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Weekly overview

Read more about the article Bitcoin needs layer-2 networks more than Ethereum does — Merlin Chain founder

Bitcoin needs layer-2 networks more than Ethereum does — Merlin Chain founder

  • Post author:admin
  • Post published:February 9, 2024
  • Post category:Weekly overview

Jeff, the founder of Merlin Chain, argues that Ethereum can handle most of the innovations built on layer-2 networks, but Bitcoin cannot, making layer-2s more important for the Bitcoin ecosystem.…

Continue ReadingBitcoin needs layer-2 networks more than Ethereum does — Merlin Chain founder
Read more about the article Spot Bitcoin ETF ‘superior’ to gold ETF — Core Scientific founder

Spot Bitcoin ETF ‘superior’ to gold ETF — Core Scientific founder

  • Post author:admin
  • Post published:February 9, 2024
  • Post category:Weekly overview

Physically backed Bitcoin ETFs, like the Bitwise Bitcoin ETF, are safer than any other ETFs due to their unique accounting system, Core Scientific founder Darin Feinstein believes. With the arrival…

Continue ReadingSpot Bitcoin ETF ‘superior’ to gold ETF — Core Scientific founder
Read more about the article WeMade claims compliance exemptions amid regulatory investigation

WeMade claims compliance exemptions amid regulatory investigation

  • Post author:admin
  • Post published:February 9, 2024
  • Post category:Weekly overview

South Korean prosecutors are reportedly examining if WeMade withheld giving private keys to users, which would mean the video game developer violated local reporting rules. South Korean Web3 game developer…

Continue ReadingWeMade claims compliance exemptions amid regulatory investigation
Read more about the article Arm stock surges 30% as AI chip demand ignites

Arm stock surges 30% as AI chip demand ignites

  • Post author:admin
  • Post published:February 9, 2024
  • Post category:Weekly overview

Arm’s soaring stock price and robust growth forecast are being fueled by AI demand and strategic expansions. Leading United Kingdom-based tech company Arm saw its stock surge over 30% on…

Continue ReadingArm stock surges 30% as AI chip demand ignites
Read more about the article Hong Kong plans universal AML requirements for OTC crypto traders

Hong Kong plans universal AML requirements for OTC crypto traders

  • Post author:admin
  • Post published:February 9, 2024
  • Post category:Weekly overview

The primary suggestion of the paper is to include OTC trades under the jurisdiction of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. The government of Hong Kong will tighten regulations…

Continue ReadingHong Kong plans universal AML requirements for OTC crypto traders
Read more about the article Microsoft Azure lays foundation for India-focused voice-based generative AI apps

Microsoft Azure lays foundation for India-focused voice-based generative AI apps

  • Post author:admin
  • Post published:February 9, 2024
  • Post category:Weekly overview

Microsoft revealed a partnership with Indian startup Sarvam AI to build on its Azure AI models and deploy a voice-based large language model targeting Indic languages and context. Big Tech…

Continue ReadingMicrosoft Azure lays foundation for India-focused voice-based generative AI apps
Read more about the article Crypto use in money laundering ‘far below’ cash — US Treasury

Crypto use in money laundering ‘far below’ cash — US Treasury

  • Post author:admin
  • Post published:February 9, 2024
  • Post category:Weekly overview

A detailed report on money laundering in the United States highlights that cash remains king for criminals looking to launder illicit funds. Cash, not cryptocurrencies, remains the go-to money laundering…

Continue ReadingCrypto use in money laundering ‘far below’ cash — US Treasury
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