The cryptocurrency industry has been widely impacted by the advance in artificial intelligence technology. More specifically, the increasing po polarity of AI-based chatbots like ChatGPT and Google Bard has spawned a subsection of cryptocurrencies themed around that field. There is a myriad of coins in the market that saw exponential growth because of the soaring interest in AI. We’ve also tapped ChatGPT on numerous topics, such as: And while it’s exciting to chat with an AI...
Read More »DFINITY: Das kann der Internet Computer
DFINITY ist ein dezentrales Blockchain-Netzwerk, das den Internet Computer ermöglicht. Der Internet Computer ist ein innovatives Konzept, das darauf abzielt, das Internet selbst zu einem Computer zu machen. Dabei werden dezentrale Anwendungen (DApps) und Smart Contracts direkt auf dem Internet Computer ausgeführt, ohne auf externe Server oder Infrastrukturen angewiesen zu sein. A sneak peek of all the Internet Computer action at the fantastic @thecryptovalley #CVC23 conference with...
Read More »Tron Explodes 10% Daily, Bitcoin Stable at $27K (Weekend Watch)
Bitcoin’s price has settled at around $27,000 after dipping below that level on a few occasions during the working week. Most altcoins are also quiet today, aside from Tron, which has skyrocketed by double digits. BTC Calm at $27K Although Monday started on a highly positive note, after the US government’s debt ceiling deal and BTC skyrocketed to a two-week high at $28,500, the week didn’t turn out all that well for the asset. It was rejected there, which brought it back down...
Read More »Binance Crowns zkPass as Winner of its First Web3 Reality Show ‘Build The Block’
Leading cryptocurrency exchange, Binance, has just concluded its first metaverse reality show dubbed “Build The Block.” The show ends with the blockchain project zkPass emerging as the winner, opening the way to several awards from the exchange. zkPass is a decentralized privacy-protecting identity protocol that harnesses Multi-party Computation (MPC) and Zero-knowledge Proof (ZKP) technology to enable users to prove their verifiable data in the Web2 and Web3 networks. zkPass...
Read More »Elon Musk Sued for Insider Trading With Dogecoin Using “Publicity Stunts”
Tesla boss Elon Musk is guilty of insider trading against his followers using Dogecoin (DOGE), alleged memecoin investors in a court filing against the tech entrepreneur on Wednesday. The accusations are a follow-up to a $258 billion class action lawsuit filed by the same group in June 2022, accusing Musk and his companies of causing hundreds of billions in losses for Dogecoin holders. Elon Musk Dogecoin Agenda Per the amended filing in a Manhattan federal court on May...
Read More »Coinbase to Launch Bitcoin and Ether Futures Contracts for Institutional Investors on June 5
Popular crypto exchange Coinbase will launch Bitcoin and Ethereum futures contracts for institutional investors on June 5, the company said on its website. The company will launch these products through CFTC-regulated Coinbase Derivative Exchange, promising lower fees than other US-regulated derivatives exchanges. BTI and ETI for Institutional Investors Coinbase has partnered with leading FCMs (Futures Commission Merchants), brokers, and front-end providers to enable...
Read More »Scam Token ‘OPENAI’ Promoted On OpenAI CTO’s Twitter Account
The Twitter account belonging to OpenAI CTO Mira Murati was hacked on Thursday, and used to promote a scam crypto token supposedly backed by the company. The tweet stayed online for roughly an hour, garnering 80,000 views from platform users before being taken down. Another Scam AI Token The hacker promoted a fraudulent airdrop for ‘OPENAI’ token, described as a “groundbreaking token driven by artificial intelligence-based language models.” Mira Murati’s (CTO at @OpenAI)...
Read More »Crypto and Fiat Stored on Apps Might Not Be Insured by The FDIC
In a report recently published by the Consumer Financial Protection Bureau (CFPB) of America, regulators warn that crypto and fiat held on mobile apps may not actually benefit from the FDIC’s policy of insuring up to $250k per depositor. Non-Bank Services Not Covered According to the report, an unfortunate consequence of the rise of payment services and apps such as PayPal or Venmo is that consumers are often given the impression that in the event of the platform going...
Read More »Bitcoin Wins No Matter What the Fed Does: Arthur Hayes
Will the Federal Reserve stop raising interest rates next month? For Bitcoin investors, the answer may not actually matter. According to BitMEX co-founder Arthur Hayes, Bitcoin’s price and inflation will rise in tandem precisely because of hawkish central bank policy – contrary to what modern monetary theory would suggest. How Rising Rates Will Increase Inflation In a Thursday blog post titled “Patience is Beautiful,” Hayes outlined why the economy’s ever-expanding...
Read More »New Pepe the Frog Meme Currency Is Exploding in Price
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Meme coins are all the rage, and now it appears one based on the infamous image of Pepe the Frog is making waves in the crypto industry and witnessing price hikes like no other in its category. Pepe the Frog Is Now a Currency! Meme coins have always been extremely popular. One of the biggest ones – Dogecoin –...
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