Bahamas wants to force banks to support its ‘Sand dollar’ CBDC
The Bahamas was one of the first countries in the world to launch a central bank digital currency — the “Sand Dollar” in 2020 — and is now looking for ways to boost its adoption.
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Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems. 96 Total views 3 Total shares Alibaba announced that its proprietary large language model, an artificial intelligence system called Tongyi Qianwen, will be available for public and enterprise access throughout China starting Sept. 13. Tongyi Qianwen is a ChatGPT-like large language

Polkadot Mainnet Not Yet Live, Just a Mainnet Candidate
Polkadot (DOT) launched a stand-alone blockchain today, although the network is not considered the project’s mainnet yet.Polkadot sits under the wing of blockchain infrastructure company Parity Technologies, and the Web3 Foundation, a type of incubator for decentralized tech. The Polkadot protocol aims to provide compatibility across different blockchains.“There could be more than one chain candidate…

Researchers use zero-knowledge to address privacy, AML concerns in stablecoins
Organizations led by German fintech etonec designed a system that takes advantage of zk-SNARK to provide untraceable transactions within regulatory limits. 410 Total views 3 Total shares Own this piece of crypto history Collect this article as NFTResearchers from German crypto blockchain-based payments fintech etonec and other organizations have proposed using zero-knowledge proofs to ensure…

Prices Rise, Protests Rage and Musicians Take Control: Bad Crypto News of the Week
Check out this week’s Bad Crypto podcast. 1892 Total views 38 Total shares The Bad Crypto Podcast tracks all the latest goings-on in crypto. Here’s what the latest episode covers.Vitalik Buterin says the current crisis is not like the financial crisis of 2008, and the reform of money is not a sufficient use case for…

Cypherium CEO Predicts CBDC Cross-Border Payments ‘Soon’
Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected. 380 Total views 6 Total shares Sky Guo, founder of the Cypherium blockchain, predicts that central bank digital currency cross-border payments will happen “in the next couple years” or “even sooner”. In an interview with Cointelegraph on July 13, Sky…

AMC Theaters’ acceptance of Dogecoin follows viral community appeal
Over the past week, social memecoin DOGE has risen 25% above the previous psychological price threshold of $0.25. 734 Total views 17 Total shares Following an overwhelming positive response to a Twitter poll on Sept. 21, CEO of AMC Theater, Adam Aron announced Wednesday that the chain would officially accept Dogecoin payments for digital gift…

‘No Capitulation’ — Bitcoin Miners Completely Unfazed by Price Drop
Bitcoin (BTC) is not seeing capitulation among miners despite its price dipping over 15% in the past week, new data suggests.According to estimates of Bitcoin’s hash rate from monitoring resource Coin Dance, participation remains as strong now as before the price drop. Hash rate refers to the amount of computing power dedicated to maintaining the…

CertiK exec explains how to keep crypto safe after $1.4B Bybit hack
The February hack against Bybit sent ripples through the industry after $1.4 billion in Ether-related tokens was stolen from the centralized exchange, reportedly by the North Korean hacking collective Lazarus Group, in what was the most costly crypto theft ever. The fallout from the hack has left many people wondering what went wrong, whether their