According to the regulator, Binance failed to register as a securities exchange and operated illegally in the United States. Breaking news Join us on social networks The United States Securities and Exchange Commission (SEC) filed suit against Binance, its U.S. platform and Changpeng Zhao (CZ) in the District Court for the District of Columbia on June 5. 4. Our team…
Month: June 2023
SNEAK PEEK: Inside Illuvium Private Beta!
SNEAK PEEK: Inside Illuvium Private Beta! Decrypt’s GG Producer Kate Irwin offers her honest take on the Illuvium private beta, which is still in development. Take a look inside the expansive fantasy world, where RPG mechanics mix with a card-based autobattler. Source: https://decrypt.co/videos/interviews/Qb9mGBMZ/sneak-peek-inside-illuvium-private-beta
Bitcoin price will get ‘another test’ of 200-week trend line — analyst
Bitcoin (BTC) fell to multi-day lows at the June 5 Wall Street open as action heated up on exchanges. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Van de Poppe: Trend line failure could mean “bottom isn’t in yet” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD wicking to $26,640 on Bitstamp. Down nearly 3% versus the weekend’s highs,…
From Cyber Cafe to Web3: How Everquest Dev Jeffrey Butler Got Into Game Development
Everquest developer turned Avalon Chief Product Officer Jeffrey Butler tells Decrypt’s Jason Nelson about how he got into game development. Source: https://decrypt.co/videos/interviews/hRlI4WXe/from-cyber-cafe-to-web3-how-everquest-dev-jeffrey-butler-got-into-game-development
Web3 could bring it back
Consider what it means to be a sports organization in 2023. Is the success of their brand simply a parallel to the quality of each team’s performance, how proficiently an organization advertises their events and merchandise to their fans or simply defined by community, where consumers gather around the products and services that speak to each fan’s individual interests? It…
Hong Kong’s regulatory lead sets it up to be major crypto hub
Hong Kong — officially the Hong Kong Special Administrative Region of the People’s Republic of China — is a city of over seven million residents on the eastern Pearl River Delta in South China. The city is known for being pro-innovation and technology, and over the past year, it has introduced legislation to promote and adopt cryptocurrencies. Hong Kong is…
Are Web3 apps under scrutiny?
The rise of Web3 apps, or decentralized applications (dApps), has been nothing short of a journey in recent years. From blockchain-based social media platforms to non-fungible tokens (NFTs), the Web3 ecosystem has definitely started moving in a positive direction. However, as great as the positives are, there have been some bumps on the road and they don’t seem to be…
The blockchain and AI bond, explained
Blockchain technology can improve data integrity, allow for secure data cooperation and sharing, make tokenization and incentives easier, and support decentralized AI governance, all of which can make AI systems more reliable and open. Enhanced data integrity The immutability and transparency that blockchain technology possesses by its very nature can improve the integrity of data utilized in AI systems. Blockchain…
Paving the way for mass adoption
The DeFi revolution is transforming our financial landscape and empowering everyday people to take back control over their assets. However, the skill level necessary to practice DeFi successfully remains an obstacle to mass adoption. To overcome this roadblock and help grow decentralized finance, we need more DeFi aggregation services. What is DeFi aggregation? DeFi made simple Aggregators are platforms that…
EU officials want all AI-generated content to be labeled
Officials in the European Union have discussed additional measures that would make artificial intelligence (AI) tools, such as OpenAI’s ChatGPT, more transparent to the public. On June 5, European Commission deputy head Vera Jourova told the press that companies deploying generative AI tools with the “potential to generate disinformation” should place labels on their content as an effort to combat…