The teams behind the Floki protocol and Bitget crypto exchange have accused each other of market manipulation after the protocol’s token, TokenFi (TOKEN), was listed and delisted by Bitget. This is according to an October 31 social media post from the Floki team and a blog post from Bitget. The Floki team claimed that Bitget listed the token before it…
Month: October 2023
Bitcoin Could Hit $150,000 by 2025, Says Formerly Bearish Wall Street Firm
Bitcoin’s price could surge to $150,000 by 2025, according to a new prediction by investment research firm Bernstein. In a note to clients on Tuesday, Bernstein analyst Gautam Chhugani cited optimism around the potential approval of a Bitcoin exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC) in the next two years. According to a report from CNBC, Chhugani…
OpenAI Threatens AI Startups With Pending PDF Features in ChatGPT Plus
A number of AI-focused startups are facing the existential question posed by Steve Jobs: Are you a company, or just a feature? On Tuesday, OpenAI quietly rolled out an update to a limited number of paying subscribers to ChatGPT Plus that lets users upload PDFs, documents, and other file types to the chatbot and ask ChatGPT questions about them. Thanks…
Bitcoin white paper turns 15 as Satoshi Nakamoto’s legacy lives on
“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi wrote in an Oct. 31 email in 2008. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-btc-whitepaper-turns-15-satoshi-nakamoto
SBF says spending FTX customers’ money was part of ‘risk management’: Report
At the time of bankruptcy, FTX faced a shortfall of $8 billion owed to its customers. Source: https://cointelegraph.com/app/public/index.php/news/sbf-says-spending-ftx-customers-money-risk-management-report
Twitch Is ‘Safest’ Platform for Streamers Says Exec as Rival Kick Gains Steam
In an interview at TwitchCon Las Vegas, Twitch Senior Director of Community Marketing and Production Mary Kish told Decrypt that the biggest difference between the streaming platform and rising rival Kick is, simply, that Twitch is safer than its Stake-funded rival. This year, streamers like former Overwatch esports player Felix “xQc” Lengyel and FaZe Clan co-owner Nicholas “NickMercs” Kolcheff signed…
Twitch CEO Dan Clancy Is a ‘Wild Card,’ Says Marketing Director
Twitch CEO Dan Clancy Is a ‘Wild Card,’ Says Marketing Director Twitch Senior Director of Community Marketing Mary Kish speaks with Decrypt’s Kate Irwin about Twitch CEO Dan Clancy, Ninja, Twitch’s new simulcasting rules, the biggest differences between Twitch and rival platform Kick, and the role of esports on the streaming platform. Source: https://decrypt.co/videos/interviews/qCOCtPKe/twitch-ceo-dan-clancy-is-a-wild-card-says-marketing-director
Bitcoin futures data highlight investors’ bullish view, but there’s a catch
Bitcoin (BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount. For this reason, it’s challenging to present a bearish thesis for BTC as data reflects the post-FTX-Alameda Research collapse recovery period and is also influenced by the recent increase in interest rates by the U.S.…
Project mBridge reveals details of its workings ahead of MVP, commercial debut
The Bank for International Settlements (BIS) released a colorful and fact-filled Project mBridge update on Oct. 31. The publication combines technical and promotional discussions in a shift of tone as the project prepares to become a minimum viable project for commercial launch next year. The update gathers a significant amount of information about the central bank digital currency (CBDC) bridge…
Stellar Co-Founder’s Nonprofit Fires Up 24,000 GPUs for AI Development
Voltage Park, an AI-focused non-profit organization backed by cryptocurrency billionaire Jed McCaleb, has announced the launch of a cloud computing cluster comprising 24,000 GPUs. The initiative aims to serve the rapidly-growing machine learning (ML) compute market, which has been grappling with challenges ranging from rigid long-term contracts to exorbitant GPU rental rates. “Not enough people understand how much the compute…