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FSB's Crypto Guidelines Greeted Positively by G20 Leaders
The Financial Stability Board's (FSB) guidelines on crypto assets and international stablecoin operations have gained support from the Group of Twenty (G20) nations. This development was announced by Nirmala Sitharaman, India's Finance Minister, in a press briefing on Tuesday. Currently, India holds the presidency of the G20. Thailand and Singapore Against Crypto Staking and Lending
In a recent development, the Securities and Exchange Commission (SEC) of Thailand has implemented new regulations that require cryptocurrency exchanges and other entities to publicly disclose the potential risks associated with trading cryptocurrencies. Apple Vision Pro Unveiled: Long-Awaited Gadget Reviewed
The brains behind Apple have rolled out a VR headset, banking on it becoming the next must-have gadget following the iPhone. It's noteworthy to mention that the Apple Vision Pro marks the first major release since the Apple Watch. Substantial resources have been poured into its development and Apple is pinning great expectations on this novelty. The game-changing TON and the Open Network Overview
Discover Toncoin, the native token of The Open Network (TON), a decentralized Layer 1 blockchain. Toncoin is an eco-friendly token designed for payments, fees, and confirmation, boasting fast transactions, low fees, and a flexible architecture. This review covers information about the cryptocurrency's origins, competitors, potential uses, development plans, and token economics.
Ethereum co-founder Vitalik Buterin has teamed up with India-based crypto fund Crypto Relief and Polygon co-founder Sandeep Nailwal to contribute a substantial sum of $100 million towards COVID-19 research and the development of medical infrastructure in India.
Recognizing the ongoing threat of COVID-19 and potential future pandemics, Buterin took to Twitter on June 8th to highlight the urgent need for a comprehensive global solution. He emphasized the importance of combining cutting-edge scientific innovation with effective on-the-ground implementation to address these challenges head-on.
The generous donation will be directed towards critical areas of research, with a particular focus on studying COVID-19 airborne transmission and advancing the development of improved medical equipment.
By prioritizing these aspects, the initiative aims to enhance understanding and mitigation strategies, ultimately curbing the spread of the virus and improving healthcare outcomes for affected individuals. Dusk Network (DUSK): The Confidential Chain for dApps
Dusk Network is a blockchain protocol designed to prioritize confidentiality, enabling the development of dApps that utilize zero-knowledge proofs. This solution is built on a proprietary L1 network, which boasts an asset tokenization platform, a virtual machine, and smart contract functionality. The Mantle Network is now live on mainnet
The Ethereum-compatible Mantle Network, a Layer 2 blockchain solution, has initiated its alpha mainnet launch at the Ethereum Community Conference in Paris. Following a period of extensive testing and development over six months, the network accomplished over 14 million on-chain transactions. OECD Countries to Implement the Crypto Asset Reporting Framework
The Organisation for Economic Co-operation and Development (OECD) has introduced to its member nations CARF - an all-encompassing tax regime designed specifically for the crypto sector. It seems that cryptocurrencies are no longer serving as a "silent harbor" for anarchists who prefer not to share their hard-earned money with the government. The SEC Sets Its Sights on AI
The U.S. Securities and Exchange Commission (SEC) is broadening its horizons, extending its reach beyond BTC and altcoins to the AI market. This surprising development came to light when the former Chairman of the Commission discussed the latest regulatory initiatives involving cryptocurrencies. SEC Holds Off $30M Fine to Aid BlockFi Investors
In a noteworthy development, the U.S. Securities and Exchange Commission (SEC) has chosen to take a backseat regarding the enforcement of a $30 million fine on BlockFi, the crypto lending company which is currently in bankruptcy. According to legal documents from Thursday, the SEC's stance is primarily aimed at ensuring that investors are repaid first. American Crypto Business? Welcome to France!
In late April, the European Parliament gave the green light to the Markets in Crypto Assets (MiCA) legislation. MiCA has emerged as the first-ever and most comprehensive package of standards and rules governing the crypto industry across EU nations. This development prompts us to ponder how the ripple effects of MiCA will be felt outside Europe. Vitalik Buterin: Overcoming AI Risks Will Be a Challenge
A thought-provoking online discussion centered on humanity's future amidst the rapid development of artificial intelligence took place in Montenegro. The conversation that sparked the most interest was between Vitalik Buterin and Nate Soares, the founder of the Machine Intelligence Research Institute. SEC Seeks Court Order to Freeze Binance US Assets
In a recent development, the U.S. Securities and Exchange Commission (SEC) has requested a court to issue a temporary restraining order to immobilize assets connected to Binance.US. The request, filed in the D.C. District Court, seeks approval to freeze assets linked to BAM Management US Holdings and BAM Trading Services, the entities that hold and operate Binance.US. Boosting AI's Role in Cybersecurity
OpenAI, a leading entity in artificial intelligence development known for its creations like ChatGPT and Dall-e, has recently unveiled an ambitious $1M Cybersecurity Grant Program. The initiative is part of a broader campaign to encourage advancements and gauge the real-world impact of cybersecurity mechanisms powered by artificial intelligence. 




