‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation

Minister Monica Mutsvangwa clarified that Zimbabwe is not considering the adoption of cryptocurrencies or Bitcoin. 437 Total views 38 Total shares Zimbabwe’s minister of information publicly dismissed ongoing rumors about the country considering the adoption of cryptocurrencies and Bitcoin (BTC). Rather, Minister Monica Mutsvangwa clarified that the government of Zimbabwe is keen to experiment with…

Big Four audit firm Ernst & Young (EY) is providing its proprietary blockchain solution for a major new platform that helps consumers across Asia determine the quality, provenance and authenticity of imported European wines. The news was revealed in an official EY press release on May 23.The e-commerce platform, dubbed Tattoo, has been developed for…

Blockchain startup Lumachain has received $2.4 million in public funding from Main Sequence Ventures, a $165.6 million venture capital fund backed by the Australian government and the federal Commonwealth Scientific and Industrial Research Organisation. Lumachain’s newly-received funds will go toward staffing fees as well as international expansion, according to a report by local financial news periodical…

The mining industry continues to struggle and faces multiple headwinds, including high computing costs, trade war fears, and energy issues. 433 Total views 2 Total shares The Bitcoin (BTC) mining hashprice — a miner's daily revenue per unit of hashing power expended to mine blocks — has remained constant at around $48 per petahash per

According to Representative Maxine Waters, the crypto market crash and bankruptcies gave U.S. lawmakers an opportunity of “getting accountability” in the space through legislation. 64 Total views 7 Total shares Own this piece of history Collect this article as an NFTCalifornia Representative Maxine Waters, ranking member of the United States House Financial Services Committee, has…

Google data shows unprecedented interest in Bitcoin’s block halving, far exceeding 2016 numbers. Google searches for “Bitcoin halving” have hit an all-time high, far exceeding the spike associated with the previous halving event by 350%.Searches for the Bitcoin (BTC) halving event have reached 100 on Google's normalized scale, indicating their highest-ever value. At the time…

Caroline Pham, one of five commissioners with the United States Commodity Futures Trading Commission, or CFTC, has expressed concerns about the possible implications of a case the Securities and Exchange Commission, or SEC, brought against a former product manager at Coinbase.In a Thursday statement, Pham said the SEC complaint against former Coinbase product manager Ishan…

Tuesday, Jan. 29 — most of the top 20 cryptocurrencies are reporting moderate gains on the day at press time. Bitcoin (BTC) is trading just over $3,400 again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is down just a fraction of a percent on the day, trading at around $3,450, according to CoinMarketCap.…

U.S. Federal Reserve launching payment system, crypto bulls nonplussedThe United States Federal Reserve left some crypto enthusiasts unimpressed this week when it unveiled plans to release a real-time payments and settlements service. Known as FedNow, it is hoped the infrastructure will lead to faster transactions 24 hours a day, seven days a week. Presently, it…