The United Arab Emirates (UAE) is gradually solidifying its status as a go-to Bitcoin mining destination in the Middle East. The region in the Middle East has established itself as a pro-Web3 destination for crypto-focused companies with 30 free trade zones in the country and by 2023, the region has slowly climbed up in the Bitcoin mining hashrate chart as…
Month: July 2023
Top 5 dog-themed cryptocurrencies by market cap
Barking with community-driven enthusiasm and bone-rattling potential, dog-themed coins are forming a pack on the stage of emerging digital assets. In recent years, the cryptocurrency world has witnessed a surge in the popularity of dog-themed digital assets. These endearing tokens, which drew inspiration from the popular Doge meme, have swept the cryptocurrency industry by storm, enthralling both investors and enthusiasts.…
OpenAI creates a new team to tackle ‘superintelligent’ AI systems
The team behind the popular artificial intelligence (AI) chatbot ChatGPT, says it will be forming a team to rein in and manage the risks of superintelligent AI systems. In an announcement on the OpenAI blog on July 5, the company says the new team will be created to “steer and control AI systems much smarter than us.” The non-profit said…
Bitcoin bull run incoming: Binance CEO Changpeng Zhao reveals when
Binance CEO Changpeng Zhao delivered his forecast for the next Bitcoin bull run during a Twitter Space on July 5. Source: https://cointelegraph.com/public/index.php/news/binance-ceo-cz-predicts-next-bitcoin-bull-run
A bill to exempt foreigners from crypto taxes passes preliminary reading in Israel
Foreign residents of Israel could get an exemption from capital gains taxes on the sale of digital currencies. A bill that would grant that and other tax benefits for digital assets holders passed through preliminary reading in the country’s parliament (Knesset) on June 5. The bill would also level up the crypto bonuses with stock options for employees by reducing…
Bitcoin bull run incoming: Binance CEO Changpeng Zhao reveals when
Binance CEO Changpeng Zhao delivered his forecast for the next Bitcoin bull run during a Twitter Space on July 5. Source: https://cointelegraph.com/app/public/index.php/news/binance-ceo-cz-predicts-next-bitcoin-bull-run
The Boldest Blockchain Hacks Ever
The distributed, decentralized ledgers known as blockchains have been hailed as impenetrably secure by many in the cryptocurrency community. How could a blockchain be hacked, the thinking goes, when the ledger of transactions for a cryptocurrency ecosystem is publicly available and shared across a network, and when transactions themselves are verified by members of the community? Unfortunately for cryptocurrency market…
Binance CEO Changpeng Zhao reveals when
Binance CEO Changpeng Zhao has delivered his prediction for the next Bitcoin (BTC) bull market. Speaking in a July 5, “ask me anything” session on Twitter, CZ explained how the price of Bitcoin has historically moved in four-year bull cycles. https://t.co/OENe6Ul4ag — Binance (@binance) July 5, 2023 While he admitted that he can’t see the future, Zhao emphasized the upcoming…
Binance, Coinbase and Gemini staff are among the least happy, data suggests
Crypto exchanges including Gemini, Binance and Coinbase are home to some of the least happy employees in the industry, according to data derived from Glassdoor — though some argue the results may be skewed. A quadrant chart by tech recruitment firm TrueUp — understood to have collated data from job review platform Glassdoor — mapped out how crypto firms stack…
Crypto’s Indiana Jones? Coinbase exec helps recover $322K worth of once-lost crypto
It’s not every day that one discovers they’ve suddenly become $322,000 richer — but for one lucky crypto investor, this is exactly what happened in the waning hours of July 5. In a recent Twitter thread, Conor Grogan, the head of product at Coinbase explained how he uncovered hundreds of thousands worth of dormant crypto and even managed to contact…