Google blames users for wildly inaccurate ‘AI Overview’ outputs
Elon Musk recently said AI would surpass humans by 2025 but Google’s models are so inaccurate they’re being tuned by hand.
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What is the risk/reward ratio in cryptocurrency trading, and how to use it
The risk/reward ratio or risk/return ratio is a commonly used metric in trading that compares the potential profit of a trade with the potential loss. That said, it’s the reward traders stand to make for the risk they take. For example, an investment with a risk/reward ratio of 1:3 would mean that for every dollar the…
Blockchain Browser Brave Launches Token Tipping Service for Twitter Users
The blockchain-based decentralized internet browser Brave now allows Twitter users to tip content creators with its native Basic Attention Tokens (BAT).Brave discussed the public launch of its token tipping service in an announcement on Aug. 1, wherein users can reportedly specify the amount they wish to tip a given Twitter account, and the recipient will…
NFT representing 5% of Monaco F1 Delta Time track auctioned for $220K
NFT-powered racing game F1 Delta Time has auctioned off a segment of an in-game track for $222,000. 3072 Total views 14 Total shares A segment of a race track in F1 Delta Time, a non-fungible token-powered motorsports game from Animoca Brands, has been auctioned off for more than 9 million of the company’s REVV tokens,…
Amazon seeks new exec to oversee digital currency strategy
The new Amazon position requires a deep understanding of the digital currency and cryptocurrency ecosystems and related technologies. 569 Total views 3 Total shares Tech giant Amazon is looking to dive into digital currency and blockchain development with a new major hire within its payments-focused team.Amazon’s payments acceptance and experience team is seeking a digital…
Raoul Pal says ‘reasonable chance’ crypto market cap could 100X by 2030
“I think there’s a reasonable chance of this being a $250 trillion asset class, which is 100x from here,” said Raoul Pal. 1612 Total views 54 Total shares Former Goldman Sachs hedge fund manager and Real Vision CEO Raoul Pal thinks that the crypto market cap could increase 100X by the end of this decade.…
Environmental groups want Bitcoin to follow Ethereum’s example in moving to proof-of-stake
Critics have suggested Bitcoin could not operate as the same decentralized currency without a consensus mechanism like proof-of-work. 389 Total views 40 Total shares Transitioning the Ethereum blockchain from proof-of-work to proof-of-stake has reduced its energy usage by more than 99% — and many climate activists have called for Bitcoin to follow suit. In a Thursday…
Former US Treasury Head Calls Payment ‘Friction’ the Best Argument for Crypto
Clinton-era Treasury Secretary Summers doesn’t buy some of the crypto community’s anarchic sentiments but agrees that they are solving a major problem. 384 Total views 7 Total shares In a June 25 interview with Circle’s Jeremy Allaire, former Treasury Secretary Lawrence H. Summers talked about crypto’s ability to patch up the modern financial system, particularly…
Ethereum Researcher: Ethereum to Reduce Issuance Ten-Fold by 2021
Ethereum (ETH) might decrease issuance ten-fold by 2021, said Justin Drake, an Ethereum 2.0 researcher at the Ethereum Foundation, as technology-focused news outlet Trustnodes reported on July 5.Drake reportedly set out a possible timeline, saying:“Here’s a possible timeline (dates likely totally wrong!) highlighting the key milestones: January 2020: beacon chain launch. June 2020: eth2 light…