Cryptocurrency

According to a report from Singaporean software company MetaBank, the main focus of the meeting revolved around expediting Laos’ digital transformation by leveraging digital technology. Notably, it introduced the concept of Blockchain 4.0, emphasizing the significance of open collaboration and positioning Laos as a catalyst and beneficiary of the emerging global digital landscape.Continue Reading on Coin Telegraph More

On May 28 at 7:25 am UTC, the team posted a message to the Ethereum network stating that the attacker would not be prosecuted if 90% of the funds are returned.Continue Reading on Coin Telegraph More

According to reports, a vital feature of the new measures is the enforcement of the “Travel Rule” to keep a more accurate track of criminal proceeds. It requires any financial institution processing a crypto transfer over $3,000 to pass customer information to the recipient exchange or institution. The data should include the name and address of the sender and recipient and account information.Continue Reading on Coin Telegraph More

While the short-term picture looks promising, traders should not let their guard down. Many times, the price rises on rumors and falls on the news. It needs to be seen whether the bulls will build upon last week’s strength or give back some of the gains after the deal makes its way through Congress.Continue Reading on Coin Telegraph More

Despite these aspirations, a recent report from VentureBeat indicates that Amex currently has no intention of rolling up its own large language model (LLM) to compete with the likes of OpenAI’s ChatGPT and Google’s Bard. Continue Reading on Coin Telegraph More

According to Texas legislative records, lawmakers moved Senate Bill 1751 to the Committee on State Affairs on April 24 after passage in the state senate. The legislation aims to amend sections of Texas’ utilities and tax code to add restrictions for crypto mining firms, prompting criticism from digital asset advocates. At the time of publication, there was no movement on S.B. 1751, making it unlikely that lawmakers will be able to address the bill until its next regular session starting in January 2025 — the Legislature meets every other year.Continue Reading on Coin Telegraph More

However, not every crypto company has millions to spend on advertising and lobbying costs, and they are seeking escape from the U.S. while avoiding the “offshore” tag. Where can they go without being watched, or regulated out of existence?Continue Reading on Coin Telegraph More

The American entrepreneur and former CEO of the crypto exchange BitMEX Arthur Hayes predicted the bullish tendency of the largest cryptocurrency by market cap Bitcoin (BTC) in the following years, though he is not bullish about 2023.In a podcast on the YouTube channel “What Bitcoin Did,” the entrepreneur commented that the high expectations for BTC price wouldn’t turn fruitful this year, but only in 2024 and 2025. He stated:Explaining the use of the term Armageddon, which literally stands for a catastrophic conflict, Hayes said that he expects a societal change or a major war, as a result of two factors including quantitative easing and social discontent. He added that such a conflict would lead to a further decline in the prices of equities and cryptocurrencies.When the host raised questions on the prevailing US debt ceiling and its impact on the crypto market, Hayes commented that it would be resolved as usual. Further, he pointed out that the current financial dilemma could cause waves in the market, adding:However, he stressed that the catastrophic conditions would ultimately be “good for Bitcoin,” adding that the cryptocurrency could be “quite volatile on the up and the downside.” In March 2023, Hayes predicted that Bitcoin would reach $1 million, following the US Treasury Department’s announcement on a small-value debt buyback transaction.The post BitMEX’s Former CEO Predicts Bitcoin’s Bullish Period in 2024-2025 appeared first on Coin Edition.See original on CoinEdition More