AI-powered smart contracts could be ‘transformative’ — Ava Labs founder

Notable entrepreneurs are backing the seed funding round led by Pathfinder that aims to strengthen Lolli’s app. Bitcoin (BTC) rewards company Lolli announced on Monday the close of an oversubscribed $3 million seed-II funding round led by Pathfinder and investors such as Michelle Phan, Ashton Kutcher and Guy Oseary.According to the announcement, the funding will…

The move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID policy has devastated the countries' economic hubs. 107 Total views 23 Total shares According to local news outlet Shanghai Securities News, the City of Shenzhen will airdrop 30 million digital Chinese Yuan (e-CNY) to local residents in an attempt…

On Feb. 10, Mastercard announced that it would start supporting a select few cryptocurrencies on its payment network. According to the payments giant, the inclusion of cryptocurrencies will allow customers to “save, store and send money in new ways” while opening up new opportunities for merchants as well. The announcement followed a presentation on Jan. 30…

The information was published on WIPO's global database for intellectual property on May 11, 18 months after LG filed its application. 61 Total views 9 Total shares South Korean tech company LG Electronics has filed a patent application for its blockchain-based Smart TV that allows users to trade nonfungible tokens (NFTs). The information was published on WIPO's…

A classic dichotomy between hodlers and leveraged traders sets this week’s Bitcoin price dip apart from the coronavirus crash of March 2020. 7654 Total views 69 Total shares Bitcoin (BTC) crashed by $9,000 in hours on Tuesday thanks to a mass unwinding of leveraged traders and borrowers, one analyst believes.In a series of tweets on…

Coinbase experienced its highest single-day net BTC withdrawal in the wake of the outage incident, with even the author of “Black Swan” quitting the exchange. 1313 Total views 38 Total shares Coinbase experienced the largest net outflow of Bitcoins (BTC) in ages in the wake of the recent service outage. Even Nassim Taleb has left…

Bitcoin (BTC) spiked higher around the Jan. 17 Wall Street open as nervous analysts waited for further cues.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOpinions diverge over Bitcoin's fateData from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly touching $21,594 on Bitstamp, marking its highest since Sep. 13.As bullish impulses continued to hit the chart, reactions…

Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCrypto wipeout mounts as BTC price loses $22,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $21,633 on Bitstamp.The pair reacted badly to regulatory fears from the United States…

Revolut’s losses in 2019 surged over 200% due to investment in international expansion, Revolut founder and CEO says. Revolut, a crypto-friendly trading app and one of the biggest fintechs in Europe, reportedly tripled its losses in 2019 despite growth in revenue and new customers.The London-based company reportedly posted a total loss of more than 106…