ALSO: Venture capitalists and others have abandoned blockchain for the seemingly greener pastures of AI, but they may be falling for the hype of a technology that has yet to prove itself substantially. Original
Coinbase’s latest report reveals that more than half of the Fortune 100 companies in the US have actively embraced crypto, blockchain, and web3 technologies in recent years, signaling a growing adoption trend despite regulatory challenges. Fortune 100 firms embracing crypto despite regulatory uncertainty A recent research report released by Coinbase, a leading cryptocurrency exchange, highlights a significant shift in the business landscape as more than half of the Fortune 100 companies in the U.S. have embraced crypto, blockchain, and web3 technologies since 2020. These large companies, ranked by revenue, are…
Huobi Global Ltd. has announced plans to discontinue ten trading pairs, predominantly those associated with the USDD stablecoin, as part of their ongoing efforts to optimize user trading experiences. Renowned digital currency exchange Huobi Global Ltd. stated that it will discontinue ten specific trading pairs, primarily those connected to the USDD stablecoin. This stablecoin, issued by the TRON DAO Reserve, has significant backing from well-known digital asset entrepreneur Justin Sun. Huobi intends to delist trading pairs involving the ADA token of Cardano, SOL of Solana, APE of ApeCoin, MATIC of…
The United States Secret Service has finally shed more light on its bizarre nonfungible token (NFT) collection sitting on OpenSea. The NFT collection was first revealed during a Reddit AMA on May 16, where agents answered questions from members of the r/cryptocurrency subreddit about their involvement in crypto and blockchain tech. Until this time, not much of an explanation was provided about the NFT collection or why it exists. Speaking to Cointelegraph, agents from the Secret Service’s San-Francisco field office, known as the “Digital Asset Technology Alliance” (DATA) Squad, said…
With talk about integrating artificial intelligence and the cryptocurrency industry mostly focusing on how AI can help the crypto industry combat scams, experts are failing to pay attention to the fact that it could have the complete opposite effect. In fact, Meta recently warned that hackers appeared to be taking advantage of OpenAI’s ChatGPT in attempts to gain entry into users’ Facebook accounts. Meta reported blocking more than 1,000 malicious links masked as ChatGPT extensions in March and April alone. The platform went as far as calling ChatGPT “the new…
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