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McKinsey estimates generative AI could add $4.4 trillion to global economy annually.
The rapid development and wide range of capabilities of generative AI will usher in a new era of productivity, transforming various business sectors, according to a recent McKinsey report. Whereas standard AI has typically focused on detecting patterns, making decisions, and data analysis, generative AI refers to programs that create content, including text, audio, code, […] The post McKinsey estimates generative AI could add $4. origin »
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IMF Advances Global Central Bank Digital Currency Platform For International Transactions.
The International Monetary Fund (IMF) is actively developing a global platform for CBDCs to facilitate seamless transactions across borders, announced IMF Managing Director Kristalina Georgieva at a conference in Rabat, Morocco. origin »
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Australian Data Center Startup Arkon Expands to U.S. With $26M in Fresh Funding.
CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be "the first of several" over the next year. origin »
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Latest Cardano Node Upgrade Goes Live on Mainnet.
The upgrade 8.1.1 also contains software patches for minor issues from a previous node version. origin »
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Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking.
The risk-off mood is probably the market's way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy. origin »
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Despite Multiple FUD, Binance Remains Unfazed, Tackling Scalability Challenges With Recent opBNB Launch.
The recent launch of opBNB, a layer-2 scaling solution by BNB Chain, demonstrates Binance’s commitment to addressing the scalability challenge that has hindered the widespread adoption of blockchain technology. origin »
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The Global Rush for Cryptocurrency and Blockchain Adoption.
Unprecedented worldwide adoption of cryptocurrencies and blockchain technology is being driven by significant investments. We are exploring the recent increase in investments and spotlights the main figures advancing the blockchain and cryptocurrency revolution. origin »
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Tokenization Could Be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein.
About 2% of global money supply, via stablecoins and CBDCs, could be tokenized over the next five years, which is about $3 trillion, the report said. origin »
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This New Meme Coin Might Explode 10x As It Approaches the $10 Million Milestone.
Meme coins have shifted from mere internet fun to becoming significant players in the crypto landscape, and they’re now more popular than ever, with the likes of Pepe seeing huge pumps over the last few months. origin »
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UK Crypto, Stablecoin Laws Approved by Parliament's Upper House.
The Financial Services and Markets Bill stands to recognize crypto as a regulated activity and stablecoins as a means of payment. origin »
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Crypto Investment Products Witness 9th Straight Week of Outflows: CoinShares.
Altcoins witnessed inflows totalling $2.4 million, according to the report. origin »
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European Investment Bank taps blockchain for Climate Awareness Bond.
The Swedish krona-based Climate Awareness Bond will be issued on a blockchain that incentivizes node operators to improve the environmental footprint of infrastructure. origin »
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Shiba Inu's Shibarium Explorer Sees Improvements in New Revamp.
Shibarium explorer receives new improvements origin »
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Uniswap (UNI) Price Rejects $5 as User Acquisition Slows .
Uniswap has struggled to attract new demand in the past week. Will it cause UNI price to drop further? The post Uniswap (UNI) Price Rejects $5 as User Acquisition Slows appeared first on BeInCrypto. origin »
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Investment Firm Republic Buys Stake in Crypto Broker-Dealer INX at $50M Valuation.
Republic will acquire around a 9.5% stake in INX following the initial investment, with a commitment to acquire of 100% of equity at a valuation of $120 million as early as Q3 this year.. origin »
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Ethereum Sets Sights On Key Levels As It Rises From Recovery Point.
After a period of correction, the Ethereum price has started to show signs of appreciation on its chart. The altcoin has managed to break past a crucial recovery region, indicating that the bulls are making an attempt to regain control. origin »
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EU consumer protection groups urge governments to investigate AI.
A coalition of watchdog groups in the EU urged governments to assess the risks and vulnerabilities consumers are subjected to due to generative AI. origin »
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Cardano (ADA) Being Stolen From Nami Wallet, Users Report.
Unfortunately, victims are unlikely to return any funds stolen by hackers or scammers origin »
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Alibaba's Crypto Friendly Joseph Tsai Set to Become Chairman.
Joe Tsai, one of Alibaba’s founders, has been an active Web3 investor and once tweeted “I like Crypto.” origin »
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Buy Monero (XMR), Bitcoin (BTC) and Alex The Doge (ALEX) with No KYC.
Cryptocurrency investing has become a norm for both individuals and businesses across the globe. The rise of digital assets like Monero (XMR), Bitcoin (BTC), and the trending meme token, Alex The Doge (ALEX), has piqued interest among crypto enthusiasts. origin »
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OVAL3 Fantasy NFT Rugby Collection launches on Binance NFT Marketplace.
After the NFT frenzy in the fields of football and basketball, OVAL3 has come to fulfill the rugby fans’ desires by quickly becoming the global leader in digital entertainment for this sport. origin »
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Could Bitcoin Replace BRICS’ Reliance on the US Dollar?.
Bitcoin could emerge as a surprising alternative currency to BRICS nations seeking independence from the US dollar. The post Could Bitcoin Replace BRICS’ Reliance on the US Dollar? appeared first on BeInCrypto. origin »
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Can Shiba Inu (SHIB) Price Recover After Losing 350-Day Pattern?.
A Shiba Inu (SHIB) price breakout from the short-term resistance line can invalidate a long-term bearish price prediction The post Can Shiba Inu (SHIB) Price Recover After Losing 350-Day Pattern? appeared first on BeInCrypto. origin »
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Crypto Scammer and Former Terraform Labs CEO Do Kwon Sentenced to Jail.
Do Kwon, once a celebrated figure in cryptocurrency, faces a four-month prison term for passport fraud. This comes amid ongoing charges of fraud following a digital tokens collapse, leading to a $40 billion loss. origin »
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The United States Isn’t Banning Crypto, It’s Letting Legacy Firms Take Over.
As the US refrains from banning crypto, legacy firms like BlackRock, Soros Fund Management, and EDX Markets are ushering in a new era. The takeover is less of a hostile act and more of a natural evolution, marking the maturation of the cryptocurrency sector. origin »
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Liquid Bitcoin Versus Wrapped Bitcoin: A Comparative Analysis.
Develop a clear perspective of the differences between Blockstream’s Liquid-Bitcoin (L-BTC) and Wrapped Bitcoin (WBTC) on Ethereum. Both have clear advantages and disadvantages. origin »
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Sparklo (SPRK) Thrives Amid Avalanche (AVAX) and Near Protocol (NEAR) Price Uncertainty.
New and exciting digital currencies are emerging amid the market’s ups and downs. Sparklo is one of the creative endeavors. This new cryptocurrency project is gaining traction and might stir the market. origin »
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Ethereum (ETH) Struggles to break $2000, Filecoin (FIL) Crashes and Alex The Doge (ALEX) Leads The Meme Gang.
In the rollercoaster ride that is the cryptocurrency market, investors are currently witnessing a struggle in Ethereum (ETH), a crash in Filecoin (FIL), and an unlikely leader emerging from the meme tokens – Alex The Doge (ALEX). origin »
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Binance Issues Cease And Desist To Nigerian Impersonator.
Binance CEO Changpeng Zhao has taken to Twitter to deny any association with Binance Nigeria Limited which has been mistaken as part of the exchange. As a result, the exchange has now issued a cease and desist notice to the impersonator(s). origin »
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Bitcoin Centric-AI “Spirit Of Satoshi” Unveiled.
An AI built by Bitcoiners using Bitcoin knowledge may serve as a useful orange-pilling tool for the masses. origin »
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UK Financial Watchdog Cancels Binance Permissions on Firm's Request.
U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the country. origin »
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Bitcoin holders with 100 BTC or less scooped 254% of mined supply last month: Glassnode.
Bitcoin’s price struggles aside, last month saw more entities with less than 100 BTC buy 2. 54X of all coins mined. Glassnode data shows these entities added 2,286 BTC per day. Shrimps increased their BTC holdings by 117% last month, while crabs added 80% and fish bought 57% of mined bitcoin. origin »
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Bullish Signal: Bitcoin Realized Profit And Loss Fall To October 2020 Levels.
As the Bitcoin price continues to struggle, some metrics have begun to emerge that could mean that the current bearish trend is only temporary. The realized profit and loss levels for BTC have continued to fall over the last six months and have now hit a level that suggests the start of another upward rally. origin »
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4 Trillion SHIB Left Until Shiba Inu Reaches Fundamental Price Level.
Enormous SHIB volume present at around current price, here's how it might affect price performance origin »
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The Luna collapse impact on Bitcoin one year later.
Quick Take The Luna crash between May and June 2022 drove Bitcoin’s value below $20,000. In June 2022, Bitcoin’s value diminished by $10,000 in ten days. Bitcoins are now predominantly held by long-term investors. origin »
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Bitcoin Lightning Network Coming to Binance, Here's Proof.
Binance confirmed it is actively making plans to integrate Bitcoin Lightning Network origin »
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Charles Hoskinson Slams ADA Critics Who Say He Is 'Looking for Aliens'.
IOG founder responded to critic who stated that Hoskinson's 'search for aliens' is harming Cardano and ADA development origin »
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Bitcoin's $30K Threshold Critical for Breakout, Trader Says.
Bitcoin's chances of breakout rest on its ability to breach $30,000 mark, says trader Jordan Lindsey origin »
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Real Reason Behind Bitcoin (BTC) Resurgence Uncovered: Details.
Bitcoin's resurgence above $27,000 was factor fueled by market whales origin »
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XRP Army Finds Ripple Link To IMF As It Announces CBDC Platform.
While the International Monetary Fund (IMF) announced that it is working on a platform for digital central bank currencies (CDBCs) yesterday, the XRP army has discovered an IMF report from March 2023 in which Ripple is considered a potential problem solver. origin »
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First Ever Canadian Bitcoin Conference Wraps Up in Toronto.
The event attracted over 300 attendees and a diverse array of exhibitors, according to conference organizers, signaling continued interest in the cryptocurrency despite past criticism of Bitcoin by Canada’s Prime Minister and tighter exchange regulation. origin »
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Ethereum Scanner Etherscan Adds OpenAI-Based Tool to Analyze Smart Contract Source Code.
The tool is meant for informational purposes only, Etherscan said. origin »
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Shiba Inu Price Soars 8% in a Week, While Wall Street Memes Rises to $8.4m.
It’s been an excellent few days for Shiba Inu ($SHIB) holders, with the token’s value soaring by over 8% in the last week. $SHIB has now closed in the green for four days in a row, with investors hopeful that this sets the stage for an extended uptrend. origin »
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Altcoin ETPs see inflows amid ETH, BTC outflows as alts recover.
The week ending June 19, 2023, saw minor outflows totaling $5. 1 million from digital asset investment products, as reported in CoinShares’ Digital Asset Fund Flows Weekly. Despite these outflows, altcoins experienced inflows totaling $2. origin »
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Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery Case.
The court has also ordered the confiscation of two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and fellow Terra executive Han Chang-Joon. origin »
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'Rich Dad Poor Dad' Kiyosaki Predicts Greatest Change in World History.
Renowned author Robert Kiyosaki predicts monumental shift that will reshape world's destiny origin »
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Франция выступает за глобальное регулирование рынка DeFi.
Власти Франции призывают к разработке международных стандартов для регулирования рынка децентрализованного финансирования DeFi. Управление финансовых рынков (AMF) опубликовало заявление, в котором говорится о необходимости внедрения нормативно-правовой базы для децентрализованных бирж (DEX) как на локальном, так и на глобальном уровнях. источник »
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В блокчейне Sui обнаружена критическая уязвимость.
Компания блокчейн-безопасности CertiK обнаружила ошибку в блокчейне Sui. Уязвимость, которая представляла угрозу, заключалась в «бесконечном цикле» в коде блокчейна, «задолго до запуска сети». Вредоносный смарт-контракт мог вызвать эту ошибку, заставив узлы блокчейна двигаться по бесконечному кругу, по сути, парализуя сеть. источник »
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The IMF’s Role In Shaping The Future Of Cryptocurrencies: A Global Infrastructure For CBDCs.
The concept of a global infrastructure for digital currencies, as proposed by the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, could have significant implications for the adoption of cryptocurrencies. origin »
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