Officials in Washington D.C. said they will hold a listening session to understand the experiences of workers and the usage of AI surveillance in the workplace. Officials in the United States are making efforts to keep tabs on the development of artificial intelligence (AI), as new plans surface to examine workers’ experience with AI surveillance. ...Continue Reading
A bold prediction states that BTC price can gain 500% between now and April 2024. Bitcoin (BTC) price action may lack momentum this month, but one popular analyst is still eyeing new all-time highs. In his latest analysis, TechDev confirmed that he believes BTC/USD will see a “parabolic top” around the 2024 block subsidy halving....Continue Reading
Outlier Ventures founder Jamie Burke warns that as projects compromise with products that are not interoperable, it blurs the vision of Web3. As Web3 remains in its early stages, its ideals and original vision of creating an interoperable financial landscape are under attack, according to Jamie Burke, the founder and CEO of Web3 accelerator Outlier...Continue Reading
The venture capital firm will allocate up to $200,000 to blockchain projects that it deems promising. On May 24, Singaporean venture capital firm Foresight Ventures announced that it would pledge an additional $10 million to its Foresight X Accelerator, bringing its total to $20 million. The move comes as the firm opens the second phase...Continue Reading
The International Monetary Fund projects 2.2% GDP growth and manageable debt, but warns of liquidity risks. The Central African Republic (CAR) has received optimism from the International Monetary Fund (IMF) one year since it adopted Bitcoin (BTC). The IMF’s positive outlook reflects the country’s economic prospects and the impact of embracing the leading cryptocurrency. The IMF published...Continue Reading
The platform aims to consolidate the resources of academic institutions and enterprises in China and bolster research efforts in areas related to the metaverse. Nanjing City, the capital of Jiangsu Province in China, on May 22, inaugurated the China Blockchain Technology and Application Innovation Platform. This government-supported platform aims to foster and advance metaverse research...Continue Reading
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects. Early-stage venture capital firm Dispersion Capital recently exited stealth to launch a $40 million fund for startups working on infrastructure for Web3 projects. Per an announcement, Dispersion Capital has already invested in 20 companies, “with a majority receiving follow-on financing.”...Continue Reading
3 key indicators are behind the prolonged bearish trend in Ether, and data fails to identify an immediate catalyst for a price breakout. Ether’s price has been stuck below $1,920 for the past 16 days, which is especially concerning since the latest breakout attempt on May 6 lasted less than 24 hours. Excluding this brief...Continue Reading
Ledger CEO Pascal Gauthier says the past week has been a “humbling experience” and apologized for the firm’s “miscommunication.” Hardware wallet company Ledger is postponing the launch of Ledger Recover following an intense week of criticism from the crypto community. In a May 23 Twitter Spaces joined by over 13,000 users, Ledger chairman and CEO...Continue Reading
Ether can simultaneously be a security and commodity under the regulatory scope of the SEC and CFTC, former CFTC commissioner Dan Berkovitz claimed. Ethereum’s native Ether (ETH) token may be both a commodity and a security, the former commissioner of the United States Commodities Futures Trading Commission has claimed. Speaking on a May 23 episode...Continue Reading
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