Nvidia delays next gen AI chip as investors issue ‘bubble’ warning
After briefly breaking the $3 trillion market capitalization mark in June, things have taken a negative turn for the world’s most valuable chipmaker.
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Elon Musk 'shot down' OpenAI's ICO plan in 2018 over credibility concerns
According to a court filing, Elon Musk said that the proposed initial coin offering (ICO) "would simply result in a massive loss of credibility for OpenAI."
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FTX, FTX US and Alameda will file for Chapter 11 bankruptcy in US; SBF resigns
FTX CEO Sam Bankman-Fried has resigned from his position but will “remain to assist in an orderly transition” before being succeeded by John Ray. 2175 Total views 9 Total shares Within a week, crypto exchange FTX has gone from proposing an acquisition by Binance to sort out its liquidity issues to proceeding with filing for…
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Goldman Sachs Is Hiring a New VP of Digital Assets
Goldman Sachs has put the word out it is seeking a new VP in the London-based Digital Assets team within its Global Markets Division. Investment banking giant Goldman Sachs is hiring a new vice president in the Digital Assets team within its Global Markets Division in London.According to a recent job posting on the investment…
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‘Crypto Winter Is Much Warmer in Singapore’: BlockShow Asia Closes on Optimistic Note
BlockShow Asia 2018 has come to an end in Singapore Thursday, Nov. 29, with most visiting experts predicting that cryptocurrencies and blockchain will fare better in 2019.According to the BlockShow team, 2,800 people attended the two-day conference, including potential investors who participated in EXP20 — a business pitch competition for startups announced shortly before BlockShow…
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The anatomy of a cyberattack
Cyberattacks have emerged as a serious threat to people, organizations and governments in today’s digitally connected world. A cyberattack is a malicious attempt to exploit vulnerabilities in computer systems, networks or software for nefarious purposes. Understanding the anatomy of a cyberattack is essential for individuals, businesses and governments to develop effective cybersecurity strategies.To shed light…
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A Gov official in South Korea proposed the nation’s first blockchain voting platform
This region in South Korea may adopt a blockchain voting system. On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related developments across the country.According to UpDown Korea, Cho Eun-hee, who is the local government leader of one of Seoul’s most…
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Instant Crypto Credit Line Provider Says It Processed $300 Million in Seven Months
A crypto lender offering instant loans in more than 45 fiat currencies says it has amassed more than 170,000 users — with $300 million processed over a seven-month period.Nexo enables consumers to deposit their crypto assets into a secure wallet and instantly access a flexible credit line via automated approval and without the need for…
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Abra Adding 60 New Cryptocurrencies in Consumer Adoption Push: Report
California-based cryptocurrency wallet and investment service Abra is adding a total of 60 new cryptocurrencies to its platform, reports suggest.According to CoinDesk on Nov. 12, the increasingly widespread payment gateway is planning to more than treble its existing crypto offerings for international users from 30 to 90 tokens.Four stablecoins to debut on Abra platformFour stablecoins…