It’s not just fake, AI-generated music collaborations generating headlines this week: now it’s a fake, AI-generated interview with a legendary sports icon. And it has the family of seven-time Formula 1 (F1) racing champion Michael Schumacher seeing red. German weekly magazine Die Aktuelle recently published a so-called “interview” with Schumacher that was actually generated using artificial intelligence. The front cover…
Month: April 2023
Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says – Economics Bitcoin News
Fewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The founder of the world’s largest hedge fund also said that Western sanctions on Russia have highlighted new risks of keeping dollar assets. ‘Dollar Is Debt,’ Central Banks Are Less Inclined…
What’s next for EU’s crypto industry as European Parliament passes MiCA?
What is the potential impact of MiCA on the EU crypto and blockchain market, and what other regulations can be expected for this rapidly evolving industry? Source: https://cointelegraph.com/public/index.php/news/what-s-next-for-eu-s-crypto-industry-as-european-parliament-passes-mica
Bitcoin Mining Pools Will Have Less Power With This Upgrade
Are Bitcoin mining pools too powerful? Do they make Bitcoin too centralized? Stratum v2, an overhaul to Bitcoin mining, aims to make these questions moot. In the latest release of the open source version of the Stratum v2 (SV2) protocol, Stratum Reference Implementation (SRI), developers announced that they have completed “job negotiation,” an important feature for the wider Bitcoin industry because…
'BitBoy Crypto' intentionally misses court appearance to address alleged harassment
YouTuber and Crypto Twitter personality Ben Armstrong openly mocked a federal judge’s authority, tweeting pictures of himself on a beach during an ordered court appearance. Source: https://cointelegraph.com/news/bitboy-crypto-intentionally-misses-court-appearance-to-address-alleged-harassment
Solana Monkey Business IP Acquired by DAO of NFT Holders
Solana Monkey Business (SMB) is one of the most valuable and prominent Solana NFT collections, and the project has been steadily supported by MonkeDAO—an independent collective of SMB holders. And today, the DAO announced that following disputes with the creators and the collection’s most recent owner, it has officially acquired the IP to the project. MonkeDAO purchased the SMB IP…
Crypto exchange Roqqu receives South African approval to expand operations
Nigerian crypto exchange Roqqu has been granted regulatory approval to operate in South Africa, allowing users to purchase cryptocurrencies and withdraw funds with the country’s fiat currency, the South African Rand, according to local media reports. South Africa has been a top priority for Roqqu as the exchange seeks to expand its dominance in the African market. In a previous…
Former Ethereum miner CoreWeave raises $221M in Series B
On Apr. 20, specialized cloud provider CoreWeave announced that it had secured $221 million in a Series B funding round, putting the company on track to expand operations and increase capacity in various emerging technologies. The raise was led by Magnetar Capital with contributions from NVIDIA and rounded out by Nat Friedman and Daniel Gross. In November 2021, CoreWeave secured…
Dormant Bitcoin Wallet Linked to Mt Gox Saga Moves $60 Million for the First Time Since 2013 – Bitcoin News
According to onchain data, a bitcoin whale address transferred 2,071.5 bitcoin, worth approximately $60 million, after remaining dormant since December 19, 2013. Interestingly, this bitcoin address is linked to two wallets that sent 10,000 BTC last summer for the first time in nine years and are associated with the now-defunct exchange Mt Gox. 2,071 Bitcoin Spent on Wednesday Linked to…
Blockchains like Solana brag about TPS — but it’s misleading
The throughput of blockchains — namely, their ability to process X number of transactions per second (TPS) — is often touted in such a way as to downplay other considerations, such as decentralization and security. The blockchain trilemma, of course, acknowledges that succeeding in all three areas is challenging, though not impossible. There is no denying that throughput and scalability…