Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide Russia, threatening to cut trade if they don’t comply. US Treasury to Demand Implementation…
Month: April 2023
Bitcoin gaming enters Africa with local crypto exchange partnership
Gamers in Africa can now send and receive small amounts of Bitcoin (BTC) while playing classic titles like Counter Strike. Zebedee, a fintech and payments processor targeting the gaming space, has partnered with crypto exchange platform Bitnob to offer payments and gaming reward options in Africa using the Bitcoin Lightning Network (LN). Within the partnership, African users can earn Bitcoin…
Bitcoin Miner Bitdeer Expected to Finally Go Public This Friday
The Singapore-based Bitcoin mining firm, Bitdeer Technologies Group, is set to go public on Nasdaq this Friday. This will be part of a special purpose acquisition company (SPAC) merger after multiple delays in closing the $4 billion deal. Blue Safari Group, the SPAC firm taking Bitdeer public, filed for three extensions within six months last year with the last extension…
OpenAI launches bug bounty program to combat system vulnerabilities
Amid privacy and cybersecurity issues and recent bans by different countries, artificial intelligence (AI) company, OpenAI released a program to combat vulnerability concerns. OpenAI, the company behind ChatGPT, on Tuesday, announced the launch of The OpenAI Bug Bounty Program to help identify and address vulnerabilities in its systems. According to the announcement the program rewards security researchers for their contributions…
MetaPlayerOne’s New Co-Investment and Acceleration Program for GameFi Projects – Press release Bitcoin News
press release PRESS RELEASE. MetaPlayerOne is bringing the power of Web3 communications to GameFi by introducing a new launchpad and standard for NFT game assets. Using this platform and this standard, different GameFi projects can recognize specific smart contract asset holders and rare asset holders, providing them with various benefits. For example, addressing an airdrop specifically to all legendary asset…
Alameda-linked Ren Protocol Transfers $13M in Bitcoin to FTX Debtors
Ren took to Twitter to inform its community that it must transfer the protocol’s assets to FTX debtors’ cold wallets. “The cryptocurrency assets will be transferred to distinct segregated wallets cold storage wallets designated for these assets transferred by Ren, separate from the other Debtor cold storage wallets,” reads the announcement. The price of the project’s governance token has dropped…
Elon Musk reportedly buys thousands of GPUs for Twitter AI project
According to anonymous sources close to the company, Musk purchased nearly 10,000 graphics processing units with the intention of furthering his AI projects at … Source: https://cointelegraph.com/public/index.php/news/elon-musk-reportedly-buys-thousands-of-gpus-for-twitter-ai-project
Spanish tax agency to send over 328K notices to crypto holders
The State Tax Administration Agency of the Government of Spain (AEAT) increases its efforts to charge the local holders of crypto assets. The AEAT intends to dispatch 328,000 warning notices to those who should pay their taxes on crypto for the 2022 fiscal year. As the local newspaper El Mundo reported on Apr. 11, the number of notices raised by…
‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022 – Africa Bitcoin News
Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle to keep the naira to the dollar exchange rate from depreciating further” until both…
Elon Musk reportedly buys thousands of GPUs for Twitter AI project
Elon Musk – CEO of SpaceX, Tesla and, as of last October, Twitter – recently made headlines when he spearheaded a request to halt AI development due to concerns. Despite the effort, the tech mogul seems to be pushing forward with his own plans for developing AI infrastructure. Now, a report from Business Insider revealed that Musk seems to be moving forward…