Category: Blockchain

CFTC Files Fraud Charge Against ‘Blockchain’ Entity That Claims To Grow Customer Funds

The Commodity Futures Trading Commission has filed a complaint in the US District Court for the Middle District of Florida against four individuals and their unincorporated entity, Fundsz. This complaint accuses them of fraudulent solicitation from customers to supposedly trade in cryptocurrencies and precious metals. According to its website, Fundsz claims to be a decentralized platform that utilizes “revolutionary” blockchain technology that empowers individuals, charities, and institutions to raise recurring and sustainable income.  Fundsz Makes Up Fictional Weekly Returns For Clients, CFTC Says In a press release published on August…

Money In The Net! FC Barcelona Clinches $132 Million Investment To Kickstart Blockchain Journey

FC Barcelona has recently announced significant developments in its digital expansion strategy, with the entry of new strategic partners and a merger agreement.  The renowned Spanish football club aims to accelerate the growth of its digital ventures, Barça Vision and Barça Media, and tap into the world of Web3, blockchain, NFTs, and metaverse technologies. FC Barcelona Strategic Partnership To Propel Digital Growth Barça Vision, the Club’s initiative to integrate all digital content under the Web3 and blockchain umbrella, has been substantially boosted through investments by LIBERO football finance AG and…

FC Barcelona secures $132M investment for blockchain and NFT venture

Spanish football club FC Barcelona has secured a €120 million ($132 million) investment from Libero Football Finance AG and Nipa Capital B.V. for its Web3 initiative Barça Vision. According to the Aug. 11 announcement, FC Barcelona sold a 29.5% stake in Bridgeburg Invest, the holding company for Barça Vision, in exchange for the capital. “Barça Vision is the Club’s initiative to integrate all digital content around Web3 and blockchain including nonfungible tokens (NFTs) and metaverse, which are part of the Club’s strategy to build the digital Espai Barça,” developers wrote.…

What is FreedomGPT? | Blockchain News

Introduction to FreedomGPT FreedomGPT is an open-source AI chatbot initiative, emphasizing uncensored, private, and unbiased interactions. Launched by Age of AI, LLC, FreedomGPT’s mission is to democratize artificial intelligence, making it accessible, uncensored, and free from corporate or governmental control. This unique approach sets a new standard for AI interaction, emphasizing user privacy and unbiased communication. The goal of FreedomGPT  is to  “illustrate that AI Safety isn’t advanced through censorship. Additionally, we believe every company and individual should have access to their own 100% private LLM.” Technology and Design: Leveraging…

Blockchain Encyclopedia IQ.wiki Deploys ChatGPT-Based Search Function

“Reading through a 1,000 word encyclopedia entry to answer a question is difficult and time consuming for users, and the GPT-4 search engine solves that as users can simply ask a question,” said Navin Vethanayagam, Chief Brain of IQ.wiki. “At the same time, by making information search easier, the search engine, called IQ GPT, helps fight misinformation and makes onboarding easier for new traders,” he added. Source link

What is Helium Mining? | Blockchain News

Helium mining is the process of providing wireless coverage for the Helium Network, a decentralized network designed to support Internet of Things (IoT) devices. Participants, known as helium miners, deploy helium mining hotspots to contribute to the network’s coverage and are rewarded with tokens. Helium is “a global, distributed network of Hotspots that create public, long-range wireless coverage for LoRaWAN-enabled IoT devices and cellular devices”. The Helium Network and Helium Mining Hotspots Launch Date: 2019 Mission: To create a decentralized, open-source, accessible, and secure wireless network. Coverage: Helium miners have deployed…

Aptos token rises 11.6% after Microsoft deal to marry AI with blockchain

Aptos (APT), the cryptocurrency powering layer-1 blockchain Aptos Network, is up approximately 11.6% since announcing it will leverage Microsoft’s suite of artificial intelligence tools to advance Web3 adoption among banks and financial enterprises. This will be achieved by enabling the Aptos Network to tap into Microsoft’s Azure OpenAI service to explore innovations in asset tokenization, on-chain payments and central bank digital currencies, Aptos explained in an Aug. 9 statement. Today, we’re making Aptos history.@AptosLabs is partnering with @Microsoft to unlock Web3 on the @Aptos_Network. As an @msPartner, our joint suite…

Coinbase Launches ‘Base’ Blockchain, in Milestone for Public Company

“Historically the aperture of what people can do with crypto has been relatively limited, mostly speculation,” Pollak said. “In order for Coinbase and crypto and this work that we’re doing to have the impact that we all want, we need to move from the place where this is speculation to a place where this is integrated into every part of someone’s day-to-day existence.” Source link

Decentralized Exchange PancakeSwap Launches on Arbitrum Layer-2 Blockchain in Expansion Drive

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…