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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UK Financial Regulator FCA Won’t Regulate Bitcoin and Ether
Britains’ financial regulator, the Financial Conduct Authority (FCA), will not regulate Bitcoin (BTC) as a part of its recent guidance on crypto assets.On July 31, the FCA issued its finalized policy statement on cryptocurrencies in a document titled “PS19/22: Guidance on Cryptoassets.” The document represents an updated version of a consultation paper on crypto assets…
Shark Tank’s Robert Herjavec Says Bitcoin’s Price Will ‘Quantuple’ Long-Term
Robert Herjavec, Multi-millionaire co-host of ABC’s “Shark Tank,” said Bitcoin (BTC) is currently valued at only a fraction of its long-term potential.“I think the price of Bitcoin, on a long-term basis, will quantuple, if that’s a word,” Herjavec told Kitco News in a Feb. 25 interview.Herjavec likes digital paymentsAfter speaking on gold, expressing that he…
Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump
NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February. 215 Total views 2 Total shares Nonfungible token collection and technology firm Dapper Labs has announced its third round of staff layoffs in less than a year.On July 13, Dapper Labs CEO Roham Gharegozlou…
How to analyze crypto tokens properly before investing
If you ask people what they know about cryptocurrency, chances are you’ll hear the words Bitcoin (BTC) or blockchain — or even both. However, what many individuals aren’t aware of is that over 5,000 cryptocurrencies exist in the market today. This huge number makes things a little confusing for investors.With so many options to choose…
Samourai Wallet: Wasabi’s CoinJoin Management Lacks Privacy
The official Samourai Wallet Telegram account raised concerns over the alleged lack of privacy ensured by the CoinJoin implementation of competing wallet Wasabi on July 18. According to Samourai Wallet, Wasabi wallet CoinJoin transactions are often not as private as they are purported to be. The company pointed out:“With Wasabi if you are mixing 10 BTC…
Altcoins rally as analyst warns Bitcoin is in the ‘$50K – $60K twilight zone’
Bitcoin (BTC) price is still stuck in what traders hope will be a short-term downtrend as the impact of the April 18 rumors of a crackdown on “unnamed financial institutions” for facilitating money laundering using cryptocurrencies have yet to be shaken off. Data from Cointelegraph Markets and TradingView shows that since being pummeled below the $51,000 level…
London-based Project Uses Microsoft Architecture to Make Blockchain Easier for Developers
On Dec. 19, the London-based company Stratis revealed to the public its project that includes sidechains, smart contracts, an ICO and STO platform, and distributed ledger technology (DLT), which simplifies transaction processing. The technology leverages the recently released Stratis C# Full Node, the company’s innovative software, whose codebase is built on the Microsoft .NET Core…
Blockchain Firm Bluzelle Uncovers a Critical Bug in Cosmos’ Consensus Algorithm
Cosmos already patched its Tendermint consensus protocol on July 2. 709 Total views 39 Total shares Decentralized data network Bluzelle (BLZ) discovered a bug in the Tendermint consensus algorithm used by the Cosmos (ATOM) interchain protocol.According to a Bluzelle announcement shared with Cointelegraph on July 6, the firm discovered a bug in Tendermint during its…