The singularity: How AI could become the final boss whale of crypto
World-renowned futurist Ray Kurzweil says the singularity is coming sooner than expected.
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Bitcoin Faces Second Largest Difficulty Drop in History After Latest Adjustment
Bitcoin’s (BTC) mining difficulty saw its second largest drop in history, with a -15 percent adjustment on Monday, Dec. 3, as per data provided by major Chinese mining pool BTC.com.Bitcoin’s hashing difficulty algorithm is normally adjusted every two weeks to maintain the normal 10-minute block time. It has been adjusted for the second time today…
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Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO
In light of the recent fragility in the decentralized finance (DeFi) sector, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor feels that Bitcoin and the Lightning network can come to the rescue of the DeFi market.With two enormous protocols, Terra and Celcius, facing acute difficulties within a month of each other, the DeFi sector is going…
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IBM says it will have hit a quantum computing ‘inflection point’ by 2029
Big Blue’s roadmap says it’s on pace to execute 100 million gates over 200 qubits in 2029 before a 10x improvement by 2033. 147 Total views 1 Total shares IBM announced the unveiling of its 1,121-qubit “Condor” quantum computing processor on Dec. 4. This is the company’s largest by qubit count and, arguably, the world’s
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Japanese SBI and Swiss SIX plan joint crypto venture in Singapore
The new platform aims to establish an institutional corridor between Europe and Asia. 1100 Total views 12 Total shares Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture.According to a Dec. 8 announcement, the firms' digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset…
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Bitcoin ‘coiling’ up for a huge move as it hovers around $71K
Bitcoin’s average price across 5-day, 30-day, and 50-day periods are almost the same, indicating low volatility and raising the chances of a price breakout in either direction.
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We could use crypto regulation after FTX — but let’s start with basic definitions
As a crypto CEO, I know how often our sector is misunderstood and criticized. Sometimes, the criticism is deserved because we have not always done our part to shine a light on the utility and use cases powering positive change. But other times, it’s based on the assumption that all players in this industry are…
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Bitcoin halving birthday: 12 years of limited supply and milestones
Bitcoin celebrates 12 years since its first halving event, with block rewards shrinking to 3.125 BTC and miners adapting to higher difficulty amid rising prices.
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Trillions of Dai Required in Future to Maintain Maker’s Current Value
Crypto analysts AlfaBlock claim that the MakerDAO protocol will need to host several trillion Dai by 2040 to maintain its current market capitalization. Crypto analysts AlfaBlok has published a report that claims the number of circulating Dai will need to increase by more than 70% each year in order for MakerDAO (MKR) to maintain its…