Crypto adoption still stunted by lack of technical literacy
Confusion around crypto storage, regulations, and other factors tech-savvy people take for granted could be keeping average users on the sidelines and away from the technology.
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Traders know not to ‘go long’ when this classic trading pattern shows up
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to spot descending channel patterns can help traders avoid buying in a bearish trend.A “descending channel,” also known as a “bearish…
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LastPass attacker stole password vault data, showing Web2’s limitations
Password management service LastPass was hacked in August 2022, and the attacker stole users’ encrypted passwords, according to a Dec. 23 statement from the company. This means that the attacker may be able to crack some website passwords of LastPass users through brute force guessing.Notice of Recent Security Incident - The LastPass Blog#lastpasshack #hack #lastpass…
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Fed and MIT’s CBDC research: Distributed Ledger tech has ‘downsides’
The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform. 13 Total views 25 Total shares Theoretical research into a Central Bank Digital Currency (CBDC) in the U.S. has found that distributed ledger architecture has…
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Meta dissolves responsible AI division amid restructuring
The restructuring comes as the parent company of Facebook nears the end of its “year of efficiency.” 281 Total views 1 Total shares Social media giant Meta has reportedly disbanded its division responsible for regulating its artificial intelligence (AI) ventures as they are developed and deployed.According to a report, many team members of Meta’s responsible
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Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
In a recent blog post, cryptocurrency legend and former BitMEX CEO Arthur Hayes mentioned he holds sizable bags of GMX and LOOKS tokens. According to Hayes, his main reasoning for investing in both tokens was their platform revenue and the potential of both assets to outperform standard treasury bills. Let’s take a brief look at on-chain…
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Pickup artists using AI, deep fake nudes outlawed, Rabbit R1 fail: AI Eye
Deep fake nudes to be outlawed in UK and Australia, pick up artists fake big live stream audiences to meet women, plus more news: AI Eye.
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Dogecoin frenzy forces UK fund manager to offload $1.1 billion Bitcoin stash
United Kingdom-based fund manager Ruffer liquidated its $600M Bitcoin bet after growing nervous about the speculative frenzy in the cryptocurrency market, including huge rallies in meme-based tokens like Dogecoin (DOGE).The fund, which manages roughly $34 billion for wealthy clients and charities, started selling its cryptocurrency stash in December 2020, when the BTC/USD exchange rate rose…
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Don't be afraid of quantum computers
Blockchain technology has a clear path to quantum-resistant security. Quantum computing challenges cryptography, but zero-knowledge proofs offer a solution.