Friday, November 15, 2024
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Ledger Faces Backlash for Controversial Backup Tool as Crypto Community Expresses Discontent

Hardware wallet maker Ledger is facing significant backlash for its recent introduction of a tool enabling users to back up their seed phrases through the transmission of encrypted key fragments to third-party firms. The crypto community has not embraced this new feature, with numerous digital currency users venting their frustration

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Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting – Economics Bitcoin News

Investors believe it is highly likely that the target rate will remain unchanged at the June 14 Federal Open Market Committee (FOMC) meeting, following the U.S. Federal Reserve’s decision to increase the federal funds rate by 25 basis points on May 3. As the battle against inflation in the U.S.

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Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool

The new functionality on Railgun allows users “to create a proof that their transactions are from a list of transactions that have not interacted with any blacklisted addresses, without revealing their identity,” according to a statement. The Railgun privacy system is deployed on Ethereum, Polygon, Arbitrum and Binance Smart Chain. Source

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Tencent Cloud to reportedly offer deepfake creation tool at $145

Tencent Cloud — the cloud services provider arm of Chinese tech giant Tencent — has launched a new digital human production platform allowing users to create deepfakes of any individual based on a three-minute video clip and 100 sentences of voice material.Tencent Cloud’s deepfake generator uses Tencent’s in-house artificial intelligence

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AI tool created by JPMorgan analyzes Fed speeches to signal trades

Investment banking giant JPMorgan has reportedly unveiled an artificial intelligence (AI) tool to analyze Federal Reserve statements and speeches to detect potential trading signals.On April 27, Bloomberg reported the Wall Street investment bank is using a ChatGPT-based language model to digest comments from United States central bankers.These Fed policy signals

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Blockchain features on WEF whitepaper as a tool to fight climate change

The World Economic Forum (WEF) has recently published a whitepaper that explains how blockchains are able to provide the needed infrastructure to fight against climate change “at speed and scale.” We've just published a World Economic Forum @wef whitepaper detailing blockchain technology's valuable role in the global effort to fight climate

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Bitcoin’s privacy tool, CoinJoin, obfuscates over $6m in a single transfer

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied More people appear keen to use Bitcoin’s onchain privacy methods going by the size of a recent CoinJoin transfer. On April 20, a Bitcoin CoinJoin, comprising 351 inputs, fused 209.70283337 BTC, confirming it on-chain before redistributing it through 336

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C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking – Bitcoin News

On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank account, revealing that the financial institution was tracking CO2 emissions from his purchases and urging him to compensate monetarily. C6 Bank states that the new tool aims to inspire Brazilians to adopt more sustainable behaviors. ‘CBDC

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Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions – Economics Bitcoin News

Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War II, the so-called weaponization of its ubiquitous use has made some

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