Palantir surges 11% after deal to sell AI to US defense, intel agencies
Palantir shares closed higher as the intelligence company announced a deal with Microsoft to sell AI services to the US intelligence community.
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China aims to let foreigners use digital yuan at Winter Olympics in 2022
China wants to allow foreign athletes and visitors to use the county’s digital currency during the Beijing Winter Olympics in 2022. 3430 Total views 29 Total shares China’s central bank is looking to enable foreign athletes and visitors to use the country’s digital currency during the Beijing Winter Olympics in 2022, according to a top…

New White House standards strategy could have implications for crypto industry KYC
The Biden administration has released a strategy document focusing on setting standards for “critical and emerging” technologies such as blockchain and digital ID. 90 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe administration of United States President Joe Biden released a national standards strategy for critical and…

Interest in Bitcoin-backed loans returns: Will TradFi join this time?
The Bitcoin-backed loans market is expected to grow fivefold in the coming years. Cointelegraph explores the nuts and bolts of the niche industry.

Showtime: NFT tickets take the stage in 2022, connecting artists and fans
Nonfungible tokens have proven to be successful across a number of industries. From gaming to high-end luxury fashion, NFT use cases have demonstrated the importance of creating lasting connections between a company or a brand and its users/customers.As such, it shouldn’t come as a surprise that the billion-dollar event-ticketing industry is on its way to…

Oops! GBTC ‘Drop Gold’ Campaign Perfectly Called Gold Price Bottom
The Grayscale Bitcoin Trust (GBTC) told investors to ditch gold for Bitcoin (BTC) just before the precious metal surged.A case of bad timing for GrayscaleThat was the latest observation from RT host and Bitcoin bull, Max Keiser, who on Aug. 26 concluded GBTC’s dedicated Bitcoin-not-gold campaign got its timing wrong. “$GBTC’s ‘Drop Gold’ campaign timed almost…

Bitcoin’s recent $12B open interest wipeout was essential, says analyst
Bitcoin’s nearly $12 billion open interest shakeout earlier this month might be just the catalyst needed for the asset to regain its upward momentum, according to a crypto analyst. “This can be considered as a natural market reset, an essential phase for sustaining a bullish continuation,” CryptoQuant contributor DarkFost said in a March 17 markets

American Blockchain Dream in Sight, but the Chase Not Over Yet
As blockchain adoption continues to garner mainstream traction across the private sector, an increasing number of government agencies are too looking to explore the potential of the technology. For example, the United States Food and Drug Administration recently released an elaborate blueprint as to how it plans to deploy blockchain for food safety-related purposes.According to…

Ant-backed MYbank to help China expand digital yuan trial
Tencent-backed WeBank and Ant Financial-backed MYbank will reportedly be the first private banks to join China’s digital yuan pilot. 3521 Total views 15 Total shares China’s central bank is pushing exposure to its ongoing national digital currency pilot by enlisting two major private banks in the project.According to a Feb. 22 Bloomberg report, MYbank and…