Tag Archives: AA News

The cryptocurrency industry continues to comingle with that of artificial intelligence in what is reported as a new deal between tech heavyweight Microsoft and former Ethereum miner – CoreWeave. According to recent coverage by CNBC, Microsoft has signed a deal with the former Ethereum miner – CoreWeave. It’s worth noting that CoreWeave has spun up its usage of cloud computing infrastructure from Ethereum mining and is currently one of the rapidly developing providers. It...

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...

Long-term gold proponent and arguably the most popular full-time Bitcoin basher – Peter Schiff – has had his Twitter account comrpomised. According to Blockfence, Peter Schiff’s Twitter account has been compromised and hijacked. The perpetrator already published a tweet that leads to a phishing website. It’s advised not to click or interact with the link. ⚠️Warning⚠️@PeterSchiff‘s twitter got compromised. Scammers are using it to promote a fake $GOLD presale. However, note...

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...

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...

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...

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)...

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...

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...

Michael Novogratz, the founder and CEO of Galaxy Digital, believes the crypto space is lackadaisical right now due to low participation from institutional investors. During an interview with CNBC, the American investor said the market lacks enthusiasm as most of the recent activities in the space are coming from retail buyers while large-scale players are withdrawing. “Quite frankly, crypto is lackadaisical, I’d say. There’s a constant bid from retail. We’re seeing it through...