Day: September 13, 2023

Top Tech Personalities Like Musk, Gates to Meet US Senators for AI Forum

This would be one of the biggest gatherings between US lawmakers and top tech personalities wherein they would be discussing the future of AI. Later today on Wednesday, September 13, more than 20 tech industry leaders are meeting behind closed doors with the US senators to look into how Congress can regulate artificial intelligence (AI). Top tech personalities such as Elon Musk, Mark Zuckerberg and Bill Gates are meeting. Expected attendees at the event include Senators Mike Rounds, Martin Heinrich, and Todd Young, as well as AFL-CIO President Liz Shuler.…

Ponzi vs. pyramid schemes: What’s the difference?

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A pyramid scheme is a dishonest investment plan that lures people with claims of large profits, usually by recruiting new participants.  Individuals involved in a pyramid scheme are required to make an initial financial investment, and rather than engaging in genuine product or service sales, their primary emphasis is on convincing others to become part of the scheme. A hierarchical pyramid structure is created by the new recruits’ responsibility to bring on new recruits, who will bring on more participants. Early participants frequently receive payments for their profits from later…

Nasdaq Files Application for Hashdex Ethereum ETF with SEC

Hashdex’s rivals, such as Ark Invest and 21Shares, have also approached the SEC with their separate applications for spot Ether ETFs. Popular US-based stock exchange Nasdaq has formally filed an application with the Securities and Exchange Commission (SEC) seeking approval to list an Ethereum (Ether) Exchange-Traded Fund (ETF). This innovative investment vehicle is crafted to combine spot ether holdings and futures contracts within its portfolio, paving the way for a novel approach to crypto investment that conforms to regulatory guidelines. According to the filing submitted on September 11, the investment…

A Guide to the Future of Digital Assets – Blockchain News, Opinion, TV and Jobs

Non-fungible tokens (NFTs) are a type of digital asset that is unique and cannot be replaced. They are created using blockchain technology, which is the same technology that powers cryptocurrencies like Bitcoin and Ethereum. NFTs can represent anything from digital artwork to in-game items to real estate. What are NFTs? The term “non-fungible” means that something is unique and cannot be replaced. For example, a bitcoin is fungible, meaning that one bitcoin is interchangeable with another bitcoin. However, an NFT is non-fungible, meaning that each NFT is unique and cannot…

BNB Chain’s Layer 2 Network opBNB Goes Live

“Scalability and security are the top priorities of opBNB,” said Arno Bauer, Senior Architect at BNB Chain, in a message to CoinDesk. “Before opening the mainnet to the public, stringent criteria had to be met. This included High Availability (HA), 4K Transactions Per Second (TPS), rigorous stress testing, reduced gas costs under 0.2 gwei, fast finality under 1 second, and enhanced security with multiple external audits.” Source

Solana Potential Rebound: $30 Target In Sight

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The Solana (SOL) community has been closely monitoring the crypto’s price movements as it endures a relentless downward trend. Notably, this corrective phase has adhered to a distinct pattern, encapsulated within two converging trendlines, forming what technical analysts identify as a descending wedge formation.  Historically, such patterns have acted as precursors to substantial bullish surges upon breaking free from the upper resistance. The question that now lingers in the minds of crypto enthusiasts: Is Solana poised for a bullish turnaround, or should we brace for more market turbulence? At present,…

Ripple CEO Brad Garlinghouse Says 80% of the Staff He Will be Hiring Will Be Outside of the US

“You see markets like we have here in Singapore, certainly even what we’re seeing in Hong Kong, the U.K., Dubai, where the governments are partnering with the industry, and you’re seeing leadership, providing clear rules and you’re seeing growth, Garlinghouse said. “And frankly, that’s why ripple is hiring there, 80% of our hiring this year will be outside the United States.” Source

Telegram Integrates TON-Based Web3 Wallet into Its Platform

As of the latest available data from CoinMarketCap, Toncoin holds the position of the 11th largest crypto by market capitalization, with an estimated market cap of around $6 billion. Telegram, the renowned messaging app with a user base of 800 million, is set to usher in a new era of digital ownership by integrating the TON-built Web3 wallet into its platform. This remarkable move follows the success of the standalone TON wallet bot, which boasts 3 million registered users. With this integration, Telegram is taking a giant leap toward making…

Oasys Joins Hands with AGLD DAO to Boost Onchain Gaming

With this collaboration, Adventure Gold DAO’s native token, $AGLD, will also be accessible on Oasys, enhancing collaboration and innovative gaming experiences. Oasys, a blockchain platform optimized for gaming, has entered into a strategic partnership with Adventure Gold DAO (AGLD DAO), marking a significant milestone in the development of a collaborative ecosystem. This partnership aims to enhance the world of fully on-chain games and further support the growth of Autonomous Worlds. Leveraging Oasys’ cutting-edge gas-free architecture and AGLD DAO’s infrastructure and dedication to Autonomous Worlds (AW), creators within the Oasys Chain…