Researchers at the University of Chicago have developed a tool that gives artists the ability to “poison” their digital art in order to stop developers from training artificial intelligence (AI) systems on their work. Called “Nightshade,” after the family of plants, some of which are known for their poisonous berries, the tool modifies images in such a way that their…
India leads the world in crypto adoption, followed by Nigeria and Vietnam, according to a new Chainalysis report. Nonetheless, North America accounts for nearly a quarter of all value received by cryptocurrency exchanges, with the United States leading by far. To calculate adoption, Chainalysis used web traffic data from 13 billion web visits to track five categories of activity, weighted…
Bitcoin (BTC) is up 87% this year, even before today’s rally to $31,000, but the asset’s rising tide has lifted public stock for crypto companies to even greater heights. For one, shares in the Grayscale Bitcoin Trust (GBTC)—the world’s largest Bitcoin fund—have risen 196% since the start of the year, proving a far more profitable choice for buyers over the…
BlackRock’s Bitcoin exchange-traded fund (ETF) might be close to launching. A ticker for the iShares Bitcoin Trust, IBTC, has been listed by the Depository Trust & Clearing Corporation (DTCC). The DTCC is a massive piece of behind-the-scenes infrastructure in U.S. financial markets. It handles an astounding $2.3 quadrillion—that’s $1 billion times $2.3 million—worth of stock sales annually, which makes it…
The United States Court of Appeal has issued a mandate following a decision requiring Grayscale Investments application for a spot Bitcoin exchange-traded fund to be reviewed by the Securities and Exchange Commission (SEC). In an Oct. 23 filing in the U.S. Court of Appeals for the District of Columbia Circuit, the “formal mandate” of the court took effect, paving the way…
In the last week, several major financial regulators, both national and international, simultaneously produced new guidelines for decentralized assets. The European Banking Authority and the European Securities and Markets Authority proposed guidelines for assessing the suitability of management members in crypto firms, offering standardized criteria for evaluating their knowledge, expertise, integrity and ability to dedicate adequate time to fulfill their…
For two years, the cryptocurrency world has been waiting to see how the Internal Revenue Service (IRS) would implement the Infrastructure Investment and Jobs Act. Put simply, this law established new reporting requirements that risked setting a de facto ban on cryptocurrency mining and exposing millions of Americans to new felony crimes. The good news is that the IRS’s nearly…
The digital yuan has been used for the first time to settle an oil transaction, the Shanghai Petroleum and Natural Gas Exchange (SHPGX) announced. PetroChina International bought 1 million barrels of crude on Oct. 19. The transaction was a response to a call by the Shanghai Municipal Party Committee and Municipal Government to apply the Chinese central bank digital currency…
Bitcoin is showing renewed strength and targeting yearly highs. Will altcoins follow suit? Source: https://cointelegraph.com/news/price-analysis-10-23-spx-dxy-btc-eth-bnb-xrp-sol-ada-doge-ton
Bitcoin soared past $31,000 per coin on Monday as hype around a spot Bitcoin ETF led to increased optimism in the space. The largest digital asset by market cap was priced at $31,284 at the time of writing, a rise of nearly 5% in 24 hours, according to CoinGecko. The coin is up more than 11% in the past seven…
