EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.
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SushiSwap leads DEX token gains as SUSHI price rises by 23% in 24 hours
SushiSwap (SUSHI) prices crept higher on Sept. 16 following another day of gains for decentralized exchange (DEX) tokens.The SUSHI/USD exchange rate rose by 7.54%, or $1.14, to reach $16.31 for the first time since May 21. The pair's upside move pushed its 24-hour adjusted timeframe profits up to 23%, making SUSHI the best-performing DEX token…

Singapore: Code of Practice Offers Practical Guidance for Crypto License Applications
Singapore’s crypto industry association is providing resources for local firms as they navigate new regulatory requirements. Cryptocurrency firms in Singapore can now draw upon detailed guidance for their license applications to offer regulated services in the city-state.On Aug. 13, the Association of Cryptocurrency Enterprises and Startups, Singapore (ACCESS), rolled out its new Code of Practice…

Hershey Chocolate Company Joins Blockchain Advertising Consortium
Blockchain-based consortium AdLedger has on-boarded The Hershey Company, a leading American chocolate production company, media outlet AdWeek reported on March 26.Hershey, along with French media group Publicis Media and The Global Audience Based Buying Conference & Consultancy (GABBCON), has reportedly joined AdLedger. AdLedger was founded by IBM, Tegna and blockchain company MadHive in 2018, and…

FinCEN: Social Media Crypto Projects Can’t Ignore Money Laundering Risk
The deputy director of the United States Financial Crimes Enforcement Network (FinCEN) says the cryptocurrency sector must not abet a “slide backward” in money laundering prevention.FinCEN deputy director Jamal El-Hindi made his remarks during a speech at the Securities Industry and Financial Markets Association 20th Anti-Money Laundering (AML) and Financial Crimes Conference in New York City…

Russian miners keep running, may see pivot to Bitcoin in response to sanctions
With sanctions coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted, however, Russian crypto mining appears to be operating smoothly for the time being. 249 Total views 30 Total shares Russian Bitcoin (BTC) miners are reportedly running as usual despite the…

Manta Network conducts record-breaking trusted setup ceremony, 4,000+ contribute
A trusted setup ceremony is an initial process needed to secure systems that utilize zero-knowledge proofs. 304 Total views 2 Total shares Own this piece of history Collect this article as an NFTManta Network recently completed the largest trusted setup ceremony ever, with over 4,000 people participating, according to a press release provided to Cointelegraph.…

Ethereum community members propose new fee structure for the app layer
The Ethereum app layer fee proposal is the latest in a slew of developer suggestions to overhaul the economics of the Ethereum network. 80 Total views 1 Total shares Two Ethereum community members, Kevin Owocki and Devansh Mehta, proposed a dynamic fee structure for the Ethereum application layer to strike a balance between revenue generation

Why the world’s largest museum is embracing NFT technology
The head of the contemporary art department at the State Hermitage reveals his vision of the future of NFT art. Eventually, all museums will build their digital copy in the metaverse, according to Dmitry Ozerkov, the head of the Contemporary Art Department at The State Hermitage Museum. Ozerkov is currently developing the “Celestial Hermitage”, a digital…