EU AI rules stifle innovation, Meta and Spotify CEOs warn

Researchers behind the well-known Cambridge Bitcoin Electricity Consumption Index (CBECI) have officially revised its methodology to enhance the accuracy and reliability of the Index’s estimates for the first time since its inception in 2019.The CBECI was launched in July 2019 in an effort to provide reliable data-driven insights to questions about Bitcoin mining’s energy-intensive nature

South Korean internet giant Kakao Corp has launched a teaser page for its forthcoming cryptocurrency wallet, Klip.According to a report from News1 Korea on Aug. 12, Kakao has made the wallet teaser page available as part of the “More” tab on its messaging app KakaoTalk — the platform into which the real wallet will eventually…

Buterin still believes that “the internet of money should not cost more than 5 cents per transaction” and highlighted Ethereum’s continued efforts to improve the blockchain’s scalability capabilities. 1363 Total views 28 Total shares Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being…

The classic inverse correlation between USD and Bitcoin is nowhere to be seen as all-time highs come closer and closer. Bitcoin (BTC) challenged levels within 10% of all-time highs on March 10 as strength in the U.S. dollar failed to dent the bullish trend.BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview$56,000 resistance is next BTC price…

The payments platform said PayPal USD will be “rolling out fully in the coming weeks” after announcing its launch on Venmo. 33 Total views 4 Total shares Major United States-based payment processor PayPal has announced its PYUSD stablecoin is now available on Venmo.In a Sept. 20 blog post, the payments firm said PayPal USD (PYUSD)

Anonymous Tor-enabled Bitcoin nodes normally make up as much as 25% of totally reachable Bitcoin nodes. 1467 Total views 6 Total shares According to the latest data from node monitoring resource Bitnodes, Tor-enabled Bitcoin (BTC) nodes are back to normal following almost a full-swing crash in early January 2021. As of Jan. 13, the number of…

Over the past decade, blockchain has surpassed the hype realm into a real transformative solution for industries. Several companies are investing billions of dollars on the network; it topped LinkedIn’s list of in-demand hard skills in 2020, and articles about its potential are now littered on every finance blog. Ask those who had experienced the…

OpenAI reportedly weighed up a chip making firm as an acquisition target so it could produce its own AI chips. 158 Total views 3 Total shares OpenAI, the company behind artificial intelligence chatbot ChatGPT, is reportedly exploring the possibility of manufacturing processing chips in-house amid a global shortage of the expensive and difficult to produce

Editor’s note:The week has been remarkably active for policy, possibly as a result of economies showing signs of heading slowly back to normal. While crisis remains, it seems like everyone has gotten numb to crisis mode.Recent news has been quite kind to crypto all over the world. We may in fact be seeing a trend…