Blockchain projects should learn from Google and Facebook by monetizing users without directly asking for their money. Source: https://cointelegraph.com/public/index.php/news/pay-blockchains-will-never-achieve-mass-adoption
Month: September 2023
MicroStrategy Buys Another $147 Million Worth of Bitcoin
MicroStrategy, the world’s largest corporate holder of Bitcoin, announced its latest acquisition of the market’s largest cryptocurrency. Per an SEC filing submitted on Monday, between August 1 and September 24, the firm and its subsidiaries purchased approximately 5,445 Bitcoin for about $147.3 million in cash. The average price per coin, inclusive of fees and expenses, was approximately $27,053. With this…
Amazon invests $4 billion Anthropic AI startup
Amazon and artificial intelligence (AI) startup Anthropic have announced a new investment agreement to aid the research and development of new high-performing foundation models. In a post on X, formerly Twitter, Anthropic revealed that Amazon has invested $4 billion in its work, while receiving access to Amazon cloud services (AWS) Trainium and Inferentia chips. It said it will be offering…
Digital Yuan app adds prepaid Mastercard VISA top-ups for tourists
Tourists planning on visiting the People’s Republic of China can now pre-charge Digital Yuan wallets using VISA and Mastercard payment options as the nation continues to update the mobile app powering its CBDC pilot. The e-CNY app, which is still in its pilot version, is available to iOS and China-based Google Play Store users. The application serves individual users, allowing…
European Investors More Bullish on Crypto Than American, Says CoinShares Report
A new CoinShares report suggests that there is a “divergence in sentiment from a regional perspective” when investing in cryptocurrencies. This divergence is especially clear when comparing investors based in Europe with those in the United States, likely due to the stark regulatory differences between each region, reads the report. While Europe has seen a weekly investment into various crypto…
Can one resignation tip the crypto trust scales?
On Sept. 13, news broke of yet another high-level executive parting ways with Binance.US. This time, it was none other than Brian Shroder, the CEO and president of the exchange, who, after two years in the hot seat, was heading for a “deserved break,” as Binance CEO Changpeng “CZ” Zhao was quick to announce on X (formerly Twitter) that same…
MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC
MicroStrategy, a business intelligence firm and major Bitcoin (BTC) investor, is sending a bullish signal to the market by announcing the acquisition of another big stash of cryptocurrency. Michael Saylor, co-founder and executive chairman at MicroStrategy, took to X (formerly Twitter) on Sept. 25 to announce a 5,445 BTC purchase by the firm. The latest Bitcoin stash was bought at…
China to build giant AI chip factory to bypass US sanctions: Report
China seeks to build artificial intelligence (AI) chip factories for creating particle accelerators to help bypass sanctions affecting the local industry, according to a report from the South China Morning Post (SCMP). The usage of particle accelerators will help create new ways to produce a novel laser source. It is reported that the electron beam of the accelerator will be…
How To Stake AVAX on Avalanche Using Core
Staking—the process by which holders of proof-of-stake digital tokens lock up the value of a portion of their tokens to contribute to the management of the blockchain and are rewarded with staking rewards—is an increasingly popular way to put your crypto to work. Avalanche is a fast, flexible, secure platform for developing blockchains and decentralized apps (dapps). It offers powerful…
Vitalik wallet sends 400 ETH worth $600K to Coinbase
A wallet associated with Ethereum co-founder Vitalik Buterin was flagged sending 400 ETH, worth around $600,000, to Coinbase. Source: https://cointelegraph.com/public/index.php/news/vitalik-wallet-sends-400-eth-worth-600k-to-coinbase