Former Google China boss doubles down: AI to take 50% of jobs by 2027
Kai-Fu Lee predicted the modern AI zeitgeist back when OpenAI was a non-profit building chatbots.
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Bitcoin Sees Volatility as Prices Hit Three-Month Lows and Altcoins Fall
Cryptocurrency markets are showing red across the board Nov. 14, as a steep drop in Bitcoin (BTC) ricocheted across major assets.Data from Cointelegraph’s price tracker, Coin360, and Bitcointicker confirms BTC/USD bouncing off support around $6,150 on exchanges, at press time hovering above $6,200 again.Market visualization. Source: Coin360The dip to $6,150 marks a fresh test of…

$60K becomes resistance — 5 things to watch in Bitcoin this week
Bitcoin (BTC) begins a new week with a rare disappointment for its Q4 bull run — failing to crack previous support.After a promising weekend, BTC/USD ultimately saw rejection at $60,000 twice, and has since headed below $57,000 as market momentum wanes.The stakes are high: some believe that sky-high Bitcoin price targets can still be met…

Blockchain unicorn Fireblocks raises $310M
The investment round was co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC and SCB 10X. Launched in 2020, SCB 10X is the venture capital arm of Siam Commercial Bank, Thailand’s oldest bank. 510 Total views 166 Total shares Blockchain infrastructure provider and crypto custodian Fireblocks has secured another $310 million in strategic investments,…

Canadian Judge Delays Decision on Legal Representation for QuadrigaCX Clients
A Canadian judge has delayed a decision on legal representation for customers of major Canadian cryptocurrency exchange QuadrigaCX. The news was tweeted by Canadian Broadcasting Corporation reporter Jack Julian on. Feb. 14.On Thursday, Feb. 14, the Nova Scotia Supreme Court reportedly brought together over “a dozen” lawyers who represent 115,000 cryptocurrency traders owed around $260…

Phemex crypto exchange alerted to over $29M of ‘suspicious’ outflows
Blockchain security firm Cyvers has flagged nearly $30 million of suspicious outflows from Phemex.

Binance Launchpad Hosts Its Third ICO With Celer Network Raising $4 Million
Binance Launchpad, the token launch platform of the major global crypto exchange Binance, has completed a $4 million sale of Celer Network (CELR) tokens, the company wrote on March 19.The tokens sale was completed in 17 minutes and 35 seconds, with all 597,014,925 CELR tokens sold in a single session.As the company announced two weeks…

Facebook’s Libra Will Benefit Bitcoin But ‘Destroy’ Banks, Says Industry
Facebook’s new cryptocurrency project really can boost bitcoin (BTC), new sources, among them a report from equity research platform Seeking Alpha, said this week. Capitalizing on existing theories about the social media giant’s Libra protocol, the brief report suggested that publicity from mainstream consumers will ultimately flow into bitcoin. The collateral attention will only help the bitcoin…

Crypto firms facing insolvency ‘forgot the basics of risk management’ — Coinbase
“The issues here were foreseeable and actually credit specific, not crypto specific in nature,” said three department heads at Coinbase. 178 Total views 3 Total shares Department heads at Coinbase have weighed in on the market downturn amid solvency concerns around Three Arrows Capital, crypto lending firm Celsius, and Voyager Digital, saying the crypto exchange…