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October 18, 2024
DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency. Singapore’s DBS Bank has introduced a new suite of blockchain-powered services for its institutional clients.  In an announcement sent to Cointelegraph, DBS introduced the “DBS Token Services,” which facilitate real-time payment settlements using the...
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Ripple’s chief legal officer, Stuart Alderoty, emphasized that the SEC’s Form C doesn’t appeal the ruling that XRP is not a security. The United States Securities and Exchange Commission’s latest appeal in its case against Ripple doesn’t challenge to the court’s ruling that XRP is not a security. On Oct. 16, the SEC filed a...
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UAE lawyer Irina Heaver told Cointelegraph that the framework would allow even smaller DAOs to operate legally.  The Ras Al Khaimah Digital Assets Oasis (RAK DAO), a free economic zone in the United Arab Emirates focused on digital assets, is set to introduce a legal framework for decentralized autonomous organizations (DAOs). In an announcement sent...
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BTC price resistance in the form of a downward-sloping channel is getting a grilling, which Bitcoin bulls hope may be its last. Bitcoin (BTC) faces a crunch weekly close as bulls seek to break through a seven-month downtrend. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView reveals BTC price action attempting...
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The US Treasury has tapped into AI machine learning to sift through data to detect and prevent billions of dollars in check fraud. The United States Department of Treasury said it used artificial intelligence to sift through data and recover $4 billion in “fraud and improper payments” in the 2024 fiscal year. The Treasury said...
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A proposal to change the blob gas target and max values on Ethereum comes seven months after blobs were introduced in the blockchain’s Dencun upgrade in March. Ethereum developers are set to implement an Ethereum Improvement Proposal (EIP) to optimize blob-carrying transactions in a bid to improve network scalability in the upcoming Pectra fork. EIP-7742...
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World, formerly Worldcoin, says its World Chain will privilege verified human users over bots by giving them priority access to block space and an allowance of free gas. The Sam Altman-founded “proof-of-humanity” project Worldcoin — which rebranded to World — has launched an Ethereum layer 2 blockchain it dubbed World Chain. In an Oct. 17...
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Penn Engineering researchers said they created an algorithm that bypassed normal safety protocols stopping AI-powered robots from performing harmful actions.  Researchers have hacked artificial intelligence-powered robots and manipulated them into performing actions usually blocked by safety and ethical protocols, such as causing collisions or detonating a bomb.   Penn Engineering researchers published their findings in an...
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BitMEX co-founder Arthur Hayes predicts Bitcoin’s price will rise alongside surging oil and energy prices if tensions between Iran and Israel boil over. Bitcoin prices will surge if escalating tensions in the Middle East cause oil and energy prices to rise, according to Arthur Hayes, co-founder of the crypto exchange BitMEX.  Hayes wrote in an...
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One in seven, or 16%, of respondents in a survey by The Digital Chamber said they’d vote for the most pro-crypto candidate. Around 26 million United States voters are part of a “crypto voting bloc” — flagging a pro crypto policy as a top requirement when deciding on who to vote for in the upcoming...
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