Reddit to wind down blockchain-based rewards service ‘Community Points’
Reddit will shutter its Community Points feature by Nov. 8, citing scalability issues. Reddit has…
Day: 17 October 2023
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch
Blockchain data from Etherscan suggest Scroll’s mainnet was live over a week ago. Scroll, a…
Europe’s AML regulations come at a high cost — for your privacy and otherwise
The European Union’s anti-money laundering laws infringe upon personal privacy, and they come with costs…
Binance.US asks users to convert USD into stablecoins for withdrawals
Binance.US users “may convert” their U.S. dollar holdings to stablecoins or other digital assets to…
Google requests dismissal of AI data scraping class-action suit
Google argued in its motion to dismiss the claims that using publicly available information shared…
Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting
Ohio Representative Jim Jordan, the Republican Party’s nominee for Speaker, won the support of 200…
South Korean regulator outlines steps to enhance digital asset legislation
The Virtual Asset Users Protection Act was passed in June without a sufficient regulatory framework,…
US expands export controls for AI semiconductor chips to China
The expanded export controls of AI semiconductor chips include a new performance threshold, licensing requirements…
Fed governor Bowman doubles down on CBDC skepticism, likes stablecoin no better
Michelle Bowman told a university audience that financial innovation should be justified by need and…
Baidu unveils Ernie 4.0 AI system, says overall performance ‘on par with ChatGPT’
The Chinese megacorporation claims its newest model rivals OpenAI’s popular model in generating text, images,…
Nishad Singh says there is ’a lot’ he doesn’t remember about FTX in 2022 — SBF trial
Sam Bankman-Fried’s defense team cross-examined former FTX engineering director Nishad Singh following questions from the…
BTC price models hint at $130K target after 2024 Bitcoin halving
Bitcoin is due to double its current all-time high price within two years of the…
Ethereum or Bitcoin: Which one is a better investment in 2023?
Although digital assets are volatile, some virtual currencies appeal to investors, as they are considered…
Platypus Finance recovers 90% of assets lost in exploit
As per its agreement, project developers will not pursue legal action against the hacker. Decentralized…
7 crypto leaders share tips to help Web3 companies prep for tax season
Web3 companies face unique challenges when it comes to prepping for tax season, and they…
