Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted nearly $50 million worth of TrueUSD (TUSD). The transaction took place on Feb. 16, according to data from Etherscan, and also comes two days after Binance CEO Chanpeng 'CZ' Zhao said in a Feb. 14 Twitter Spaces that Binance would look to “diversify” its stablecoin holdings away from BUSD. We're live! Tune-in to our Twitter Space AMA with @cz_binance below https://t.co/bXIztCKdry — Binance (@binance) February 14, 2023 Despite minting nearly $50 million in TUSD from the TrustToken platform’s smart contract …

The COP has also created tools to prevent climate doomsday. Such economic tools as voluntary and compliance carbon markets, carbon credits, green bonds and other green assets tied to positive environmental impact play a crucial role in decarbonization global efforts. However, they are often inaccessible to small and medium-sized companies from developing countries. The main reasons are high upfront costs and complex structuring processes in line with global green standards. Positive and negative impacts on the environment have to be forecasted and described according to approved methodologies. This information is used for the future monitoring and reporting and is verified …

Blockchain video delivery network Theta Labs has partnered with the artificial intelligence (AI) platform FedML to enable collaborative machine learning on content recommendation and generative AI. In an announcement sent to Cointelegraph, the two firms said that the partnership would focus on the collaborative training of large-scale generative AI models, allowing the Theta TV community to contribute personal preferences and compute resources in training and deploying AI models to enhance personalized recommendations and advertisements through FedML. According to the FedML team, Theta’s Edge Network, which is operated by many decentralized nodes across the globe, is a good fit for distributed …

The price of Bitcoin (BTC) has reached a new 2023 high of $25,000. The milestone comes after a surge in Bitcoin's price over much of January. The last time Bitcoin’s price was around $25,000 was near mid-June 2022 on its way down to between $19,000 and $21,000, where it had hovered for several months, according to data from CoinGecko. The price of BTC however took a big dip in November following the FTX crisis, which saw it drop to a 2022 low of $15,742 on Nov. 10. 2022. The price began to surge in early January, when the price of …

Pharmacy visitors expect quick service - to have their prescription filled quickly, or over-the-counter remedy purchased in just a few minutes. In this rapid interaction, little thought goes to the journey of that medicine from a microscope slide to mass production. In reality, the drug discovery process is incredibly time and research-intensive. Despite significant advancements in manufacturing and discovery, the average time to bring a drug from the initial stage to market is 10-15 years and costs millions of dollars. Emerging technologies are transforming healthcare and drug discovery. Artificial intelligence, for example, is doing the “dirty work” of drug discovery …

Since Feb. 8, Cointelegraph has been publishing its annual Top 100 list of the most notable crypto players for 2023 in batches of 10. The list compiles the most daring heroes and dastardly villains of 2022 who are expected to continue impacting the crypto space in 2023, and it has so far included names such as Keith Grossman, MoonPay’s president of enterprise, at No. 89; hacking cohort Lazarus Group as a villain at No. 79; and Adam Back, Blockstream’s co-founder and CEO, at No. 72 — among others. DISCOVER COINTELEGRAPH’S TOP 100 IN CRYPTO AND BLOCKCHAIN 2023 Rankings 41–50 went …

Technology is a powerful force that has significantly influenced the future. It has enriched our lives in innumerable ways, from boosting productivity and efficiency to bridging geographical distances. Artificial intelligence (AI), machine learning (ML), robotics and 5G networks are reshaping industries, opening up new applications, and altering our way of life. For instance, precision medicine is enabling patient-specific therapies, and driverless vehicles promise to decrease traffic accidents and increase mobility. However, technology poses new problems such as employment displacement and cybersecurity concerns, but with good planning and management, technology can continue to advance and help create a better future for …

Developers of one of the earliest Android-based mobile browsers are working to bring online communication to the next level by introducing it to Web3. Sending Labs, a new startup focused on decentralized communications protocol, has secured $12.5M in seed funding to launch the Web3 communications stack. The new platform takes on the mission of building accessible and secure infrastructures for Web3 communication for developers and the community, applying end-to-end decentralization of core of its products. With the new offering, Sending Labs aims to enable privacy-preserving communications and guarantee ownership and transfer of digital assets within community chats. The seed funding …

The city of Dubai has been very welcoming to the crypto space, providing the much-needed regulatory clarity to help the industry thrive. While this attracts native Web3 and crypto businesses to the emirate, even non-crypto businesses started integrating technologies like crypto, nonfungible tokens (NFTs) and even the metaverse into their operations. Cointelegraph went to explore various parts of Dubai to find out how crypto and Web3 technologies have been integrated within some businesses in the emirate. Ordering groceries with cryptocurrencies Day To Day, one of the popular and most affordable grocery chains in Dubai, announced that it started to accept …

The European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the first place in the world to apply strict data protection regulations. On the other, its central bank digital currency (CBDC) project lacks the anonymity standards of private cryptocurrencies. Nevertheless, last week the EU lawmakers made a vital step to embrace privacy in the space of citizens’ digital identities. On Feb. 9, the Industry, Research and Energy Committee included the standard of zero-knowledge proofs in its amendments to the European digital identity framework (eID). The latest update was voted in by 55 …

Binance, the world's leading crypto exchange by trading volume, will temporarily suspend bank transfers in U.S. dollars. The exchange stated in a tweet on Feb. 6 that no other trading methods would be affected. The announcement came with no explanation. However, exchange CEO Changpeng Zhao noted in a tweet that only 0.01% of the exchange’s total users will be affected by the suspension while assuring that they are looking to resolve the issue soon. Recently, Binance encountered related financial issues in the U.S. On Jan. 21, its SWIFT transfer partner, Signature Bank, announced that, as of Feb. 1, it would …

Wyoming lawmakers have passed a bill that will prohibit courts in the state from forcing someone to disclose their digital asset private keys, with one minor exception. The bill was passed through the Wyoming House of Representative in the state’s 67th general session of 2023 on Feb. 15. The law will officially come into effect on Jul. 1, 2023. “No person shall be compelled to produce a private key or make a private key known to any other person in any civil, criminal, administrative, legislative or other proceeding[s]” in the state of Wyoming, the incoming law reads. The law includes …