How a decentralized AI movement is shaping a fairer future
The Morpheus Network and 6079 are leading a movement to challenge the supremacy of Big Tech giants by employing decentralized, permissionless AI technology.
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French Commerce Court Likens Bitcoin to Currency in Recent Ruling
A French commerce court has classified Bitcoin (BTC) as currency during a recent trial.Local news outlet Les Echos reported on March 5 that the Commercial Court of Nanterre decided on Feb. 26 to qualify Bitcoin as a fungible interchangeable asset that is not individualizable, just like fiat money.The ruling was part of a dispute between…
DeFi flashes early revival signs as retail and institutional inflows trickle in
Decentralized finance (DeFi) has had a rough go so far in 2022, and data from Messari shows the top ten-ranked DeFi assets currently down between 10% to 50% since the start of the year.Top ten DeFi tokens by market capitalization. Source: MessariA positive is, the situation may change soon as funds have began to flow…
Arbitrum’s ARB token signifies the start of airdrop season — Here are 5 to look out for
Arbitrum developers announced an airdrop of its governance token, ARB, to eligible users and DAOs on the Ethereum Layer-2 platform. An average user received around 625 ARB tokens, which corresponds to around $625 to $1,250, according to pre-launch trading prices and popular estimations.The prospect of earning free money has instilled excitement around users looking to…
Kentucky regulator denies plan for subsidizing crypto mining facility
A proposed contact with the Kentucky Power Company would have allowed Ebon International to receive a discounted rate for service at its crypto mining facility over a decade. 161 Total views 4 Total shares The Public Service Commission of the state of Kentucky has denied a proposed contract that would have allowed a mining firm
Top Russian Official Urges Parliament to Discuss Draft Crypto Bill Without Further Delays
The chairman of the upper house of Russian parliament has urged MPs to expedite their work on digital economy bills that include a draft on crypto regulation, local news agency TASS reports on Tuesday, Jan. 29.Valentina Matvienko, who has headed the Federation Council since 2011, spoke to officials from several institutions, including the Upper House…
The number of BTC held on exchanges crashed 20% in 12 months
Long-term accumulation and the increasing popularity of DeFi yield protocols is siphoning Bitcoin away from centralized exchanges. 3136 Total views 18 Total shares Data from on-chain crypto information aggregator Glassnode indicates the number of Bitcoin held on centralized exchanges has fallen by roughly 20% in 12 months.The data suggests investors are accumulating BTC and withdrawing…
Binance’s CZ warns crypto community about emerging scam
The scheme consists of mirroring addresses and sending dust transactions to users to trick them into sending funds to the scammer's wallet. 323 Total views 11 Total shares Binance CEO Changpeng 'CZ' Zhao warned his followers on X about a tricky and increasingly popular scam targeting the crypto community, in which fake wallet addresses are…
USDA Proposes Blockchain Ledger for Organic Product Supply Chain
The USDA’s Agricultural Marketing Service is proposing the department utilize DLT to trace the supply chain of organic products. The U.S. Department of Agriculture has proposed amending its rules on organic products to include implementing blockchain technology to trace its supply chain.According to an Aug. 5 report from the U.S. Department of Agriculture (USDA) Agricultural…