The European Union’s approach to regulating artificial intelligence (AI) has come under fire from Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek. In a joint statement, the two tech leaders expressed concern over the EU’s “fragmented regulatory structure” which they claim is stifling innovation in the AI industry. They highlighted that the current framework
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German authorities recently conducted a nationwide crackdown on unlicensed crypto ATMs, seizing nearly 250,000 euros in cash and 13 machines. Led by the Federal Financial Supervisory Authority (BaFin), the operation aimed to strengthen regulatory oversight in the rapidly expanding cryptocurrency sector. The sting operation targeted 35 locations across the country where crypto ATMs were allegedly
Bitcoin’s price surged to $65,000 after a period of trading sideways, with experts pointing to the US Federal Reserve’s economic policies as a key factor. The relationship between Bitcoin and the US central bank’s actions has been evident over the past few years, particularly since the COVID-19 crash. The unprecedented inflation spike following the crash
The latest report released by Coinbase sheds light on the potential impact of young, pro-crypto voters on the 2024 US presidential elections. With Gen Z and Millennials making up 40% of the electorate, there is a growing trend towards supporting candidates who champion crypto and financial innovation. These younger Americans are increasingly discontent with the
Semilore Faleti is not your average cryptocurrency writer. With a background in journalism and content creation, he has managed to carve out a niche for himself in the complex and ever-changing world of blockchain and digital currencies. While he may have started out covering a variety of topics, it is clear that his true passion
Recent on-chain data analysis points to a concerning trend in the world of Bitcoin. Despite historical patterns indicating that high demand typically precedes price recoveries and rallies, the current market dynamics tell a different story. Bitcoin demand growth has slowed down significantly since early April, when the cryptocurrency was priced around $70,000. The 30-day Apparent
Binance, the world’s largest cryptocurrency exchange, recently announced that it will be temporarily suspending deposits and withdrawals of The Open Network (TON) on August 26. While trading will remain unaffected, this decision has raised questions among users about the future of TON and its price stability. The wallet maintenance for TON on August 26 is
Cardano has been making headlines lately with a series of bullish predictions, particularly in anticipation of the Chang upgrade. This upgrade is seen as a significant step forward for the network, generating a surge of optimism among its supporters. In the past three years, Cardano has experienced both bullish and bearish cycles, with the bears
Bitcoin’s price has seen some significant fluctuations in recent days, with the bulls currently holding the upper hand as they push BTC above $61,000. However, the weekend tends to bring about a different price action due to lower trading volume. This lack of volume can lead to more volatility in the market, making it easier
Ripple, a prominent player in the cryptocurrency industry, has recently announced its plans to launch a stablecoin called Ripple USD (RLUSD). This stablecoin is set to operate on both the XRP Ledger and Ethereum, with the goal of bridging the gap between crypto and traditional finance. Just a few days ago, Ripple minted the first
