Tesla investors sue Elon Musk for diverting resources, talent to xAI
Shareholders accused Tesla boss Elon Musk of “brazen disloyalty” with his xAI startup that created “billions in AI-related value at a company other than Tesla.”
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Bitcoin Addresses Worth $100,000 or More Hits All-Time-High
The number of Bitcoin (BTC) wallet addresses holding a minimum of 10 BTC — worth over $100,000 to press time — has hit an all-time high, multiple data sources reveal.According to BitInfoCharts’ Bitcoin Rich List, as of Sept. 17, there are 157,210 addresses holding between 10 and 1,000,000 BTC. Earlier this month, Coin Metrics’ State of…
PayPal CTO: Crypto Still Needs to Prove Itself to Catch On
Crypto developers must follow consumers closely if they want the industry to take off in a big way, Paypal’s chief technical officer has said.Sri Shivananda — an eBay veteran who has been in his role at PayPal since 2016 — made his remarks at the Economic Times (ET) Global Business Summit, ET reported on March…
China accessing high-level AI chips banned by the US: Report
Documents have surfaced revealing state-linked Chinese entities using Amazon cloud services or similar services to access advanced AI chips and capabilities banned by the US.
Bitcoin correction ‘almost done’ as realized losses rise above weekly average
Bitcoin traders’ realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off.
DeFi pulls the curtain on financial magic, says EU Blockchain Observatory expert
As decentralized finance continues its victorious march — although the road is sometimes bumpy — some significant questions on its nature remain. How can DeFi applications be protected from becoming nonoperational under extreme stress? Is it really decentralized if some individuals have way more governance tokens than others? Does the anonymous culture compromise its transparency?A…
Price analysis 5/28: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH
Earlier this week billionaire investor Carl Icahn’s told Bloomberg that he is considering entering crypto in a big way but this hardly made any difference to crypto prices. This is just another hint that the underlying sentiment is bearish and that crypto markets are not reacting positively to favorable news.However, this does not mean that the bulls…
EU regulator sees crypto as sign of increased risk-taking in current climate
The European Securities and Markets Authority (ESMA) has published its report on trends, risks and vulnerabilities in the EU markets during the first half of 2021 (1H21).Its takeaways included the argument that crypto markets’ extraordinary volatility and growth make a compelling case for the need for a targeted regulatory regime, as sketched out in the…
Arbitrum decentralized exchange IAO cancelation draws controversy
Xirtam token's scheduled initial airdrop offering was canceled at the eleventh hour following an alleged pricing dispute. 231 Total views 3 Total shares Own this piece of history Collect this article as an NFTOn April 26, Xirtam token's scheduled initial airdrop offering (IAO) on the Arbitrum decentralized exchange AlienFi was canceled minutes before launch. It was not immediately…