A record-breaking €1.2 billion ($1.3 billion) punishment was issued by the Data Protection Commission of Ireland against the social networking company, Meta. It is forbidden to send information on European Facebook users to the U.S. This is a serious breach of European Union data privacy laws. Because of Meta’s disregard
May 22, 2023 1 min read
On Friday, Sotheby’s completed the auction of many rare non-fungible tokens (NFTs) confiscated from the extensive collection of defunct crypto hedge firm Three Arrows Capital (3AC), netting $2,482,850. The Grails collection of NFTs, developed as part of 3AC’s asset portfolio which began in 2021, was the focus of the auction
May 21, 2023 1 min read
Mobile access to ChatGPT is now available on iOS. OpenAI has finally released its famous AI chatbot as an official iOS app, months after the App Store was flooded with illegitimate services claiming to be affiliated with OpenAI. The business claims that the new ChatGPT app will be available for
May 20, 2023 1 min read
On May 18, the Economic Development Board of the Kingdom of Bahrain announced that the Whampoa Group, a Singaporean family office, will establish a digital bank in the country. The Group plans to launch the bank before the end of the year, targeting customers all around the world. In addition
May 19, 2023 2 mins read
On May 19th, Jay Yao, a consultant working on the Paraspace NFT protocol, resigned from his job in the firm amid the ongoing controversy about the locations of the protocol’s funding. The missing funds and a storm of CEO and consultant charges against one another made headlines last week over
May 19, 2023 1 min read
This year has been a roller-coaster for the NFT-based ApeCoin because of its erratic highs and lows. Recently, the APE project’s governing DAO approved a community request. That would lead to the creation of an Accelerator program. That encourages the incubation of businesses that use ApeCoin tokens (APE) to enhance
May 18, 2023 1 min read
Pantos, the Multichain Token System developed by the people behind Bitpanda, today announced the public release of the Multichain Token Creator. It is a user-friendly web application developed on top of the Pantos Digital Asset Standard (PANDAS) that enables users to create and deploy their own multichain tokens. Developers may also download
May 17, 2023 2 mins read
Tron’s founder and a major player in the cryptocurrency industry, H.E. Justin Sun, has revealed a major problem with the distribution of Huobi Tokens (HT) in a tweet. According to Sun, millions of HT tokens were given away to Li Wei. The brother of Leon Li, the HT DAO’s founder,
May 16, 2023 2 mins read
Members of the Council of the European Union voted in favor of the Markets in Crypto-Assets (MiCA) legislation on May 16. Granting it final approval and paving the way for it to become a standardized regulation throughout the EU. There were 27 yes votes from Finance Ministers from EU member
May 16, 2023 1 min read
MicroStrategy, a developer of business software and analytics, has stated that it would soon release a number of products relating to Bitcoin. A Bitcoin (BTC) wallet and a Lightning address will soon be made available to corporate account users, as he revealed in a recent Twitter post. At @MicroStrategy, we
May 15, 2023 2 mins read
