CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution. According to a proposal discussion on Celo’s governance forum, the transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain,
Blockchain
United States presidential candidate Ron DeSantis once again criticized central bank digital currencies (CBDCs), arguing against the possibility of a digital dollar in the country. Speaking at the Family Leadership Summit on July 14, DeSantis promised to ban CBDCs in the U.S. if he is elected president. “If I am the president, on day one,
OPNX, an exchange dedicated to the trading of bankruptcy claims against fallen crypto firms, has listed FTX and Celsius claims. According to the July 14 announcement, FTX claims specifically can be immediately onboarded and converted into collateral in the form of OPNX’s native reborn OX (reOX) tokens or oUSD, its credit currency. Users can then
Bitcoin (BTC) looked set to challenge range highs on July 13 as fresh macroeconomic data boosted risk asset bulls. BTC/USD 1-hour chart. Source: TradingView PPI shows U.S. inflation retreating beyond expectations Data from Cointelegraph Markets Pro and TradingView followed the market as the BTC price focus shifted above $30,500. PPI inflation leads CPI by a
QuillBot, an advanced artificial intelligence (AI) writing tool, offers features such as sentence rephrasing, article rewriting and AI-generated content creation. QuillBot serves as a complete language processing and productivity tool with its grammar checking and writing enhancement features. It aims to fulfill a variety of writing requirements, including academic writing, blogging and proofreading. As an
Each year, the amount of data generated across the globe is growing exponentially. From the explosion in the use of digital tools in the workplace to the ever-growing use of Internet of Things devices, social media, online gaming, e-commerce and other digital platforms, each day sees the creation of a massive amount of data that
The number of new developers entering the cryptocurrency sector has dropped by nearly 50 percent over the past year, according to research from Electric Capital’s Developer Report. The latest gauge of the state of the cryptocurrency developer ecosystem indicates that long-term coders that have worked in the industry for over a year commit more code
Bitcoin (BTC) will suck in “all prosperity gains” in future and leave behind those who have no exposure as a result, a new prediction says. In a Twitter thread on July 8, investor Luke Broyles delivered a bold vision of how Bitcoin would become “society’s base money.” Investor tells would-be Bitcoin buyers: “Get off zero”
Twitter’s plans to roll out a payment platform took a major step forward this week as its subsidiary, Twitter Payments, received its first money transmitter licenses in the United States states of Michigan, New Hampshire and Missouri. The company — reportedly building a solution with crypto in mind — is seeking to provide transfer services
Bitcoin (BTC) will be the currency of artificial intelligence (AI) and could reach a price per coin of $760,000 in the process, Arthur Hayes says. In his latest essay titled “Massa,” the former BitMEX CEO concluded that the AI revolution would naturally gravitate toward BTC. Hayes: Bitcoin is “logical currency choice for AI” Despite fiat
Ether (ETH) price faced resistance after hitting the $1,970 level on July 3. A number of factors capped the rally, including higher odds of more interest rate hikes in the coming months and a tighter regulatory cryptocurrency environment. Macro headwinds from the Fed Besides the external factors, the Ethereum network has faced withdrawals from its
“Any kid who doesn’t learn something about Bitcoin is missing out,” says Bitcoin advocate Ben De Waal. De Waal explains that his 12-year-old daughter Samantha has already convinced “a couple” of her schoolmates and a teacher to hop on the Bitcoin bandwagon, though she’s not attempting to “orange pill the entire school”… yet. Ben De
Cointelegraph is launching Zero Barriers, a special six-part podcast series in collaboration with StarkWare. The series, which features as part of the Decentralize with Cointelegraph podcast, will explore the evolving world of zero-knowledge rollups (ZK-rollups) and the next steps for the adoption of blockchain technology. Throughout the series, three different hosts from the Cointelegraph team
Singapore’s central bank is introducing new measures to improve investor protection and market integrity in the cryptocurrency industry. On July 3, the Monetary Authority of Singapore (MAS) announced new requirements for crypto service providers to hold customer assets into a statutory trust by year-end. “This will mitigate the risk of loss or misuse of customers’
Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round. The total LUNC tokens burned by Binance now exceed 35.5 billion, with the community’s burn surpassing 68 billion. Traders have reacted positively to the burn, with LUNC seeing a 3% price increase. Based on a transaction
The area of machine learning, which is quickly expanding, uses statistical methods and data analysis to teach computers how to learn and make predictions or judgements without being explicitly programmed. There is a rising need for employees with entry-level expertise in machine learning as businesses and industries increasingly understand its usefulness. Here are five entry-level positions in
An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI) regulations not to stunt the industry or markets. On June 30, executives from companies such as Renault, Meta, Spanish telecom company Cellnex and German investment bank
Canadian lawmakers in the House of Commons have shown their support for blockchain technology and cryptocurrencies in a report released by the Standing Committee on Industry and Technology (INDU). The report, which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors. As a result of the INDU’s deliberations,
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