Robin Linus has unveiled a new whitepaper for BitVM2 and BitVM Bridge, two new developments that offer significant improvements to the original version of BitVM. Source: https://cointelegraph.com/news/bitcoin-sidechain-creators-tout-new-permissionless-version-bitvm2?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
ZachXBT claims 21 North Korea crypto devs are making $500K a month
Onchain sleuth ZachXBT claims to have found a network of North Korean developers who have been working on dozens of crypto projects. Source: https://cointelegraph.com/news/zachxbt-claims-21-north-korea-crypto-devs-making-500k-month?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Deepfake AI ‘Undress’ Porn Sites Sued in California Court
The city of San Francisco has filed a sweeping lawsuit against 18 websites and apps that generate unauthorized, deepfake nudes of unsuspecting victims on Thursday. The complaint—published with the plaintiffs’ service names redacted—targets the “proliferation of websites and apps that offer to ‘undress’ or ‘nudify’ women and girls.” It asserts that collectively, the sites have been visited over 200 million…
IMF execs float raising crypto mining electricity prices by 85%
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives. Source: https://cointelegraph.com/news/imf-crypto-miner-ai-electricity-tax-carbon-emissions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis
Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial disruptions. A bounty program has been launched to encourage citizens to report illegal mining operations. Iran […] Source: https://news.bitcoin.com/iran-escalates-crackdown-on-illegal-crypto-mining-amid-severe-power-crisis/
Can Grok-2 Beat ChatGPT and Claude in Writing and Coding?
In brief Although Grok’s image-generating capabilities stole the show, its prowess with text is also impressive. It was largely a head-to-head between Grok and Claude, which topped ChatGPT in our prior tests. While it didn’t beat its rivals in every task, Grok provides a lot of value for a better price. Just a few days after OpenAI announced its latest…
Senate Majority Leader: Bipartisan Crypto Legislation Could Pass in 2024
Senate Majority Leader Chuck Schumer is optimistic about passing bipartisan crypto legislation by year’s end, stressing the importance of collaboration to keep the U.S. at the forefront of innovation. At the “Crypto4Harris” event supporting Vice President Kamala Harris’ campaign, Schumer emphasized the inevitability of cryptocurrency and the need for well-crafted legislation. Schumer Optimistic About Bipartisan […] Source: https://news.bitcoin.com/senate-majority-leader-bipartisan-crypto-legislation-could-pass-in-2024/
Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings
Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrock’s Ishares Bitcoin Trust (IBIT). In contrast, Morgan Stanley reduced its bitcoin ETF holdings. Meanwhile, hedge funds are taking a more aggressive stance in the […] Source: https://news.bitcoin.com/goldman-sachs-discloses-418-million-bitcoin-etf-holdings/
Low users, sex predators kill Korean metaverses, 3AC sues Terra: Asia Express
Low user numbers and sex predator scandals are killing South Korean metaverses, 3AC sues Terra, Malaysian crypto kidnappings. Asia Express. Source: https://cointelegraph.com/magazine/metaverse-korea-3ac-terra-crypto-xrp-asia-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin stagnates as bearish headwinds continue to blow
Bitcoin price falls as demand for leveraged long BTC futures and stablecoins drops. Source: https://cointelegraph.com/news/bitcoin-stagnates-as-bearish-headwinds-continue-to-blow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound