AI needs a killer app to prove it’s not a bubble — Goldman Sachs, MIT
Analysts were split over whether today’s AI investments would pay off in the next decade.
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Zcash Rolls Out New Software Client to Bolster Network Health
Nonprofit organization The Zcash Foundation has partnered with blockchain company Parity Technologies to release a new, open source software client for the cryptocurrency Zcash, according to a press release on June 17.The new software client, Zebra, purportedly exists to provide redundancy in the case of its first client — Zcashd — failing. Zcash hopes this…

OneCoin Founder’s Brother Agrees to Testify Against Sister in Settlement
The OneCoin case now seems to turn the sibling founders against each other. Konstantin Ignatov, the brother of OneCoin’s fugitive founder Ruja Ignatova and a major figure behind the $4 billion Ponzi scheme, agreed to testify against his sister as part of a settlement that saw Ignatov dismissed from civil litigation targeting the scam.Newly reported…

DeFi-Nitely A Bubble? Seller Blamed as COMP Crashes 45% on Coinbase
A frenetic day of trading on Coinbase Pro saw unusual activity from what seems to be an early investor in Compound, which briefly hit $427. 384 Total views 4 Total shares The rapid growth in the price of so-called decentralized finance (DeFi) tokens is raising fresh suspicions after one altcoin hit $427.In a curious sequence…

Bitcoin NFTs surpass Ronin in all-time sales
Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam.

At what Bitcoin price will Satoshi Nakamoto become the world’s richest person?
It is estimated that Satoshi Nakamoto, the creator of BTC, will become the world's richest person if the price of Bitcoin (BTC) hits approximately $182,000.As of March 2021, Amazon founder Jeff Bezos is the richest person on earth with a net worth of $181.6 billion.Elon Musk, the CEO of Tesla, is a close second at…

Bitcoin under threat, El Salvador rejected, Mark Cuban stung, McAfee ‘has nothing’: Hodler’s Digest, June 13–19
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekHawkish Fed comments push Bitcoin price and stocks lower againThe crypto markets…

Japan-based messaging app will offer trial run of native token starting in March
LINE Pay said it was considering adding other cryptocurrencies including Bitcoin and Ether to its payments options in the future 508 Total views 5 Total shares Users of Japanese messaging giant LINE will soon be able to use the app’s native token for payments at select online merchants in a limited trial.In a Tuesday announcement,…

5 reasons Bitcoin and Ethereum plummeted 15% in a single day
The price of Bitcoin (BTC) and Ether (ETH) fell by 15% and 20%, respectively, on April 23 as the cryptocurrency market became engulfed in a major correction. Five factors likely caused the price of Bitcoin and Ethereum to steeply drop in a single day include mass liquidation, an overheated futures market, the decline of Kimchi premium,…