Author: NBTC
Singapore’s Members of Parliament (MPs) are debating the impact of generative artificial intelligence (AI) on the economy ahead of a new national budget. Channel News Asia reported that 56 MPs shared their opinions on the implications of the AI adoption in the city-state. The eight-hour discussion drew diverse remarks from the lawmakers, with a majority expressing concern over the future of work in Singapore. MP Desmond Choo noted that the adoption of AI may render specific roles redundant, leading to thousands of job losses in Singapore. In particular, the lawmaker expressed concern about entry-level roles in coding and customer service,…
Robert Alice is an alias, if you don’t already know. A character created for an established U.K.-based artist after he was captivated by the emerging world of NFT art and wanted to jump into the fray. And in just a few years, Alice has done just that — he has produced a number of hugely admired conceptual art installations — on the micronation of Sealand, at the Monnaie de Paris, through generative AI that chomped through centuries of literary history. Of course, NFTs have taken a hit financially speaking. Even while the rest of the crypto industry is rallying to…
Despite significant steps in the acceptance of cryptocurrency and blockchain technology in the world of mainstream finance, investors are still somewhat reluctant to invest in stocks in this domain. However, this blockchain stock is quietly outperforming the market and, therefore, many first-choice investing assets. The blockchain stock currently beating the market is Cipher Mining (NASDAQ: CIFR), a technology company devoted to industrial-scale Bitcoin (BTC) mining data centers located throughout the United States. Although it was incorporated as recently as 2020, its stock value is somewhat volatile but steadily increasing, achieving a price hike of 100%. About Cipher Mining Cipher Mining,…
In the ever-evolving world of cryptocurrency, stablecoins have emerged as a popular option for traders and investors. As their name suggests, stablecoins aim to provide stability in an otherwise volatile market by being pegged to a stable asset such as gold or the US dollar.—Brand new stablecoins are constantly being introduced, but here are the top stable coins to know about in 2024. By comparing these novel stablecoins with traditional ones, you can better understand the future of this promising cryptocurrency trend.USDVVerified USD (USDV) represents a tokenized real-world asset (RWA) supported stablecoin tailored for the modern financial world. As a…
Andrei Dragnea shares insights on the challenges of building a blockchain with parallel architecture and what benefits this model presents. Scalability is one of the three components of the Blockchain Trilemma described by Ethereum co-creator Vitalik Buterin, and one of the biggest challenges for blockchain-based infrastructures. Andrei Dragnea, Software Engineer at Neon Foundation, explains to Crypto Briefing how parallel structures can make blockchains more scalable, the impact they have on the decentralized ecosystem and what are Neon EVM plans for this year. Crypto Briefing – How does a parallel structure work? Andrei Dragnea – Okay, good question. First of all,…
As the SEC v. Ripple lawsuit edges close to filing the remedies-related briefs, we have highlighted some critical dates that you should look out for in the coming weeks. Recall that the case saw a significant update this week that could extend the deadline for completing the remedies briefing by one week. Next Important Dates to Look Out For The Crypto Basic reported that the SEC filed a motion to modify the remedies scheduling order. Specifically, the commission asked the court to extend the deadline for filing its remedies-related opening brief by nine days to March 22, 2024, from the…
Ethereum, the second-largest digital asset by market capitalization, is trading near the pivotal $4000 milestone for the first time since December 2021, up 15% during the past week. Amid this price rally, leading restaking protocol EigenLayer is now the second-largest DeFi protocol in terms of total value locked, according to DeFillama data. ETH’s price Ethereum is currently priced at $3954 following a 4% gain during the past day, according to CryptoSlate’s data. This upward movement in Ethereum’s value can be linked to the excitement surrounding the upcoming Dencun upgrade scheduled to go live on the mainnet by Mar. 13. Dencun…
Michael Saylor is celebrated for his innovative contributions to software and exceptional financial skills. With a net worth estimated at $2.7 billion, his path to success has seen both ups and downs, from the highs of the late 1990s tech boom to navigating the dot-com bust. Notably, his strategic embrace of Bitcoin investments catapulted him back into billionaire status, affirming his well-earned reputation as a visionary entrepreneur. Michael Saylor’s net worth estimate The founder of the business analytics software firm MicroStrategy, Michael Saylor has amassed a significant net worth over the years. According to Forbes, his net worth is $2.7…
Aptos, a high-throughput Layer 1 blockchain network, has removed the daily transaction limit and reduced the processing time on its Stargate bridge. We’re excited to announce, following the proposal from the @Aptos Foundation, that bridging limits on TheAptosBridge have been removed! 🎉 Not only that, but we’re kickstarting the Aptos Campaign, filled with education, exploration and incentives 👀 Read on to find out more 🧵 — Stargate (@StargateFinance) March 7, 2024 According to the statement released by Stargate Finance, the decision was reached after careful review of the Aptos Foundation’s proposal, which was aimed at simplifying cross-chain interoperability. “To help…
Astar Network announced the launch of Yoki Origins, a Web3 adventure that has been unveiled in coordination with Astar zkEVM. The objective is to offer a gamified onboarding process to users. They later gain access to a variety of digital collectibles created by artists and enterprises. The unique digital collectibles that will be up for distribution and selling will represent NFTs, non-fungible tokens. A total of three elements will play a crucial role: Yoki, OMA, and Lore. Japanese illustrators have created a collection of original characters called Yoki. Players can evolve Yokis by participating in the game and obtaining several…