Scientists illuminate a path to quantum AGI with new light-based chips
Recent breakthroughs in photonic computing could finally make human-level AI possible. Go to Source
Month: August 2024
Coinbase Challenges CFTC Proposal, Advocates for Balanced Regulation of Event Contracts
Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading Commission’s (CFTC) proposed rule to ban certain event contracts. Coinbase has also formally responded to the proposal, urging the CFTC to reconsider its stance, which the company argues could stifle innovation in the prediction markets. Coinbase Urges CFTC … Read more
Synthetix to add Chainlink when v3 exchange launches on Arbitrum
It could be followed with deployments on Optimism and Base. Go to Source
Trump Jr. to launch DeFi platform, $510B sell-off wipes 2024 crypto gains: Finance Redefined
The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform. Go to Source
BDAG’s $2M Giveaway Outshines VeChain & XMR Price Slump
BlockDAG’s $2M Giveaway Countdown Begins: 3 Days Left to Win Big; VeChain & Monero Prices Struggle to Keep Up Monero’s recent price dip has caught the attention of many, as it teeters on the edge of a potential decline, threatening a three-month uptrend. Meanwhile, VeChain’s latest partnership with the Crypto Carbon Ratings Institute signals a … Read more
Kyrgyz Republic proposes digital som legislation, CBDC launch by 2027
The small Central Asian country is currently taking public comments on its framework legislation. Go to Source
Ripple Starts Beta Testing of USD-Pegged Stablecoin on XRP Ledger and Ethereum
Ripple Labs has initiated beta testing for ripple usd (RLUSD), a stablecoin pegged to the U.S. dollar, on both the XRP Ledger and Ethereum mainnets. The stablecoin is currently not available for public trading as it awaits regulatory approval. Ripple’s USD-Backed Stablecoin Enters Beta Phase Ripple usd or RLUSD, designed to maintain a 1:1 value … Read more
Bitcoin’s V-shaped recovery could put BTC on path to new all-time high — Analysts
Bullish traders bought Bitcoin’s recent dip, possibly setting BTC on the way to a new all-time high. Go to Source
Ripple begins testing RLUSD stablecoin on mainnet
Ripple believes the total stablecoin market will swell to $2 trillion by 2028 as demand for the low-volatility fiat-pegged tokens grows. Go to Source
Bloomberg’s Mike McGlone: Recession Fears Could Drive Gold to $3,000
In a recent interview with Kitco News, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, warned that the current economic situation might surpass the 2008 financial crisis in severity. Drawing comparisons to pre-2008 indicators, McGlone highlighted significant risks of increased stock market volatility and global recession, particularly emphasizing economic challenges in China. He suggested that … Read more