Vitalik Buterin suggests AI hardware pause for humanity’s safety
Buterin said a last resort to “slow down” dangerous forms of superintelligent AI would be to restrict available global computing power for a year or two.
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The meaningful shift from Bitcoin maximalism to Bitcoin realism
There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or promising hype, but Bitcoin was their settlement coin of choice.Things have changed. Stablecoins now constitute a critical $150 billion pillar in the cryptocurrency market. Perpetual futures over-amplify market sentiment and, more often than…
Crypto News From Japan: Week in Review
Japan is a friendly jurisdiction for cryptocurrency trading and development, having eliminated the consumption tax on Bitcoin (BTC) trading in 2017, after which it recognized the coin as legal tender. This week in Japan, a crypto exchange that was hacked earlier this year has closed its doors, while the central bank has come out as…
Price analysis 7/3: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
The United States equity markets have witnessed a solid year so far. The Nasdaq Composite has soared 31.7%, its best first-half performance since 1983. Similarly, the S&P 500 Index’s (SPX) 15.9% gain is its best first half since 2019. This suggests that risky assets remain in demand.In the cryptocurrency markets, Bitcoin (BTC) has led the…
Web3 Foundation makes bold claim to SEC: ‘DOT is not a security. It is merely software’
According to CLO Daniel Schoenberger, the team developed a “workable theory of how token morphing may be achieved” for DOT based on the SEC’s concerns and federal securities laws. 357 Total views 3 Total shares The entity supporting research and development of Polkadot as well as overseeing fundraising efforts for the blockchain has argued that…
Reddit Co-founder Says Crypto Winter Erased Speculators, Gave Space to Real Builders
Alexis Ohanian, co-founder of Reddit and known crypto bull, claimed that the crypto hype is gone, leaving space for true crypto believers. Ohanian spoke on the subject in an interview with Yahoo Finance released on Feb. 22.When asked if he is still a big believer in crypto, Ohanian acknowledged that the current state of the…
CZ Insists That DDoS Attacks Were Foul Play From Binance Competitors
Binance’s CEO suspects that recent DDoS attacks came from competing exchanges looking to damage Binance’s reputation rather than steal crypto. 633 Total views 10 Total shares As Zhao told Cointelegraph on May 4, the April 29 attack was “well-coordinated” and focused on making Binance services unavailable in some countries of Asia.Competitors behind the attacks?Zhao emphasized…
Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD.
Joseph Lubin says insiders are ‘very optimistic’ about how fast Eth2 will unfold
Joseph Lubin believes Eth2’s development will move quicker than many are expecting, predicting the new protocol will “absorb” Ethereum in “the not too distant future” 2464 Total views 16 Total shares Speaking during the Ethereum in the Enterprise — Asia Pacific 2020 conference on Dec. 3, ConsenSys founder and Ethereum contributor, Joseph Lubin, predicted that…