Biden’s Homeland Security team taps tech elite for AI defense board
The board includes the CEOs of Adobe, Alphabet, Anthropic, AMD, AWS, IBM, Microsoft and Nvidia, as well as other business, civil rights and academic leaders.
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China’s DeepSeek launches new open-source AI after R1 took on OpenAI
Chinese artificial intelligence development company DeepSeek has released a new open-weight large language model (LLM). DeepSeek uploaded its newest model, Prover V2, to the hosting service Hugging Face on April 30. The latest model, released under the permissive open-source MIT license, aims to tackle math proof verification. DeepSeek-Prover-V2 HuggingFace repository. Source: HuggingFace Prover V2 has

Global Chip Supplier Expects Low Demand for Crypto Mining, Offsetting Q4 Revenue Growth
Major global chip manufacturing firm Taiwan Semiconductor Manufacturing (TSMC) predicts revenue growth in Q4, but expects a counterbalance due to the low demand for crypto mining hardware, Reuters reports Thursday, Oct. 18.TSMC, the world’s largest independent semiconductor foundry, forecasts “modest” revenue growth in the fourth quarter, mainly due to solid sales of high-end chips for…

Crypto insurance market expands with decentralized and centralized options
Insurance is key for financially securing important assets. Yet, the cryptocurrency sector — which is predicted to reach a global market size of $4.94 billion by 2030 — may be lagging behind when it comes to insuring digital assets. For instance, it’s been noted that less than 1% of all crypto investments are currently insured. This…

Report: Coinbase Negotiation Could Value Crypto Exchange at $8 Billion
San Francisco-based cryptocurrency exchange and wallet service Coinbase is finishing negotiations that would value the company at $8 billion, technology news site Recode reports Oct. 2.Citing anonymous sources familiar with the matter, Recode states that Coinbase is in talks with Tiger Global and its shareholders regarding a possible $500 million investment. The sources reportedly said…

Dolce & Gabbana face class action lawsuit after NFT delivery kerfuffle
The suit alleges that delays in delivery caused purchased NFTs to lose 97% of their value.

Sign Into Websites Using Your Crypto Wallet Instead of a Password
What better way to celebrate World Password Day (May 7) than with a new solution from the cryptoworld to get around insecure passwords and phishing attacks? The lnurl-auth protocol allows users to sign into various accounts by receiving a QR code with a special message. This allows them to use a public key associated with their…

Bitcoin price descending channel and loss of momentum could turn $60K to resistance
Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question whether or not the bullish moment has faded. Even with the price facing these hurdles, it’s still premature to call the $58,000 support level test the beginning of a…

Coinsquare acquires publicly-traded crypto exchange CoinSmart
CoinSmart reported $16.7 million in gross revenue in 2021 as retail trading volumes soared during the Bitcoin bull market. 361 Total views 10 Total shares Canada’s crypto exchange landscape appears to be consolidating after Coinsquare, one of the largest digital asset trading platforms in the country, acquired CoinSmart for an undisclosed amount. On Thursday, Coinsquare announced…