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Bitcoin News
Coin Telegraph
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SEC asks court for four months to produce documents for Coinbase
- The United States Securities and Exchange Commission (SEC) has requested a four-month extension until February 2025 to produce hundreds of thousands of documents as part of discovery motions with crypto exchange Coinbase.
- In a filing on September 18, the SEC asked a federal judge to grant the extension, stating that it needs more time to review over 133,582 unique documents.
- Coinbase had previously won a motion to compel discovery, requiring the SEC to provide information on its application of securities laws for tokens.
- The requested extension will give the SEC sufficient time to comply with the court's order.
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Pymnts
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Image Credit: Pymnts
How AI and Blockchain Innovations Are Reshaping Cross-Border Commerce
- Technological innovations, particularly those in artificial intelligence and blockchain, are helping make cross-border commerce leaner, more efficient and more transparent for growing businesses.
- Amazon is adding a fully managed global supply chain option to its lineup of supply chain services for sellers to make e-commerce more efficient.
- The Bank for International Settlements, along with other businesses such as J.P. Morgan Chase, Deutsche Bank, UBS, Visa and Mastercard, is working on a blockchain-based cross-border payments pilot as international transactions accelerate.
- Apple is expanding its Apple Intelligence services, including AI translation, to more languages to help businesses engage in the global marketplace more effectively.
- Advances in payments automation, robotic process automation (RPA) and AI hold the potential to reduce the complexities and costs associated with international transactions.
- Next-generation payments systems can automatically match invoices to payments, reconcile financial discrepancies, and flag unusual activity that might suggest fraud or payment errors.
- Cryptocurrencies are increasingly being considered as a viable payment method in cross-border commerce.
- Embracing cross-border blockchain solutions enables near-instantaneous transactions at a fraction of the cost, making them particularly attractive for businesses that operate with unstable currencies or high inflation.
- Concerns around blockchain’s regulatory uncertainty, especially cryptocurrency payments and the use of blockchain in legal agreements, remain a risk to be mitigated.
- The rise of AI-powered translation tools is increasingly offering businesses a faster and more scalable option to overcome language barriers in cross-border transactions.
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Tech Story
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Bitcoin crosses $60,000 following US Fed rate cut
- Bitcoin's value has surpassed $60,000 following the US Federal Reserve's decision to decrease borrowing rates.
- Lower interest rates make it cheaper for people and companies to borrow money, leading to increased investments and spending.
- The improved sentiment in the market and clearer regulations regarding cryptocurrencies have also contributed to Bitcoin's rise.
- Bitcoin's future remains uncertain, but with low interest rates and clearer regulations, it has the potential to reach new heights.
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Bitcoinchaser
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Image Credit: Bitcoinchaser
Crypto Casinos who Offer the Best Daily Cashback
- If you're looking to maximize your rewards and get some cashback on your losses, check out these top crypto casinos with the best daily cashback offers.
- Thorcasino offers a cashback deal to all registered players.
- Drake Casino has a 7% Daily Casino Rebate, giving you a chance to bounce back stronger.
- When it comes to big rewards, Hugewin offers a great cashback deal for you.
- Bets.io offers up to 10% cashback every day, based on how much you spent the day before.
- Stupid Casino has unlimited cashback with no withdrawal limits and no wagering requirements.
- SlotParadise is giving 10% cashback every day for a year on your non-winning deposits with clear and simple terms.
- GoldenBet's Unlimited 10% Cashback allows you to request your cashback any time and unlimited times a day.
- Choose and Claim Your Daily Cashback Offers Today!
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4 Likes
Crypto-News-Flash
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Image Credit: Crypto-News-Flash
The Story of Simon Dixon: Banking to Bitcoin Revolution
- Simon Dixon left investment banking in 2006 to focus on building a decentralized and transparent financial system through Bitcoin.
- Simon Dixon co-founded BnkToTheFuture, which revolutionized fintech by democratizing investment in cryptocurrency and startup ventures.
- Dixon’s ideology revolves around the concept of transparency in banking.
- Dixon contends that traditional banks operate with little accountability, typically allocating funds to the most profitable projects, such as real estate or financial speculation, while businesses, the economy’s backbone, struggle to acquire loans.
- Dixon’s ability to negotiate crypto crises has strengthened his position as a thinking leader.
- Dixon’s foresight into the future of cryptocurrency and banking distinguishes him from many of his peers.
- While some concentrated on the immediate benefits of Bitcoin’s price volatility, Dixon took a larger perspective.
- Furthermore, Dixon sees institutional involvement in Bitcoin as a positive indication.
- As these institutions prepare to build their own cryptocurrency exchanges, Dixon forecasts a large inflow of institutional capital into the crypto industry, which could fuel the next major bull market.
- Dixon’s ambition was to make the methods that huge firms used to raise billions of dollars available to smaller businesses and individual investors.
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14 Likes
Medium
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Image Credit: Medium
AI in Content Creation: Transforming Storytelling and Marketing Approaches
- AI-generated insights help refine strategies, predict trends, and optimize content performance, improving engagement and conversion rates.
- AI in content creation refers to the use of artificial intelligence technologies to generate, optimize, and enhance various forms of content.
- AI-driven solutions can also analyze performance metrics, predict trends, and offer insights that refine content strategies and improve engagement.
- AI tools now facilitate everything from generating written content and crafting marketing copy to creating visual and audio elements with remarkable efficiency.
- AI-driven analytics provide valuable insights into content performance, enabling creators to refine strategies and optimize results in real-time.
- AI in content creation aims to streamline the process, improve quality, and deliver more engaging and personalized experiences for users.
- AI tools enable writers and marketers to produce high-quality content more efficiently and offer various features to automate, optimize, and personalize content across different formats and platforms.
- AI applies to marketing strategies by enhancing various aspects of marketing through data-driven insights, automation, and personalization.
- The integration of AI into content creation brings significant benefits but also presents several challenges and ethical considerations.
- Future trends in AI and content creation include personalized audio and video content as well as even more advanced natural language processing capabilities.
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Medium
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Image Credit: Medium
AI in Credit Scoring: Boosting Precision in Risk Evaluation
- AI is revolutionizing credit scoring by providing a more precise and dynamic approach to risk evaluation, unlike traditional models that rely on static data and predefined criteria.
- AI-based credit scoring models can adapt and improve over time, continuously learning from new data and trends, ultimately leading to smarter decision-making and more inclusive financial services.
- AI-based credit scoring systems consist of several key components that work together to assess creditworthiness more effectively.
- AI enhances credit scoring by leveraging advanced algorithms and data processing capabilities to improve accuracy, efficiency, and fairness.
- AI-based credit scoring can be applied across various scenarios to enhance the credit evaluation process.
- Traditional credit scoring models primarily rely on historical financial data, such as credit history, income, and existing debt, to determine an individual’s risk level. AI improves this process by utilizing advanced algorithms and machine learning techniques to analyze a broader and more diverse set of data.
- AI-based credit scoring can utilize both traditional data and alternative data to provide a more comprehensive assessment of credit risk.
- Potential risks of AI-based credit scoring include data privacy concerns, reinforcing existing biases if not managed properly, and the complexity of understanding and interpreting AI models.
- AI-based credit scoring benefits both lenders and borrowers through improved credit decision-making processes, ultimately reducing the likelihood of defaults and promoting financial inclusion.
- The future of AI in credit scoring is likely to involve greater integration of alternative data, real-time credit assessments, enhanced fraud detection, and more personalized credit products.
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Medium
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Everything You Need to Know About Generative AI for NFTs
- Generative AI is a subset of artificial intelligence that focuses on creating new, original content based on learned patterns from existing data.
- The intersection of generative AI and NFTs (Non-Fungible Tokens) is an exciting area that combines creativity, technology, and ownership in unique ways.
- Generative AI models, such as DALL-E, Stable Diffusion, and Midjourney, can create unique digital artworks that can be minted as NFTs.
- The use of AI in creating NFTs raises questions about originality, authorship, and the role of human creativity.
- Overall, generative AI enriches the NFT space by offering innovative tools and methods for creation, personalization, and engagement, driving both artistic and commercial opportunities in the digital asset realm.
- Generative AI creates NFTs (Non-Fungible Tokens) through a combination of advanced algorithms and blockchain technology.
- Several innovative projects have emerged at the intersection of generative AI and NFTs.
- Despite its transformative potential, generative AI in the NFT space comes with its own set of challenges and considerations.
- The future of generative AI in the NFT (Non-Fungible Token) space is likely to be shaped by several emerging trends and innovations.
- Generative AI is a game-changer in the NFT landscape, offering unprecedented opportunities for innovation and creativity.
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Bitcoinist
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Image Credit: Bitcoinist
Crypto Founder Identifies The Best And Worst Time To Be In Bitcoin
- Charles Edwards, founder of Capriole Investments, has identified the best and worst times to be in Bitcoin.
- According to Edwards, the worst time to be in Bitcoin is the third quarter, while the best time is the fourth quarter.
- The third quarter has historically had the worst performance with an average return of +5.39%.
- However, Edwards believes that the worst is over for Bitcoin and the market is expected to improve soon.
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Bitcoinsensus
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Image Credit: Bitcoinsensus
Solana Seeker: The Next Generation of Web3 Smartphones
- Solana is set to launch its second crypto smartphone, Seeker, which is designed for Web3.
- Seeker features a lighter and brighter design, improved camera quality, and a longer-lasting battery.
- It offers a secure mobile-first wallet called Seed Vault, developed in partnership with Solflare, for advanced digital asset protection.
- The Seeker ecosystem provides seamless access to decentralized finance (DeFi), non-fungible tokens (NFTs), artificial intelligence (AI), and gaming apps.
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23 Likes
Altcoinbuzz
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Web3 Education Leader Edu3labs Launches on Telegram
- Edu3labs has launched a new education-based game for Telegram users called Trivio, allowing people to learn while they play and earn reward coins while doing so.
- Edu3labs is the leader in online education for learning new skills. They are trying to find ways to connect with the masses using the TON Network on Telegram.
- The team has seven games in development, with Trivio the first game ready for release.
- Trivio is a trivia game with questions about cryptocurrencies and blockchain technology, which can be rewarding for Telegram users to gain knowledge.
- Trivio’s gameplay includes tasks such as subscribing to the Edu3labs Telegram channel, following Edu3labs on social media or visiting its website.
- Trivio reward coins can be redeemed for benefits that Edu3labs has not yet disclosed, with rumour of the coins potentially being converted into $NFE.
- As a recipient of the BNB Chain Kickstart Grant Program, Edu3labs receives financial and marketing support from BNB Chain.
- The ultimate goal for Edu3labs is to revolutionize the multi-trillion-dollar education sector by integrating it into the Web3 world, using gamification to increase participation and interest in online learning.
- The team at Edu3labs believes gamifying education will make online learning more fun and accessible, with the ultimate aim of getting more people into Web3 for online education.
- Edu3labs wants to educate and onboard new users to cryptocurrency through the use of the TON Network on Telegram, and its first game, Trivio, is the beginning of its revolutionizing of online education.
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6 Likes
Altcoinbuzz
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Google Cloud Launches Blockchain RPC Service for Developers
- Google Cloud launches Blockchain RPC Service to help developers easily connect to blockchain data.
- The service is free to start and offers reliable and secure communication for blockchain apps.
- Developers can send up to 100 requests per second, making it ideal for real-time apps.
- The service currently supports Ethereum's mainnet and testnets, with plans to add more blockchains in the future.
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18 Likes
Altcoinbuzz
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MoviePass Partners with Sui for USDC Payments
- MoviePass is partnering with Sui to integrate USDC as a payment method for subscriptions.
- Users will be able to pay for their subscriptions using USDC, a popular stablecoin.
- MoviePass also plans to introduce on-chain rewards for users based on their usage of the service.
- The company aims to blend traditional movie subscriptions with crypto technology for a smoother user experience.
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25 Likes
Zycrypto
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Image Credit: Zycrypto
Donald Trump Makes History, Buys His First Burgers Using Bitcoin At New York City Bar
- Ex-POTUS Donald Trump made history by purchasing burgers using Bitcoin at a New York City bar.
- Trump visited the crypto-themed bar and restaurant, Pubkey, and used Bitcoin to buy a dozen cheeseburgers with the help of the staff.
- Trump's purchase at Pubkey marked a historic transaction in Bitcoin history.
- Trump's appearance at Pubkey followed his recent support for the DeFi project, World Liberty Financial, and his advocacy for crypto during his 2024 campaign.
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Bitcoinsensus
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Image Credit: Bitcoinsensus
Solana ZK Compression Launch Cuts Dev Costs by 1000x
- The latest update on the Solana network introduces ZK Compression to reduce developer costs.
- The update brings cost savings of up to 1000x for Solana developers by compressing data using zero-knowledge proofs.
- ZK Compression addresses the challenges of state growth and enhances scalability on the Solana blockchain.
- OtterSec and Neodyme have verified ZK Compression, reinforcing Solana's commitment to security.
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18 Likes
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