In the UK, regulatory bodies remain vigilant over the development of AI technology, as major tech corporations maintain their stronghold in this domain. The U.K.’s Competition and Markets Authority (CMA) announced on April 24 that they are gathering data from significant industry figures to examine whether the growing partnership between Amazon.com and AI company Anthropic … Read more
Bitcoin experts are developing a fresh open-source project named BitVMX. This innovative platform aims to enable the creation and execution of intricate apps and features directly on Bitcoin’s fundamental level, ensuring enhanced security. BitVMX, modeled after Robin Linus’s BitVM project, is supported by RootstockLabs, a prominent Bitcoin layer-2 technology company. The objective of this initiative … Read more
According to a Fireblocks executive, there’s been increasing curiosity among institutional investors regarding decentralized finance (DeFi), yet they are hesitant due to the risks associated with on-chain transactions. To alleviate these apprehensions, Fireblocks is planning to roll out new platform features. Institutional investors dealing with Decentralized Finance (DeFi) transactions face substantial risks, according to Shahar … Read more
On April 10, Uniswap Labs was given a warning letter by the US Securities and Exchange Commission (SEC). This letter signaled the SEC’s intent to initiate legal action against the company or individual. Uniswap Labs is the team behind the development of the software powering Uniswap, a popular decentralized crypto exchange (DEX), where transactions take … Read more
Starting from April 30, the initial Bitcoin and Ether exchange-traded funds (ETFs) for spot trading have received approval to commence operations in Hong Kong. On April 24, Hong Kong’s securities regulatory body, the Securities and Futures Commission (SFC), announced its approval for the initial offering of Bitcoin and Ether Exchange-Traded Funds (ETFs), as mentioned in … Read more
Newcomers to cryptocurrency may be put off by the frequent reports of hacks in the industry, but experts in crypto security offer reassurance and suggest strategies for minimizing risks. In early January 2024, according to a report by Crypto.com, the cryptocurrency world had approximately 580 million users – marking a significant gain of around 34% … Read more