While artificial intelligence continues to grab headlines, small and large-scale Bitcoin miners might not necessarily jump ship to the AI and machine learning hype train. News Join us on social networks Artificial intelligence (AI) and machine learning (ML) are demanding huge amounts of computing resources as interest in the space grows, but conventional Bitcoin (BTC) …
Monthly archives: November 2023
Ripple lawyer urges fact-check of Gary Gensler’s speech, says SEC actions seen as ‘shady’
SEC Chair Gary Gensler shared a speech on X, triggering heated reactions across the crypto community. News Join us on social networks As Gary Gensler reiterated the United States Securities and Exchange Commission’s mandate in a speech, Ripple’s lawyer and various crypto community members responded, criticizing the SEC chair and arguing that the commissioner’s words …
Federal Reserve accelerates balance sheet reduction with $46 billion cut in a week
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Ordinal-like transactions surge as gas fees go ‘crazy’ on Polygon network
The proliferation of Ordinal-like transactions of PRC-20 tokens appears to have pushed gas fees on Polygon (MATIC), an Ethereum (ETH) layer-2 network, to yearly highs. While the network fees have since receded to previous lows, data from livdir.com shows that the average gas fee peaked at over 5,000 Gwei on Nov. 16. Data from Polygonscan …
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Bitcoin miners revenue increasingly fueled by transaction fees amid token inscription surge
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Ecosystem debate ignites over Polkadot leadership strategies as Parity CEO focuses on innovation
The significant rise in criticisms within the Polkadot ecosystem, spearheaded by Dakota Barnett, CEO of Polkadot parachain InvArch, casts a sharp light on the perceived management and strategic shortcomings of the leadership at Parity Technologies and co-founder Gavin Wood. Barnett stated, “Until @gavofyork steps up the hell up or @bjornwgnr gets his shit together, the …
Tumultuous 9-day stretch culminates in massive crypto leverage clear-out of over $1.7B
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OpenAI strategizes ChatGPT entry into classrooms supporting academic research on AI-assisted learning
OpenAI, previously embroiled in controversy over its ChatGPT chatbot’s potential for facilitating academic cheating, is now taking strides toward integrating the technology into classroom settings, according to Reuters. The development reflects a significant paradigm shift in the perception and application of generative AI in education. Brad Lightcap, the Chief Operating Officer of OpenAI, reportedly revealed …
Macro Expert Lyn Alden Says She’s Highly Convinced Bitcoin Will Go Up in Next Two Years – But There’s a Catch
Macroeconomics commentator and author Lyn Alden is expressing bullish sentiment on Bitcoin (BTC) over the coming months. Alden says in a new interview with David Lin that in the next two years, she has a “pretty high conviction” that Bitcoin will appreciate in price. The macro expert, however, says that over the short term, Bitcoin …
Global securities body IOSCO unveils crypto regulatory framework proposals
According to the report, these expectations can be addressed by applying existing rules or creating new ones, depending on the jurisdiction. News Join us on social networks IOSCO, the international regulatory body overseeing securities markets, has released its conclusive report containing policy suggestions for crypto and digital asset (CDA) markets. The suggestions within this report …
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Ukraine officials get training on crypto and virtual assets investigation
The officials from Ukraine were trained in tracing crypto transactions over different blockchains using specialized analytics software. News Join us on social networks Fourteen Ukrainian officials received advanced training on investigating new-age financial crimes in a training course held from Nov. 14 to Nov. 17 in Vienna. According to a report released by the Organization for …
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Crypto lobby spending in U.S. set to beat 2022 record: Report
With more than a month left before the end of 2023, the United States crypto industry has already spent $20 million on lobbying efforts. News Join us on social networks With more than a month left before the end of 2023, the United States crypto industry has already spent $20 million on lobbying efforts. In …
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Canada flags concern on AI-generated deepfake disinformation campaigns
The Canadian agency also noted privacy violations, social manipulation and bias among the concerns that AI raises. News Join us on social networks The Canadian Security Intelligence Service (CSIS), Canada’s primary national intelligence agency, raised concerns about the disinformation campaigns conducted across the internet using artificial intelligence (AI) deepfakes. Canada sees the growing “realism of …
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Singapore central bank to trial live wholesale CBDC for settlements
The Monetary Authority of Singapore has unveiled its plan to launch a live wholesale CBDC used for settlements by local banks. News Join us on social networks A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a wholesale CBDC to be used by local …
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CoinShares gets buying rights to Valkyrie’s crypto ETF unit
The deal comes as Bitcoin ETF applications in the U.S. are seemingly inching closer toward regulatory approval. News Join us on social networks European digital asset manager CoinShares secured the exclusive option to acquire Valkyrie Funds, the exchange-traded fund (ETF) unit of its United States competitor Valkyrie Investments, which includes the Valkyrie Bitcoin Fund awaiting …
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