At the Proof of Talk 2023 blockchain and Web3 conference in Paris, Cointelegraph sat down with Robbie Yung, the CEO of Animoca Brands, to discuss the relationship between AI, blockchain and gaming. Continue Reading on Coin Telegraph More
Binance Markets Limited (BML), Binance’s United Kingdom-based subsidiary, has officially canceled registration with the Financial Conduct Authority (FCA).Continue Reading on Coin Telegraph More
The influx came after the Hong Kong government invested 50 million yuan ($7 million) to help Cyberport speed up the development of Web3 with blockchain as the supporting technology, Chan Mo-po said.Continue Reading on Coin Telegraph More
The blockchain and crypto ecosystems are expanding into a much broader universe with the rise of Web3. With decentralization as a core value, Web3 brings more utility and use cases for blockchain-based technologies in a user-centric environment. Although initiated by decentralized finance (DeFi), Web3 offers a much broader spectrum of digital interactions and experiences, including nonfungible tokens (NFTs), loyalty programs, action-to-earn and gaming.Continue Reading on Coin Telegraph More
Throughout the previous bear market, Bitcoin dominance increased from approximately 35% to a whopping 73%, largely as a result of the market’s flight to the perceived safety of the crypto heavyweight. However, in the last 25 months, the dominance of Bitcoin has only risen from about 39% to 49%, revealing a different pattern this time. This seems to indicate a shift in the crypto landscape, leaning toward a multi-chain future where several blockchains coexist and thrive simultaneously.Amid this shift, Ethereum’s share of the total market cap impressively retained its position at about 20%, even throughout the bearish market cycle. As solidified its standing during the 2020 bear market, Cardano’s current performance seems to be following a similar path.ADA’s price, currently at $0.25, has experienced a 31% drop over the last two weeks. Despite this, the token has managed to stay well above 2020 lows, demonstrating resilience in the face of an overall bearish market. This is akin to what did during the 2020 bear market before its impressive run in 2021-22.It is noteworthy that Cardano’s path is not necessarily a guarantee of success, but a sign of the potential for ADA. Ethereum had to navigate through a series of trials and tribulations before it could solidify its position on the market. Similarly, Cardano will need to confront its challenges and deliver on its promises to reach the same level.This article was originally published on U.Today More
According to a June 16 Reuters report, Grewal spoke at an event hosted by law firm Lowenstein Sandler and Rutgers University Law School in New York, which also featured Coinbase (NASDAQ:COIN) chief policy officer Faryar Shirzad. The SEC enforcement director reportedly said the commission had worked “thoughtfully and incrementally” for actions related to the crypto space, but this approach had failed to address what the regulator considered unregistered securities offerings.Continue Reading on Coin Telegraph More
Amidst all the hype about their long-rumored VR/AR headset, slated for release in early 2024 (queueing outside the Apple (NASDAQ:AAPL) Store starts in October), its not the only signal that Apple might finally be sorting out its subpar gaming offering. Its also releasing software that will make it easier to play Windows games on Mac.Continue Reading on Coin Telegraph More
In the midst of all this hype, however, international governments and major tech figures are starting to sound the alarm. Citing privacy and security concerns, Italy just placed a temporary ban on ChatGPT, potentially inspiring a similar block in Germany. In the private sector, hundreds of AI researchers and tech leaders, including Elon Musk and Steve Wozniak, signed an open letter urging a six-month moratorium on AI development beyond the scope of GPT-4. Continue Reading on Coin Telegraph More
