Month: May 2023

Fighting fake credentials and unfair wages

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The rise of fake credentials and teachers being undervalued and underpaid are some of the recurring problems that the education sector continues to face. Cointelegraph went on a mission to see if nonfungible tokens (NFT) can provide a solution to these headaches found in the education sector.  One of the pressing issues in education is fake credentials. On May 18, the Washington Post reported that there are about 2,800 people who purchased their credentials without attending the proper classes. They were able to pass the National Council Licensure Examination in…

Filecoin Foundation Lashes Out at SEC for Classifying FIL as Security

Grayscale also noted that it doesn’t believe that Filecoin is security and seeks to respond to the SEC staff with a legal basis for their position. Earlier this week, the US Securities and Exchange Commission (SEC) classified the cryptocurrency Filecoin as a security and even asked asset manager Grayscale to pull up their application for the Grayscale Filecoin Trust. However, Filecoin has rejected the observation from the SEC adding that FIL was not a security. The Filecoin Foundation described the blockchain network as “a decentralized, peer-to-peer network for storing files”.…

Elon Musk’s Lawyer Sends Letter to Microsoft CEO due to Abusing Twitter’s Data Access

The letter did not mention a lawsuit, however, Musk threatened to seek legal redress if there is such a need when he first mentioned this violation back in April. There appears to be a subtle data war brewing between Twitter Inc and American tech giant Microsoft Corporation (NASDAQ: MSFT). This claim stems from the letter sent by Elon Musk’s personal lawyer Alex Spiro to Microsoft CEO Satya Nadella over the misuse of access to social media’s API. The Issue at Hand The news was first reported by the New York…

Last Remains joins Cointelegraph Accelerator

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Blockchain-based gaming has gained momentum in recent years as the novel sensation in the crypto universe, to the point where blockchain games accounted for half of all blockchain activity in early 2023. As the trend expands, new players have joined the fray, looking beyond the initial token-collection craze and shifting the focus to gameplay elements. The latest and greatest games are built with players’ evolving needs in mind, taking into account the popular genres that captivate the public, such as stealth and battle royale. On top of those, Last Remains…

Asia-Based Digital Asset Firm HashKey Group in Early Stages of Raising $100M- $200M: Bloomberg

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ChatGPT App for iOS Is Live, OpenAI Planning to Launch Android Version

Previously, one of the simplest ways to access OpenAI’s software on a mobile device was to use Microsoft’s Bing app which offers access to ChatGPT. Now, with the app, using the chatbot will be easier and faster. OpenAI Inc, a research laboratory that focuses on artificial intelligence (AI), has announced the launch of an iOS version of the ChatGPT app. According to the company, later, the app will also be available on Android. It will first be rolled out for users in the US, with more countries added in the…

Netflix Stock Jumps 9% on Ad-Tier Growth, Currently Trading at $371

Streaming giant Netflix experienced a rise in stock value Thursday after pitching advertisers at its first Upfronts session. Netflix Inc (NASDAQ: NFLX) recently saw its stock jump more than 9% on commendable ad-tier growth. On Wednesday, the entertainment and mass media company unveiled details about its new ad development to advertisers. Netflix said its new ad-supported tier is growing, as a quarter of its new subscribers chose the option. In addition, the streaming giant revealed that the cheaper ad-supported tier has a monthly active user base of 5 million. Wednesday’s session…

Bitcoin price retests key support as Fed rate hike fears steal $27K

Bitcoin (BTC) traded back below $27,000 on May 19 as analysis flagged large-volume trades pressuring price. BTC/USD 1-day candle chart on Bitstamp. Source: TradingView Inflation specter haunts crypto markets Data from Cryptox Markets Pro and TradingView showed BTC/USD hitting lows of $26,380 on Bitstamp. A modest recovery then took the pair to a range familiar from several days prior, this still in focus prior to the week’s final Wall Street open. Downside overnight came courtesy of increasing market expectations of an interest rate hike by the United States Federal Reserve…

American Crypto Exchange to Roll Out Subscription Service in 35 Countries

By launching the subscription service, Coinbase is seeking to expand its global reach. American crypto exchange Coinbase is bracing up to roll out its subscription service – Coinbase One. According to a Thursday announcement, the zero trading fee subscription service will start out in Germany, Ireland, and the United Kingdom. However, there are plans to extend the rollout to at least 32 other countries within the shortest time possible. A company statement reads: “Coinbase One is rolling out to full availability in the coming months, and we plan to expand…