The coalition argues that the proposed rules could force leading AI researchers out of the region, while the European Union remains firm that the legislation would help the AI sector thrive. […] Read More… The post Tech executives slam EU’s AI regulation over stifling innovation appeared first on CoinGeek.
Solana, Polygon, and Cardano recover from SEC troubles, DigiToads emerges as top crypto
The escalation of the Securities and Exchange Commission (SEC) crackdown on the cryptocurrency sector in June rocked crypto markets. Specific cryptocurrencies appear to be a target for the SEC, even as others like DigiToads (TOADS) are providing refuge in this period. DigiToads has raised close to $6 million in its presale, providing a boon for […]
Crypto Market Trade Volume Hits Lowest Point Since 2020 Amid Market Turbulence
In recent months, the crypto markets have witnessed significant turbulence leading to the lowest quarterly trade volume since 2020. Amid varying economic factors, a bearish perception of investors toward cryptocurrencies and the broader economic climate reflects a dynamic yet challenging landscape. Kaiko, a crypto market data provider, shed light on this development alongside various key […]
Cardano’s Total Value Locked (TVL) Surges To All-Time High, Outperforming Peers in DeFi
In a remarkable display of strength within the Decentralized Finance (DeFi) landscape, Cardano (ADA) has soared above its counterparts. According to data from DeFiLlama, the network has experienced an unprecedented surge in its Total Value Locked (TVL). This surge has propelled the ADA’s TVL to an all-time high (ATH) of a staggering 562.98 million. The […]
Litecoin’s MVRV 30D In The Danger Zone: Is ‘Digital Silver’ Set to Lose Its Shine?
Recently, Sumit Kapoor, a prominent figure in the world of cryptocurrency advisory, took to Twitter to share some intriguing insights about the renowned digital currency Litecoin (LTC). Kapoor’s tweet highlighted the concerning state of Litecoin’s MVRV 30D, a metric used to gauge the market value relative to the realized value of the cryptocurrency. According to Kapoor, the […]
Largest Bank in Southeast Asia Is Adding Support for China’s CBDC
Singapore-based DBS Bank is allowing clients to make e-CNY payments.
OPNX Introduces Credit Currency for Margin Trading Dubbed ‘oUSD’
The platform plans to make oUSD accessible to customers who deposit crypto. If a user’s oUSD balance falls below zero, they will be charged interest at a rate. Mark Lamb, co-founder of OPNX, announced the creation of a credit currency for margin trading on July 5 in a statement. The “phase 1” release of the […]
HSBC trialing quantum-safe financial transaction network in the UK
The venerable British bank became the first to join BT (formerly British Telecom) and Toshiba’s secure quantum “metro” network in the United Kingdom.
Binance Suspends Deposits & Withdrawals of Multichain-Bridged Tokens
Binance has announced the temporary suspension of support for eight Multichain-bridged (MULTI) tokens The exchange will be temporarily unable to deposit or withdraw digital assets associated with eight tokens. The affected tokens include Polkastarter (POLS), Alchemy Pay (ACH), Beefy.Finance (BIFI), SuperVerse (SUPER), Travala (AVA), Spell Token (SPELL), Alpaca Finance (ALPACA), and Harvest Finance (FARM). Binance, […]
European Regulatory Blockchain Sandbox Welcomes Its First 20 Projects
On July 3rd, Europe’s blockchain regulatory sandbox officially introduced its inaugural set of use cases. This milestone follows a period of eager anticipation in the industry, culminating from nearly 90 applications submitted back in April. (Read More)