United States to undertake such a legislative initiative. The move is a considerable victory for the cryptocurrency community. This comes amidst increased scrutiny from federal entities like the Securities and Exchange Commission (SEC).
Digital currency freedom expands with Oklahoma bill
The Bitcoin rights bill saw overwhelming approval in the Oklahoma State House. It passed with an 81-1 vote. Representative Brian Hill championed the bill. It received backing from the Oklahoma Bitcoin Association. The bill’s provisions are extensive. They include the right to buy, sell, and mine Bitcoin. They also protect the right to self-custody of digital assets and run ...
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Cryptopolitan (RSS)
In a significant development, Oklahoma has passed a landmark bill. This bill aims at protecting the rights of Bitcoin users. It marks the state as the 12th in the United States to undertake such a legislative initiative. The move is a considerable victory for the cryptocurrency community. This comes amidst increased scrutiny from federal entities like the Securities and Exchange Commission (SEC).
Digital currency freedom expands with Oklahoma bill
The Bitcoin rights bill saw overwhelming approval in the Oklahoma State House. It passed with an 81-1 vote. Representative Brian Hill championed the bill. It received backing from the Oklahoma Bitcoin Association. The bill’s provisions are extensive. They include the right to buy, sell, and mine Bitcoin. They also protect the right to self-custody of digital assets and run ...
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Microsoft Launches In-Person AI Skill-Up-A-Thons Across Rural Ireland
Cryptopolitan (RSS)
Microsoft has announced plans to expand its AI upskilling programs across rural Ireland, bringing in-person Skill-Up-A-Thons to various counties and towns. These sessions aim to equip individuals with basic knowledge and skills in artificial intelligence (AI), catering to those with a limited understanding of the technology. The initiative reflects Microsoft’s commitment to democratizing access to AI education and fostering digital literacy in communities outside urban centers.
Expanding access to AI education
The decision to introduce in-person Skill-Up-A-Thons follows the success of online AI skills programs already available to rural residents. Microsoft seeks to bridge the digital divide by offering hands-on training sessions at Connected Hubs in Kerry, Cavan, Galway, Kilkenny, Mayo, and Tipperary, with plans ...
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Cryptopolitan (RSS)
Microsoft has announced plans to expand its AI upskilling programs across rural Ireland, bringing in-person Skill-Up-A-Thons to various counties and towns. These sessions aim to equip individuals with basic knowledge and skills in artificial intelligence (AI), catering to those with a limited understanding of the technology. The initiative reflects Microsoft’s commitment to democratizing access to AI education and fostering digital literacy in communities outside urban centers.
Expanding access to AI education
The decision to introduce in-person Skill-Up-A-Thons follows the success of online AI skills programs already available to rural residents. Microsoft seeks to bridge the digital divide by offering hands-on training sessions at Connected Hubs in Kerry, Cavan, Galway, Kilkenny, Mayo, and Tipperary, with plans ...
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Israeli Startup NeuReality Secures $20M Investment for AI Data Center Innovation
Cryptopolitan (RSS)
The tech industry, Israeli startup NeuReality has successfully secured a $20 million investment aimed at advancing its mission to revolutionize AI data centers. The funding, sourced from a consortium including the European Innovation Council (EIC) Fund, Varana Capital, Cleveland Avenue, XT Hi-Tech, and OurCrowd, underscores the growing confidence in NeuReality’s innovative approach to AI-centric system architecture.
NeuReality’s innovation revolutionizes AI deployment efficiency
In a bold move towards transforming the landscape of AI deployment, an Israeli startup, has unveiled a groundbreaking solution poised to revolutionize the industry. Led by CEO Moshe Tanach, the company’s innovative approach aims to address the longstanding challenges encountered by enterprises in deploying trained AI models and applic...
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Cryptopolitan (RSS)
The tech industry, Israeli startup NeuReality has successfully secured a $20 million investment aimed at advancing its mission to revolutionize AI data centers. The funding, sourced from a consortium including the European Innovation Council (EIC) Fund, Varana Capital, Cleveland Avenue, XT Hi-Tech, and OurCrowd, underscores the growing confidence in NeuReality’s innovative approach to AI-centric system architecture.
NeuReality’s innovation revolutionizes AI deployment efficiency
In a bold move towards transforming the landscape of AI deployment, an Israeli startup, has unveiled a groundbreaking solution poised to revolutionize the industry. Led by CEO Moshe Tanach, the company’s innovative approach aims to address the longstanding challenges encountered by enterprises in deploying trained AI models and applic...
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Pakistan-IMF talks to wrap up today, crypto taxation on the agenda
Cryptopolitan (RSS)
Today marks the finale of the critical dialogue between Pakistan and the International Monetary Fund (IMF) regarding a $3 billion safety net arrangement. This discussion isn’t just a routine check-in; it’s a turning point that could unleash the remaining $1.1 billion from the bailout kitty. But there’s a twist in the tale this time around. The IMF, traditionally skeptical about the digital currency realm, has thrown a curveball by suggesting Pakistan should tax the gains made from cryptocurrency investments. Yes, you heard it right. The same virtual coins that have been the wild west of finance are now being roped into the tax corral.
Pakistan’s Taxing Proposal: Cryptos and Beyond
It’s not just the crypto investors who might need to brace for impact. The IMF’s suggestions span...
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Cryptopolitan (RSS)
Today marks the finale of the critical dialogue between Pakistan and the International Monetary Fund (IMF) regarding a $3 billion safety net arrangement. This discussion isn’t just a routine check-in; it’s a turning point that could unleash the remaining $1.1 billion from the bailout kitty. But there’s a twist in the tale this time around. The IMF, traditionally skeptical about the digital currency realm, has thrown a curveball by suggesting Pakistan should tax the gains made from cryptocurrency investments. Yes, you heard it right. The same virtual coins that have been the wild west of finance are now being roped into the tax corral.
Pakistan’s Taxing Proposal: Cryptos and Beyond
It’s not just the crypto investors who might need to brace for impact. The IMF’s suggestions span...
View original post
Coinbase gains industry support in legal fight against SEC
Cryptopolitan (RSS)
In a significant show of solidarity, various U.S. businesses and crypto industry stakeholders have united in support of Coinbase‘s legal challenge against the Securities and Exchange Commission (SEC). This development follows the SEC’s rejection of Coinbase’s request for clear rulemaking regarding the application of securities laws to digital assets.
Entities such as Paradigm Operations LP, a tech investment firm, and Legit. Exchange, a Texas-based digital asset trading platform, has submitted amicus briefs backing Coinbase’s stance. These submissions emphasize the urgent need for regulatory clarity to foster innovation and protect investors in the rapidly evolving digital asset landscape.
Paradigm Operations LP has highlighted the negative impact of the SEC’s unclear regulations on digital assets. Their amicus brief und...
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Cryptopolitan (RSS)
In a significant show of solidarity, various U.S. businesses and crypto industry stakeholders have united in support of Coinbase‘s legal challenge against the Securities and Exchange Commission (SEC). This development follows the SEC’s rejection of Coinbase’s request for clear rulemaking regarding the application of securities laws to digital assets.
Entities such as Paradigm Operations LP, a tech investment firm, and Legit. Exchange, a Texas-based digital asset trading platform, has submitted amicus briefs backing Coinbase’s stance. These submissions emphasize the urgent need for regulatory clarity to foster innovation and protect investors in the rapidly evolving digital asset landscape.
Paradigm Operations LP has highlighted the negative impact of the SEC’s unclear regulations on digital assets. Their amicus brief und...
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Are You Next? Unilever to Axe 7,500 Jobs for AI
Cryptopolitan (RSS)
British consumer goods company Unilever is planning a major business overhaul that could see it replace a large number of its workforce with artificial intelligence.
Unilever to Lay Off Thousands Due to AI
The Standard reported Tuesday that Unilever, which has about 128,000 employees around the world, intends to dismiss 7,500 of its global employees over the next two years, with the company’s executives saying that AI would “play a role” in the layoffs.
The execs admitted that the planned jobs cull is part of the company’s “comprehensive” programme to invest in AI technology and IT solutions, with the goal of improving productivity and saving £684 million (or over $868 million) in the next three years.
“Under the growth action plan, we have committed to do fewer things better, and with greater impact,” said Hein Schumacher, the chief executive. “The changes we are announcing today will help us accelerate that plan....
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Cryptopolitan (RSS)
British consumer goods company Unilever is planning a major business overhaul that could see it replace a large number of its workforce with artificial intelligence.
Unilever to Lay Off Thousands Due to AI
The Standard reported Tuesday that Unilever, which has about 128,000 employees around the world, intends to dismiss 7,500 of its global employees over the next two years, with the company’s executives saying that AI would “play a role” in the layoffs.
The execs admitted that the planned jobs cull is part of the company’s “comprehensive” programme to invest in AI technology and IT solutions, with the goal of improving productivity and saving £684 million (or over $868 million) in the next three years.
“Under the growth action plan, we have committed to do fewer things better, and with greater impact,” said Hein Schumacher, the chief executive. “The changes we are announcing today will help us accelerate that plan....
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AI Integration Vital for Crypto Safety, Warns Binance CTO
Cryptopolitan (RSS)
Binance, one of the leading cryptocurrency exchanges globally, is doubling down on its investments in artificial intelligence (AI) and compliance measures to stay ahead in the rapidly evolving crypto landscape. Rohit Wad, the Chief Technology Officer (CTO) of Binance, highlighted the critical role of AI in safeguarding users and ensuring regulatory compliance.
Binance bolsters compliance efforts with a $213 million budget
The exchange has significantly ramped up its compliance efforts, allocating a substantial budget to enhance transaction monitoring, market surveillance, and investigative tools. Wad revealed that the compliance budget surged by 35% year-over-year to an impressive $213 million.
These investments underscore commitment to maintaining robust anti-money laundering (AML) and compliance standards.
The CTO emphasi...
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Cryptopolitan (RSS)
Binance, one of the leading cryptocurrency exchanges globally, is doubling down on its investments in artificial intelligence (AI) and compliance measures to stay ahead in the rapidly evolving crypto landscape. Rohit Wad, the Chief Technology Officer (CTO) of Binance, highlighted the critical role of AI in safeguarding users and ensuring regulatory compliance.
Binance bolsters compliance efforts with a $213 million budget
The exchange has significantly ramped up its compliance efforts, allocating a substantial budget to enhance transaction monitoring, market surveillance, and investigative tools. Wad revealed that the compliance budget surged by 35% year-over-year to an impressive $213 million.
These investments underscore commitment to maintaining robust anti-money laundering (AML) and compliance standards.
The CTO emphasi...
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Bakkt names Andy Main CEO amid financial turnaround efforts
Cryptopolitan (RSS)
Bakkt, a prominent cryptocurrency trading platform, has appointed Andy Main as its new President and CEO, effective March 26. This move comes as the current CEO, Gavin Michael, steps down to pursue new opportunities. Despite his departure, Michael will remain connected with Bakkt, serving as an advisor until March 2025 to ensure a smooth transition and to offer guidance to the Board.
Andy Main, who has been an integral part of Bakkt’s Board since the company went public in 2021, is slated to take the reins. With a rich background that includes serving as the global CEO of Ogilvy and the global head of Deloitte Digital, Main is expected to navigate Bakkt through its next phase of growth and development.
Bakkt has also rescheduled the announcement of its fourth-quarter and full-year financial results for 2023 to March ...
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Cryptopolitan (RSS)
Bakkt, a prominent cryptocurrency trading platform, has appointed Andy Main as its new President and CEO, effective March 26. This move comes as the current CEO, Gavin Michael, steps down to pursue new opportunities. Despite his departure, Michael will remain connected with Bakkt, serving as an advisor until March 2025 to ensure a smooth transition and to offer guidance to the Board.
Andy Main, who has been an integral part of Bakkt’s Board since the company went public in 2021, is slated to take the reins. With a rich background that includes serving as the global CEO of Ogilvy and the global head of Deloitte Digital, Main is expected to navigate Bakkt through its next phase of growth and development.
Bakkt has also rescheduled the announcement of its fourth-quarter and full-year financial results for 2023 to March ...
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Top Parody Memecoins in 2024
CoinGape (RSS)
The crypto space has been filled with various cryptocurrencies, including memecoins. Memecoins have become a trend this bull season with the prices of top memecoins skyrocketing at an unexpected rate. A new addition among the memecoins that has drawn attention of various crypto investors is the parody memecoins. This article covers the top parody memecoins to look out for in 2024.
The post Top Parody Memecoins in 2024 appeared first on CoinGape.
CoinGape (RSS)
The crypto space has been filled with various cryptocurrencies, including memecoins. Memecoins have become a trend this bull season with the prices of top memecoins skyrocketing at an unexpected rate. A new addition among the memecoins that has drawn attention of various crypto investors is the parody memecoins. This article covers the top parody memecoins to look out for in 2024.
The post Top Parody Memecoins in 2024 appeared first on CoinGape.
Breaking: GBTC Bitcoin ETF Fees to Drop Soon, Says Grayscale CEO
CoinGape (RSS)
Michael Sonnenshein, chief executive offer of crypto asset manager Grayscale, discloses that fees on its flagship Grayscale Bitcoin Trust (GBTC) Bitcoin ETF will reduce gradually over time. Sonnenshein said the fees will drop after GBTC outflows reached over $12 billion, backtracking from defending its higher charges.
Grayscale to Reduce GBTC Fees
Grayscale CEO Michael Sonnenshein said the company expects to reduce fees on its GBTC Bitcoin ETF in the months ahead. The move likely comes as GBTC continues to witness outflows while other competitors such as BlackRock and Fidelity grab massive market share from Grayscale.
“I’ll happily confirm that, over time, as this market matures, the fees on GBTC will come down,” Sonnenshein told CNBC in an interview on March 18. He added that fees tend to ...
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CoinGape (RSS)
Michael Sonnenshein, chief executive offer of crypto asset manager Grayscale, discloses that fees on its flagship Grayscale Bitcoin Trust (GBTC) Bitcoin ETF will reduce gradually over time. Sonnenshein said the fees will drop after GBTC outflows reached over $12 billion, backtracking from defending its higher charges.
Grayscale to Reduce GBTC Fees
Grayscale CEO Michael Sonnenshein said the company expects to reduce fees on its GBTC Bitcoin ETF in the months ahead. The move likely comes as GBTC continues to witness outflows while other competitors such as BlackRock and Fidelity grab massive market share from Grayscale.
“I’ll happily confirm that, over time, as this market matures, the fees on GBTC will come down,” Sonnenshein told CNBC in an interview on March 18. He added that fees tend to ...
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Bitcoin, Ethereum Bleed As 5 Crypto To Buy Standout With 100X Potential
CoinGape (RSS)
The cryptocurrency market has recently experienced a downturn, with major players like Bitcoin and Ethereum witnessing significant drops below their key price levels.
Amidst this market correction, certain crypto to buy digital assets stand out with their promising potential. Highlighted are BLUR, TENET, Manta Network (MANTA), Loopring (LRC), and Polygon Ecosystem Token (POL), each poised for substantial growth.
1. Blur (BLUR)
Blur (BLUR) serves as the core governance token for Blur, an innovative platform in the NFT marketplace sphere. This platform distinguishes itself by offering users advanced tools for portfolio management alongside real-time pricing data and capabilities for comparing NFTs across various marketplaces.
Blur has consistently hovered above the pivotal $0.53 benchmark fo...
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CoinGape (RSS)
The cryptocurrency market has recently experienced a downturn, with major players like Bitcoin and Ethereum witnessing significant drops below their key price levels.
Amidst this market correction, certain crypto to buy digital assets stand out with their promising potential. Highlighted are BLUR, TENET, Manta Network (MANTA), Loopring (LRC), and Polygon Ecosystem Token (POL), each poised for substantial growth.
1. Blur (BLUR)
Blur (BLUR) serves as the core governance token for Blur, an innovative platform in the NFT marketplace sphere. This platform distinguishes itself by offering users advanced tools for portfolio management alongside real-time pricing data and capabilities for comparing NFTs across various marketplaces.
Blur has consistently hovered above the pivotal $0.53 benchmark fo...
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Top Crypto Losers Of The Week And Why?
CoinGape (RSS)
This week has just started, but it’s different from the previous weeks as a new downturn has begun and crypto losers have emerged in the market. Most cryptos have struggled these past few days, including those that used to dominate the market. Bitcoin has dropped to $63K, whereas Ethereum has accepted the $32K. It is a prominent fall from their values just a few days ago.
It doesn’t end there. The market has witnessed some of the well-performing cryptos falling to the ground as crypto losers, struggling to make a comeback.
Top Crypto Losers Of The Week
As so many cryptocurrencies are suffering, a long list of cryptocurrencies’ poor performance is available, showcasing the cryptocurrencies on the verge of entering a bearish trend. The list of top crypto losers is mentioned below, so let’s look into those and the reason behind their fall.
Also Read: ...
View original post
CoinGape (RSS)
This week has just started, but it’s different from the previous weeks as a new downturn has begun and crypto losers have emerged in the market. Most cryptos have struggled these past few days, including those that used to dominate the market. Bitcoin has dropped to $63K, whereas Ethereum has accepted the $32K. It is a prominent fall from their values just a few days ago.
It doesn’t end there. The market has witnessed some of the well-performing cryptos falling to the ground as crypto losers, struggling to make a comeback.
Top Crypto Losers Of The Week
As so many cryptocurrencies are suffering, a long list of cryptocurrencies’ poor performance is available, showcasing the cryptocurrencies on the verge of entering a bearish trend. The list of top crypto losers is mentioned below, so let’s look into those and the reason behind their fall.
Also Read: ...
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