One of Europe’s largest telecommunications companies is using its infrastructure to explore new revenue streams and boost network security as a validator for blockchain protocols. Germany’s Deutsche Telekom is set to become a validator for Ethereum layer-2 scaling platform Polygon, becoming one of 100 validators providing staking and validation services for the network and Polygon’s Supernets solution. Polygon is an important layer 2 in the Ethereum ecosystem, offering developers a range of scaling solutions, including zero-knowledge rollups, sidechains and data availability protocols. Related: Polygon’s ‘holy grail’ Ethereum-scaling zkEVM beta hits mainnet Deutsche…
Day: June 1, 2023
Salesforce Beats Projections in Fiscal Q1 2024, Lifts Full-Year Guidance
Although Salesforce raised its earnings forecast for FY24, the revenue prediction remains intact. Salesforce Inc (NYSE: CRM) surpassed analyst expectations in its fiscal Q1 2024 financial performance, with earnings coming in at $1.69 per share. As earnings were about $0.08 higher than estimates, the software company also reported better-than-expected revenue for the fiscal quarter. Salesforce said it has $8.25 billion in revenue for the fiscal Q1 2024, while analysts predicted $8.18 billion. Salesforce Records Impressive Figures in Fiscal Q1 2024 According to the quarterly report, the company’s revenue for the…
SBF Wants to Subpoena Documents from Former FTX Law Firm to Beat Fraud Charges
Lawyers representing SBF say that these documents from the former FTX law firm contain information that could absolve the former CEO. Sam Bankman-Fried (SBF) is trying to beat the fraud charges levied against him by requesting documents from the law firm that provided counsel for him, Alameda Research and FTX. According to a court filing, SBF wants to subpoena these documents, as he believes they would help him with his forthcoming court case. SBF believes he can use documents from the law firm, Fenwick & West, to prove he did not…
Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure
Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March. Source
Obligate DeFi Platform on Polygon Lists EUROe-Stablecoin Bond
Obligate, which is built on the Polygon blockchain, helps small and medium-sized enterprises by providing a safe and transparent way of issuing, tracking and settling debt, and with the thresholds to issue bonds lowered, companies in developing and emerging markets can gain increased access to funding. Source
ONFO coin CEO found dead in United States
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The co-founder of ONFO coin, a referral-based cryptocurrency project, Dr. John Forsyth, was found dead with an apparent gunshot wound, about a week after his disappearance. Police reportedly informed the family of his passing away on late May 30. Despite the circumstances, authorities do not currently suspect foul play. Dr. Forsyth, also an emergency room doctor at Mercy Hospital in Cassville, Missouri, was reported missing on May 21, when he did not report for his hospital…
Pixel Penguin accused of ‘charity rug,’ Epic adds new NFT games and more…
The Pixel Penguin alleged ‘charity project rug’ Nonfungible-token (NFT) project Pixel Penguin has caused a stir this week in what a blockchain investigator ZachXBT has alleged is a “charity project rug.” The project quietly launched in February, but drew a lot of attention on May 31 following a Twitter thread from Web3 influencer Andrew Wang. I woke up today to see one of my friends trending on twitter, @Hopeexist1. she made a collection to help herself battle cancer and some awesome web3 people spotlighted her today, so i’d like to…
Australia asks if ‘high-risk’ AI should be banned in surprise consultation
The Australian government has announced a sudden eight-week consultation that will seek to understand whether any “high-risk” artificial intelligence tools should be banned. Other regions, including the United States, the European Union and China, have also launched measures to understand and potentially mitigate risks associated with rapid AI development in recent months. On June 1, Industry and Science Minister Ed Husic announced the release of two papers — a discussion paper on “Safe and Responsible AI in Australia” and a report on generative AI from the National Science and Technology…
AI Chatbot trained on Satoshi’s legacy allows talking to bitcoin creator
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Pierre Corbin and Hugo Ferrer, co-developers and enthusiasts of artificial intelligence, have introduced an AI chatbot named ‘Talk2Satoshi’. The bot is designed to replicate the insights of bitcoin’s (BTC) enigmatic creator, Satoshi Nakamoto, answering queries about crypto and economics in his style. The mysterious creator of Bitcoin, Satoshi Nakamoto, might have vanished over a decade ago. Still, his voice is being resurrected in a new AI chatbot ‘Talk2Satoshi’, launched by Bitcoin FilmFest co-organizer Pierre Corbin and…
TD Cowen Shuts Institutional Cryptocurrency Division
American investment bank TD Cowen has closed down its cryptocurrency unit, Cowen Digital, today (Thursday), just over a year after its launch, without providing any proper explanation. “Today will be the last day for the team here at Cowen Digital,” the investment bank stated in an email sent to its staff yesterday (Wednesday), according to Bloomberg News. Cowen Digital had roughly eleven employees. Cowen Digital was launched last year in March to facilitate cryptocurrency market exposure to institutions. The platform offered 16 crypto assets at launch, including Bitcoin Bitcoin While…