Month: January 2025

Deepseek’s AI Revolution Sparks Chaos in Crypto and US and European Stock Markets
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Deepseek’s AI Revolution Sparks Chaos in Crypto and US and European Stock Markets

Crypto Superhero / January 27, 2025

Deepseek, a Chinese artificial intelligence (AI) startup founded in 2023 by Liang Wenfeng, has swiftly unsettled global markets with its groundbreaking and cost-effective AI models. Its rapid ascent has rippled across U.S. equities, notably affecting Nvidia shares, and has even introduced turbulence into the cryptocurrency sector. Deepseek’s Rise: The $5.58M AI Model That Left Silicon […] Source: https://news.bitcoin.com/deepseeks-ai-revolution-sparks-chaos-in-crypto-and-us-and-european-stock-markets/

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Judge sentences Forcount promoter to 30 months behind bars

Crypto Superhero / January 27, 2025

Antonia Perez Hernandez, one of five individuals indicted for their involvement in the Ponzi scheme Forcount, pleaded guilty to conspiracy to commit wire fraud in 2024. Source: https://cointelegraph.com/news/judge-forcount-scheme-promoter-sentenced?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Dormant 2012-2017 Bitcoin Wallets Move Millions, BTC Whales Quietly Hoard
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Dormant 2012-2017 Bitcoin Wallets Move Millions, BTC Whales Quietly Hoard

Crypto Superhero / January 27, 2025

Five days ago, a significant number of dormant bitcoins tied to early addresses were reactivated after years of inactivity. Notably, many of these wallets trace their origins to 2017, marking an intriguing revival of funds untouched for years. Meanwhile, market analytics firm Santiment reports that bitcoin wallets containing between 100 and 1,000 BTC have climbed […] Source: https://news.bitcoin.com/dormant-2012-2017-bitcoin-wallets-move-millions-btc-whales-quietly-hoard/

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Why China’s DeepSeek AI Is Blowing Everyone’s Minds—And Blowing Up the Market

Crypto Superhero / January 27, 2025

A Chinese artificial intelligence lab has done more than just build a cheaper AI model—it’s exposed the inefficiency of the entire industry’s approach. DeepSeek’s breakthrough showed how a small team, in an effort to save money, was able to rethink how AI models are built. While tech giants like OpenAI and Anthropic spend several billions of dollars on compute power…

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MYRIAD Launches on Abstract as Mainnet Goes Live

Crypto Superhero / January 27, 2025

MYRIAD, the decentralized prediction market launched by Decrypt’s parent company DASTAN, launched on Abstract today, as the layer-2 blockchain’s mainnet went live. Following the launch, MYRIAD is one of the main apps featured on Abstract’s portal for the Abstract Global Wallet (AGW), enabling users to quickly and seamlessly access the MYRIAD prediction market and quests. “We’re thrilled to have MYRIAD…

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