The AI pre-training age will soon come to an end — OpenAI co-founder
According to OpenAI co-founder Ilya Sutskever, AI researchers must find new ways of scaling machine intelligence to overcome limitations.
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Crypto investment products see $147M outflows after 3-week inflow streak
The outflows from crypto investment products in the last week followed a series of inflows totaling nearly $2 billion in the previous three weeks.
Bitcoin Slips in KPMG Rankings, But Cryptocurrency Innovation Has Strong Showing
On Nov. 18, Big Four auditing firm KPMG released its 2019 Fintech100 ranking, which lists the top 100 fintech firms in the world. The list saw a drop in Bitcoin-related companies but reinforced innovation in the payments industry.As was the case in 2018, AntFinancial — owned by Jack Ma of Alibaba — led the ranking.…
‘Tremendous time’ to start a blockchain company, says Pantera General Partner
Despite depressed crypto prices and recent company collapses, one of the key investors behind crypto hedge fund Pantera Capital believes there’s never been a better time to start a blockchain company. As part of a Jan. 23 post about the year ahead from a number of executives at Pantera Capital, Paul Veradittakit, General Partner at Pantera…
Binance readies checkbook for potential fines from US regulators: Report
The world’s largest crypto exchange wants to resolve outstanding investigations with U.S. regulators. 524 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe world’s largest digital asset exchange, Binance, is preparing to face fines and penalties in order to settle outstanding regulatory and law-enforcement investigations in the United…
Arcadia Finance hacker used reentrancy exploit, team demands return of funds
The Arcadia Finance attacker used a reentrancy exploit to drain $455,000 from the decentralized finance (DeFi) protocol, according to a July 10 post-mortem report issued by the app’s development team. A “reentrancy exploit” is a bug that allows an attacker to “reenter” a contract or interrupt it during a multi-step process, preventing the process from…
Traders seek hefty gains from altcoins while Bitcoin price consolidates
SOL, PRE and AR rallied more than 30% while Bitcoin price continues to consolidate around $46,000. 427 Total views 3 Total shares Optimism across the cryptocurrency ecosystem continues to grow on Aug. 16 as multiple altcoins put on double-digit gains and Bitcoin (BTC) bulls defend the $46,000 support level. Data from Cointelegraph Markets Pro and TradingView…
Report: Number of Blockchain Patent Filings Outstrips Other Technologies
The number of global blockchain patent filings significantly outstrips the patent filings for other technologies, according to research by the Swiss Federal Institute of Intellectual Property (IPI) and London-based law firm Withers & Rogers. British media outlet Compelo reported the results on June 5.According to the report, the amount of blockchain patents in the world…
Report: Privacy coins don’t conflict with Anti-Money Laundering laws
Where does the right to financial privacy end? Privacy-oriented cryptocurrencies like Monero (XMR) do not conflict with Anti-Money Laundering laws, according to a major global law firm.Perkins Coie, a Seattle-based international law firm, published a report devoted to the AML regulation of privacy coins on Sept. 15. In the report, Perkins Coie aims to dispel…