Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via email. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-lightning-bring-global-payments-from-fax-era-former-paypal-president
Crypto derivatives platform Bitget has announced a new fund focusing on growing its ecosystem and investing in regional exchanges, analytics firms, media organizations and entities that can contribute to its growth. In an announcement sent to Cointelegraph, Bitget revealed the Bitget EmpowerX Fund, which will invest $100 million into maximizing the company’s “long-term impact” in the crypto space. According to…
Seemingly unfazed by a recent slew of court setbacks, United States Securities and Exchange Commission Chair Gary Gensler remains headstrong that his agency should be the one to reign over crypto — with plans to tell lawmakers the same on Sept. 12. In the last two months, the securities regulator lost out to both Grayscale and Ripple — seen as a…
Even as he pushes to get the world past “the fax era of global payments,” Bitcoin bull David Marcus said he doesn’t believe that BTC will ever become a popular or common payment method. “Our view is actually that Bitcoin is not the currency that people will use to buy things,” the entrepreneur said during an interview with CNBC’s Squawk…
Fresh on the heels of its Google Cloud Next conference in San Francisco, where a host of generative AI projects and tools was already unveiled, Google announced on Monday the launch of the Digital Futures Project, which aims to bring together diverse voices in AI development. Google also announced a $20 million fund to support the “responsible development of AI.”…
The energy demands of artificial intelligence also mean more water is needed to cool the servers that answer your prompts. And that thirst is only getting bigger. Like any computationally intense activity, AI systems like ChatGPT require significant processing and thus electrical power, using servers often housed in sprawling data centers that can consume substantial amounts of energy and water.…
The energy demands of artificial intelligence also mean more water is needed to cool the servers that answer your prompts. And that thirst is only getting bigger. Like any computationally intense activity, AI systems like ChatGPT require significant processing and thus electrical power, using servers often housed in sprawling data centers that can consume substantial amounts of energy and water.…
Institutions have fallen out of love with Ethereum in 2023, selling upwards of nine digits of the asset in the year to date. According to the latest analysis by CoinShares, the number two cryptocurrency saw $4.8 million in outflows this past week, reaching $108 million in sales this year. That places it as the most sold digital asset by large entities,…
As Securities and Exchange Commission (SEC) Chair Gary Gensler prepares to testify on Capitol Hill, written remarks submitted ahead of Tuesday’s hearing on SEC oversight suggest his tough views on crypto—however broadly condemned—haven’t wavered. “Given this industry’s wide-ranging non-compliance with the securities laws, it’s not surprising that we’ve seen many problems,” he wrote. “It’s reminiscent of what we had in…
A group of crypto and blockchain firms joined together to create a Texas crypto advocacy group, according to a Sept. 11 announcement. The group is called “Crypto Freedom Alliance of Texas,” and is founded by a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm. The group is promoting “the development of coherent and predictable regulations for digital assets…
