Blockchain has a role to play in countering the ill effects of AI

As 2021 comes to a close, Bitcoin (BTC) has had a tumultuous ride this year, with wild price swings that have seen the pioneer cryptocurrency hit all-time highs only to retrace to lower prices — including a 50% drop that shook the market. Now, Bitcoin is once again back and stronger than ever, even recently…

Wyoming Blockchain Coalition president Caitlin Long has responded to the recent unrest in the money markets by analyzing the systemic fragility of the traditional financial sector as compared with Bitcoin (BTC).In a Medium blog post published on Sept. 25, Long made the argument that “at a systemic level, the traditional financial system is as fragile…

Bitcoin’s long-term holders are beginning to suffer losses matching those from previous bear markets, and Glassnode believes the pain may continue, and even get worse. 297 Total views 4 Total shares Long-term Bitcoin holders are sitting on their largest losses since the March 2020 capitulation and the 2018-2019 bear market but may have to keep…

The Ethereum network will undergo a major upgrade on Aug. 4, as the long-awaited London hard fork is expected to launch at block 12,965,000. The transition is part of a roadmap leading to the Ethereum 2.0 release, which aims to migrate the network to a proof-of-stake consensus mechanism.By no longer depending on the intense energy-consumption…

UK multinational banking and financial services company Standard Chartered (SC) disclosed it is working on a blockchain pilot for bank guarantees using R3 Corda blockchain technology in a press release Thursday, August 30.In partnership with Siemens’ financing arm Siemens Financial Services (SFS) and trade finance platform TradeIX, the pilot began operating in March and aims…

Cointelegraph's website has become widely inaccessible in Russia as authorities added the domain to a registry of blacklisted sites.The blacklistAlthough Cointelegraph has been publicly on a list of blocked sites since 2017, it was only yesterday, October 16, that the Russian Federal Service for Supervision of Communications, Information Technology and Mass Media, more commonly known…

The U.S. equity markets and Bitcoin (BTC) have rebounded sharply from their Feb. 24 lows while gold has made a retreat from its recent highs. This indicates that investors may be buying risky assets and reducing exposure to assets perceived as a safe haven.Recent reports also suggest that Russian President Vladimir Putin may send a delegation to…

The blockchain data space is getting more and more heated. 1372 Total views 13 Total shares A number of notable investors and projects have provided $2 million to Covalent, a project building a decentralized blockchain data provider.Hashed Ventures led the round with participation from Binance Labs, Coinbase Ventures, Delphi Ventures, Hypersphere Ventures and others. Blockchain…

Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process. 293 Total views 17 Total shares Venture capital firm Paradigm has criticized the United States Securities and Exchange Commission (SEC) for bypassing the standard rulemaking procedures in its current legal action