Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.
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Chinese chip designer reportedly filed for $50M Nasdaq IPO
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions. 56 Total views 7 Total shares Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50…
Kazakhstan Sets Eyes on Top-3 Spot for Global Bitcoin Mining
Kazakhstan is becoming an important destination for Bitcoin (BTC) miners seeking cheap electricity in the post-halving market driven by thinner margins. According to recent reports, the oil-rich Central Asian country expects the total amount of money invested in local crypto mining operations to double by the end of 2020 and attract $738 million over the…
Cryptocurrencies against the ‘silent thief.’ Can Bitcoin protect capital from inflation?
The world is becoming increasingly volatile and uncertain. The assertion that “inflation is the silent thief” is becoming less relevant. In 2021, inflation has turned into a rather loud and brazen robber. Now, inflation is at its highest in the last forty years, already exceeding 5% in Europe and reaching 7.5% in the United States.…
Creating self-sovereignty in the creator economy and Web3 — Is there room for both?
On this week’s episode of NFT Steez, hosts Alyssa Exposito and Ray Salmond meet with Web3 content writer Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3. Plavnik referenced author Gavin Wood when describing Web3 and said that “communication” is a core tenant in the subsequent iteration of the internet.…
Bitcoin investors are bullish on the US Fed’s $100B loss
The U.S. Federal Reserve made a significant announcement on Sept. 14, revealing accumulated losses of $100 billion in 2023. What’s more, this situation is expected to worsen for the Fed, according to Reuters. But for risk assets like Bitcoin (BTC), this may actually be a blessing in disguise. The Fed in the redThe primary reason behind this
Crypto space weighs in on proposed amendments to US infrastructure deal
With more than one amendment proposed to the United States infrastructure plan that would modify a provision on cryptocurrencies, some figures in the space are going against the one with White House support.Digital rights advocacy group Fight for the Future said today it would not support the amendment crafted by Senators Mark Warner, Rob Portman…
Bitcoin liquidity drops to 10-month low amid US bank run
The banking crisis has impacted United States-based exchanges the most, with traders suffering due to increased price volatility. Own this piece of history Collect this article as an NFTBitcoin (BTC) market liquidity has dropped to a 10-month low, despite a bullish quarter in terms of price gain. The liquidity dry-up is partly attributed to the…
Aussie Senate committee proposes overhaul of crypto taxes, DAOs and exchange licenses
The committee recommended more clarity for DAOs, new capital gains tax provisions, and tax breaks for green miners. 1197 Total views 22 Total shares The Senate Committee on Australia as a Technology and Financial Center (ATFC) has just tabled its third and final report in Parliament which has 12 far-reaching recommendations for the regulation of…