Blockchain
Classifying Crypto Tokens as Securities Will Hamper Some Blockchains’ Decentralization Efforts, Bernstein Says
The core issue is whether countries should use securities law framed decades ago to categorize crypto tokens, without realizing the efforts of blockchain networks’ to transform existing financial systems, the report said.
AI and Blockchain Set to Converge: EY's Paul Brody Outlines Future of Tech Synergy
EY's Global Blockchain Leader, Paul Brody, highlights the potential of AI in interpreting blockchain transactions, remarking, "AI systems can give you a lot of mostly right answers at scale." Despite possible inaccuracies, he argues that AI's potential in software development for blockchain is considerable, predicting a future where these technologies harmoniously interact. Brody emphasizes a measured approach, adding, "We're sort of navigating this fitting process," signaling both blockchain and AI are on the brink of transformative growth.
Why AI and Blockchain's Merge Will Be Mundane at First
EY Global Blockchain Leader Paul Brody joins "First Mover" to discuss his opinion piece titled "When AI and Blockchain Merge, Expect the Mundane at First" and his outlook on the intersection between these two technologies. Plus, the details of his upcoming book "Ethereum for Business."
Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z
The capital infusion comes as interest in AI surges. Gensyn said it would use the money to accelerate the start of the protocol and expand its workforce.
Active Addresses on Blockchain Hit All-Time High: A16z Data
According to a16z crypto's State of Crypto Index, active addresses across various blockchains hit an all-time high for the second month in a row in May. The venture fund notes 19.47 million active addresses across blockchains including Ethereum, Polygon, Solana, Optimism, and more. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
When AI and Blockchain Merge, Expect the Mundane at First
As the transformative technologies of generative artificial intelligence and blockchain find their way in business, inevitably they will interact. The pairing has the potential to achieve wild, weird and presently unimaginable results, but expect the first experiments to be boring and predictable, says EY's Paul Brody.
Polygon Spinoff Avail Network Starts Phase 2 of Its Testnet
This second phase will include a more thorough testing environment to encourage validator participation.
Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions to Blockchain Networks
In a new set of experiments, Swift will collaborate with major financial market institutions like the Depository Trust and Clearing Corporation (DTCC), Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group.
3 Reasons Why Beauty on the Blockchain Makes Sense
It might seem counterintuitive, but there are good reasons beauty brands are exploring ways to engage with consumers on-chain and in the metaverse.
