UAE lawyer Irina Heaver told Cointelegraph that the framework would allow even smaller DAOs to operate legally. Read More at https://cointelegraph.com/news/uae-dao-legal-framework-ras-al-khaimah?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: October 2024
BTC price set to break 7-month slump as Bitcoin ETFs hit $65B record
BTC price resistance in the form of a downward-sloping channel is getting a grilling, which Bitcoin bulls hope may be its last. Read More at https://cointelegraph.com/news/btc-price-break-7-month-slump-bitcoin-etfs-hit-65b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Treasury used AI to recover $4 billion in fraud over past year
The US Treasury has tapped into AI machine learning to sift through data to detect and prevent billions of dollars in check fraud. Read More at https://cointelegraph.com/news/ai-helps-treasury-recover-billions-in-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Researchers hack AI-enabled robots to cause ‘real world’ harm
Penn Engineering researchers said they created an algorithm that bypassed normal safety protocols stopping AI-powered robots from performing harmful actions. Read More at https://cointelegraph.com/news/ai-robots-hacked-to-cause-real-world-harm?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Worldcoin unveils new Layer-2 network 'World Chain'
World, formerly Worldcoin, says its World Chain will privilege verified human users over bots by giving them priority access to block space and an allowance of free gas. Read More at https://cointelegraph.com/news/worldcoin-launches-layer-2-network-world-chain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum’s Pectra fork adds dynamic blob fees to to improve L2 scaling
A proposal to change the blob gas target and max values on Ethereum comes seven months after blobs were introduced in the blockchain’s Dencun upgrade in March. Read More at https://cointelegraph.com/news/ethereum-devs-add-blob-upgrade-to-pectra-fork?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin to pump if oil, energy prices surge amid Middle East tension: Hayes
BitMEX co-founder Arthur Hayes predicts Bitcoin’s price will rise alongside surging oil and energy prices if tensions between Iran and Israel boil over. Read More at https://cointelegraph.com/news/bitcoin-rise-on-oil-energy-price-surge-middle-east-tension-arthur-hayes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFTC says court ‘erred at every turn’ in allowing Kalshi’s election markets
The CFTC says a federal court judge “mistakenly erred” when it allowed betting market Kalshi to list event contracts for the 2024 US elections. Read More at https://cointelegraph.com/news/cftc-court-erred-allowing-kalshi-election-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US has 26M strong ‘crypto voting bloc’ ahead of elections — Survey
One in seven, or 16%, of respondents in a survey by The Digital Chamber said they’d vote for the most pro-crypto candidate. Read More at https://cointelegraph.com/news/us-26-million-crypto-voting-bloc-2024-elections-survey?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Memecoins drove Tron network revenue to new high over Q3: Messari
Nearly a third of Tron’s record $151 million quarterly revenue came from its new memecoin launchpad SunPump over a two week period. Read More at https://cointelegraph.com/news/tron-memecoin-frenzy-pushed-quarterly-network-revenue-to-new-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound