Day: 11 April 2023

On April 10, 2023, CoinGecko and Blockchain Research Lab conducted a poll that revealed the primary motivations for purchasing non-fungible tokens (NFTs). Despite criticism from some detractors who view NFTs as overpriced digital art, their popularity has surged, and more than 75% of cryptocurrency owners now hold at least one ...

As the development of artificial intelligence (AI) picks up pace, governments worldwide are grappling with how to effectively manage this technology. In China, local officials have announced their intention to require the evaluation of generative AI services before they can become operational. The Cyberspace Administration of China (CAC), the country's ...

On April 11, the Central Bank of Montenegro (CBCG) announced that it had partnered with Ripple to formulate a plan and carry out a trial program for a Montenegrin digital currency in the form of either a Central Bank Digital Currency (CBDC) or a stablecoin. The introduction of digital currency ...

Robert F. Kennedy Jr., a Democrat and nephew of former President John F. Kennedy, and Republican Governor of Florida, Ron DeSantis, have raised concerns about the Federal Reserve's FedNow payment system, alleging that it could pave the way for the development of a central bank digital currency (CBDC).  Kennedy Jr. ...

The G20, an intergovernmental forum composed of 19 nations and the European Union, has recently announced its intention to establish a unified framework to help countries manage the risks associated with cryptocurrency investments.  During India's presidency, Finance Minister Nirmala Sitharaman led the G20 in urging the development of coordinated global ...

Open Exchange (OPNX) has recently achieved a notable feat by reporting a substantial increase in trading volume. This is a significant accomplishment considering the appallingly low volume on its first day of trading. In fact, the company even joked about the situation, indicating how far they have come since then. ...

The legal costs incurred by the bankrupt cryptocurrency exchange FTX in February 2023 have been released, and they remain a cause of concern for the company's debtors. Court documents from April 4 to April 10, 2023, show that the law firms involved in FTX's bankruptcy proceedings billed almost $32.5 million ...