Month: April 2023

Blockchain features on WEF whitepaper as a tool to fight climate change

The World Economic Forum (WEF) has recently published a whitepaper that explains how blockchains are able to provide the needed infrastructure to fight against climate change “at speed and scale.”  We’ve just published a World Economic Forum @wef whitepaper detailing blockchain technology’s valuable role in the global effort to fight climate change. Thanks @ToucanProtocol @BL4SG_ and more than 60 ReFi organizations that contributed to this research!https://t.co/RUwb9Z5Ipy — Climate Collective (@clim8collective) April 25, 2023 According to the whitepaper, blockchain’s value to the climate action community can be split into four categories.…

How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape

One yet-to-tokenize, yet-to-launch zkEVM protocol to keep an eye on, according to van Weert, is the zkEVM startup Scroll – which has yet to deploy on Ethereum’s main network but has partnered with some big-name protocols. “They already have a very mature ecosystem on their testnet, whereas on zkSync it is lacking. I mean, the capital is there, but a lot of people are sort of sidelined on zkSync because they have already bridged their funds over, but there isn’t enough to play around with right now.” Source

Bitcoin Breaches $28,000 amid Renewed First Republic Bank Crisis

While Bitcoin still maintains a somewhat close correlation to the S&P 500, the digital currency is now being pitched as a better alternative to traditional banking. The price of Bitcoin (BTC) is dramatically on the rise despite starting the day with a bearish slump. At the time of writing, the premier digital currency is changing hands at $28,810.19 after printing a 5.41% growth over the past 24 hours. Riding on its current outlook, the cryptocurrency is now paring off the losses it accrued in the trailing 7-day period in what…

21Shares and Cathy Wood’s Ark Investment Renew Bitcoin ETF Bid amid BTC Price Rebound

The new filing comes as cryptocurrencies, and risk assets in general, are in recovery after a bad 2022. Crypto exchange-traded-product issuer 21Shares and investment firm Ark Investment Management are once again trying to get a spot Bitcoin exchange-traded fund (ETF) approved. This comes after the United States Securities and Exchange Commission (SEC) rejected two previous attempts. The firms argue that such a fund would offer protection currently not available to investors in the United States. The  ARK 21Shares Bitcoin ETF would trade under the ARKB ticker and would track the…

Bitcoin Inches Toward $29K; Cardano Leads Gains Among Crypto Majors

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Apple Working on AI-Powered Health Coaching Service

According to those familiar with the matter, the Quartz healthcare coaching app will have a monthly subscription fee. The launch date is not yet confirmed, it might be 2024 or later. Tech giant Apple Inc (NASDAQ: AAPL) is reportedly developing an application that will employ artificial intelligence (AI) and serve as a health coach. Codenamed “Quartz”, the application is designed to motivate users to take care of their health, keep track of their sleep, exercise, and make their eating habits better. The app is supposed to use AI and data…

Bitcoin Whitepaper Removed by Apple from Recent MacOS Beta

The whitepaper previously was in a folder in the Image Capture application along with several other random files like PDFs and Images. The world’s largest tech firm Apple has quietly cleared the Bitcoin white paper from the recent beta version of its operating system upgrade. On April 25th, the Apple-centric news site 9to5Mac claimed that the company had removed a test scanner application called Virtual Scanner II in the recent MacOS Ventura 13.4 beta, and consequently, the Bitcoin white paper vanished. Several hidden files in MacOS will not open without…

Binance.US Backs Out on Plans to Acquire Voyager Digital’s Assets

Voyager Digital has confirmed it received a deal termination letter from Binance.US. Binance.US, the United States arm of the Binance crypto exchange, has officially pulled out of the deal to acquire the assets of bankrupt crypto lender Voyager Digital. The digital currency trading platform revealed this through its official Twitter handle, highlighting the key reasons behind the decision. Binance.US said the deal which was first proposed in December will not be moving forward owing to the uncertainty in the regulatory environment in the US. “Binance.US has made the difficult decision…

‘No Immediate Path Forward’ in Binance Legal Battle

Now, CFTC is seeking a permanent trading and registration ban on Binance because the exchange supposedly lacks control over possible illicit transactions. The legal saga around crypto exchange Binance and its CEO Changpeng Zhao (CZ) continues as Commodity Futures Trading Commission (CFTC) is now in talks with the exchange, hoping to find a “path forward” in the battle that started last month. Back in March, the regulator filed a complaint against Binance, its co-founder Changpeng Zhao, and its former chief compliance officer Samuel Lim, accusing them of soliciting users in the US to…