Google says no 'straight line' between generative AI and unemployment — for now
A new study published by Google highlighted the economic repercussions of generative AI and its probable influence on employment trends and workforce dynamics.
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Bitfarms assumes control of 120 MW mining mega-site in US
Bitfarms assumes control of its first U.S. mega-site, marking a significant expansion in its power capacity and mining operations.
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MakerDAO launches biggest ever bug bounty with $10M reward
Immunefi’s largest bug bounty to date aims to help MakerDAO pinpoint potential vulnerabilities in its smart contracts and apps to prevent monetary losses. 264 Total views 37 Total shares MakerDAO has announced that it will begin offering a maximum of $10 million bounty to white hat hackers and cybersecurity specialists who point out legitimate security…
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Tokenizing Sports — How the Industry Is Incorporating Crypto
Cryptocurrencies and digital tokens have become powerful tools for a variety of industries over the past few years, and the world of sports is no exception. Sports fans are notoriously passionate about the teams they support, and there is a massive market for everything from tickets to memorabilia, collectibles and content.As the world continues to…
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Bitcoin bulls ignore the recent regulatory FUD by aiming to flip $25K to support
It might seem like forever and a day ago when the Bitcoin (BTC) price was trading below $18,000, but in reality, it was 40 days ago. Generally, cryptocurrency traders tend to have a short-term memory and, more importantly, they attribute less importance to negative news during bull runs. A great example of this behavior is…
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What directional liquidity pooling brings to DeFi
Modern decentralized exchanges (DEXs) mainly rely on liquidity providers (LP) to provide the tokens that are being traded. These liquidity providers are rewarded by receiving a portion of the trading fees generated on the DEX. Unfortunately, while liquidity providers earn an income via fees, they’re exposed to impermanent loss if the price of their deposited…
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Kazakhstan collected $7M in crypto mining taxes in 2022
Crypto miners paid millions of dollars in energy fees last year following the regulation of the fiscal burden of mining activities. 33 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe government of Kazakhstan has received 3.07 billion tenge (approximately $7 million) in tax payments from crypto mining…
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Coinbase CEO Brian Armstrong Tackles Four ‘Myths’ About Crypto Custody
Brian Armstrong, co-founder and CEO of United States crypto exchange and wallet Coinbase, has outlined what he believes to be four common misconceptions about crypto custody solutions. His article was published on Fortune’s crypto-focused segment The Ledger on Feb. 22.Cold storage refers to a method of keeping crypto holdings and users’ private keys offline in…
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Ethereum gas fees cool down after May memecoin frenzy
Besides Ethereum, Bitcoin’s meme frenzy via Ordinals has steeply declined from its high in May. 96 Total views 1 Total shares The average transaction fee or gas fee on the Ethereum network has cooled substantially in the first week of June after reaching a multi-month high in May, owing to the meme coin frenzy and…