7RCC, a cryptocurrency firm specialising in environmentally conscious investment solutions, has submitted an application to the United States Securities and Exchange Commission (SEC) for a unique spot Bitcoin Exchange-Traded Fund (ETF). This ETF aims to provide a carbon-neutral investment opportunity in the cryptocurrency market, aligning with the principles of environmental, social, and governance (ESG) investing. The Eco-Friendly […]
Several influential figures have come together to support pro-crypto candidates in the upcoming 2024 US elections in a historic move that signals the crypto industry’s increasing involvement in politics. Among the prominent individuals backing this initiative are Brad Garlinghouse, CEO of Ripple, the Winklevoss twins, and Brian Armstrong, CEO of Coinbase. This united front of industry leaders […]
Bitwise Asset Management, a prominent cryptocurrency investment firm, has taken a bold step in promoting its Bitcoin exchange-traded product (ETF). The campaign’s central message? “Bitwise Is Interesting.” It is likely the very first advertisement for a Bitcoin ETF. Bitwise enlisted the services actor Jonathan Goldsmith, renowned for his portrayal of “The Most Interesting Man in […]
The surge in demand for blockspace caused by the Ordinals inscription craze is not limited to the Bitcoin network alone. Ethereum Virtual Machine (EVM) chains have also experienced a significant increase in inscriptions, leading to a spike in gas fees over the weekend. On December 16, gas spent on inscriptions reached a record high of […]
Defunct cryptocurrency exchange FTX has been facing significant financial challenges as it continues to incur astronomical legal and advisory fees, according to recent compensation filings. Between August and October, the exchange burned through approximately $53,000 every hour, accumulating over $118 million in fees during that period. This staggering amount translates to roughly $1.3 million per day. […]
FIFA is set to release an exclusive series of digital collectibles later this week, with a unique twist for sports enthusiasts. This limited edition collection not only offers a digital keepsake for football fans but also includes a once-in-a-lifetime opportunity to witness the 2026 World Cup final live. In the first wave of this release, […]
Nvidia’s shift from GPU to AI solutions has helped the company become a prominent AI solutions provider, and now valued at over $1 trillion.
Google unveils the Digital Futures Project. Launched 20 million fund to collaborate with industry, academia, and policymakers for responsible AI development.
A recent court decision has reinforced that artworks created solely by artificial intelligence (AI) cannot be copyrighted, amid growing concerns about AI threatening the creative industries. United States District Judge Beryl Howell upheld the U.S. Copyright Office’s stance that AI creations do not meet the authorship criteria required for copyright protection. This verdict came in […]