Blockchain protocol MultiversX has implemented a novel two-factor authentication mechanism to add additional security to its network. Two-factor authentication (2FA) is a tried and tested online security measure, and the technology is now being used as an additional transaction signing measure on MultiversX’s blockchain protocol. MultiversX CEO Beniamin Mincu unpacked the protocol’s new guardian service...Continue Reading

Bitcoin may have tagged new yearly highs, but BTC price performance still needs to prove itself with a range breakout, traders argue. Bitcoin (BTC) consolidated near $31,000 on July 14 after a classic short squeeze sparked new yearly highs. BTC/USD 1-day chart. Source: TradingView BTC liquidates $50 million shorts in new squeeze Data from Cointelegraph...Continue Reading

The AI proposal suggested that background performers should undergo scanning, receive payment for a single day and grant their companies complete ownership over the scan, image and likeness. Artificial intelligence (AI) has crept into another arm of Hollywood sending the industry back into an already established debate over its usage as Duncan Crabtree-Ireland, the Screen...Continue Reading

The new features include hearing spoken responses, uploading images for prompts and utilizing the AI tool to analyze photos. On July 13, Google said it had launched its Bard chatbot to users in the European Union and Brazil. This launch comes after the tech company overcame regulatory hurdles faced in the EU. The territory expansion...Continue Reading

The United States Securities and Exchange Commission might be investigated for a “haphazard and heavy-handed approach to digital assets.” The United States Securities and Exchange Commission (SEC) could be investigated for a “haphazard and heavy-handed approach to digital assets” or, more specifically, for its “sweetheart deal” with crypto platform Prometheum.  On July 13, U.S. Representative...Continue Reading

Index funds and ETFs offer attractive options for passive income investing, providing investors with diversified exposure to various crypto assets. The key to gaining financial security and independence is to invest in passive income. Passive income is generated through investments that offer a consistent source of income with little continuing involvement, in contrast to active...Continue Reading

A community member responded that they were also “pleased” to see former Celsius CEO Alex Mashinsky charged with multiple crimes. Bankrupt crypto lender Celsius Network has posted that the company is pleased with the resolutions that it was able to reach with various United States government agencies. The announcement came after the news that the...Continue Reading

The XRP price rallied over 70% — bringing up its value from $0.47 to $0.82 in a day. The incident also marks the biggest price jump for XRP in the past year. A court ruling in favor of Ripple Labs — stating that XRP (XRP) is not a security — reignited the long-lost hype around...Continue Reading

The CEO believes investors will be inclined to seek exposure to Bitcoin in a more familiar, structured and protected regulatory environment. Australian-based crypto investment firm Monochrome Asset Management has updated its application to offer a spot Bitcoin (BTC) exchange-traded fund (ETF) on the Australian Securities Exchange (ASX) through its partner Vasco Trustees. The ETF — Monochrome...Continue Reading

Under bail conditions, only Sam Bankman-Fried’s lawyers are exempt from security checks, now they’ve asked if this can be extended to “close friends.” Former FTX CEO Sam Bankman-Fried wants to be able to have his “close friends” visit him at his parent’s home without them being subject to security checks. In a July 13 letter...Continue Reading