Q2 earnings: AI sector enters flat spin as consumer disinterest in chatbots intensifies
Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem.
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The Number of Women in Crypto and Blockchain Is Skyrocketing in 2020
It is widely believed that the cryptocurrency and blockchain sectors are almost exclusively male-dominated. However, a report released by CoinMarketCap on April 30 suggests otherwise. According to analysts, the number of women in the cryptocurrency industry increased by 43.24% in the first quarter of 2020.Below is a breakdown of key factors that contributed to this…

Bitcoin Price in ‘Golden Pocket’ as Trader Warns of $7,400 Breakdown
Bitcoin (BTC) failed to reclaim $8,500 on Nov. 18 as market sentiment continued trending downwards over the weekend.Cryptocurrency market daily overview. Source: Coin360Bitcoin hovers at decisive $8,400 levelData from Coin360 showed BTC/USD attempting to crack the $8,500 level on Monday, only to see rejection after falling from $8,600 late on Sunday. At press time, the pair…

Norwegian gov’t agency opens metaverse office in collaboration with EY
The Brønnøysund Register Center collaborated with EY to open a virtual office in the Decentraland metaverse to reach its next generation of users. 207 Total views 1 Total shares The Brønnøysund Register Center, a Norwegian governmental agency, partnered with the Big Four accounting firm Ernst & Young (EY) to step into the metaverse with a…

Where, Oh Where Has Bitcoin Volatility Gone? Part 1
The first half of 2020 has been wild for just about everyone in every asset class. In early March, when it became evident that COVID-19 was a seismic event, asset markets across the globe crashed. One important reason was that levered investors suddenly received margin calls and were forced to liquidate assets to satisfy them.When…

AI-coded smart contracts may be flawed, could ‘fail miserably’ when attacked: CertiK
CertiK’s security chief thinks inexperienced programmers using AI tools such as ChatGPT to write smart contracts is a recipe for disaster. 288 Total views 22 Total shares Artificial intelligence tools such as OpenAI’s ChatGPT will create more problems, bugs and attack vectors if used to write smart contracts and build cryptocurrency projects, says an executive

Can Bitcoin Benefit From New ‘Impossible to Crack’ Encryption Chips?
A team of researchers claims that the prototype silicon chip that they developed enables encryption that is impossible to break. According to an article published on Dec. 20 by scientific paper publication outlet Nature, the system uses chaotic wavepackets in conventional Silicon-based semiconductors.The chip was developed by scientists from the U.K.-based School of Physics and…

Tether partners with OCEAN mining pool to decentralize Bitcoin block-building
Stablecoin issuer Tether has announced it intends to deploy its existing and future Bitcoin hashrate to OCEAN’s Bitcoin mining pool in an effort to strengthen the network’s decentralization. “Deploying hashrate to OCEAN aligns with both our mining investments and our broader mission to fortify Bitcoin against centralizing forces,” Tether’s CEO Paolo Ardoino said in an

Two European Salmon Producers Use IBM’s Blockchain Platform to Track Supply Chain
Salmon farming company Cermaq and smoked salmon producer Labeyrie began using IBM’s cloud blockchain technology to trace their product supply chains.Cermaq announced the development in a Nov. 20 press release, revealing that it cooperated with Labeyrie and IBM’s blockchain platform IBM Food Trust to enable customers to get information about the salmon value chain. All…