Sam Altman, CEO of Openai, the company behind the artificial intelligence (AI) model Chatgpt, has reflected on how the new wave of universal basic income (UBI) initiatives might be organized. In an interview at the All-in podcast, Altman stated that he favored UBI initiatives given the magnitude of the changes implementing AI might bring to […]
Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov stated that digital financial assets, issued by institutions regulated by the central bank, could replace fiat channels for international settlements. Aksakov also acknowledged that while not being controlled for this use case, digital assets were already being used to settle international payments. […]
With fewer than 300 blocks remaining until Bitcoin’s fourth halving, speculation has been rife, with many expecting a ‘sell the news’ scenario following an 11% drop in bitcoin prices. On the other hand, this downturn might just be the precursor to a shakeout and a subsequent significant uptick. Large holders, often known as ‘whales’, are […]
Rune Christensen, a co-founder of the Makerdao project, has warned about the possible disruptions linked to hypothetical EU-wide requirements for defi fronteds to receive a license for operating. Christensen said this would decelerate the EU to the Stone Age, disrupting European defi access for less tech-savvy users. Makerdao Co-Founder Details Possible MiCA Disruptions in EU-Based […]
Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their corresponding base L2, creating a security risk for the network. Polygon CEO Criticizes […]