Bitcoin Ordinals continue to boom, with a new token standard launched Monday. The BRC-69 standard brings with it an innovative way to reduce the time and cost it currently takes to make an inscription. Known as Bitcoin’s version of NFTs, which allow for non-financial data to be stored on the blockchain, Ordinals previously had a 4-megabyte limit on what could…
Month: July 2023
Two Twitter Alternatives Take Flight This Week—What’s Spill and Threads?
The microblogging war is on, and more challengers are appearing at the gate, eying the crown long worn by Twitter by capitalizing on its shortcomings. Two of these rivals are Spill and Threads. The first is founded by a pair of former Twitter executives looking to carve out a space for diverse voices. The second is being launched by Twitter’s…
ChatGPT Users Abused Web Browsing Feature So OpenAI Has Turned It Off
ChatGPT creator OpenAI has pulled the plug on its web-browsing feature “Browse with Bing.” “We have learned that the ChatGPT Browse beta can occasionally display content in ways we don’t want,” OpenAI wrote in a post on Monday. OpenAI pointed to instances where a ChatGPT Plus subscriber would ask the chatbot for the full text of a URL, and ChatGPT…
Researchers demonstrate ‘unconditionally secure’ quantum digital payments
The dream of a completely secure, unhackable, absolutely private digital payment system could soon be realized thanks to new research out of the University of Vienna. In a paper published on July 4 titled “Demonstration of quantum-digital payments,” a team of researchers at the Vienna Center for Quantum Science and Technology showed off what may be the first “unconditionally secure”…
‘Crypto Companies Must Get Ready to Comply’: UK Financial Regulator
The Financial Conduct Authority (FCA) for the United Kingdom has announced that companies promoting cryptocurrencies to UK customers must abide by their existing financial promotion regime by October 8, 2023. According to today’s bulletin, financial promotion is broad and technologically neutral, but it applies to websites, social media posts, mobile apps, and online advertising. Today’s announcement read that companies will…
Even worse for crypto than central exchanges
Recent weeks have seen a surge in interest from traditional finance for crypto-based exchange-traded funds (ETFs). After the Securities and Exchange Commission took issue with its initial filing, BlackRock submitted a fresh application for a Bitcoin ETF on July 3. A week earlier, Fidelity led a crop of investment firms in lodging applications with the SEC for Bitcoin-based ETFs. Meanwhile,…
UK financial watchdog reminds crypto firms of October deadline for marketing compliance
The United Kingdom’s Financial Conduct Authority, or FCA, has announced that all cryptoasset firms marketing to users in the country must be in compliance with its financial promotions regime by October 2023. In letters dated July 4, the FCA said starting on Oct. 8, companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in…
Bitcoin futures premium hits 18-month high — Time to flip bullish?
The Bitcoin (BTC) futures’ premium has reached its highest level in 18 months on July 4. But traders are now questioning whether the derivatives metrics indicate “excessive excitement” or a “return to the mean” after a prolonged bear market. BTC price gains capped by regulators, macroeconomics Bitcoin’s price has been trading in a narrow 4.4% range since June 22, oscillating between…
China to tighten control on exports of AI chip-making materials
The Chinese government has announced that it plans to control the export of gallium and germanium products heavily used to produce semiconductors. Source: https://cointelegraph.com/public/index.php/news/china-to-tighten-control-on-exports-of-ai-chip-making-materials
5 talent marketplaces to hire developers
Businesses across industries rely on competent developers to construct and maintain their technology infrastructure in today’s fast-paced digital landscape. However, finding and recruiting the best developers can be difficult. The role of talent marketplaces is to provide platforms that link companies with a pool of qualified developers. This article will look at five well-known talent marketplaces that offer a way…