News
AI unlikely to destroy jobs, but cost to certain workers may be ‘brutal’ — UN study
The International Labour Organization study says that AI will more likely augment jobs than destroy them, though certain roles could be at more risk than others. Generative AI is more likely to complement existing jobs than take over them entirely, though certain...
On-chain tool to seize crypto is a purist’s nightmare, but a must, says CEO
A United States federal court recently used on-chain tech to lock criminals out of their crypto on the Jurat Network. Founder Mike Kanovitz admits the technology could see hate from crypto purists. The founder of layer-1 blockchain Jurat has defended his protocol...
Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko
According to the report, Europe is home to nine out of the ten least profitable countries for Bitcoin mining, based on household electricity costs. There is a significant worldwide contrast in household electricity expenses for individual Bitcoin (BTC) miners. While...
Yuga Labs to wind back from OpenSea over its axing of royalty enforcements
Yuga Labs said it will start winding back OpenSea support for “all upgradable contracts and any new collections” following the announcement from the NFT marketplace. Bored Ape Yacht Club (BAYC) creators Yuga Labs is set to wind down support for OpenSea following the...
NFT marketplace OpenSea to disable royalty enforcement tool
OpenSea's royalty enforcement tool Operator Filter is going to be turned off, according to OpenSea’s founder and CEO, Devin Finzer. Non-fungible token (NFT) marketplace OpenSea is sunsetting its on-chain royalty enforcement tool — Operator Filter — which allows...
Bitcoin price will surge past $150K if spot ETFs are approved: Analyst
Even if the filings for Bitcoin spot ETFs are rejected, Lee predicts Bitcoin’s halving event will still push up BTC's price — but not to six figures. The price of Bitcoin (BTC) will surge past an eye-watering $150,000 by the end of 2024, as long as the current slew of...
Stellar dips into treasury to buy minority stake in MoneyGram
The financial details weren't disclosed but the investment gave the Stellar Development Foundation a seat on MoneyGram's Board of Directors. The Stellar Development Foundation (SDF) has become a minority investor in payments provider MoneyGram International.In an Aug....
‘Evidence is piling’ for a new crypto bull run: Delphi Digital co-founder
Delphi Digital co-founder Kevin Kelly believes a recent change in a key U.S. manufacturing business index could be one of the bellwethers for a crypto bull run. Several on-chain metrics and charts are showing signals that could hint at the beginning of a new crypto...
Sam Bankman-Fried spends 3rd night in notorious New York prison
The former FTX CEO has swapped his parent's cozy Stanford home for the Metropolitan Detention Center in Brooklyn, which isn't known for its comforts. Former FTX CEO Sam Bankman-Fried is going into his third night with over 1,500 other inmates in one of New York's most...
Using courts for every crypto issue will squash innovation: Grayscale CEO
Grayscale CEO Michael Sonnenshein emphasized the need for a balanced regulatory approach to cryptocurrency to avoid hindering innovation in the United States. Grayscale Investments CEO, Michael Sonnenshein, highlighted a potential negative outcome for the United...