US Fed CIO says it’s ‘hard to justify’ hiring human coders over AI

The rise of decentralized finance and nonfungible tokens has transformed the blockchain ecosystem and generated near unimaginable riches for investors, but none of this would be possible without the strong foundation offered by layer-one blockchain networks like Bitcoin and Ethereum. Smart contracts and layer-two protocols promise to revolutionize the finance and logistics industry, but they require…

Decentralized data aggregator Fluence Labs highlighted user uptake as the number one problem facing decentralized app (DApp) developers in a new survey released on Jan. 29.The DApp industry, which began using the Ethereum blockchain in 2017, has since grown to number around 1,800 products, according to listing resource DappRadar.Fluence notes that of the 900 projects…

Opinion by: Hedi Navazan, chief compliance officer at 1inch Web3 needs a clear regulatory system that addresses innovation bottlenecks and user safety in decentralized finance (DeFi). A one-size-fits-all approach cannot be achieved to regulate DeFi. The industry needs custom, risk-based approaches that balance innovation, security and compliance. DeFi’s challenges and rules A common critique is

The Blockchain Association has asked the court, which is considering Kik’s case, to deny the SEC’s motion for summary judgment. 1848 Total views 60 Total shares The United States-based Blockchain Association has filed an amicus curiae brief in support of Canadian messenger Kik amid the firm’s legal battle with the Securities and Exchange Commission.The association…

Colossal is aiming to combat climate change by resurrecting extinct species in their natural habitats, with the firm’s landmark de-extinction project focused on woolly mammoths. 2897 Total views 15 Total shares Bitcoin billionaires Tim Draper and the Winklevoss twins have backed a start-up dubbed “Colossal” that is aiming to resurrect woolly mammoths as part of…

Bitcoin (BTC) can hit new all-time highs by June this year if historical patterns repeat, network economist Timothy Peterson said. Data uploaded to X on March 15 gives BTC/USD around two-and-a-half months to beat its $109,000 record. April could spark 50% BTC price upside Bitcoin has declined 30% after topping out in mid-January. The extent