Moroccan AI Influencer Kenza Layli Wins Inaugural Miss AI Beauty Pageant
Kenza Layli, an artificial intelligence (AI) influencer from Morocco, has been crowned the world’s first Miss AI, defeating over 1,500 computer-generated models in a tough competition. Lalina Valina from France secured the second spot, while Olivia C from Portugal clinched third place. Layli, who reportedly does not experience emotions like humans, envisions fostering collaboration between […]
Droppgroup Partners Solana-Focused Superteam to Drive Web3 Adoption in Saudi Arabia
Web3 development firms Droppgroup and Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration aims to revolutionize Saudi Arabia’s public and private sectors through Web3. Collaboration Aligns with Saudi Arabia’s Vision 2030 Web3 development firm Droppgroup and Solana-focused development group Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration […]
SEC Secures Default Judgments in $45 Million Coindeal Fraud Case
The U.S. Securities and Exchange Commission (SEC) announced this week that the U.S. District Court for the Eastern District of Michigan has issued default judgments against Garry Davidson and Linda Knott for their involvement in a fraudulent $45 million Coindeal scheme. Davidson and Knott were accused of deceiving investors with false promises of significant returns […]
How Web3 is Revolutionizing Water Access in Rural India
The Crypto Council for Innovation has highlighted the positive impact of web3 in rural India through a case study that demonstrated improved water access. Decentralized solutions, like those implemented by Atlantis DAO, are transforming water availability and creating economic opportunities in drought-prone regions. Over 80% of participants reported better access to clean water, and new […]
Crypto Support Surges Among GOP Voters, Poll Finds
A poll conducted by research-driven technology investment firm Paradigm in June, published on Thursday, has revealed that Republicans strongly support financial freedom through cryptocurrency and oppose centralized control, such as central bank digital currencies (CBDCs). Political candidates defending crypto, such as Sam Brown, Dave McCormick, and Bernie Moreno, enjoy significant GOP (Republican Party) support. Notably, […]
JPMorgan Expects Crypto Market Recovery Beginning in August
Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German government’s seized asset sales as contributing factors. JPMorgan’s analysts believe this revised net flow will stabilize the […]
Goldman Sachs Boosts Crypto Services Amid Interest Surge — Plans 3 New Tokenization Projects
Goldman Sachs is expanding its crypto services, focusing on tokenizing assets. The global investment bank plans to launch three tokenization projects by year’s end. Goldman Sachs continues to see client interest, aiming to innovate investment methods and broaden its crypto product suite. Goldman Sachs Expands Crypto Services Amid Growing Institutional Interest Goldman Sachs is enhancing […]
CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities
During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers to safeguard investors and maintain financial stability. He also referenced a recent court ruling that […]
Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister
According to a government minister, Malaysia lost $727 million worth of electricity stolen by illegal crypto miners between 2018 and 2023. The minister also warned that power companies have methods to detect unauthorized mining activity. Illegal Crypto Mining Detrimental To Malaysians Says Minister Between 2018 and 2023, the theft of electricity by illegal cryptocurrency miners […]
Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability
Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new blockchain that will allow it to scale beyond the numbers currently achieved. This developer preview will serve as a platform for developers to reach 10 million users across 160 countries, starting to build apps before […]
