Sam Altman says ChatGPT will bring unimaginable prosperity, fix climate
He also said it’ll solve all physics and usher in an era our grandparents couldn’t have imagined.
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Tether Looks to Catch Up in DeFi With Aave Integration
Tether (USDT) is now available on Aave, a non-custodial lending platform formerly known as ETHLend. The top stablecoin by market capitalization appears to be signaling its move into Ethereum (ETH) decentralized finance (DeFi).Tether shared an announcement on the development with Cointelegraph on March 10. USDT Aave’s existing offering of DAI, USDC, TUSD and sUSD stablecoins.What…
Proof-of-Authority Algorithm Use Cases Grow: From Pharma to Games
While the proof-of-authority consensus algorithm is turning into perhaps one of the most mature versions of blockchain technology. It is faster than other algorithms, more scalable, and does not depend on mining. Market leaders Walmart and GE Aviation are using PoA to track supply chains, and Microsoft has created a whole line of PoA-based enterprise…
Cointelegraph Consulting: Institutions keep the Bitcoin bull market on track
Volatility and funding rates surge, but large BTC holders continue to accumulate. 4199 Total views 15 Total shares As the institutional investment narrative continues to play out, on-chain metrics show the continued accumulation of BTC in large addresses is still ongoing, with an increase of 9% during the previous 30 days alone. This was slightly…
VanEck and 21Shares send amended Ether ETF filings to SEC
Some experts are still speculating that the final approval of spot Ether exchange-traded funds could allow listing and trading as early as July.
Peter Schiff ‘Concedes’ Bitcoin Profitable, But Won’t Succeed as Money
Bitcoin (BTC) skeptic Peter Schiff has admitted that holding the cryptocurrency is profitable — but claims it will “never” compete with fiat currency.In a tweet on Feb. 18, Schiff, well known as a fierce Bitcoin critic and longtime gold bug, “conceded” that the cryptocurrency in the past ten years had been a successful investment.Schiff: BTC…
Large institutions sold $5.5B in BTC since May — and we’re still here
Since May 10, as much as 236,237 Bitcoin (worth $5.452 billion) has been sold by “large institutions” — mostly as a result of forced selling. A Twitter thread from Arcane Research analyst Vetle Lunde details how and when many institutional Bitcoin holders began selling their stacks. Lunde stated that “it all started with Do Kwon.” The…
Lowest Exchange BTC Balances Since 2019 — Calm Waters Ahead?
Bitcoin (BTC) balances of the major exchanges are at their lowest point since 2019.Calm waters ahead?From a high in mid-January, the number of Bitcoins on deposit at major exchanges has dropped significantly in following months. This trend accelerated after the recent market collapse.Source: GlassnodeFurther supporting this trend is the “exchange net inflow” data, which is…
Tokenizing Commercial Real Estate and the Promise of Liquidity
The commercial real estate sector is squarely in the sights of the blockchain industry. Advocates justifiably believe that the technology offers the ability to streamline everything from capital formation to transaction settlement at hitherto unseen levels of speed and efficiency. Additionally, through a process known as tokenization, blockchain platforms can create digital representations of shares…