Controversies around artificial intelligence (AI) and its use of copyrighted material have been popping up around the web left and right after a major uptick in the use of the technology for content creation. Legislators in the European Union have responded to the growing usage of AI in a vote on April 27, which pushed forward a draft of a…
Month: April 2023
Binance to re-enter Japan via acquired regulated exchange SEBC
Crypto exchange Binance is all set to re-enter Japan with the help of the regulated crypto exchange platform Sakura Exchange Bitcoin Co., Ltd. (SEBC). Binance acquired the SEBC, a Japan Financial Services Agency-licensed business, in November 2022 with an aim to re-enter the Japanese crypto market. According to a report published in a local daily, SEBC would terminate its current…
AIGameToEarn Begins Pre-Launch Whitelisting for AI NFTs and a $100k Guaranteed Leaderboard – Press release Bitcoin News
press release PRESS RELEASE. Zagreb, Croatia, 28th April 2023, Chainwire AIGameToEarn, an innovative platform combining artificial intelligence and gaming, started the whitelisting signups for its upcoming launch. The list is open to 2,000 lucky individuals, of which 200 spots are reserved for contributors, giveaways, and contest winners. Those who hurry and get whitelisted can purchase two AI NFTs on the…
‘ECB has no interest in users’ personal data’
As the various stakeholders within the European Union continue to research the potential of a single central bank digital currency (CBDC), the representatives of both private and public banking institutions share their opinion on the digital euro. In a fresh issue of the bi-annual Views Magazine, published in April, the topic of the digital euro received a heavy amount of…
AOC, Hollywood Stars Are ‘Skeeting’ on Bluesky
Don’t call it a tweet if you’re using Bluesky. Instead, the influx of new Bluesky users has adopted the faintly obscene-sounding term “skeeting” to describe the act of posting on the platform. The latest wave of new users to the Jack Dorsey-backed decentralized social media app Bluesky includes a wide variety of politicians and Hollywood filmmakers too. Among the big…
Revolut taps Koinly for cryptocurrency tax reports
As cryptocurrencies increasingly fall under the purview of global tax authorities, digital bank Revolut has integrated an automated tax reporting service for its users. The digital financial services provider has partnered with cryptocurrency tax solution Koinly to allow users to generate cryptocurrency tax reports to work out gains and losses. Revolut users will be able to synchronize their cryptocurrency transaction…
Analysts at odds over Fed, US debt ceiling impact on Bitcoin price
On April 26, House Republicans scarcely passed their bill to increase the U.S. debt ceiling. This led to analysts already weighing its potential impact on the price of Bitcoin (BTC), ranging from extremely bearish to overly bullish. Ultimately, U.S. dollar liquidity is the key to both of these opposing viewpoint. “Deflationary recession” to produce 2020-like BTC rally? Some analysts, including Jesse…
46% of millennials across major economies own crypto: Bitget research
A new survey suggests that 46% of millennials across major population countries, such as the United States, China, Japan, Germany, Indonesia and Nigeria, own cryptocurrencies. The study, conducted between July 2022 and January 2023 and published on April 28 by cryptocurrency exchange Bitget, featured approximately 255,000 adult respondents from 26 countries, with around 10,000 respondents per country. The survey revealed…
CFTC Cracks its ‘Largest Fraud’ Case Involving Bitcoin, Orders Offender to Pay $3.4B Penalty
A whopping $3.4 billion—that’s how much a Texas court has ordered Cornelius Johannes Steynberg, the CEO of Mirror Trading International Proprietary Limited (MTI) to pay in connection with a large-scale fraud case involving Bitcoin. As part of the settlement, half of that amount will go toward providing restitution to victims of MTI’s fraudulent activities, with the other half designated as…
Bank of America Strategist Predicts Gold Could Reach $2,500 per Ounce in 2023 – Bitcoin News
A Bank of America (BOFA) commodity strategist has postulated that gold, should it continue to flourish in 2023, could pave the way for a climb to $2,500 per ounce. Presently priced at $1,983 per unit, the precious metal remains just shy of the $2,000 threshold. However, if it were to achieve the projected $2,500 target, its value would need to…