The Shiba Inu (SHIB) ecosystem is finally launching Shibarium, its Ethereum layer-2 network. According to the developers, Shibarium’s mainnet launch provides the essential technical foundation “for the entire SHIB state.” Today’s launch follows an extensive beta testnet phase, which saw a reported 21 million users. Shibarium, like the swath of layer-2 networks on the market, seeks to address some of…
Jeremy Koven, the president of Canada-based crypto exchange CoinSmart and SmartPay president at WonderFi, pointed to areas of concern for crypto firms in the United States looking for regulatory clarity and favorable tax policy. Speaking to Cointelegraph at the Blockchain Futurist conference in Toronto on Aug. 16, Koven said promoting crypto at casinos and for sports betting was “really a…
Technology has done a lot to help with those tip-of-your-tongue, name-that-tune moments. Thanks to AI, now you don’t even need to sing or hum a song—just think about it. That’s the future scientists are bringing about after a breakthrough study successfully used artificial intelligence (AI) to recreate music simply from scanning brain activity while they thought about a song. In…
Markets continue to slump, giving advantage to the bears and hinting at a trend change to the downside. Source: https://cointelegraph.com/news/price-analysis-8-16-btc-eth-bnb-xrp-doge-ada-sol-matic-ltc-dot
The U.S. Federal Election Commission has moved forward a petition to prohibit the use of artificial intelligence in campaign ads leading into the 2024 election season. The agency is now seeking public comments on the petition before proceeding with “full rulemaking.” In July, the FEC said it received a petition asking for new rules surrounding the use of AI-generated content…
Cryptocurrency exchange Coinbase awarded $120,000 worth of Bitcoin to WNBA players on Tuesday as part of its ongoing sponsorship of the women’s professional basketball league. At the WNBA’s Commissioner’s Cup Championship on Tuesday, each player was awarded $5,000 in Bitcoin from the exchange. Players on both teams—the New York Liberty and Las Vegas Aces—had the crypto funds deposited into their…
Asset management firm Valkyrie filed for an Ether futures exchange-traded fund with the U.S. Securities and Exchange Commission on Aug. 16. Source: https://cointelegraph.com/public/index.php/news/breaking-valkyrie-files-for-ether-futures-etf-with-the-sec
Google announced a new set of upgrades to its search engine on Tuesday, integrating new generative AI capabilities that aim to improve how people find and digest information online. This latest release builds upon the company’s new Search Generative Experience (SGE), which launched in beta earlier this year. SGE allows users to harness the power of AI to get more…
Base, Coinbase’s new layer 2, has been fully operational for a week and has already seen an influx of bad actors. In the latest incident, crypto lender SwirlLend, formerly active on Base and Linea, has apparently carried out an exit scam, otherwise known as a rug pull. PeckShield reported in a post on X (former Twitter) on Aug. 16 that…
Cryptocurrency exchange Coinbase announced on Tuesday it’s received regulatory approval to roll out crypto futures to customers in the U.S., and the move could marry two of Bitcoin’s markets in a substantial way while spurring more adoption. Through its newly registered merchant with the Commodities Futures Trading Commission (CFTC), Coinbase Financial Markets will offer spot crypto trading alongside crypto futures,…
