Sweat Economy – the team behind the SWEAT token revealed that there’s a brand new Web3 governance proposal aimed at enabling the community decide the faith of a whopping 100 million of its native tokens. The vote is set to take place on April 18th, and it will give the community the authority to determine how to deal with 100 million SWEAT tokens. The community will decide what part of that should go to reward long-term stakers and what part of it will be burned. The...
Read More »Coinbase Eyes UK and Europe Market amid Heightened US Crypto Regulatory Scrutiny
Coinbase Global shares have gained more than 91 percent YTD to trade around $69.72 on Tuesday amid Bitcoin’s 2023 pump. Coinbase Global Inc (NASDAQ: COIN) was served a Wells notice from the US Securities and Exchange Commission (SEC) for an undefined portion of its listed digital assets, Coinbase Earn, Coinbase Prime, and Coinbase Wallet. With several other top centralized exchanges including Bittrex and Binance under the SEC’s radar, Coinbase Global has begun exploring global options,...
Read More »Crypto Regulations Coming Within a Year in the UK: Andrew Griffith Says
Andrew Griffith – economic secretary to the UK Treasury and Member of Parliament – said the Kingdom’s authorities plan to impose a regulatory framework on the cryptocurrency industry in the next 12 months. The rules will aim to drive the sector forward and turn Britain into a digital asset hub. Regulation is on its Way In a recent interview for CNBC, Griffith said the UK government is willing to enforce pertinent rules on the crypto sector and will discuss the matter until...
Read More »Nike Virtual Studio to Airdrop OF1 to .SWOOSH Community Members
The Nike Virtual Studio launch of the OF1 is also in tandem with the ideologies as it seeks to preserve the legacies of the Nike sneakers in all of their glory to collectors. Web 3.0 startup, Nike Virtual Studio is set to release the Our Force 1 (OF1) Non-Fungible Token (NFT) token as it seeks to power the accessibility to custom utilities for communities linked to its growth across the board. As detailed in a blog post, the chain of events leading to the release of the OF1 collection will...
Read More »Ericsson Q1 2023 Outing Receives Sales Boost from Indian Market amid US Contraction
In its Q1 2023 report, Swedish telecom giant Ericsson described India as a viable market that drove sales up fivefold. Ericsson (NASDAQ: ERIC) recently reported its Q1 2023 earnings which beat expectations and revealed a boost in quarterly profit. On Tuesday, the Swedish telecom giant first-quarter core earnings benefited from increased sales of 5G equipment in countries like India. Ericsson’s net sales grew 14% in the first three months of 2023, surpassing the consensus estimate of 60.43...
Read More »Starbucks Web3 Platform Odyssey to Launch New NFTs
Starbucks mailed to Odyssey beta testers with the subject line “We’re Getting Closer” suggesting that a public rollout will happen soon. Following its NFT drop that sold out in a matter of minutes, Starbucks is now all set to inaugurate another collection this week and claims that a public launch for its Odyssey Web3 rewards programs is being awaited. On Wednesday, April 19th, Starbucks will introduce its First Store Collection which consists of more than 50,000 NFT stamp collectibles...
Read More »EverdreamSoft Launches Subscription-Based ChainChronicles NFTs
The very first ChainChronicles NFTs will be issued in May and collectors who sign up for the subscription in April will get 20% off their first purchases. Software services platform EverdreamSoft, branded as the first outfit to launch the first blockchain-based game has launched a subscription-based Non-Fungible Token (NFT) collection dubbed ChainChronicles. As contained in a press release shared with Coinspeaker, the new collection is built up on the ideologies behind the company’s...
Read More »Bitcoin NFTs Are Really Taking Off
A new brand of NFTs is stemming from the bitcoin blockchain, and things are going quite well for the series. Bitcoin NFTs Are Getting Bigger and Bigger The news is unique in that most of the time, NFTs (pixelated art tokens) are built atop the Ethereum blockchain. ETH has long been the most popular network for developers looking to utilize the network’s smart contract capabilities to establish applications, new coins, and other products. However, bitcoin – while...
Read More »Crypto Exchange Bybit Opens Global Headquarters in Dubai
The exchange has expressed its commitment to building a diverse and dynamic team both in Dubai and globally. Cryptocurrency exchange Bybit has opened its global headquarters in Dubai, with plans to strengthen its presence in the Middle East and North Africa (MENA) region. The firm’s corporate headquarters occupies an entire floor at One Central, Dubai World Trade Centre with an open space of 16,000 square feet. ?? Join our Dubai HQ Opening Celebration here: https://t.co/syICipGF4x —...
Read More »ChatGPT Can Predict Stock Moves from News Headlines and Decode Fed Speak
The researchers also stated that ChatGPT could beat the commonly used models from Google, dubbed BERT along with the classifications based on dictionaries. OpenAI’s popular chatbot system ChatGPT hasn’t failed to surprise people across the world, and once again, it’s out to show its AI prowess. Earlier this month, two new papers have been published that deployed the AI chatbot in some market-relevant tasks. The first task involved deciphering whether the Fed’s comments are dovish or...
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