Vitalik Buterin suggests AI hardware pause for humanity’s safety
Buterin said a last resort to “slow down” dangerous forms of superintelligent AI would be to restrict available global computing power for a year or two.
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Kyrgyzstan Proposes Draft Law to Introduce Crypto Mining Taxation
On Aug. 28, the Ministry of Economy of Kyrgyzstan has submitted the draft law “On Amending the Tax Code” with the aim of introducing cryptocurrency mining taxation.New tax proposalAccording to news outlet Kabar, the draft law was specifically developed to allow for the possible taxation of crypto mining.The taxation on cryptocurrency mining is expected to…

Bitcoin has ‘no real economic need,’ says ECB adviser
ECB adviser Jürgen Schaaf has dismissed BTC reserves, citing volatility and lack of economic necessity as Bitcoin falls below $88K amid marketwide liquidations.

BTC Maximalists Are Right That 95% of Crypto Is a Scam, Says Emin Gun Sirer
There are more than 5,000 diverse cryptocurrencies being traded with a total market cap of nearly $250 billion. As much as 95% of those cryptos are nothing but scams, according to the creator of the world’s first proof-of-work, or PoW, crypto.Emin Gun Sirer, the creator of the first PoW-based crypto, the Karma System, is confident…


Walmart China Will Track Food in Supply Chain with Vechain’s Thor Blockchain
Walmart China plans to track food through its supply chain with VeChain’s Thor blockchain, reveals a VeChain press release published on June 25.Per the release, the Walmart China Blockchain Traceability Platform (WCBTP) will be a joint venture by Walmart China, VeChain, PricewaterhouseCoopers (PwC), cattle company Inner Mongolia Kerchin, and the China Chain-Store & Franchise Association.…

Binance under scrutiny for seizing Palestinian crypto funds
Binance denied reports suggesting that the crypto exchange seized funds from all Palestinians, stating that only a small number of accounts was restricted.

Partying in Davos with Cointelegraph: Crypto card payments accepted
We’re saying farewell to the World Economic Forum Annual meeting by demonstrating the real-world utility of crypto payments. With the World Economic Forum (WEF) Annual Meeting drawing to a close, attendees had the opportunity to join Cointelegraph for a farewell party at Ex Bar in Davos — where they could actually pay for food and…

Kraken users demand refunds over flash-crash liquidations
Margin traders on Kraken are outraged after a flash-crash triggered wholesale liquidations while the exchange was inaccessible to users. 1373 Total views 8 Total shares Kraken users are demanding compensation after violent flash crashes localized to the exchange resulted in leveraged trades being liquidated amid the sharp retracements recorded across the crypto markets on Feb.…