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Join Our Telegram channel to stay up to date on breaking news coverage Among the leading tech giants and promising hot startups, few would think of Microsoft when talking about crypto. Yet, appearances are deceiving, and Microsoft has a reputation of trying to consistently get into the most profitable technologies, one way or the other. Such is the case, not surprisingly, with blockchain. Despite not having make any public announcements on the matter, a software researcher from central Europe, going by the name Albacore, reported on Twitter that there is code in Microsoft’s Edge browser that can integrate a non-custodial crypto wallet. Albacore expresses surprise that such a feature is considered for what is arguably one of the least popular browsers among tech-savvy people.   Newest in the gauntlet of questionable upcoming Microsoft Edge features, a crypto wallet 💸 Not really sure how to feel about this kind of thing being baked into the default browser, ...

An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper money in the U.K. The transfer of funds does not usually involve the identification of the clients, Transparency International Russia reveals in a report. Russia-based Cryptocurrency Exchanges Swap Stablecoins for British Cash Russian crypto exchanges that can transfer money abroad without following know-your-customer (KYC) procedures and anti-money laundering (AML) are in the focus of a study conducted by the Russian Chapter of Transparency International. The results were presented in a new report published on Wednesday. The association’s researchers were able to identify more than 20 coin trading platforms operating from Moscow International Business Center, commonly referred to as Moscow City. Through conversations with operators, they also found that eight of them were ready to exchange U.S. dollar-pegged stablecoins for Br...

Right after the inflation data release earlier this week, Bitcoin breezed past $26k and went on to register a new 2023 high. Most other crypto-assets followed suit. However, the hype rally was too good to last. On Thursday, March 16, BTC was down to $24.6k, while the global cryptocurrency market cap was down by 2.6% at press time. Despite the pullback registered of late, positive signs continue to flash on the board for Bitcoin. On the monthly chart, for instance, the asset has just broken past its macro-bearish trendline. Even though it has not yet undergone confirmation, it is still a positive takeaway. BTC/USDT by TradingView In fact, several analysts from the space believe that it is now just a matter of time until Bitcoin bids adieu to its ongoing bear market. #BTC will break the Macro Downtrend sooner rather than later$BTC #Crypto #Bitcoin — Rekt Capital (@rektcapital) March 15, 2023 Also Read: U.S. Inflation Rate Falls to 6% in February Mind the gap(s) pleas...

Cointelegraph sat down with activist and cybersecurity expert Chelsea Manning to discuss how blockchain technology can combat challenges associated with artificial intelligence. Artificial intelligence (AI) has become a hot topic following the launch of ChatGPT, an AI chatbot created by research company OpenAI. Yet, while ChatGPT has the potential to write blogs and create crypto trading bots, some worry that AI could be harmful.  A survey conducted by sales platform Tidio found that 69% of college graduates believe AI could take their job or make it irrelevant in the coming years. Others have pointed out that the rise of AI will make it increasingly challenging to verify accurate information versus fake news generated by artificial intelligence. For example, Chelsea Manning — an activist, security consultant for decentralized privacy platform Nym and former army intelligence analyst — told Cointelegraph that information verification would become a fundamental problem as AI is inte...

Reuters reported that Facebook-parent company, Meta, is set to fire 10,000 employees in a second round of job cuts. Moreover, the decision was announced by CEO Mark Zuckerberg in a message sent to staff Tuesday. This second round of job cuts occurred just four months following the company’s previous round; then, letting go of 11,000 employees. Subsequently, the report notes that Meta is among the first big tech companies to enact a second round of firings. JUST IN: Facebook $META to fire 10,000 employees. — Watcher.Guru (@WatcherGuru) March 14, 2023 Meta Initiates Second Round of Job Cuts The tech industry has been shaken by massive job cuts so far this year. Driven by macroeconomic factors, a plethora of companies from the tech sector have been steadily trimming their workforce. Ultimately, cutting more than 150,000 jobs in 2022. Now, Facebook-Parent company, Meta, is set to fire 10,000 employees. Specifically, the company is enacting a second round of job cu...

The arrival of its Bard technology hadn’t yielded the response the company would have liked. Yet, Google is set to expand its AI integration to Gmail and cloud technology amidst the dominance of Microsoft and ChatGPT in the AI space. Bloomberg reported that the company would be expanding its AI tools in its product offerings. Specifically, by implementing generative AI into Google Meet and cloud-based services for customers. Thus, presenting more opportunities for consumers to utilize the technology sweeping the industry. Google Expanding Generative AI Tools Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images Since its arrival at the tail end of last year, ChatGPT has seemingly dominated the tech industry. Through its advanced capabilities, the program has ignited a desire from users to interact with generative AI. Subsequently setting off an arms race for a share of that newly developed market. Now, Google is set to expand its AI integration ...

The Egyptian police are reported to have recently arrested 29 individuals associated with the Hoggpool cryptocurrency mining app scam. In addition to seizing 95 mobile phones and 3,367 SIM cards, the police said domestic and foreign currency valued at $194,000 was recovered during the arrests. According to a lawyer representing over 1,000 victims, as many as 800,000 people may have fallen prey to the scam. 88 Digital Currency Wallets Used to Receive Funds From Investors Egyptian police recently arrested 29 individuals thought to be the masterminds of the Hoggpool cryptocurrency investment scam, a report said. During the arrests, the police reportedly said as many as 95 phones and 3,367 SIM cards were seized. Domestic and foreign currency worth $194,000 was also recovered, the report added. According to a CBS News report that quotes from a statement issued by police, the alleged masterminds behind the cryptocurrency mining app scam used a total of 88 digital currency wallets to recei...

Join Our Telegram channel to stay up to date on breaking news coverage Ripple CEO Brad Garlinghouse recently addressed the collapse of Silicon Valley Bank (SVB) — formerly one of the top 20 largest banks in the US. With the bank’s recent collapse, investors across the board, including those from the crypto industry and traditional finance — became highly concerned, as many businesses had exposure to the now-collapsed bank. Garlinghouse wanted to address those concerns in a tweet published on March 12th and reassure investors that Ripple will remain stable. Ripple CEO on the situation surrounding SVB Garlinghouse confirmed that Ripple had “some exposure” to the bank, but he also noted that “we expect NO disruption to our day-to-day business, and already held a majority of our USD w/ a broader network of bank partners.” Setting the record straight on SVB Qs: Ripple had some exposure to SVB – it was a banking partner, and held som...

Just a few weeks after tapping its best exchange rate versus the greenback in 2023, the South African rand fell to a new 2023 low of 18.636 local currency units for every dollar on March 7. South Africa’s power shortages as well as the country’s recent grey-listing by the Financial Action Task Force (FATF) are believed to be fueling the rand’s slide. 10-Hour Power Outages The exchange rate of the South African rand versus the U.S. dollar recently plunged to a new 2023 low of 18.636 units for every dollar on March 7, 2023, the latest data has shown. Before the latest plunge, the rand soared to 16.721 per dollar on Jan. 12, 2023, the currency’s best performance since the start of the year. However, since then, the rand has depreciated by almost 10% making it one of the worst-performing African currencies in 2023. According to reports, the rand’s slide is blamed on South Africa’s unending electricity woes which have seen many homes and businesses go for more than 10 ho...

India’s finance ministry has announced that crypto transactions will be covered under the Prevention of Money Laundering Act, 2002 (PMLA). Noting that the move “is a positive step in recognizing the sector,” a crypto insider explained that it will strengthen the industry’s efforts to prevent virtual digital assets “from being misused by bad actors.” India Applies PMLA to Crypto Transactions India’s Ministry of Finance published a gazette on Tuesday notifying that certain crypto activities “when carried out for or on behalf of another natural or legal person in the course of business” will be subject to the Prevention of Money Laundering Act, 2002 (PMLA). According to the notice, the exchange between virtual digital assets and fiat currencies, the exchange between one or more forms of virtual digital assets, and the transfer of virtual digital assets will be covered under the money laundering law. Moreover, the safekeeping or admin...

Dozens of Twitter accounts have emerged on the social media platform claiming to be related to "CryptoGPT." A Twitter hashtag relating to a purported artificial intelligence (AI) crypto token called “CryptoGPT” has been trending on Twitter. Alongside it, a number of very similar-looking Twitter accounts have also sprung up — some of which have been touting likely fake giveaways. As of the time of writing, “Download CryptoGPT” is trending with 6,185 tweets associated with it. GPT-4 (Generative Pre-trained Transformer 4), an unreleased neural network created by OpenAI, is also trending with 4,683 tweets. Trending topics on Twitter. Source: Twitter Meanwhile, dozens of Twitter accounts sporting the name "CryptoGPT" can also be found on Twitter, with some offering likely fake giveaways or airdrops Many of these accounts describe the purported project as allowing users to use blockchain to monetize their data with AI. The system is based on Ethereum and scales with a z...

According to Fortune Business Insights, the global block chain retail market size is expected to surge from the $172.2 million recorded in 2021 to over $2 billion by 2028. Both the demand for the product by end-users as well as the growing use of the technology in supply chain management are expected to sustain the market’s projected compound annual growth rate (CAGR) of 42.8%. Inherent Benefits of Blockchain The value of the global block chain retail market size is expected to grow from the $172.2 million recorded in 2021 to over $2 billion by 2028, a study by the market research firm Fortune Business Insights has found. In a report titled “Block chain in Retail Market Forecast, 2023-2028,” the research firm also revealed that the CAGR during this period is expected to top 42.8%. According to a part of the research firm’s March 10 press statement highlighting the likely drivers of demand for the technology, Fortune Business Insights analysts argue that th...

A large transfer of Bitcoin associated with U.S. law enforcement likely caused a spike in the on-chain metric. On March 8, addresses linked to the United States government moved 49,000 Bitcoin seized from the Silk Road, worth $1 billion. The transfer was accompanied by Bitcoin’s (BTC) price slipping below $22,000 and a noticeable spike in a key holder metric. But does this mean that traders should brace for potential BTC price volatility ahead? Bitcoin’s CDD metric suddenly spikes The BTC transfer likely caused a significant spike in Glassnode’s coin days destroyed (CDD) metric. It measures the weighted movement of Bitcoin based on the time it was last moved from an address. The CDD is calculated by multiplying the amount of Bitcoin transferred by the number of days since BTC was last added to an address. A spike in the CDD indicator usually precedes price volatility, with the bears typically having a slight advantage. Some long-term investors, however, may also move Bitcoin to leve...

The cryptocurrency landscape has been evolving, yet, there is not much regulatory clarity in the U.S. Post the collapse of FTX, investor protection has taken the center stage, and stalwarts from the space have been demanding regulatory soundness. In a recent podcast interview with Bloomberg, Coinbase CEO Brian Armstrong stressed that centralized players like Coinbase should be regulated. However, he was quick to add that decentralization is gradually being “embraced” at Coinbase. The executive revealed, “ We have a number of different products and legal entities, and different ones working in various areas. “ Base to foster Coinbase’s decentralization ambitions Recently, the firm launched its own Ethereum-based L2 network on the testnet. The solution offers a secure, low-cost, developer-friendly way for users to build dApps. Going forward, Base is expected to become even more decentralized. Specifically, Armstrong said, “ Base h...

Join Our Telegram channel to stay up to date on breaking news coverage Due to the fact that memecoins are highly volatile and can be traded for a profit, many investors consider them as a quick way to generate income. In this article, we have gathered the top five memecoins of 2023. coins Set to Explode in 2023 (WILD POTENTIAL) 🔥" width="640" height="360" src="https://www.youtube.com/embed/LL-2w2iCbbw?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen> Tamadoge (TAMA) Tamadoge (TAMA) is a memecoin that serves as the official currency of the Tamaverse, the project’s own metaverse world. The project is working on a variety of Features , including Tamadoge pets, non-fungible token (NFT) powered animated creatures at the center of the Tamadoge ecosystem, and Tamadoge AR, a handheld app. Tamadoge combines t...