The United States Securities and Exchange Commission (SEC) filed a comprehensive complaint against Binance on June 5, sending Web3 into a frenzy. The case, which accuses the world's largest crypto exchange of, among other things, misuse of user cash, has remained top of mind for everyone involved in the blockchain
Word On The Street
Elon Musk Announces New Plans Towards Transforming Twitter To X With Its New CEO, Linda Yaccarino
In a Tweet on Friday, May 12, Elon Musk welcomed the new CEO of Twitter, Linda Yaccarino. https://twitter.com/elonmusk/status/1657050349608501249?s=20 This was a follow-up retweet of Musk’s previous tweet on the same day announcing that he will become an executive chairman and CTO while focusing on product design and introducing new technology. https://twitter.com/elonmusk/status/1657050349608501249?s=20 With Linda Yaccarino
Google Cloud Launches Accelerator Program for Web3 Startups to Fast-Track Their Progress
Google Cloud has launched an Accelerator program to assist Web3 companies and emerging projects in building and scaling more quickly and securely. https://twitter.com/zenobiaZAG/status/1650883814485291010?s=20 Google announced on Tuesday that it would expand its Google Cloud Startup Program to blockchain startups, giving up to $6 million in partnering grants and hundreds of thousands more
The Emergence of AI: How it is Updating The Way Crypto and Blockchain Operates?
Since AI and natural language processing are being used to analyze massive volumes of financial data, privacy concerns are becoming more relevant than ever. Numerous AI businesses are building blockchain analytics tools, ushering in a new generation of analytics firms such as Blocktrace, Nansen, and Arkham. Likewise, many new and emerging
Apple Dives Deeper into Banking by Launching a High-Yield Savings Account
Ethereum’s Shanghai Upgrade: Everything You Need to Know About This New Era of Staking Withdrawals
On Wednesday, Ethereum, the blockchain that powers the world's second-largest cryptocurrency, Ether, completed an essential upgrade that allows holders to withdraw funds they had locked up for incentives. The Shanghai hard fork of Ethereum, also known as "Shapella," has been completed, allowing users who have "staked" their Ether (ETH) to protect
Almost Nobody Paid Crypto Taxes in 2022. Find Out Why!
According to a study by Divly, a Swedish tech company, as low as 1% of global crypto investors paid taxes on their crypto assets last year in 2022. According to the company study examining the Global Cryptocurrency Taxation Report 2022, only 0.53% of crypto investors paid taxes on their digital assets
Will Bloomberg’s New AI for Financial Data Replace Financial Analysts? Let’s Explore.
Recently, Bloomberg announced a new artificial intelligence (AI) model, BloombergGPT, that aims to open up new ways to leverage the data available within the company's terminal. Several people have reacted to the latest breakthrough, with some claiming that it heralds "the next wave" of corporate AI. https://twitter.com/TechAtBloomberg/status/1641772329658114053?s=20 Lately, the dominance of AI
Gucci Strengthens its Ties to Web3 By Partnering With Yuga Labs
The luxury house Gucci and Yuga Labs aims to explore the intersection of fashion and entertainment with their partnership in Web3. Gucci, the luxury fashion business, is delving deeper into Web3 and the metaverse in conjunction with Yuga Labs, the creators of Bored Ape Yacht Club. Gucci hinted at a collaboration on
Guess fashion store in Lugano now accepts Bitcoin payments
With Plan B expanding to high fashion, customers can now access crypto payment options at their favourite fashion retail stores. —-- The City of Lugano and Tether, a blockchain-enabled platform that powers the largest stablecoin by market capitalization (USD), announced today a collaboration with Guess to formally introduce Bitcoin, Tether, and LVGA