There’s a major bloodbath on Satoshi Street once again as Bitcoin and Ethereum corrected over 8% each. However, New York City Mayor Eric Adams Is All Set to Buy the Bitcoin Dip later today. As announced earlier, Adams shall be converting his paycheck from U.S. Dollars to Bitcoin and Ethereum. The fund conversion will happen

The post New York City Mayor Eric Adams to Buy Bitcoin (BTC) and Ethereum (ETH) Dips Today appeared first on CoinGape.

Several regulators around the globe have taken a hostile approach around crypto exchanges and crypto-related companies by forbidding them to advertise the industry to the general public. However, Binance’s CEO Changpeng Zhao thinks this will not affect the high demand of the market. Curbing Crypto Ads Crypto-related firms have been accused by international regulators of marketing their services with misleading messages that undermine the risk digital assets investments could possess to users. Spain, U.k., and Singapore have banned the advertisement of crypto to different extents. In Singapore alone, crypto exchanges and other licensed companies can only publish ads on their own websites and mobile apps to avoid reaching the general public. The country’s ban includes “any form of advertisements or promotional materials in public areas such as Singapore public transport, public transport venues, broadcast media or periodical publications, third party websites, social media platforms, public events or roadshows.” “MAS stresses that DPT service providers should conduct themselves with the understanding that trading of DPTs is not suitable for the general public. These Guidelines set out MAS’ expectation that DPT service providers should not promote their DPT services to the general public in Singapore.“ Spain requires a pre-approval for any crypto advertisement directed towards an audience of 100,000 or more people and all ads and must include a warning like such: “Investments in crypto-assets are not regulated. They may not be appropriate for retail investors and the full amount invested may be lost.” In the U.K., authorities have banned several ads that they have claimed to be “irresponsible and took advantage of consumers’ inexperience or credulity.”  Related Reading | Fidelity Says What We’ve Been Thinking: Countries & Central Banks Will Buy BTC Why It Won’t Affect Price The price of cryptocurrencies is driven by demand and supply, meaning the interest users have in the market and the availability of each digital coin. For this reason, the effects that bans might have on the adoption of cryptocurrencies are believed to be important for the future of the market. Binance CEO Changpeng Zhao (also known as “CZ”) alleged during a CNBC International interview that the reason why regulators take this approach on advertisements is that the crypto industry has a huge demand. Even though the CEO thinks these bans could slow down the industry’s growth, CZ is not worried about the macro picture because he thinks the demand for crypto is so high that curbing crypto ads will have little impact. Changpeng Zhao claimed that most users are driven to the crypto industry through “word of mouth” marketing rather than ads. “Clampdown on crypto advertising is unlikely to have much of an effect on demand, as most of the crypto users come from word-of-mouth promotions anyway.” CZ noted that Facebook and Google opposed crypto ads for a long time and even though they are giant platforms that reign over the internet, this has not affected the adoption of digital assets. Binance is the largest crypto exchange in the world and it recently withdrew its application to start a cryptocurrency exchange in Singapore after facing pressure from the country’s regulators over concerns of risks and consumer protection. The exchange, however, has not lost interest in conducting business in the country. The global regulatory framework is miles away from becoming clear, and Binance is working to adapt and comply, taking “strategic, commercial and developmental” considerations. CZ stated that Binance hasn’t driven its eyes away from Singapore for the country might change its regulatory framework later on. The future location of Binance headquarters remains a mystery. CZ said they are exploring “everywhere in the world.” The CEO noted that Binance is working with many authorities to help them build a comprehensive regulatory framework for the crypto market. Related Reading | Binance’s CZ Wants Entrepreneurs To Create Coins. Does His Argument Make Sense? Crypto Total Market Cap At the time of writing, the global market cap of cryptocurrencies sets its price at $1,8 trillion, showing a decline of %3 in the daily chart.

The agenda for this article is the cryptocurrencies in the middle of hard news. We go through the most common cryptocurrencies and their uses....

Xbox's acquisition of Activision Blizzard is raising questions about how Microsoft will handle its extensive list of properties – whether they will remain on platforms like PlayStation 5 or become entirely exclusive to the Xbox.

It’s hard to pinpoint a moment or a movement in the history of the crypto industry that can quite compare to the popularity NFTs have seen last year.

The post The NFT sector defined the market last year with returns of nearly 8,000% appeared first on CryptoSlate.

The privacy blockchain built on Cosmos SDK Secret Network, raised $400 million in funding from investors as we are reading more in our latest Cosmos news today. Secret Network revealed details pertaining to its Shockwave growth initaitive and the network accumulated $400 million in funding across its ecosystem and accelerator pool. Secret announced its newly […]

Florida election supervisors are reporting more fraudulent petitions from an LVS-backed gambling expansion ballot initiative than any ever before seen in the state. This prompted The Miami Herald, which broke the story, to question whether Florida is “in the midst of one of the largest cases of election-related fraud in recent history.” One official charged […]

The post ‘Florida Voters in Charge’ Campaign Has Thousands of Fake Signatures, Officials Say appeared first on Casino.org.

On January 19, Viola Ventures, a popular Israeli venture capital company, announced that it raised $250 million in its six-funding round.

The trade market closes tomorrow! The ones that bought Trump’s coin can already make their first transactions and sell their currencies. But we won’t recommend this! Why? Because soon 25 Trump’s coin will reach its value over $10,000! And anonymous investitor just invested over $1,000,000 in this coin. We soon […]

The post NEW BIG THING: Trump Coin into Truth Social appeared first on Cyber Flows.

Avelo Airlines today announced it is bolstering pilot compensation to attract and retain world class aviators — elevating first-year pay by nearly 50% for Captains and by nearly 30% for First Officers. The enhanced pay scale offers the highest first-year Captain and First Officer pay rates in the Ultra-Low-Cost Carrier (ULCC) and regional carrier sectors […]

Co-living (coliving) may sound a bit scary at first to a landlord. You have a bunch of young professionals living under one roof. What if there is an argument over […]

TOKYO, Jan 20, 2022 - (JCN Newswire) - Honda Motor Co., Ltd. today announced that, in December 2021, the company invested in U.S. (California)-based Helm.ai to strengthen its software technology development in the areas of artificial intelligence (AI) and computer vision(1) technologies. Helm.ai has key strengths in the area of AI-based image recognition technologies advanced through unsupervised learning(2).

Helm.ai is an AI software startup established in November 2016, and Honda and Helm.ai have been working in collaboration since 2019 through Honda Xcelerator(3), a global open innovation program of Honda. Honda invested in Helm.ai to strengthen value creation in the efforts to make mobility products more intelligent and to generate greater achievements more quickly. The financing will further strengthen the relationship between the two companies and accelerate development of original solutions for Honda that combine Honda technologies and AI technologies of Helm.ai.

Honda will continue offering highly-competitive and highly-attractive products and services to its customers by establishing relationships through the Honda Xcelerator program with companies which have cutting-edge technologies in various areas.

(1) Technology to recognize specific elements from computer-based visual information and provide necessary information based on the results of such recognition.
(2) Unsupervised learning is one of the methods of machine learning, which supports AI. Unlike supervised learning through which AI learns the correct answers to derive from labeled input data, unsupervised learning lets AI learn without being provided with the correct answers and derives the patterns and unique characteristics of the unlabeled data on its own.
(3) Honda Xcelerator is a global open innovation program designed to facilitate collaboration between startups and Honda. The program is led by Honda Innovations Inc., a subsidiary of Honda Motor Co., Ltd. based in Silicon Valley in the U.S.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comHonda Motor Co., Ltd. today announced that, in December 2021, the company invested in U.S. (California)-based Helm.ai to strengthen its software technology development in the areas of artificial intelligence (AI) and computer vision technologies.