Cryptocurrencies are transforming the e-commerce industry, offering global reach, cost savings, safety, and cross-border business opportunities, with potential to reach $2.9 billion by 2030. (Read More)
Worldcoin’s World App, launched in June 2023, has over 10 million users, promoting universal basic income and sparked interest in alternative wallets within the Worldcoin ecosystem. (Read More)
Ethereum’s Pectra upgrade, expected in late 2024 or early 2025, will enhance crypto wallets’ user experience and functionality, enabling smart contracts and sponsored transactions, but posing security concerns. (Read More)
Bitfinex Securities, the first licensed digital asset provider in El Salvador, is launching its inaugural tokenized asset raise on the Bitcoin layer 2 Liquid Network to fund a new Hilton hotel complex at El Salvador International Airport. (Read More)
Blockchain technology can combat bias in AI systems through decentralized, transparent smart contracts, but challenges like scalability, interoperability, and regulatory compliance need to be addressed. (Read More)
EigenLayer, an Ethereum restaking protocol, has launched, enabling restakers to delegate stakes to operators, promoting decentralized innovation and lowering entry barriers for new blockchain projects. (Read More)
A recent working paper by Anton Korinek and Donghyun Suh explores different scenarios for the transition to Artificial General Intelligence (AGI). The paper analyzes the impact of technological progress on output and wages, considering the possibility of full automation and its implications for the labor market. The authors discuss the race between automation and capital accumulation, the effects on wage dynamics, and the potential for broad-based gains in productivity. The research provides valuable insights into the economic consequences of AGI development. (Read More)
Binance, one of the leading cryptocurrency exchanges, has announced the introduction of the “Discover” feature on its Copy Trading platform. To celebrate the launch, Binance has also launched a Swipe and Trade Competition, offering participants a chance to share a prize pool of 30,000 USDT in token vouchers. (Read More)
The recent sale of 2/3 of $2.6 billion worth of Solana tokens by law firm Sullivan and Cromwell at a significant discount has sparked controversy. FTX Creditor Champion, Sunil, expressed concerns about the impact on FTX creditors, while others question the legality of the sale. This article delves into the details of the sale and the reactions it has garnered. (Read More)
ZachXBT, a blockchain investigator, claims IRS-CI has harassed him for assistance in solving blockchain crimes, underscoring tensions between privacy and law enforcement. (Read More)
