The artificial intelligence (AI) startup Humane released a physical device on Nov. 10 that serves as a wearable AI virtual assistant. The AI Pin is a lapel pin-style device that the user wears and taps to speak with a virtual AI-powered assistant. It is equipped with technology from OpenAI, the creator of the well-known chatbot ChatGPT, and has cloud computing…
Month: November 2023
Ethereum, Bitcoin users reignite scalability debate as gas fees surge
Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours. Source: https://cointelegraph.com/public/index.php/news/ethereum-bitcoin-gas-fee-surge-reignite-scalability-debate
Bitwise insists ‘no affiliation’ with startup facing SEC charges
Crypto index fund manager Bitwise Asset Management has stressed that it has no relationship with the failed technology startup Bitwise Industries, which is currently facing charges from the United States Securities and Exchange Commission. Today we announced charges against Jake Soberal and Irma Olguin, Jr., the former co-CEOs of Fresno, California-based private technology services startup Bitwise Industries Inc., for misleading…
47 countries pledge to authorize the crypto-asset reporting framework by 2027
Just under 50 national governments have issued a joint pledge to “swiftly transpose” the Crypto-Asset Reporting Framework (CARF), the new international standard on automatic exchange of information between tax authorities, into their domestic law systems. The statement was published on Nov. 10. The Organisation for Economic Cooperation and Development (OECD) published the CARF in 2022. Developed from an April 2021…
CME tops Bitcoin futures OI as ‘real facts’ drive institutional uptake
Bitcoin (BTC) faces a “torrent” of institutional inflows in the run-up to a United States exchange-traded fund (ETF) approval. That is the perspective of Dan Tapiero, founder and CEO of 10T Holdings, who has joined the bulls eyeing a sea change in institutional Bitcoin adoption. Tapiero: Mass capital inflows “about to hit” Bitcoin As excitement over the potential go-ahead for…
Turkish Lira becomes top crypto trading pair on Binance in Sept 2023
The Turkish Lira (TRY) became the most dominant fiat trading pair on Binance in the month of September, according to the crypto exchange’s research. Turkish Lira accounted for 75% of all fiat volume in early September despite being the fourth-largest crypto market globally in terms of transaction volume after the United States, India and the United Kingdom, respectively. The TRY…
SafeMoon CEO bail release goes on hold after Feds cite flight risk
Prosecutors argued SafeMoon CEO Braden John Karony poses a flight risk given his alleged access to funds and overseas connections. Source: https://cointelegraph.com/app/public/index.php/news/safemoon-ceo-bail-release-stayed-after-fed-challenge
CME overtakes Binance to grab largest share of Bitcoin futures open interest
Binance’s dominance of Bitcoin futures open interest has been toppled by traditional derivatives market place heavyweight Chicago Mercantile Exchange (CME), following Bitcoin’s first move past the $37,000 mark in over 18 months. A number of analysts highlighted the ‘flippening’ of Binance by CME, with the latter overtaking the global cryptocurrency exchange for the largest share of Bitcoin futures open interest.…
Ethereum, Bitcoin users reignite scalability debate as gas fees surge
Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours. Source: https://cointelegraph.com/app/public/index.php/news/ethereum-bitcoin-gas-fee-surge-reignite-scalability-debate
Roblox CEO ‘dreams’ of in-game cross-platform NFTs and digital objects
The frontman of the popular virtual universe game Roblox, David Baszucki, has said he ‘dreams’ of having the ability to move nonfungible tokens (NFTs) and digital objects across multiple platforms. Following the company’s Q3 2023 earnings call, Roblox founder and CEO Baszucki spoke about the role major influencers play in fueling the widespread adoption of NFTs and digital collectibles in a…