Google DeepMind CEO Demis Hassabis says we may have AGI ‘in the next few years’
The CEO of Google DeepMind says human-level AI could emerge before 2033 — an event that could radically alter how...
Day: May 3, 2023
State regulators crack down on fraudulent cryptos promoted as ‘Elon Musk AI Token’ and ‘TruthGPT Coin’
According to the cease and desist order, investors are being given the impression that Elon Musk endorses "TruthGPT Coin." The...
Bitcoin Market in Disarray, But Optimism Prevails With Two Narratives
The price of Bitcoin has seen a small uptick during today’s trading session, but the cryptocurrency has been unable to...
Robinhood returns to court to defend position in case brought by US state regulator
The Massachusetts Securities Division filed a complaint against Robinhood in December 2020 alleging the platform was in violation of the...
Digitalization won’t displace commercial bank money any time soon: Moody’s
Even as digitalization increases, the commercial bank’s place in the economy is solid and will be supported by some new...
Bitcoin BRC-20 token standard becomes new destination for meme tokens
The BRC-20 token market cap has seen a 600% rise in the past week, with its transaction volume overtaking standard...
Bitcoin miners have earned $50B from BTC block rewards, fees since 2010
They may have seen some hard times, but overall, estimates conclude that Bitcoin miners are up 37% from their activities....
White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured...
The Fed has little ammo left as $30K Bitcoin price becomes key battle line
BTC options and futures markets show no use of excessive leverage from buyers, a healthy indicator as the $28,000 support...
French Senate proposal would allow influencers to promote cryptocurrency
The senate’s proposal comes just months after the National Assembly floated legislation banning influencer advertising for crypto products and services....
Sotheby’s launches on-chain secondary NFT marketplace: Nifty Newsletter, April 26–May 2
Sotheby’s marketplace will attempt to set itself apart by presenting a range of artists curated by experts from the auction...
Federal Reserve Raises Interest Rate by 25bps, Insists ‘US Banking System Is Sound and Resilient’
The U.S. Federal Reserve, in conjunction with the Federal Open Market Committee (FOMC), announced on Wednesday that the central bank...
Securities token platform launches MPC wallet for institutions
The Web3 wallet allows institutions to control which employees are allowed to use the tokens held within it. Securities token...
Bitcoin Rally May Not Have Hit Top Yet, Here’s Why
The historical pattern in this Bitcoin on-chain indicator may suggest that the ongoing rally hasn’t reached its top yet. Bitcoin...
Jerome Powell Says No Decision Yet On Fed Rate Hike Pause, Bitcoin Drops
US Fed Chair Jerome Powell said the central bank will take a data driven decision approach to determine the extent...
