BlockBank – A Smart AI-Enabled Analytics System Sharing Market Insights

LONDON, UK / April 26, 2021 / BlockBank leverages Artificial Intelligence, adding it to the traditional banking and DeFi system making the entire ecosystem more secure, private, and decentralized. The purpose is to optimize the user’s purchase decision, helping them avoid the high gas costs and avoid slower transaction speed. The AI element of the platform constantly reads and understands social intelligence, risk mitigation, analytics, batched transactions, and smart contracts. Working with these aspects, BlockBank aims to expand the user’s knowledge base and positively their decision-making power. Closing the Gap Between DeFi…

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M. Cuban: DeFi on ETH Delivers Financial Instruments Better than Banks

Mark Cuban believes Ethereum smart contracts are better at delivering digital items than alternatives available He concludes that DeFi on Ethereum is better in delivering financial instruments than banks Smart contracts used in DeFi allow transactions to be automated, trustless and almost instant The owner of the Dallas Mavericks and Shark Tank investor, Mark Cuban, has shared his thoughts on Ethereum and the impact of its smart contracts, and DeFi, on the global financial ecosystem. Ethereum’s Smart Contracts are ‘Better at Delivering Digital Items’ According to Mr. Cuban, Ethereum’s smart…

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Thailand’s New Cryptocurrency Regulation Requires Users to Be Physically Present to Open Accounts

The Thai government has reportedly imposed a new cryptocurrency requirement. Crypto exchanges will be required to verify users’ identities using a machine that requires the customers to be physically present. Thailand’s New Crypto Rules The Thai Anti-Money Laundering Office (Amlo) has announced that starting in July “local digital exchanges must verify their customers’ identities through a ‘dip-chip’ machine that requires clients to be physically present,” the Bangkok Post reported. Currently, the account opening process at crypto exchanges is done entirely online. To approve a new account, exchanges must ensure that…

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Maker Foundation returns dev fund to DAO amid path to decentralization

The Maker Foundation has returned 84,000 MKR to the project’s DAO in a major milestone for the protocol’s road to decentralization. The MakerDAO Foundation has returned 84,000 MKR tokens from its development fund to MakerDAO’s governance module, marking a milestone in the project’s path to decentralization. In a May 3 blog post, the foundation notes that “no conditions or expectations” have been placed on MakerDAO regarding the returned tokens, with Maker Governance now having complete control over the tokens. The announcement states that with the return of the development and…

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