6 AI applications already in use in the healthcare industry
AI is accelerating scientific breakthroughs and improving research outcomes. Here are eight projects harnessing its power to improve human life quality.
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SEC Intensifies Probe Into Biotech-Turned-Crypto Mining Firm Blockchain Riot
The U.S. Securities and Exchange Commission (SEC) has intensified its investigation into crypto mining firm Blockchain Riot, according to the firm’s latest 10-Q quarterly report filed August 14. Riot Blockchain is a former biotech firm that changed its name to contain the word “blockchain” last year, seeing valuations skyrocket from $8 a share to over…

What Halving? 2 Factors Making Some Analysts Turn Bearish on Bitcoin
As the Bitcoin price dropped to sub-$7,000, technical analysts pointed out that BTC broke down from a crucial trendline dating back to March 16. While markets signal for short-term relief, traders foresee a severe pullback occurring for two key reasons despite less than three weeks remaining before the much-anticipated Bitcoin halving.The two compelling cases for…

How to determine crypto cost basis for accurate tax filings
Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards.

Publicly traded mining companies spend $3.6B on PP&E so far in 2024
Crypto mining hardware typically has a lifespan between 3-5 years on average and must be periodically upgraded to maintain profitability.

Binance US officially launches trading services in Connecticut
Despite regulatory uncertainty, the United States is one of the world's foremost cryptocurrency markets and dominates daily Bitcoin trading volumes. 302 Total views 44 Total shares United States cryptocurrency exchange Binance.US, which operates separately from the global Binance platform, has officially opened its trading services to residents of Connecticut. Beginning Jan. 20, Connecticut residents can register…

Cybersecurity Firm Detects Cryptojacking Malware on Make-A-Wish Foundation Website
Hackers have infected the website of global non-profit organization the Make-A-Wish Foundation with cryptojacking malware, according to a report by cybersecurity firm Trustwave posted Nov. 19.According to Trustwave researchers, crypto jackers managed to incorporate a JavaScript (JS) miner CoinImp into the domain worldwish.org in order to illicitly mine privacy-focused cryptocurrency Monero (XMR). Similarly to the…

UK MPs call for global alliance to tackle AI misuse
This collaboration aims to collectively safeguard against actors, whether state-affiliated or not, who seek to misuse AI for their objectives. A group of influential members of parliament (MP) suggests that the UK collaborate with its democratic allies to address artificial intelligence (AI)'s potential misuse, emphasizing London's aim to be a key player in advancing this

CFTC Is Waiting on SEC to Allow Futures Trading of More Digital Assets, Says CFTC Chairman
Chairman Tarbert of the CFTC wants to see more clarity on which tokens are securities within the U.S. as well as broader international cooperation on regulation. In a July 7 interview with predecessor Jim Newsome, current Chairman of the Commodity Futures Trading Commission (CFTC) Heath Tarbert ran down a list of pending concerns standing between…