Tag: News

What is Shibarium? | Blockchain News

Introduction to Shibarium Shibarium is a Layer 2 (L2) blockchain solution developed by the Shiba Inu project, a decentralized community inspired by the Ethereum blockchain. The development of Shibarium is part of the Shiba Inu project’s mission to create a decentralized ecosystem that includes its own blockchain, decentralized exchange (ShibaSwap), and various tokens (SHIB, LEASH, and BONE). As stated in the official Shiba Inu blog, Shibarium is “being built to fulfill Ryoshi’s vision” and is seen as a “transitional evolution of the Shiba Ecosystem”. The Genesis of Shibarium Shibarium was…

What is Conch AI? | Blockchain News

Conch AI is an artificial intelligence (AI)-powered writing assistant that was launched in the early 2020s. The tool utilizes machine learning and natural language processing algorithms to analyze and understand text-based data, offering a range of features to enhance the writing process. Overview Conch AI is a comprehensive writing assistant that allows users to rewrite sentences and paragraphs, summarize sources, answer questions, and generate introductions, conclusions, and outlines. It also has a built-in AI detector bypasser, which helps users avoid detection by algorithms like GPTZero and Turnitin. The tool is…

Why Nasdaq Backing Out of Custody Is Bad, Bad News for Crypto

Notably, in February, the SEC voted to expand its existing regulations over all trading and lending firms by requiring them to keep customer assets with “qualified custodians,” meaning chartered bank or trust companies, SEC-registered broker-dealers or Commodity Futures Trading Commission (CFTC) derivatives merchants. Crypto speaks about the proposal as the “custody rule.” Source

GOP Lawmakers Suggest Gensler’s SEC Is Gaming News Cycle to Thwart Crypto Legislation

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Ripple预期美国银行将采用其XRP加密货币 | Blockchain News

在法院裁决XRP代币不一定是证券后，总部位于旧金山的区块链初创公司Ripple对美国银行和金融机构采用其XRP加密货币进行跨境支付持乐观态度。 Ripple的总法律顾问Stu Alderoty告诉CNBC，该公司预计将在2023年第三季度开始与美国金融公司讨论使用其On-Demand Liquidity (ODL)产品。ODL产品使用XRP进行资金转账，为跨境交易提供了更快、更具成本效益的解决方案。 美国证券交易委员会（SEC）对Ripple的指控在最近的一项决定中被纽约法院驳回，法院裁定XRP “并不一定是证券”。 自SEC对Ripple及其两位高管非法提供13亿美元XRP的指控后，法律官司已经打了三年。Ripple否认了这些指控，声称XRP更像是商品而不是证券。 尽管这项裁决并未代表Ripple的全面胜利，因为一些代币的销售确实符合证券交易的条件，但Alderoty表示乐观。他表示，这个决定可能会给潜在客户带来安慰，并激发关于解决跨境价值转移和相关费用的实际问题的讨论。 目前，Ripple的大部分业务来自美国以外。 2023年6月22日，Ripple的新加坡子公司Ripple Markets APAC Pte Ltd获得了新加坡金融管理局（MAS）对主要支付机构许可申请的原则性批准。 这个批准使Ripple能够在新加坡提供受监管的数字支付代币产品和服务，同时也扩大了其加密启用的On-Demand Liquidity (ODL)服务的采用。 2022年，Ripple的ODL服务在全球范围内实现了显著增长，其中大部分增长由其在新加坡的运营推动。 2023年7月8日，Ripple的CBDC团队揭示了一种开创性的用例 – 房地产代币化。这种方法使用户能够将房地产资产代币化，并将其作为贷款抵押，可能增加更多个人获得房地产融资的机会。这将通过使用安全、私有和获得许可的账本，也就是Ripple CBDC平台，来实现。 Source link

What is Bitcoin Ordinals? | Blockchain News

Bitcoin Ordinals, also known as digital artifacts, are a way to inscribe digital content on the Bitcoin blockchain. They were introduced in January 2023 by Casey Rodarmor, a programmer and artist, who saw an opportunity to create a unique experience on the Bitcoin blockchain similar to non-fungible tokens (NFTs) on Ethereum and other blockchains. What are Bitcoin Ordinals? Bitcoin Ordinals are a system for numbering and tracking individual satoshis (the smallest unit of Bitcoin), transforming them into non-fungible tokens (NFTs). Ordinals are based on ordinal theory, which gives individual identities…

Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities

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Ripple may be holding its breath a bit longer after a United States District Judge refused to rule on if the secondary sale of LBRY Credits (LBC) constitutes a security. On July 11, New Hampshire District Court Judge Paul Barbadoro made the ruling in the case the United States Securities and Exchange Commission (SEC) brought against the decentralized content platform LBRY. The ruling may have offered legal precedent to fellow District Court Judge Analisa Torres, who is set to make a decision on the SEC’s case against Ripple in the…

What Is Web 4.0? | Blockchain News

Web 4.0 (or Web4) is an innovative concept outlined by the European Commission, designed to compete with the rapidly emerging trend of Web 3.0, which is gaining significant momentum in countries or regions such as the USA, Mainland China, Hong Kong, and Singapore. The Commission’s vision for Web 4.0 aims to position the European Union at the forefront of the next technological transition, surpassing the decentralization of Web 3.0. Characteristics Web 4.0 is anticipated to provide truly intuitive, immersive experiences by seamlessly integrating digital and real objects and environments, enhancing interactions between humans and machines. This…

What is Web3? | Blockchain News

Web 3.0, frequently abbreviated as Web3, is often recognized as the upcoming or third generation of the internet. It builds upon Web 1.0, characterized primarily as read-only, and Web 2.0, which introduced interactive user-generated content and sharing capabilities. Key components of Web3 include: Decentralization: In a departure from the single-server model owned by one entity, data and operations in Web3 are distributed across a network, enhancing both fairness and resilience. Blockchain: Functioning as the backbone of Web3, blockchain provides decentralized data storage and operations. It enables asset transfers that are…

AI-generated fake news sparks rumors of Gary Gensler’s resignation

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False rumors have again been spreading over the resignation of United States Securities and Exchange Commission (SEC) chair Gary Gensler — this time, however, artificial intelligence has seemingly played a part. On July 1, a news story appeared on a website dubbed “thecryptoalert.com” claiming that SEC chair Gary Gensler had “submitted his resignation following an internal investigation,” citing an anonymous official. However, Cointelegraph found the article’s text scores high on third-party AI-detector ZeroGPT, scoring 96.8%, signaling a high degree of AI text generation. The website also appears to be very…