Bet more on the Bitcoin miners cashing in on AI
Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners.
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Terra’s Anchor Protocol erases ‘crypto winter’ losses, ANC price rebounds 300% in a month
Anchor Protocol (ANC), the decentralized finance (DeFi) platform built on the Terra blockchain protocol, rebounded nearly 300% in over a month after bottoming out near $1.26.ANC price went as high as $4.97 on the Bitfinex cryptocurrency exchange on March 3, 2022, breaking above the previous record peak near $4.50 established on Dec. 3 last year.…
Terra Classic community elects to cease USTC minting
The community strongly backs stopping TerraClassicUSD (USTC) minting and reminting in favor of burning tokens to restore its US dollar peg. 105 Total views 19 Total shares The Terra Classic community has voted in favor of ceasing all minting and reminting activities related to TerraClassic USD (USTC), with the objective of reestablishing a stable peg
Ransomware Strikes Three US Universities
A ransomware gang claims to have successfully attacked three universities within the last seven days. They say that their latest attack was against the University of California San Francisco, or UCSF, on June 3.Cointelegraph had access to the evidence published by NetWalker, a group of hackers, on their official dark web blog. In this blog,…
Sentencing for ex-FTX execs set for October, November
Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year.
UK Law Commission to Review Legal Frameworks to Remain ‘Competitive’ in Era of Smart Contracts
The U.K. Law Commission will review legal frameworks to ensure that British courts remain a “competitive” choice for businesses that use smart contracts. The announcement was made in the Commission’s 2018 report released July 19. The Law Commission was established in 1965 with the main tasks of monitoring the laws of the U.K. and recommending…
Bitcoin Price Shifts Toward Key Moving Average as Bears Target $5,000
As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom. Since hitting its 2019 high of approximately $13,890, Bitcoin has seen lower highs indicative of a downward trend, at least in the mid-term. After a corrective bounce up to $7,875…
Ex-CEO of Google Africa: Bitcoin a ‘Gift’ That Will Change Humanity
Computer scientist and general manager of WeWork South Africa, Stafford Masie, has said that Bitcoin (BTC) will change the future of humanity more than any other technological innovation. In a keynote delivered at the SingularityU South Africa Summit on Oct. 16, Masie — formerly the CEO of Google Africa — said that Bitcoin’s provision of an…
Altcoins See Red, While Bitcoin Shows Dogged Resilience
The crypto markets are somewhat bearish today, August 21, with virtually all of the top twenty coins by market cap seeing losses of 3-6 percent on average, as Coin360 data shows. Bitcoin (BTC) continues to show relative resilience – the top coin nonetheless continues to trade below the $6,500 price point. Despite a short-lived market…