Elon Musk 'shot down' OpenAI's ICO plan in 2018 over credibility concerns

According to Goldman Sachs, the current period is the early phases of a new technology cycle, which is poised to deliver additional strong performance. Goldman Sachs has firmly maintained that an artificial intelligence (AI) bubble doesn't exist, despite concerns persist among analysts regarding the significant surge in AI market interest and the resulting spike in

After years of uncertainty about its cryptocurrency regulation, Russia is further confusing its proposed crypto law as the country’s central bank made yet another statement on the issue.According to a legal executive at the Bank of Russia, the country’s major but still unfinalized cryptocurrency legislation — a bill “On Digital Financial Assets” — will ban…

Every 1st and 15th, Cointelegraph Consulting provides the latest inside scoop on cryptocurrency price action and rationale in its Market Insights newsletter. Here’s a preview of one of this month’s editions. Editor’s noteCrypto asset prices have flown upward in recent weeks, with various altcoins posting gains reminiscent of the great 2017 digital asset bubble. Assets such…

Digital asset custody platform Fireblocks has raised $550 million in Series E funding to become one of the blockchain industry’s most valuable companies, underscoring heightened institutional appetite for cryptocurrency products despite extreme price volatility. The investment round was co-led by venture firms D1 Capital Partners and Spark Capital, with participation from Parafi Growth Fund, Canapi Ventures,…

Earth Day 2022 is a good day to highlight how crypto mining operations have begun to naturally gravitate towards cheaper and cleaner energy sources. 614 Total views 7 Total shares April 22 is Earth Day and with environmental sustainability one of the key topics in the global debate surrounding Bitcoin mining, analysts say the industry…

As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly launched liquidity pool. 459 Total views 28 Total shares High-profile security incidents continue to be a theme in 2022 as the Acala Network joined a long list of stricken platforms to…

The global head of GeForce marketing at Nvidia said that the reduced hash rate "only applies to newly manufactured cards," not to GPUs already purchased. 5242 Total views 18 Total shares Graphics card giant Nvidia said that the hash rate limiter on its RTX 3060 graphics cards would also be introduced in other RTX 30…

The director-general of the National Bank of Cambodia revealed that the central bank’s DLT payments platform will go live by the end of the year. 1197 Total views 24 Total shares Cambodia’s central bank will launch a distributed ledger technology (DLT) network to enable greater interoperability in the country’s payments sector and to take on…

The chief strategy officer at Bitcoin (BTC) technology firm Blockstream has said that the current block size capacity may not even be needed in the future.Speaking in an interview with industry news outlet Decrypt on Oct. 6, Samson Mow stated that as off-chain scaling solutions such as the Lightning Network (LN) progress, Bitcoin will need…