The ETHGlobal Tokyo hackathon drew to a close on Sunday, as builders from around the world competed for $375,000 in prizes. The event was kicked off with the first-ever ETHGlobal “Pragma” summit, sponsored by Verse, among others. Engineers and representatives from Bitcoin.com also took part in the summit and hackathon, and shared their thoughts on the event and its significance…
Month: April 2023
Coinbase to help UK on Web3 hub as Treasury reportedly revives blockchain taskforce
The United Kingdom could “turbocharge” its crypto sector and be an “innovation hub for the Web3 economy” as part of a vision laid out by cryptocurrency exchange Coinbase. The comments by the exchange coincide with an April 17 Sky News report that the U.K. Treasury is set to revive the Asset Management Taskforce with a focus on developing crypto regulation…
MicroStrategy’s Saylor fuses work email address with Bitcoin Lightning
The Bitcoin (BTC) Lightning Network has integrated into the corporate email address of Michael Saylor, a Bitcoin bull and co-founder of business intelligence software firm MicroStrategy. In an April 17 tweet, the former chief executive of the firm shared a screenshot with his 3 million Twitter followers of a few transactions sent to “saylor@microstrategy.com” from others in the form of…
Can AI Save Journalism From Fake News? Not Yet, But These Tools Can Help
In a world where fake news spreads at breakneck speed, discerning fact from fiction is increasingly difficult. And despite the countless hours of work and millions of dollars invested in projects and policies aimed at promoting truthful journalism, the situation remains far from ideal—and that was before artificial intelligence could be enlisted to create realistic-looking fake images. In fact, fake…
EU legislators call for ‘safe’ AI as Google’s CEO cautions on rapid development
A dozen European Union (EU) politicians have signed a letter calling for the “safe” development of artificial intelligence (AI) as Google’s CEO cautioned against releasing powerful AI tech before society has had a chance to adapt. An April 16 open letter shared on Twitter by EU Parliament member, Dragoș Tudorache, called for a collaborative effort and a universal set of…
Crypto Bumped to the Back Seat as AI Investments Accelerate
Artificial Intelligence is the shiny new thing venture capitalists are throwing money at—leaving once red-hot crypto projects flailing for funding. Mysten Labs co-founder and CEO Evan Cheng said this shift is due to the ability of AI products and applications to cater to a broader audience while the crypto industry continues to focuses on itself. “Multidisciplinary venture capitalists are increasingly…
IMF Says Sub-Saharan Africa Already Feeling Effects of the ‘Big Funding Squeeze’ – Economics Bitcoin News
Countries from the Sub-Saharan Africa (SSA) region face a “big funding squeeze” which is forcing some of them to cut spending on health, education, and infrastructure. According to Abebe Aemro Selassie, people from the region are already “feeling the effects of the funding crisis.” The IMF says countries from the SSA region should also consider having in place “a well-functioning…
Australian crypto scams increased by over 162% with nearly $150M lost
Australians lost $148.3 million (AUD$221.3 million) from investment scams where cryptocurrency was used as the payment method in 2022 — a 162.4% increase from 2021. According to an April 17 scam activity report from the country’s consumer regulator, the Australian Competition and Consumer Commission (ACCC), 3,910 crypto scam incident reports were made in total and the average Australian victim was…
Nike Unveils First .Swoosh NFT Collection for Members of Its Web3 Community
Months after debuting its .Swoosh Web3 community platform, footwear giant Nike is launching its first NFT drop there. The collection, Our Force 1 (OF1), will consist of Polygon virtual sneaker NFTs designed to pay tribute to the iconic Nike Air Force 1 sneaker from 41 years ago. Two types will be available as a part of the drop: Classic Remix…
BNB Chain issues list of 191 high-risk, untrustworthy DApps and fake tokens
BNB Chain’s proactive alert does not represent the risk level of the underlying DApp project. Instead, it is aimed at helping users in their research before mak… Source: https://cointelegraph.com/public/index.php/news/bnb-chain-issues-list-of-191-high-risk-untrustworthy-dapps-and-fake-tokens