The Bitcoin Defense Legal Fund’s chief legal officer spoke out against an “extraordinarily dangerous” lawsuit initiated by Craig Wright, a person who claims to be Bitcoin creator Satoshi Nakamoto.
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Crypto adoption is booming, but not in the US or Europe — Bitcoin Builders 2023
At the Bitcoin Builders Conference, Daniel Fogg from IOV Labs and Rootstock spoke with Cointelegraph about how emerging markets are shaping the future of the crypto space.
Coinbase launches zero trading fee subscription service
Coinbase’s new subscription service, “Coinbase One," is expected to roll out across 35 countries in the near future.
Bitcoin Miami panel rejects 'fight' rhetoric against regulators
Panelists at a discussion on “Fighting the Anti-crypto Army” sought to dismiss the idea that working with lawmakers to regulate crypto should be framed as a fight.
Bitcoin Miami panel rejects ‘fight’ rhetoric against regulators
Panelists at a discussion on “Fighting the Anti-Crypto Army” sought to dismiss the idea that working with lawmakers to regulate crypto should be framed as a fight.
Bitcoin, gold and the debt ceiling — Does something have to give?
Traders are still tiptoeing around markets as multiple risk events remain at the forefront, but BTC margin and futures markets are starting to favor a bullish breakout.
Bitcoin, gold and the debt ceiling — Does something have to give?
Bitcoin has been trying to break above the $27,500 resistance for the past week but to no avail. One of the reasons limiting Bitcoin’s (BTC) upside is the risk of an eventual United States default as the government struggles to get the debt limit increase approved in Congress.
Still, some analysts and investors argue that the U.S. debt ceiling standoff is merely a “show” because, ultimately, additional money will hit the markets.
Notice how MacroJack correlates Bitcoin’s digital scarcity to the next logical step: additional inflationary pressure. The stimulus measures, meaning increasing the government debt limit, might initially sound positive because they avoid default and favor more economic activity. However, the unintended consequences are future budget constraints as the debt interest payment increases.
Bitcoin price increases while gold breaks a 45-day low
Bitcoin’s gains above $27,000 happened while gold traded down 2.5% from May 15 to May 18, reaching its lowest level in 45 days at $1,970. Meanwhile, the U.S. Dollar Index, which measures the currency against a basket of foreign exchanges, reached its highest level in two months on May 18, meaning the U.S. currency gained strength relative to its global peers.
This data should not be interpreted as a vote of confidence in the government’s ability to avoid a shutdown, as the global economy would be negatively impacted in the event of a U.S. debt default. For instance, eurozone members hold $1.54 trillion in U.S. Treasurys, followed by Japan’s $1.1 trillion, China’s $860 billion and the United Kingdom’s $668 billion.
US House stablecoin hearing focuses on competing bills for regulation
The answer to the question of what level stablecoin issuers are regulated on “need not be binary,” one witness said.
US House stablecoin hearing focuses on competing bills for regulation
The answer to the question of what level stablecoin issuers are regulated on “need not be binary,” one witness said.
Blockchain developers launch $50M fund to increase Wormhole adoption
Wormhole is a cross-chain messaging protocol often used to transfer assets from one blockchain to another.
Former CFO indicted for diverting $35M to cryptocurrency venture
In the event of a conviction for wire fraud, Nevin Shetty could face up to 20 years in prison.
Hyperbitcoinization coming, says Bitcoin OG as 'wholecoiners' hit 1 million
1 million Bitcoin wallets now have a balance of 1 BTC or more, but the real magic is yet to come, says Adam Back.
Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million
Bitcoin (BTC) has crossed a significant threshold this month — and while it does not involve price, it does involve “millions.”
Data from on-chain analytics firm Glassnode confirms that as of May 18, there are over 1 million addresses that hold at least 1 BTC.
Back: Adoption trend lays path to “hyperbitcoinization”
It was a long time coming and received much attention on social media, and the time is finally here — there are 1 million entities that own a whole Bitcoin.
These “wholecoiners” have been steadily accruing since mid-2021, Glassnode shows, and the upward trend in 1-BTC wallets has seen almost no reversal since.
In 2022, however, the trend accelerated, having started the year with 814,000 wholesalers and finishing it with 978,000 — an increase of 20%.
How can legal chatbots enhance access to justice?
Legal chatbots can enhance access to justice by providing affordable and easy-to-access legal assistance to those who cannot afford traditional legal services.
Congressional crypto hearing illustrates political stalemate on digital assets
The hearing was filled with a heavy amount of criticizing the SEC, urging to take matters of regulation into Congress’ hands and empowering the CFTC.
Italy sets aside millions for workers at risk of AI replacement
Italian officials are setting aside $33 million to enhance the development of digital skills for workers at risk termination due to automation and AI.
‘Moral responsibility’: Can blockchain really improve trust in AI?
Most technological revolutions come with an unforeseen darker side.
When Austrian-born physicists Lise Meitner and Otto Frisch first split the atom in the late 1930s, they probably didn’t anticipate their discovery would lead a few years later to the atomic bomb. The artificial intelligence (AI) revolution is arguably no different.
AI algorithms have been around for decades. The first artificial neural network, the perceptron, was invented in 1958. But the recent pace of development has been breathtaking, and with voice recognition devices like Alexa and chatbots like ChatGPT, AI appears to have gained a new public awareness.
On the positive side, AI could dramatically raise the planet’s general education level and help to find cures for devastating diseases like Alzheimer’s. But it could also displace jobs and bolster authoritarian states that can use it to surveil their populations. Moreover, if machines ever achieve “general” intelligence, they might even be trained to overturn elections and prosecute wars, AI pioneer Geoffrey Hinton recently warned.
“Enormous potential and enormous danger” is how United States President Joe Biden recently described AI. This followed an open letter in March from more than 1,000 tech leaders, including Elon Musk and Steve Wozniak, calling for a moratorium on AI developments like ChatGPT. The technology, they said, presents “profound risks to society and humanity.”
‘Moral responsibility’: Can blockchain really improve trust in AI?
Most technological revolutions come with an unforeseen darker side.
When Austrian-born physicists Lise Meitner and Otto Frisch first split the atom in the late 1930s, they probably didn’t anticipate their discovery would lead a few years later to the atomic bomb. The artificial intelligence (AI) revolution is arguably no different.
AI algorithms have been around for decades. The first artificial neural network, the perceptron, was invented in 1958. But the recent pace of development has been breathtaking, and with voice recognition devices like Alexa and chatbots like ChatGPT, AI appears to have gained a new public awareness.
On the positive side, AI could dramatically raise the planet’s general education level and help to find cures for devastating diseases like Alzheimer’s. But it could also displace jobs and bolster authoritarian states that can use it to surveil their populations. Moreover, if machines ever achieve “general” intelligence, they might even be trained to overturn elections and prosecute wars, AI pioneer Geoffrey Hinton recently warned.
“Enormous potential and enormous danger” is how United States President Joe Biden recently described AI. This followed an open letter in March from more than 1,000 tech leaders, including Elon Musk and Steve Wozniak, calling for a moratorium on AI developments like ChatGPT. The technology, they said, presents “profound risks to society and humanity.”
‘Moral responsibility’: Can blockchain really improve trust in AI?
Most technological revolutions come with an unforeseen darker side.
When Austrian-born physicists Lise Meitner and Otto Frisch first split the atom in the late 1930s, they probably didn’t anticipate their discovery would lead a few years later to the atomic bomb. The artificial intelligence (AI) revolution is arguably no different.
AI algorithms have been around for decades. The first artificial neural network, the perceptron, was invented in 1958. But the recent pace of development has been breathtaking, and with voice recognition devices like Alexa and chatbots like ChatGPT, AI appears to have gained a new public awareness.
On the positive side, AI could dramatically raise the planet’s general education level and help to find cures for devastating diseases like Alzheimer’s. But it could also displace jobs and bolster authoritarian states that can use it to surveil their populations. Moreover, if machines ever achieve “general” intelligence, they might even be trained to overturn elections and prosecute wars, AI pioneer Geoffrey Hinton recently warned.
“Enormous potential and enormous danger” is how United States President Joe Biden recently described AI. This followed an open letter in March from more than 1,000 tech leaders, including Elon Musk and Steve Wozniak, calling for a moratorium on AI developments like ChatGPT. The technology, they said, presents “profound risks to society and humanity.”
‘Moral responsibility’: Can blockchain really improve trust in AI?
Experts are still divided on the real impact blockchain tech can have on solving some fo the problems that ail AI.