Bitfury chief executive officer and co-founder Valery Vavilov reportedly said that the company created its AI unit. Blockchain startup BitFury launched an artificial intelligence (AI) unit, Reuters reports on Aug. 13. “Data is the new oil” Bitfury chief executive officer and co-founder Valery Vavilov reportedly said that the company’s dive into AI is motivated by […]
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Etihad Airways has partnered with blockchain-based platform Winding Tree to explore how blockchain can aid in products distribution excluding third parties. The national carrier of the United Arab Emirates Etihad Airways has partnered with blockchain-based platform for the travel industry Winding Tree to explore how blockchain can aid in distribution. Logistics see greater adoption of […]
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The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange’s cryptocurrency reference rates. The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange (CME Group)’s cryptocurrency reference rates. As revealed in an official tweet from CME Group on Aug. 8, Gemini […]
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A study reveals that more than 80% of all crypto related posts on Reddit are positive in nature, sentiment toward crypto on a rise in recent years… Despite all of the bad press that the digital asset industry continues to receive on an almost daily basis, it appears as though the overall sentiment of the […]
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State-sponsored attacks on exchanges and banks generated considerable revenue under sanctions, new report claims. North Korea has netted around $2 billion by hacking banks and cryptocurrency exchanges, according to the United Nations (U.N.). UN: Hacked crypto funds weapons of mass destruction In a confidential report acquired by mainstream media outlets including Reuters on Aug. 5, […]
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Volvo is producing electric cars with cobalt mapped on a blockchain. Automaker Volvo Cars, owned by Chinese automotive group Geely, has produced electric cars with cobalt mapped on a blockchain, Reuters reports on Aug. 2. Blockchain used to combat child labor Per the report, Volvo also joined a project to monitor cobalt from Democratic Republic […]
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Apple has included a stipulation in its Apple Card agreement that says crypto purchases count as cash advances or similar, which are forbidden. According to the Apple Card Customer agreement, users will not be permitted to buy cryptocurrencies using the company’s upcoming credit card service. Goldman Sachs published the agreement on July 2, according to […]
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Former Japan Central Banker says that Facebook’s Libra is likely to undermine sovereign monetary policy in countries with low market trust. Any country seeing widespread use of Facebook’s proposed Libra digital currency could find that its central bank monetary policy is severely undermined. This is the view of Hiromi Yamaoka, former Bank of Japan executive, […]
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Facebook isn’t avoiding the U.S. to skimp on compliance, but because Switzerland is better for crypto. Among all the issues cropping up in Facebook’s recent hearing in the United States Congress regarding its new Libra cryptocurrency, the matter of location was perhaps the thorniest. Testifying before various banking and financial committees, Libra co-creator David Marcus […]
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Swiss privacy regulators have said that social media titan Facebook is lagging in its response to requests for more liaison on Libra. Swiss privacy regulators have said that social media titan Facebook is lagging in its response to requests for more liaison. An unanswered letter A Reuters report published on July 23 revealed that the […]
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