Bitcoin miner IREN overstated its compute ability and prospects, says lawsuit
An investor in IREN, formerly Iris Energy, sued the crypto miner, accusing it of overstating its high-performance computing ability and business prospects.
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Buenos Aires to issue blockchain-based digital ID
The first documents to be available on-chain in Buenos Aires include birth and marriage certificates, along with proof of income and academic verification. 270 Total views 2 Total shares Buenos Aires, the capital of Argentina, is making a major move toward integrating its bureaucracy with blockchain technology. Starting in October, the city's 15 million residents
DeepMind AI hits silver-medal standard in International Mathematical Olympiad
Google’s DeepMind says its AlphaProof and AlphaGeometry 2 AI models are breaking new ground in mathematical reasoning — an Achilles’ heel of AI chatbots.
Huobi Partners With Global Digital Finance to Develop Crypto Standards
Cryptocurrency exchange Huobi announced that it partnered with industry membership body Global Digital Finance (GDF) to develop crypto standards in a press release shared with Cointelegraph on July 31.Per the release, the exchange has joined major crypto companies Circle, Coinbase, ConsenSys, DLA Piper, Diginex, Hogan Lovells and R3 on the organization’s Patron Board and Advisory…
What are convolutional neural networks?
Convolutional neural networks are used in computer vision tasks, which employ convolutional layers to extract features from input data. Convolutional neural networks (CNNs) are a class of deep neural networks commonly used in computer vision tasks such as image and video recognition, object detection and image segmentation. Neural networks are machine learning models consisting of…
XRP ‘mega whales’ scoop up over $700M in second-biggest accumulation spree in history
XRP addresses that hold at least 10 million native units have returned to accumulating more in the past three months, a similar scenario that preceded a big rally for the XRP/USD and XRP/BTC pairs in late 2020.The return of XRP 'mega whales' A 76% spike in XRP "mega whale" addresses since December 2021 has been noted by…
Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report
Uniswap Labs and UNI tokenholders will benefit the most from Unichain, while ETH holders will likely see the biggest loss, says DeFi Report founder Michael Nadeau.
Are Bitcoin ETFs good for adoption or ‘watered-down crypto’? Debate rages
CoinList founder Andy Bromberg believes that spot Bitcoin (BTC) exchange-traded funds (ETFs) are just “watered down crypto” and a sign the industry is heading in the wrong direction, amid growing hype over potential ETF approvals in the United States.Bromberg — also CEO of payments-focused wallet app Beam — told Cointelegraph: “If a Bitcoin ETF is
First 7-week losing streak in history ― 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week under $30,000 as the battle to save the market from fresh lows grinds on.After hitting its highest since the Terra LUNA crash last week, the largest cryptocurrency nonetheless continues to fail to reclaim $30,000 as support.What could be in store this week? The potential for major upheaval from macro players, notably…