Changpeng Zhao moved to custody of field office ahead of Sept release
As of Aug. 22, the US Federal Bureau of Prisons listed the former Binance CEO as an inmate of the Residential Reentry Management Long Beach field office.
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Expert: Renewable Energy Not Enough for Bitcoin’s Sustainability Problem
Renewable energy will not solve Bitcoin’s (BTC) sustainability problem according to a blockchain specialist at Big Four auditing company PwC, Alex de Vries. De Vries presented his argument in a study published in sustainable energy journal Cell on March 14.The research cites estimates from de Vries’ website, according to which Bitcoin consumed anywhere from 40…
Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond
A crypto analyst claimed that staking Bitcoin within exchanges allows them to sell it to someone else; Cointelegraph reached out to the platforms for more info. 1543 Total views 4 Total shares Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that keeping your BTC…
IBM Awarded Patent for Autonomous Self-Servicing Devices Within Blockchain-Based IoT System
IBM has won a patent for the autonomous self-servicing of networked devices that form part of its Autonomous Decentralized Peer-to-Peer Telemetry (ADEPT) environment. The patent, first filed in late June 2016, was awarded by the U.S. Patent and Trademark Office (USPTO) September 18.IBM first unveiled a proof-of-concept (PoC) for ADEPT in partnership with Samsung back…
SEC Orders ICO Startup to Return $25.5M to Investors
The United States Securities and Exchange Commission ordered crypto firm BitClave to return $25.5 million to investors. 5051 Total views 85 Total shares The United States Securities and Exchange Commission (SEC) has ordered cryptocurrency firm BitClave to return $25.5 million to investors.In a May 28 announcement, the SEC announced charges against the California-based cryptocurrency startup. The…
Mastercard launches virtual testing environment for central bank currencies
Is Mastercard trying to show some central banks the folly of their ways? Mastercard announced on Wednesday the release of a proprietary tool targeted to central banks that wish to test their Central Bank Digital Currency, or CBDC.Over 70% of central banks are entertaining the idea of a digital currency in some form, a Bank…
Xbox to enhance game dialogues with generative AI through new partnership
The company will provide an AI toolset for game developers to improve scripts, dialogue trees and quests inside games. 286 Total views 13 Total shares Gaming console Xbox is tapping into artificial intelligence (AI) with a new partnership intending to boost game creators by integrating generative AI into its game creation toolkits. In a blog post
Vitalik Buterin Trolls Craig Wright over Patent Trolling
Vitalik Buterin has taken a veiled swipe at Craig Wright and nChain saying they don’t understand blockchain. 1954 Total views 41 Total shares Ethereum founder Vitalik Buterin has taken a veiled swipe at Satoshi claimant Craig Wright over his blockchain patent portfolio, resulting in a heated debate on Twitter.Buterin said that anyone who brags over…
Bitcoin buyers drawn by rising prices, not dislike for banks: BIS report
Bitcoin (BTC) investors are more likely enticed by the cryptocurrency’s rising prices, rather than their dislike of banks or its perceived use as a store of value, a new report from the Bank for International Settlements (BIS) suggests. In a “BIS Working Papers” report published on Nov. 14, the central bank body looked into the relationship…