RFK Jr says he is suspending, not terminating, presidential campaign
The US Independent presidential candidate said he would remove himself from the ballot in 10 battleground states where he might be a “spoiler” for Harris or Trump.
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CoinShares launches staked Algorand ETP on Deutsche Boerse Xetra
The new Algorand ETP joins a family of CoinShares’s staked ETPs featuring cryptocurrencies DOT, XTZ, ADA, SOL, ATOM and MATIC. 235 Total views 4 Total shares Major European cryptocurrency investment firm CoinShares is expanding its exchange-traded products (ETP) with a new physically-backed ETP based on Algorand (ALGO).CoinShares on Thursday announced the listing of its physically-backed…

CEO of Telecoms Giant Swisscom’s Blockchain Unit Steps Down
The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, according to a press release on Swisscom’s website, Jan. 30.As major local news outlet Swissinfo reported the same day, news of Daniel Haudenschild’s reportedly sudden departure from Swisscom Blockchain came just a day before the executive accepted…

Cambodia explores cross-border transactions of CBDC-like Bakong
Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier. 446 Total views 478 Total shares The National Bank of Cambodia (NBC) continues progressing with its central bank digital currency-like initiative known as Bakong, disclosing several project milestones.NBC’s director-general and the Bakong project lead Chea Serey said in…

Bitcoin price hits $27K in new 9-month high as Fed injects $300B
Bitcoin (BTC) hit new nine-month highs on March 17 as the latest events in the growing United States banking crisis boosted crypto markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBanking crisis volatility sees $27,000 BTC priceData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $27,025 on Bitstamp before consolidating.At the time of writing, the pair…

Bitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data
The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological resistance level, as investors remained cautious about the Federal Reserve's taper timing. Bitcoin corrects after logging its week-to-date high of $49,667. Source: TradingView.comIn detail,…

What is fair use? US Supreme Court weighs in on AI’s copyright dilemma
Generative artificial intelligence models such as OpenAI’s ChatGPT are trained by being fed giant amounts of data, but what happens when this data is copyrighted?Well, the defendants in a variety of lawsuits currently making their way through the courts claim that the process infringes upon their copyright protections.For example, on Feb. 3, stock photo provider…

Bitcoin hashrate hits 8-month low as Chinese miners power down
Bitcoin’s hashrate plummets to roughly 91 EH/s as Sichuan miners close up shop. 1287 Total views 2 Total shares Bitcoin’s hashrate has fallen to its lowest levels since early November as mining operations in China start unplugging.Bitcoin’s network hashrate, a measure of its computational horsepower, has slumped 46% since its peak level in mid-May. According…

Ripple’s Sarbhai: Regulators No Longer Take the ‘Blockchain Good, Crypto Bad’ Approach
Ripple’s Sagar Sarbhai has said he believes that blockchain technology and crypto assets are now being tackled more holistically by policymakers, in an interview on CNBC Markets today, September 17.Sarbhai, who is head of regulatory relations for Asia-Pacific and the Middle East at Ripple, said he thinks that regulators are no longer taking a compartmentalized…