AI may already use more power than Bitcoin — and it threatens Bitcoin mining

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekElon Musk: US ’past peak inflation’ after Tesla sells 90% of BitcoinWith…

OpenSea’s co-lead investor Coatue Management marked down its investment from $120 million to $13 million. 321 Total views 2 Total shares United States tech investment firm Coatue Management has marked down the value of its stake in non-fungible token (NFT) platform OpenSea by 90%. On Nov. 7, The Information reported on a document it reviewed showing

Nigeria’s SEC will enforce regulations on unregulated crypto businesses, protecting investors while encouraging innovation in the growing market.

Though Sam Bankman-Fried is currently serving a prison sentence, affected FTX customers and creditors are making claims on the firm’s assets, which are still worth millions.

The Hyperledger Technical Steering Committee has approved the Ursa project, a modular cryptography software library, according to an official announcement Dec. 4.According to the statement, as Hyperledger has matured, projects “have started to find a need for sophisticated cryptographic implementations.” The post describes Ursa as a shift from having each project implementing its own protocols…

Erik Voorhees is embarrassed by toxic Bitcoin maxis and told a podcast: “I don't know when they got into Bitcoin, but absolutely that is not the community that I come from in Bitcoin.” 595 Total views 149 Total shares Erik Voorhees, the founder and CEO of ShapeShift, has revealed in a podcast that he felt…

Paradigm has been discussing its new crypto fund for the past few months as markets rebounded.

The valuation assumes continued aggressive Bitcoin buying by MicroStrategy.

Law firm Scott+Scott alleges that Yuga Labs promoted a chance at huge returns on investment to “unsuspecting investors.” A proposed class-action lawsuit alleges that Yuga Labs “inappropriately induced” the community to buy Bored Ape Yacht Club non-fungible tokens (NFTs) and the project’s affiliated ApeCoin (APE) token.The proposed class-action driven by law firm Scott+Scott was published…