Ethereum block explorer and analytics platform Etherscan has recently launched a new tool called “Code Reader,” which uses artificial intelligence to retrieve and interpret the source code of a specific contract address. This new AI-driven tool is expected to offer deeper insights into the code of contracts and provide comprehensive lists of smart contract functions related to Ethereum data. However,
The gaming industry has always been at the forefront of technological innovations, and the rise of artificial intelligence (AI) is no exception. With the increasing popularity of OpenAI’s chatbot ChatGPT and other AI-powered technologies, the industry is poised to take advantage of the many advancements in machine learning and natural language processing. In particular, Animoca, a global leader in digital
In today’s business world, technology plays a crucial role in shaping the way we work. Robotic Process Automation (RPA) is one such technology that has gained popularity due to its ability to automate repetitive and mundane tasks, thereby freeing up employees to concentrate on more value-adding activities. However, RPA initiatives can only be fully realized when combined with another emerging
In a major milestone for the adoption of blockchain technology in the financial sector, Bank of China’s investment arm BOCI has issued $28 million worth of digital structured notes using the Ethereum blockchain network. This makes the bank the first Chinese institution to issue this type of tokenized security in Hong Kong, indicating a significant shift towards blockchain technology. UBS
The US House Financial Services Committee Chair, Patrick T. McHenry, recently announced plans to hold a vote on a bill that would regulate digital assets by mid-July. The bill, named the Digital Asset Market Structure Discussion Draft, would classify cryptocurrencies as either a security or a commodity and regulate exchanges, among other measures. This move could potentially impact the entire
In a recent move, Hong Kong legislator Johnny Ng encouraged Coinbase and other global cryptocurrency exchanges to establish a foothold in the region. This comes at a time when the crypto industry has faced uncertainty and setbacks due to regulatory issues in other parts of the world. Background on Johnny Ng Ng’s background in technology and entrepreneurship has helped him
Bitget is a global cryptocurrency exchange with over 8 million customers in 100 countries. Recently, the platform has seen a massive increase in the number of new users from Latin America. In just three days, Bitget experienced a 43% surge in new users from the region. Several factors have contributed to this significant growth, including Binance’s net outflows and favorable
Binance, one of the world’s largest cryptocurrency exchanges, has recently experienced billions of dollars in outflows over the past week. Several blockchain analytics platforms have reported a significant increase in exchange outflows from Binance following the United States Securities and Exchange Commission’s (SEC) announcement that it was suing Binance. This article will delve into the details of these outflows, the
Artists, musicians, and other creators have long struggled to monetize their work in the digital age. But in recent years, a new technology has emerged that promises to change that. Known as Non-Fungible Tokens (NFTs), these digital assets are revolutionizing the way that creators can profit from their work. One of the most important features of NFTs is their ability
The use of digital payment methods has grown exponentially over the past decade. However, the COVID-19 pandemic has accelerated this trend, with the shift towards online and contactless payments becoming more prevalent than ever before. In this article, we will discuss the impact of COVID-19 on the acceleration of digital payment adoption, the regulatory expectations surrounding digital payments, security measures
On June 30th, 2021, a hearing was held in the United States Senate Committee on Banking, Housing, and Urban Affairs to discuss the regulation of blockchain technology. The hearing was focused on “strengthening American leadership in blockchain technology,” and much time was spent exploring how regulation could encourage or stifle this goal. The hearing was an important event for the
The fintech market size reached USD 158.9 billion in 2021, according to recent reports. The growth of the fintech market has been fuelled by technological advancements, increasing digitization, and user-friendly mobile and web applications. Despite the impact of the COVID-19 pandemic on the global economy, the fintech market has continued to grow at a steady pace. The fintech market is
