Tech firms pen letter to EU requesting more time to comply with AI Act

Tech companies release a joint letter requesting more time from the EU to comply with AI Act requirements, citing challenges due to the summer recess.

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Ethereum price clings crucial area, drop below $2.8K looming

Cryptocurrency traders argue that Ethers next move is crucial not just for Ether itself, but for Bitcoin as well.

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Customers protest exchange bankruptcy plan: We never gave FTX our coins!

A committee representing the interests of FTX customers is pushing back against a proposed bankruptcy plan, claiming that it violates their property rights.

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Exposed: North Korean Spy Revels Connections During Fake Job Interview

Recently, a North Korean spy disclosed connections through a deceptive job interview. This revelation sheds light on the intricate web of espionage and deceit employed by the secretive regime. The spy’s confession of using fake job interviews as a means to establish relationships with targets underscores the lengths to which North Korea goes to gather [...]

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Anza, a Solana Labs offshoot, proposes the most significant change to network consensus

Solana Labs has announced the launch of Anza, a new project that aims to enhance the Solana blockchain with a novel consensus protocol called Alpenglow. This development comes as part of Solana’s ongoing efforts to improve scalability and efficiency within its network. Alpenglow is designed to address some of the key challenges facing current blockchain [...]

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New Bitcoin Proposal BIP-177 Could Kill the Satoshi Forever

Key Takeaways: The Bitcoin community stands at a turning point in both technical and philosophical change with BIP-177 proposals emerging as a catalyst for change. With developer Oystein Røviks proposals, the visual and cognitive framework of Bitcoin is set to be changed as its foundational unit is redefined. Traditionally, Bitcoin values have been displayed using […]

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Ghana, Singapore conduct trade in semi-fungible token pilot project

Project DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, with an emphasis on credentialing.

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Bubblemaps Warns: Fake Eric Trump Token Poses Risks of Becoming Rug-Making Scheme

Eric Trump Accuses Blockchain Data Firm of Creating Fake Token Rug Eric Trump has recently accused a blockchain data analytics company of creating a fake token rug. The company in question has been under scrutiny for its alleged involvement in fraudulent activities within the cryptocurrency space. This accusation has sparked controversy and raised concerns about [...]

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Solana Co-Founder Proposes Meta Chain Solution to Address Blockchain Fragmentation

The co-founder of Solana believes that meta-blockchain is the key to unifying blockchain data. Anatoly Yakovenko, also known as Nanit, asserts that meta-blockchain could bridge the gap between various blockchain networks, enabling seamless data sharing and interoperability. Yakovenko highlights the importance of creating a universal standard for blockchain data to ensure compatibility and efficiency across [...]

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UK Emerges as Top Crypto Safe Haven with Proposed Regulations, Say Experts

The United Kingdom (UK) has proposed a new draft regulation for cryptocurrencies, aiming to establish a safe harbor for crypto companies operating in the country. The regulation seeks to provide clarity and legal certainty to the crypto industry, which has been facing regulatory uncertainties and challenges in recent years. The proposed regulation aims to create [...]

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Guide to Creating a Stablecoin-Only Blockchain, Rejecting General-Purpose Chains Comprehensive Report

Codex, a stablecoin project, secures venture capital funding for its blockchain technology. The funding will be used to further develop and expand the capabilities of the stablecoin platform. This investment signals confidence in the project’s potential to revolutionize the digital currency landscape. Stablecoins have gained traction in the cryptocurrency market due to their ability to [...]

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UK Government Takes Action Against Crypto Scams with Proposed Regulation

The UK government has announced new regulations concerning cryptocurrencies to enhance consumer protection. These rules aim to safeguard individuals against financial risks associated with digital assets. The updated guidelines require businesses operating in the cryptocurrency space to register with the Financial Conduct Authority (FCA). This registration process includes complying with anti-money laundering regulations and ensuring [...]

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Russias Finance Ministry Official Proposes Creation of Stablecoins: Report

An official from the Russian Finance Ministry has reportedly suggested that the country could create its own stablecoins. This move could potentially provide a way for Russia to navigate the complex world of digital currencies. Stablecoins are a type of cryptocurrency that is backed by a reserve asset, such as traditional fiat currencies or commodities [...]

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Italys Finance Minister Warns: US Stablecoins Poses Greater Threat than Tariffs

The United States’ stablecoins pose a significant risk to the Euro, according to Italy’s Minister of Economy and Finance. Stablecoins are digital currencies that are tied to a stable asset, such as the US dollar, to reduce price volatility. However, the Minister believes that these stablecoins could potentially threaten the Euro’s stability and disrupt the [...]

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New US Senate Bill Poses Threat to Crypto and AI Data Centers with Fees, Reveals Report

The United States is considering a new bill that could have a significant impact on cryptocurrency, artificial intelligence, and data centers. According to a recent report, the proposed legislation seeks to impose fees on these sectors, potentially disrupting their operations. This potential development has raised concerns within the industry about the future of these technologies [...]

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Breaking News: North Carolina Lawmaker Proposes Groundbreaking Digital Asset Freedom Act

A lawmaker in North Carolina has recently put forth a new piece of legislation known as the Digital Asset Freedom Act. This proposed act aims to create a more accommodating environment for blockchain and digital asset businesses within the state. The Digital Asset Freedom Act seeks to establish a framework that will boost innovation and [...]

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Chainalysis Acquires Transpose to Bolster Blockchain Data Infrastructure and Accelerate Towards an On-Chain Future

Chainalysis, the leading blockchain data and analytics provider, announced the acquisition of Transpose, a prominent blockchain data and infrastructure firm. (Read More)

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US Imposes Sanctions on Cryptocurrency Addresses Tied to Nemesis Darknet Marketplace

The United States imposes sanctions on the operator of a notorious darknet marketplace, known as the nemesis. The individual behind this illegal online platform has faced severe consequences for engaging in illicit activities and enabling criminal enterprises to thrive in the shadows of the internet. Despite the anonymity and encryption typically associated with darknet marketplaces, [...]

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Senator Cruz Proposes Bill to Ban Federal Reserve from Issuing CBDC

Senator Cruz and Companion Bill to Prohibit Federal Reserve CBDC, Digital Dollar Senator Ted Cruz has introduced a new bill alongside another Congress member that aims to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) also known as a digital dollar. The bill, if passed, would put a stop to any [...]

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Ethereum Researcher Proposes Game-Changing Solution to Combat Centralization and Eliminate MEV Issues

In a recent development within the Ethereum community, a notable researcher has proposed an alternative block proposal mechanism aimed at enhancing the Ethereum network. This innovative proposal seeks to address some of the current limitations and challenges faced by Ethereum, paving the way for improved scalability and efficiency. The proposed block proposal alternative stems from [...]

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