Nvidia continues to push forward in the race to develop artificial intelligence (AI) tools and applications, as the company revealed plans to release more AI products. Speaking at the Computex show in Taiwan on May 28, the CEO of Nvidia Jensen Huang unveiled a new AI supercomputer platform called DGX GH200. The supercomputer’s primary purpose is to aid tech companies in developing…
Month: May 2023
Ledger CEO says crypto key recovery service makes self-custody easier
Hardware crypto wallet firm Ledger has faced harsh criticism from the crypto community after announcing its “Recover” service, which is an optional paid feature that will eventually allow users to back up and restore their private seed phrase. Due to concerns expressed about the security elements of Ledger Recover, the hardware wallet manufacturer decided to postpone the launch of its…
Milady (LADYS) Coin and NFT: Memecoin and the Collection
beginner Milady (LADYS) experienced a significant surge of over 5,000% in just 24 hours after Elon Musk tweeted about it on May 11, 2023. This rally was not exclusive to Milady, as the Milady Maker NFT collection that inspired it also saw an increase in floor price from 3.75 to 5.25 ETH in the secondary markets. If you find yourself…
Bybit gets pre-approval in Kazakhstan as crypto custody service provider
The cryptocurrency exchange received “in-principle” approval to operate in Kazakhstan at the Astana International Financial Centre. Source: https://cointelegraph.com/app/public/index.php/news/bybit-crypto-exchange-in-principal-approval-in-kazakhstan
Does Metamask report to IRS?
beginner In the swiftly evolving world of cryptocurrency, staying on top of your tax obligations can feel like an impossible task. From my personal experience, understanding the tax implications of crypto transactions is not only crucial but can be quite complicated, given the volatile nature of this space. That’s why, in this article, I want to overview the basics of…
Mining difficulty passes 50 trillion — 5 things to know in Bitcoin this week
Bitcoin fundamentals are blasting ahead as May comes to an end, while traders remain torn over BTC price strength. Source: https://cointelegraph.com/public/index.php/news/mining-difficulty-passes-50-trillion-5-things-bitcoin-this-week
7 must-read books for aspiring tech entrepreneurs
If you’re an aspiring tech entrepreneur looking for insights and inspiration to enhance your knowledge and skills, here are seven must-read books to consider: The Lean Startup by Eric Ries The acclaimed book The Lean Startup by Eric Ries has become a standard for budding tech entrepreneurs. Ries proposes the lean startup methodology, which emphasizes the value of experimentation, iterative…
US Debt Ceiling Deal Blocks 30% Bitcoin Mining Tax: Congressman
As the details of the agreement reached between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling were made public Sunday, one notable part of the deal appears to have blocked some taxes proposed by the Biden administration, including the Digital Asset Mining Energy (DAME) excise tax. If passed, it would impose a 30% tax on cryptocurrency…
Bybit gets pre-approval in Kazakhstan as crypto custody service provider
The cryptocurrency exchange received “in-principle” approval to operate in Kazakhstan at the Astana International Financial Centre. Source: https://cointelegraph.com/public/index.php/news/bybit-crypto-exchange-in-principal-approval-in-kazakhstan
Tourists are unhappy with crypto payments ban in Bali
The government of Bali, Indonesia, recently cracked down on crypto payments for goods and services and reminded tourists that the Indonesian Rupiah is the only legal tender. Some tourists were dissatisfied with the decision, saying that they will not visit again. On May 28, the Indonesian government affirmed that tourists who will use crypto for payments “will be dealt with…