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The Latest Breaking News from blockchain

The technology industry appears well-positioned for solid expansion, driven by solid demand for its products and services. Amid this backdrop, it could be wise for investors to buy tech stock, Box (BOX). However, fundamentally weak HIVE Blockchain (HIVE) and Bakkt (BKKT) could be best avoided. Let’s discuss this in detail.

StockNews.com

Blockchain is a key technology – a computer scientist explains why the post-crypto-crash future is bright

People hear a lot about blockchain technology in relation to cryptocurrencies like bitcoin, which rely on blockchain systems to keep records of financial transactions between people and businesses. But a crash in public trust in cryptocurrencies like TerraUSD – and therefore a massive drop in their market value – doesn’t…

The Conversation

‘My life has been disrupted’: Atomic Wallet users lose more than $35 million in hack

The largest individual loss was approximately $8 million, according to blockchain sleuth ZachXBT.

Fortune

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A brief history of zero-knowledge proofs, the buzzy mathematical technique that’s taken crypto by storm

"Zero knowledge proofs are going to become a fundamental part of humanity’s infrastructure,” says Zooko Wilcox, cofounder of Zcash.

Fortune

Times are tough for VCs—and even tougher for crypto VCs

The transparency of blockchains and mark to market accounting rules mean it's been a tough slog for venture capitalists.

Fortune

This Week in the Metaverse: Bitcoin ups its NFT game, surpassing Solana in weekly volume

Fortune

4 Tech Stocks to Avoid This Week

Amid widespread macroeconomic headwinds, the tech industry is expected to witness a slowdown. Given this backdrop, fundamentally weak tech stocks Affirm Holdings (AFRM), Riot Platforms (RIOT), HIVE Blockchain Technologies (HIVE), and Bakkt Holdings (BKKT) could be best avoided this week. Read on….

StockNews.com

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3 Fintech Stocks Failing to Impress Investors

Given the growing adoption of digital financial services, the long-term prospects of the fintech industry look bright. However, not all fintech stocks can capitalize on the industry tailwinds. Therefore, it could be wise to avoid fundamentally weak fintech stocks Marathon Digital (MARA), Bit Digital (BTBT), and Argo Blockchain (ARBK). Read…

StockNews.com

OpenAI's Sam Altman raises $115 million for Worldcoin, the eyeball-scanning crypto project to combat AI bots

Backers for Worldcoin developer Tools for Humanity include Blockchain Capital, a16z crypto, and Bain Capital Crypto

Fortune

Future of Finance: Goldman's McDermott on how blockchain tech will produce ‘a profoundly different financial system’

Goldman CEOs have long said it’s not a bank, it’s a tech company. The head of digital assets explains why this has never been more true.

Fortune

Solana Labs adds ChatGPT plugin for blockchain

The plugin will help users buy NFTs and transfer tokens as well as simplify complicated blockchain info.

Fortune

Coinbase Cloud joins Chainlink as a node operator in a bid to improve crypto infrastructure

The infrastructure provider tied to U.S. crypto exchange Coinbase is the latest of several high profile names to become node operators.

Fortune

Future of Finance: PwC’s Oliver on how 'fintech is becoming crypto'—and approaching the point where 'there is no paper money'

The PricewaterhouseCoopers partner also said that when the dust finally settles, most of the biggest names in finance won’t be going anywhere.

Fortune

Ubisoft wants to sell you Ezio's 'digital soul' and yes, it's an NFT

New Assassin's Creed-themed collectibles live in little plastic cubes and also on the blockchain.

PC Gamer

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inkl

What Is Fintech, and How Is It Changing Financial Products?

It has become evident in recent years that finance has undergone an irreparable disruption due to fintech's immense influence. Financial technology (or "fintech") applies cutting-edge technologies to develop novel economic goods and services.

Fortune

Ethereum's growing pains show the blockchain has a long way to go

A recent technical problem, as well as ongoing high gas prices, show Ethereum is very much a work in progress.

Reuters

North Korean hackers stole $721 million in cryptocurrency from Japan - Nikkei

Hacker groups affiliated with North Korea have stolen $721 million worth of cryptocurrency assets from Japan since 2017, the Nikkei business daily reported on Monday, citing a study by U.K. blockchain analysis provider Elliptic.

StockNews.com

The 3 Hottest Gambling Stocks for Explosive Profits

The gambling industry is gaining traction thanks to growing internet penetration, technological advancements, and rapid digitalization. With increased legalization and the adoption of advanced technologies like blockchain, the gambling industry is well-positioned for growth. Therefore, it could be wise to buy fundamentally strong gambling stocks Accel Entertainment (ACEL), Inspired Entertainment…

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Fortune

AWS and Microsoft Azure dominate cloud computing. But could Google Cloud beat them in Web3?

"They see an opportunity, and there's people who need cloud services, and so they formed a verticalized team," says Andrew Boone, a research analyst at JMP Securities.

Tom’s Hardware

Cryptominers Repurpose GPU Farms Amid AI Hardware Shortage

Some GPU cryptomining outfits, having survived a bleak winter of discontent, have started to grasp AI acceleration opportunities.

Barchart

New Collaborations Between TradFi & DeFi Could Take Crypto Wallets to Another Level

3 global investment firms are using blockchain technology to enhance growth.

Fortune

Deloitte, Goldman Sachs, Microsoft among institutional players partnering on new blockchain network

Despite Crypto Winter, legacy firms are still investing in potential blockchain breakthroughs.

StockNews.com

3 Blockchain Stocks to Keep off Your Radar Amid Crypto Turmoil

The prospects of blockchain companies are closely related to the cryptocurrency market. Given the high risk and uncertainty surrounding the crypto space, it could be wise to avoid fundamentally weak blockchain stocks Block (SQ), Riot Platforms (RIOT), and HIVE Blockchain (HIVE). Read more….

The Guardian - UK

Unlicensed ‘bank’ CEO’s Commons invite stokes access concerns

Vulnerability of MPs’ groups to influence of private firms highlighted by appearance at blockchain inquiry

StockNews.com

3 Financial Stocks That Investors Wouldn't Touch With a 100-Foot Barge Pole

Higher interest rates are beneficial for the financial industry. However, not all financial companies can capitalize on the current interest rate environment. Given the lingering macroeconomic concerns, it could be wise to avoid fundamentally weak financial stocks BRP Group (BRP), Forge Global Holdings (FRGE), and Argo Blockchain (ARBK). Read more….

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