AI faces ‘Immense’ risks without blockchain: 0G Labs CEO

“Ethereum is like New York City: it is vast, expensive, and congested in certain areas. However, it also features the richest application ecosystem,” Grayscale wrote. 711 Total views 28 Total shares Digital asset manager Grayscale has published a report on smart contract platforms in which it likens the Ethereum (ETH) blockchain to the best and…

Throughout the past decade, a lot has been said about Bitcoin (BTC) and the future of cryptocurrencies. However, 2020 has so far been a defining year for the industry as current events bring to life what was predicted in the past. The world of cryptocurrency has historically been exclusive to Twitter battles and private chats on…

The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.

New York-based blockchain startup Flexa has raised $14.1 million to develop a payments network for retailers. The development was announced in a press release published on April 11.Per the release, Flexa has raised $14.1 million in funding from such participants as early stage token fund 1kx, investment firms Access Ventures and Nima Capital, and hedge…

Barbados-based fintech startup Bitt Inc. has signed a Memorandum of Understanding (MOU) with the Central Bank of Curaçao and Sint Maarten (CBCS) to research the possibility of issuing a digital guilder, according to an August 12 press release. The parties signed the MOU in order to develop a central bank digital currency to facilitate financial…

Chip-making giant Nvidia’s (NVDA) stock is flashing a major bearish signal — the last time this pattern appeared, it retraced nearly 50%. This may raise questions for the AI crypto sector, which has, at times, seemed to react to Nvidia’s price. “NVDA just formed a Death Cross for the first time since April 2022. The

The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems. 96 Total views 3 Total shares Alibaba announced that its proprietary large language model, an artificial intelligence system called Tongyi Qianwen, will be available for public and enterprise access throughout China starting Sept. 13. Tongyi Qianwen is a ChatGPT-like large language

Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, and futures traders are scrambling to adjust their positions.