Tag: Introduction

SBF’s lawyers ask court to allow introduction of Anthropic evidence

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In a motion filed on Oct. 10, Sam “SBF” Bankman-Fried’s lawyers requested that the court allow for the introduction of evidence supporting positive investment outcomes, such as an investment in the artificial intelligence (AI) startup Anthropic.  This comes after United States prosecutors filed a request on Oct. 9 to bar SBF’s legal team from making any arguments related to FTX customer funds recovery through the Anthropic investment. Bankman-Fried made a $500 million investment in the AI startup in April 2022 before the exchange’s collapse. The U.S. Department of Justice (DOJ) is…

Putin signs law on introduction of digital ruble in Russia

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Russia is moving forward with its central bank digital currency (CBDC), after President Vladimir Putin signed the digital ruble bill into law on July 24 according to an official document published by the state. With this approval, the digital ruble law is now officially scheduled to take effect from Aug. 1, 2023, with all but one rule ready to be enforced. The article number 3 — which includes amendments to several Russian federal laws including those related to bankruptcy and inheritance — is expected to take effect from August next year.…

Introduction to Blockchain Forensics: Unveiling the Power of Transparency and Security

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Blockchain technology has revolutionized the world of finance and digital transactions. With its decentralized, transparent, and secure architecture, it has become an essential component of the modern digital economy. However, as the popularity of cryptocurrencies and blockchain-based applications continues to rise, so does the need for effective tools to analyze, monitor, and trace transactions on the blockchain. Blockchain forensics is an emerging discipline that helps to unveil the power of transparency and security inherent in blockchain technology. In this article, we delve into the world of blockchain forensics, exploring the…

An introduction to decentralized NFT catalogs

Over the last year, venture capitalists poured more than $4.6 billion into infrastructure and projects related to nonfungible tokens (NFTs). This infrastructure now needs users. They will come when people understand that they can apply these NFTs not just for speculative purposes but to design and structure their everyday activities. For these, they don’t need NFTs — they need to sort their lives out. And, decentralized catalogs are there to help them do it. We can think about an NFT as a book someone owns, and this ownership is recorded on…

Tether Joins the Polygon Network with Introduction of its Stablecoin

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Tether has further stretched the company’s reach and influence with the introduction of a dollar-pegged stablecoin (USDT) on the Polygon Network, a deal that extended the stablecoin to over 11 blockchain networks. Through its relationship with Tether, the Polygon ecosystem is expected to have a stable currency for investors, which will help generate yield in and out of the network. This will all be achieved through the integration of Tether’s stablecoin USDT, which is tied to 1:1 to the U.S. dollar and has a market capitalization of about $73 billion.…

A Brief Introduction to the Rapid Expansion of the Gaming Industry

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Very few modern industries can claim a year-on-year growth rate of over 30%, especially with the global impacts of the pandemic, which stalled progress within many fields. However, one industry that’s seen incredible growth over the past 20 years and continues to do so is gaming – which currently has a total value of nearly 200 billion USD. But, when you take a step back and realize that there are 3.2 billion gamers worldwide, 2.2 billion of which actively play through their mobile devices, it’s no surprise that this industry…

TRON Grand Hackathon 2022 takes off alongside the introduction of its new community forum

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Last Thursday, TRON DAO and BitTorrent Chain (BTTC) announced the launch of the TRON Grand Hackathon 2022 and its first-ever TRONDAO Forum. Registration for the Hackathon began appropriately on Valentine’s Day, February 14, just in time to spread the love for new entrepreneurs, engineers, and designers, to have the chance to add to the advancement of Web 3.0 and the blockchain industry. The hackathon focuses on allowing developers to experiment and leverage the TRON blockchain and the BitTorrent Chain (BTTC) to create a plethora of projects spanning DeFi (Decentralized Finance),…

Statement on mandatory vaccination and COVID status check schemes ahead of their introduction in Scotland and Wales

Ahead of the introduction of mandatory vaccination and COVID status checks in Scotland and Wales, the UK Information Commissioner, Elizabeth Denham, said: “While it is for the governments across the UK to decide if and how mandatory vaccination and COVID status checks are introduced, my office has always been clear that data protection law does not stand in the way. Instead, it allows for the trusted and responsible sharing of personal data where it is necessary to protect public health. “That trust is key to the success of these schemes.…