Crypto Biz: Consolidation ramps up among crypto firms

The United Kingdom’s Advertising Standards Authority, or ASA, has ruled to place an official ban on two mobile application advertisements from popular trading platform Crypto.com which promoted the ease of purchasing cryptocurrencies such as Bitcoin, as well as earning yield rewards on digital assets.Gaining notoriety within the industry for their strict legislation on the proposed…

Apple co-founder Steve Wozniak has joined the legal fray in suing YouTube over fake crypto giveaways using his image. Lawyers for Steve Wozniak and 17 other people adversely affected by fake Bitcoin giveaway scams on YouTube have sued the platform and parent company Google for not acting quickly to ban such content.According to a July…

The testnet of private smart contract network Enigma has been launched, the developers announced in a Medium post published on June 11.Per the announcement, the test network, dubbed Discovery, allows developers to start developing their decentralized applications (DApps). Furthermore, contracts hosted on the Discovery testnet will reportedly be immediately deployed on the Ethereum (ETH) network…

Bitcoin (BTC) price continues to flash mixed signals, raising uncertainty among investors and negatively impacting asset prices across the market.Data from Cointelegraph Markets Pro and TradingView shows BTC price pinned below $36,000 and even though crypto and equities markets underwent a brief relief rally on Jan. 26, comments from the recent FOMC meeting appear to…

According to the report, specific AI tools are highly technical and complex, posing challenges for institutions to explain or monitor them effectively. 247 Total views 10 Total shares A panel of regulators warned that the rapid adoption of artificial intelligence (AI) could pose new risks to the United States financial system if the technology is

The sculptor, Kristen Visbal, said that the proceeds from the NFT sale of Fearless Girl will be used to defend the original message of the artwork. 75 Total views 4 Total shares The creator of the Fearless Girl statue in New York that stands for women empowerment has brought the emblem into the crypto space…

The crypto-friendly bank saw an increase in the number digital currency customers and Bitcoin trading volume in the first quarter of 2020. Bitcoin trading and transaction volumes surged at the pro-crypto Silvergate Bank in the first quarter of 2020.According to an April 29 transcript filed with the U.S. Securities and Exchange Commission (SEC) on its…