Crypto app developers are now free to direct users to payments outside of Apple’s ecosystem without restrictions or hefty fees, after a United States district judge ruled that Apple violated an injunction in its antitrust legal battle against Epic Games. “The Court finds Apple in willful violation of this Court’s 2021 Injunction, which was issued to restrain and prohibit Apple’s anticompetitive conduct and anticompetitive pricing. Apple’s continued attempts to interfere with competition will not be tolerated,” US district judge Yvonne Gonzalez Rogers said in an April 30 court filing. Apple…
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EIA Mining Survey Looms Large Over Bitcoin Mining Industry
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin miners have not been operating under normal circumstances for the past several months. Bitcoin’s blockchain has seen a particularly intense degree of demand over the past several months, and it looks like BRC-20s, and to a lesser extent, image inscriptions, all made possible by the Ordinals protocol, bear a great…
Read MoreHow can the synergy of AI and blockchain disrupt the music industry?
The synergy of AI and blockchain can revolutionize the music industry by enhancing artists’ creative capabilities while preserving transparency and fair revenue distribution among creators. AI is increasingly being used as a tool for creating new songs or imitating existing music content. That is why distinguishing human-generated music from AI-generated content is becoming increasingly difficult. Moreover, AI content is often trained on pre-existing content mostly without its original creators’ knowledge or consent, creating a number of ethical and legal issues, for which there are no clear-cut solutions currently given the rapid…
Read MoreWhat criminal charges for Celsius ex-CEO mean for crypto industry
Celsius was one of the top lenders in the crypto ecosystem during the bull market in 2021. At its peak, it served 1.7 million customers and managed $25 billion in assets. All that came crashing down in June 2022 amid major flaws in the company’s working structure. The bear market in 2022, especially the Terra ecosystem implosion in May, exposed Celsius’ fragile business model, which was highly dependent on its native CEL (CEL) token and the high staking rewards it offered. The price of CEL fell dramatically in June after…
Read MoreA BlackRock ETF Would Supercharge The Bitcoin Mining Industry
This is an opinion editorial by Phil Harvey, the CEO of cryptocurrency mining consultancy Sabre56. Launching the first unequivocally positive news cycle for the Bitcoin space since the collapse of FTX, BlackRock recently decided to file for a spot bitcoin exchange-traded fund (ETF). Within a few days, two additional behemoth money managers joined BlackRock as Invesco reactivated its application for a spot BTC ETF and ETF-specialist WisdomTree submitted its third application for a BTC ETF to the U.S. Securities And Exchange Commission (SEC). As of this writing, nobody can say…
Read MoreBreaking Barriers: How Bitcoin Can Transform The Real Estate Industry
This is an opinion editorial by Jenna Hall, a content marketing specialist with residential real estate brokerage Redfin. You may have heard about how you can use bitcoin to buy a house, rent an apartment or save your wealth in an inflation-resistant way to make a down payment. But, beyond these examples, how else can Bitcoin transform the way real estate transactions work as a whole? From cutting out middlemen to creating new collateral opportunities, Bitcoin can transform the traditional real estate industry in ways we never imagined. For instance,…
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