Crypto News

AI-Powered Model SeaSplat Enhances Coral Reef Imaging

Researchers have developed SeaSplat, an AI model that transforms underwater images into clear 3D scenes, aiding ecologists in studying coral reefs and their biodiversity. (Read More)Source link

NYC Comptroller Slams Mayor Eric Adams’ Bitcoin Bond Plan as ‘Fiscally Irresponsible’

New York City’s Comptroller has dismissed a plan by Mayor Eric Adams to back municipal bonds with bitcoin BTC, calling it “legally dubious and fiscally irresponsible.”Comptroller Brad Lander, who co-manages the city’s debt issuance, rejected the proposal just days after Adams pitched the so-called “BitBond” to a crowd at a bitcoin conference in Las Vegas.“Cryptocurrencies are not sufficiently stable to finance our city’s infrastructure, affordable housing, or schools,” Lander said in a press release. He added that such a move could shake investor confidence and run afoul of federal tax law.The idea is part of Adams’ broader push to position New York as a global crypto hub. Since taking office, he has converted paychecks into crypto and launched a digital...

Here’s What’s at Stake for Crypto in South Korea’s Upcoming Election

Crypto policy is a key issue ahead of South Korea’s June 3 election, with both parties backing ETFs and stablecoin reforms.Source link

Zero-Knowledge Technology: Linea’s Journey from Research to Mainnet

Linea has transitioned from extensive research in zero-knowledge technology to launching its testnet and Alpha mainnet, impacting the gaming, DeFi, and NFT sectors. (Read More)Source link

BNB Chain Reports Growth in DeFi and AI Sectors Amid New Initiatives

Explore the latest BNB Chain weekly report, highlighting key data, ecosystem updates, and live projects, including growth in DeFi and AI sectors. (Read More)Source link