UK AI safety institute ventures across the pond with new US location
The UK expands its AI Safety Institute to San Francisco, aiming to leverage Bay Area tech talent and strengthen global AI safety partnerships.
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$250K Bitcoin Price Prediction Is Now ‘Conservative,’ Says Tim Draper
Major Bitcoin (BTC) bull Tim Draper now thinks that his own prediction that BTC price will hit $250,000 by 2022 may be understating the power of Bitcoin.BTC price to grow with adoptionIn an interview with crypto news network Blocktv on Sept. 13, the famous American venture capital investor has once again expressed his bullish stance…
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Here’s why Ethereum, AAVE, ALPHA are unfazed by Bitcoin’s latest ‘Elon candle’
Bitcoin (BTC) and altcoins' markets lost a combined total of up to $602 billion overnight in a shocker brought forth by Elon Musk.The billionaire entrepreneur did an about-turn on his decision to accept Bitcoin for the electric vehicles offered by his company Tesla. He cited environmental concerns, noting that Bitcoin mining requires many fossil fuel…
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Total crypto market cap rises above $1T, and data suggests more upside is in store
Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that derivatives metrics are not showing increased demand from bearish traders at the moment. Total crypto market cap in USD, 1-day. Source: TradingViewBitcoin (BTC) price gained 8% on the week, stabilizing near…
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Inside South Korea’s wild plan to dominate the metaverse
by Andrew Fenton 11 min December 8, 2022 South Koreans are obsessed with technology. More than half the population plays video games, and crypto adoption is high — both of which are very promising signs that its plan to dominate the Metaverse will succeed. “Many years ago, it was AI. Now, it’s metaverse,” he says.…
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Bakkt delists majority of tokens from recently acquired Apex Crypto platform
The delisting included major tokens used in DeFi; the company said it was following “up-to-date regulatory guidance.” 262 Total views 2 Total shares Digital asset firm Bakkt has dropped 25 of the 36 crypto tokens listed on its recently acquired trading platform Apex Crypto. A spokeswoman for the company told Cointelegraph on May 12 that the…
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USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg
Analytics platform Nansen showed that one of the funds that capitalized on the UST depeg has started to transfer large amounts of USDD. While the market has not yet fully recovered from the onslaught caused by the TerraUSD (UST) depeg, another stablecoin project shows signs of distress, causing fears and speculation within the community. Stablecoin protocol…
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How Crypto Market Fall Influences Mining Hardware Sales and Producers’ Revenues
A year long bear crypto market appears to have had a negative impact on the profitability of cryptocurrency mining. In spite of this, Bitcoin miners still managed to generate $4.7 billion in profit in the first six months of 2018. Constantly growing competition between big mining pools and the increasing difficulty of Bitcoin’s algorithm make…
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KuCoin encourages greener crypto mining with proof-of-work pool
According to CEO Johnny Lyu, people using renewable energy sources for mining will receive discounts on fees. 465 Total views 93 Total shares Singapore-based crypto exchange KuCoin is launching a mining pool aimed at providing revenue to proof-of-work miners after integrating their rigs.In a Wednesday announcement, the exchange said its KuCoin Pool product would allow…