The proposal calls for the redemption of PRT tokens for liquid treasury value, and the transition to a no-token protocol. Community members referred to the move as a “financial crime”. A recent proposal from Parrot Protocol’s team, a Solana-based liquidity network, has sparked controversy among its community members. The proposal, up for vote until July...Continue Reading

Ripple applied for a registration as a crypto asset firm with the United Kingdom’s Financial Conduct Authority (FCA) after its partial win against the U.S. SEC. Payment protocol Ripple has recently applied for a registration as a crypto asset firm with the United Kingdom’s Financial Conduct Authority (FCA), a spokesperson for the firm told Cointelegraph....Continue Reading

Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings. Bankrupted crypto lender Celsius Network reached two settlements that allows it to return assets to customers and end its bankruptcy proceedings, according to court filings on July 20.  The settlements will be analyzed...Continue Reading

Discover the contrasting functions of DApps and protocols in the blockchain world, and gain insights into how they contribute to the growth of decentralized technologies. In recent years, the rise of blockchain technology has paved the way for groundbreaking innovations in the realm of decentralized systems. Among the revolutionary concepts are decentralized applications (DApps) and...Continue Reading

The company cited that it will cease operations of its exchange services as part of the shareholders’ decision to restructure the business to focus on Cashlink. Nigerian social payments app, Bundle announced on July 20 that it is shutting down its crypto exchange arm.  According to a statement released on the company blog, explaining that...Continue Reading

The Biden Administration emphasized the responsibility of AI companies to ensure their products are safe for use. On July 21, The White House announced that prominent artificial intelligence (AI) companies, such as OpenAI, Google and Microsoft, have committed to developing AI technology that is safe, secure and transparent. The White House also acknowledged other companies...Continue Reading

The company provided a preorder page in the Google Play Store, allowing users to register for installation once the app is ready. On July 21, OpenAI revealed its plan to launch an Android version of the popular artificial intelligence (AI) ChatGPT chatbot in the coming week. The launch follows its release to iOS users in...Continue Reading

According to court documents, the SEC stated that it is now “considering the various available avenues for further review” on the ruling which found XRP to not be a security. The U.S. Securities and Exchange Commission has suggested that it may appeal a recent ruling on the Ripple Labs lawsuit, which deemed XRP to not...Continue Reading

Twitter has not yet specified what the daily DM limits will be, and the move hasn’t been received well by both verified and unverified users. More controversial changes are coming to Twitter, with the social media platform set to introduce daily direct message (DM) limits for unverified users. In a July 21 tweet, Twitter Support...Continue Reading

Contextual Answers is designed for enterprise but could have far-reaching implications for the generative AI sector. AI21 Labs recently launched “Contextual Answers,” a question-answering engine for large language models (LLMs).  When connected to an LLM, the new engine allows users to upload their own data libraries in order to restrict the model’s outputs to specific...Continue Reading