Six Web3 apps have already been approved for the program, including ParaSwap, Beethoven X, Stargate, LayerZero, WOOFi and SpookySwap. These apps have generated over 12,000 Fantom (FTM) in rewards already (worth approximately $3,715), the announcement stated.Continue Reading on Coin Telegraph More
According to a memorandum filed in the United States District Court for the Southern District of New York, Fenwick has stated that it cannot turn over the documents without the permission of the FTX debtors. The documents represent advice and other content produced by the firm. Continue Reading on Coin Telegraph More
Horvitz published a post entitled “Reflections on AI and the future of human flourishing” on the official Microsoft (NASDAQ:MSFT) blog on May 30. The article discusses the future of artificial intelligence and announces a series of essays written by AI experts who were given early access to OpenAI’s GPT-4 before its public launch. Continue Reading on Coin Telegraph More
From a technical standpoint, the price of Pepecoin (PEPE) could drop sharply from its current levels. At the core of this bearish outlook lies the classic .Continue Reading on Coin Telegraph More
In a May 31 hearing of the United States Senate Banking Committee on China, Warren pointed to a report from blockchain analytics firm Elliptic to suggest a connection between cryptocurrency and “illegal drug transactions” at Chinese companies. Elliptic reported on May 23 that 90% of roughly 90 China-based firms supplying fentanyl precursors were willing to accept payment in cryptocurrencies, including Bitcoin (BTC).Continue Reading on Coin Telegraph More
On May 31, Sweden’s minister for rural affairs, Peter Kullgren, and European Parliament President Roberta Metsola signed the long-anticipated cryptocurrency regulatory framework into law roughly three years after the European Commission introduced the measure. Lawmakers in the EU had batted the MiCA framework from legislative body to body, with different aspects of the bill subject to debate, before reaching final approval in 2023.Continue Reading on Coin Telegraph More
“The team has done everything possible to maintain the protocol running, but we are currently unable to contact CEO Zhaojun and obtain the necessary server access for maintenance,” noted a Twitter thread. As reported by Cointelegraph, the protocol has experienced technical problems over the past week, with transactions delayed across multiple cross-chain bridges without a clear explanation. Continue Reading on Coin Telegraph More
El Salvador’s National Bitcoin Office (ONBTC) has appointed esteemed economist and cryptocurrency advisor Saifedean Ammous as its newest economic advisor. President Nayib Bukele has enlisted the author of “The Bitcoin Standard,” a famous book in the cryptocurrency space, to join his Bitcoin team, according to a statement released on May 30.Bitcoiner Ammous, renowned for his expertise as an Austrian economist and best-selling author, brings a wealth of knowledge to the role. The Bitcoin Office stated, “Saifedean will make a great addition to President Bukele’s Bitcoin team.”ONBTC reported that Ammous would be an advisor for matters related to various economic policies. Notably, he has opted not to receive payment for his services, expressing his dedication solely to supporting President Bukele’s Bitcoin policy of economic liberty and Bitcoin.Expressing his excitement about his new role, Ammous took to Twitter, stating that he is “thrilled, honored, and excited to start working” in the first country in the world to adopt Bitcoin as a legal tender.During an interview with local media outlet Diario El Salvador, Ammous shared his perspectives on El Salvador’s Bitcoin strategy. He expressed his belief that over time, the people of El Salvador will seek to accumulate more Bitcoin than those in other countries. When asked if having a Bitcoin reserve could lead to a debt-free El Salvador, the advisor responded,Recently, Ammous traveled to El Salvador and met with President Bukele to discuss the significant advantages of embracing economic freedom as a policy approach. Their discussions covered various topics, including economics, hydroponics, cattle breeding, and urban planning.During his stay, Ammous also delivered lectures to students of CUBO+, a Bitcoin and Lightning Network developers program aimed at teaching locals the code and concepts surrounding these technologies.The post Saifedean Ammous Joins El Salvador’s Bitcoin Team as Economic Advisor appeared first on Coin Edition.See original on CoinEdition More
