Tag Archives: News

Alibaba’s development of AI offers significant benefits to the strength of the Chinese technology sector. By making Tongyi Qianwen accessible to the Chinese community, there is potential for widespread innovation if used correctly. Leading Chinese tech company Alibaba has made a significant announcement regarding the accessibility of its AI model Tongyi Qianwen to the public. This decision comes on the heels of what appears to be government approval from the Chinese authorities, allowing...

Although Bluesky crossed one million downloads a few months ago, not all users who downloaded the app had accounts as access is restricted. Social networking service Bluesky has now hit a million users. The app, which originally spun out of Twitter (now known as X), officially hit this milestone, according to a recent post. A strategy and operations personnel at Bluesky, Rose Wang made a post on X announcing the news. According to an image posted by Wang, Bluesky has 1,000,055 users....

In a matter of weeks, Coinbase constituted a team to dig into the protocol and assess the feasibility of its integration. Coinbase CEO Brian Armstrong has announced the exchange’s plans to integrate the Bitcoin Lightning Network (LN) into its infrastructure. LN is a layer 2 payment protocol that was created to improve the scalability of Bitcoin and allow cheaper and faster Bitcoin transactions. Joseph Poon and Thaddeus Dryja proposed the protocol in a whitepaper published in January 2016....

This would be one of the biggest gatherings between US lawmakers and top tech personalities wherein they would be discussing the future of AI. Later today on Wednesday, September 13, more than 20 tech industry leaders are meeting behind closed doors with the US senators to look into how Congress can regulate artificial intelligence (AI). Top tech personalities such as Elon Musk, Mark Zuckerberg and Bill Gates are meeting. Expected attendees at the event include Senators Mike Rounds,...

Hashdex’s rivals, such as Ark Invest and 21Shares, have also approached the SEC with their separate applications for spot Ether ETFs. Popular US-based stock exchange Nasdaq has formally filed an application with the Securities and Exchange Commission (SEC) seeking approval to list an Ethereum (Ether) Exchange-Traded Fund (ETF). This innovative investment vehicle is crafted to combine spot ether holdings and futures contracts within its portfolio, paving the way for a novel approach to...

Solana price gained bearish momentum below the $20.00 level against the US Dollar. The price is now trading below $20 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $18.50 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $20 resistance. Solana price is trading in a bearish zone below $20 against the US Dollar, similar to...

Bitcoin price started a recovery wave above the $25,400 resistance against the US Dollar. The price is now trading above $25,850 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $26,450 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $26,450 resistance zone. Bitcoin price is recovering above $25,500 against the US Dollar. BTC might extend its...

Klaytn is expanding its offerings to focus on the tokenization of real-world assets like jewelry and real estate on its blockchain. Klaytn Foundation, the entity responsible for the enterprise blockchain platform Klaytn, has announced its intention to use blockchain technology to drive positive social change. The Foundation aims to improve financial penetration in Asia and other parts of the world by facilitating the development and deployment of new and related projects built on the...

There’s a rumor swirling around that the Department of Justice (DOJ) has dropped all charges against Sam Bankman-Fried, the former (disgraced) head of the now defunct crypto exchange FTX, but the agency has put out a statement saying this is not correct. Sam Bankman-Fried Will Have One Charge Against Him Dropped At press time, it appears only one charge has been dropped against Sam Bankman-Fried, and that’s count eight, which details an alleged campaign finance...

Financial giant Franklin Templeton has applied to the SEC for approval to launch a Bitcoin exchange-traded fund (ETF) named the Franklin Bitcoin ETF, with Coinbase as the custodian and trading on the Cboe BZX Exchange. Asset manager Franklin Templeton, a financial giant managing over $1.4 trillion on behalf of its clients, has submitted an application to the US Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund (ETF). According to the filed application, the...