China accessing high-level AI chips banned by the US: Report

August 23, 2024
The Last Cryptocurency
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Documents have surfaced revealing state-linked Chinese entities using Amazon cloud services or similar services to access advanced AI chips and capabilities banned by the US.

Dog-themed tokens see an abrupt end to their rallies as Vitalik Buterin liquidates the positions he was gifted and donates the proceeds to charity. 13702 Total views 17 Total shares The dog-themed race up the cryptocurrency charts came to an abrupt halt on May 12 as a majority of the previously hot meme tokens including…

Binance makes aggressive push on in-house DeFi with $100M fund

Following the launch of Binance’s Smart Chain, an Ethereum-compatible blockchain with a keen focus on decentralized finance, the exchange is now doubling down on its strategy to attract DeFi projects.At the company’s World of DeFi summit on Thursday, Binance’s CEO Changpeng Zhao announced the launch of a $100 million investment fund devoted to projects building…

CFTC chair’s exit, Russia’s Bitcoin seizure, Kenya’s IMF warning: Law Decoded

Rostin Behnam exits the US CFTC and calls for stronger regulation, Russia confiscates $10 million in Bitcoin and the IMF advises Kenya on crypto regulations.

Government crackdowns are coming unless crypto starts self-policing

Self-regulation will be critical in governing the rapidly changing landscape of the cryptocurrency industry in order to preserve its autonomous, decentralized nature. Months after the collapse of the Terra ecosystem that propelled crypto’s market capitalization below $1 trillion, the industry is beginning the long process of rebuilding not only retail trust but also faith in itself.…

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Softbank CEO says company’s purpose is to create ‘artificial super intelligence’

Billionaire finance mogul Masayoshi Son also said that AI will be 10,000X smarter than humans by 2035.

Digital Assets Data CEO says mainstream finance still doesn’t trust Bitcoin

Bitcoin still has ground to make up in the mainstream world.

Coinbase to cease issuing new Bitcoin-backed loans via Borrow service

The service allows users to borrow up to $1 million with no credit check, provided they post Bitcoin as collateral. 47 Total views 1 Total shares Own this piece of history Collect this article as an NFTCrypto exchange Coinbase is stopping the issuance of new loans through its Borrow service — a product that allows…

Alameda wallets become active days after SBF bail, community mulls foul play

The recent movement of funds from Alameda wallets just days after Sam Bankman Fried was released on bail raised many eyebrows about the timing. 1019 Total views 8 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTThe crypto wallets associated with now-bankrupt trading firm Alameda Research, the sister company of FTX, were seen…

Will Bitcoin ever trade below $27,000 again?

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin will ever be below $27,000 again. Have you missed your chance to purchase some sats at sub $30,000 levels? In the latest episode of The Market Report, analyst and writer Marcel Pechman analyzes some data to conclude whether Bitcoin (BTC) will…

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