Google’s new Gemini AI model dominates benchmarks, beats GPT-4o and Claude-3
This is the first time Google’s taken the top slot on the Chatbot Arena leaderboard.
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India’s Income Tax Department may soon target crypto trades and ecosystem
Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments. 408 Total views 33 Total shares As the Income Tax Department of India reportedly considers taxing crypto traders and crypto exchanges soon, experts believe investors should rest assured.According to ET Now’s report, the tax department, which operates under India’s Ministry of…
Little Shapes was a ‘social experiment’ to expose NFT botnets: founder
Atto, the pseudonymous founder behind Little Shapes NFT has revealed that the project was actually a “social experiment” designed to shed light on large-scale NFT bot network scams on Twitter.Since late December, Little Shapes had been attracting a fair amount of attention from the media and crypto community. This is due to several semi-viral tweets…
SEC Begins Proceedings on Wilshire Phoenix Bitcoin Exchange-Traded Fund
The United States Securities and Exchange Commission (SEC) has initiated proceedings regarding the Wilshire Phoenix Bitcoin (BTC) exchange-traded fund (ETF) proposal.According to a Sept. 24 public filing, the SEC started proceedings to determine whether to approve or disapprove the proposed rule change, which would allow NYSE Arca to list and trade shares of Wilshire Phoenix’s…
Even Elon Musk can’t save Dogecoin from crashing another 60%, analyst asserts
If one looks at Dogecoin (DOGE) charts from the point of view of a financial chartist, he/she will notice an alarming presence of a classic bearish structure.For instance, pseudonymous analyst Tyler Durden highlighted what appears to be a "Head and Shoulder" pattern. The trading structure forms when an asset forms three peaks atop the same…
Ethereum analytics firm Nansen acquires DeFi tracker Ape Board
Blockchain analytics firm Nansen to launch a new portfolio tracker integrated with the rest of its features with the new acquisition. 159 Total views 10 Total shares Major Ethereum blockchain analytics platform Nansen continues scaling its operations by acquiring a cross-chain decentralized finance (DeFi) tracker.Nansen has acquired the multi-chain portfolio tracker Ape Board in an…
Thanks Boomer? Bitcoin-Friendly Generations to Inherit $70 Trillion
Bitcoin (BTC) aware Millennials are set to inherit almost $70 trillion of value from the Baby Boomer generation by 2045.Data compiled and originally released in a November 2019 report by digital asset management firm Coinshares revealed those who grew up with Bitcoin will soon benefit from savings worth over three times the United States’ GDP.“Boomers”…
Bitcoin Lightning Network growth capacity plateaus at 3,400 BTC
The capacity of the Bitcoin Lightning Network has short-circuited over the last three months to circa 3,400 BTC capacity, after surging throughout 2021, according to Arcane Research. 358 Total views 5 Total shares Following an exponential climb in capacity over 2022, the Bitcoin (BTC) Lightning Network made a lackluster start to the new year. According…
US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction
The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions. 253 Total views 5 Total shares The Federal Reserve is seemingly running interference with congressional efforts to regulate stablecoins, according to a letter recently sent to Fed Chairman Jerome Powell. The letter came from…