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Source: AI News The European Parliament today approved the AI Act, the first ever regulatory framework governing the use of AI systems. The legislation passed with an overwhelming majority of 523 votes in favour, 46 against and 49 abstentions. “This is a historic day,” said Italian lawmaker Brando Benifei, co-lead on the AI Act. “We… Continue reading EU approves controversial AI Act to mixed reactions

Source: Cointelegraph Web3 and Web 3.0 are terms often used interchangeably, but they actually refer to two different concepts. Web3 refers to a decentralized web that is based on blockchain technology, while Web 3.0 is a semantic web that is more intelligent and connected. Web3 coinage The term “Web3” was first coined by Gavin Wood,… Continue reading Web3 is not the same as Web 3.0: What’s the difference?

Source: Cointelegraph BTC prices have rebounded to reclaim $71,000 in late trading on March 25. Bitcoin’s pre-halving retrace may already be over following one of the largest accumulation days in years, which saw Bitcoin reclaiming the $71,000 price level. On March 25, blockchain analytics firm Santiment reported that Bitcoin just “caught traders off guard” with… Continue reading Is Bitcoin’s pre-halving retrace over? 52K BTC accumulated on Sunday alone

Source: Forbes The success of ETFs over their relatively short lifetime is a testament to the power of retail investors. From 2003 to 2022, the ETF market grew from $200 billion to $9.6 trillion, expanding stock investing from the preserve of besuited city traders to a mass market of individuals eager to generate better returns… Continue reading RWAs Can Be The New ETFs For Retail Investors

Source: CoinDesk The approval of spot bitcoin ETFs in the U.S. in January led to a pickup in interest from Goldman’s existing clients, the report says. The spot bitcoin ETF approval has triggered an increase in interest among Goldman’s clients. The banking giant is expanding the offerings to asset managers, bank clients and certain digital… Continue reading Goldman Seeing ‘Resurgence of Interest’ for Crypto Options From Hedge Fund Clients: Bloomberg

Source: Forbes Shopping for products online isn’t always the most personal experience — regardless of our consumer data being monitored, stored, and even manipulated in hopes of delivering just that. While the feeling that our phones are listening to us has been debunked as a myth, it’s no coincidence that what we see on our… Continue reading From Broken To Open: Web3 Credential Networks In E-Commerce

Source: Blockchain News Binance will stop supporting USDC transactions on the TRC20 network from April 5, 2024, in response to Circle’s policy changes. Binance has announced that it will discontinue support for deposits and withdrawals of USD Coin (USDC) through the Tron (TRC20) network. This decision follows the footsteps of Circle, the issuer of USDC,… Continue reading Binance Ends USDC Transactions on TRC20 Network

Source: Cointelegraph The credit protocol saw a peak in real-world assets two years ago. Now, it is looking to revive the market. Decentralized credit protocol TrueFi has introduced the Trinity protocol with an eye on increasing the capital efficiency of on-chain real-world assets (RWA). The new protocol will use the dollar-based TRI token backed by… Continue reading TrueFi introduces dollar-based TRI token for real-world asset trading

Source: Blockchain News Binance introduces a Word of the Day game focusing on Bitcoin NFTs, offering 500,000 Binance Points to participants during the Bitcoin Halving celebration. In alignment with the upcoming 2024 Bitcoin Halving event, Binance, the world’s leading cryptocurrency exchange, has launched a unique educational campaign to boost crypto literacy, particularly focusing on Bitcoin… Continue reading Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest

Source: Cryptonews Layerswap, a platform facilitating cryptocurrency transfers between centralized exchanges and layer-2 blockchains, fell victim to a domain hijack incident resulting in a phishing scam that stole roughly $100,000 worth of crypto assets from around 50 users. In a commendable response, Layerswap has pledged to fully refund the stolen funds to affected users. Additionally,… Continue reading Layerswap Recovers Domain After Hijack, Restores User Funds After $100,000 Loss