Crypto industry leveled in 2022 — BitMEX CEO
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Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
Editor's noteIt may be too late for resolutions and too early for Lent, but lacking any discrete occasion I would still like to give up U.S. political news for a while, or at least for the duration of one Law Decoded. Fortunately, in the spirit of going international and leaving the bonkers election cycle of the…
HIVE Blockchain to expand mining operations with new Intel ASIC chips
The Bitcoin mining company is expanding to Texas with new custom-built 'greener' mining devices that will be powered by Intel Bonanza Mine chips. 111 Total views 18 Total shares Publicly traded crypto mining company HIVE Blockchain Technology has signed a deal to buy ASIC chips from semiconductor manufacturer Intel that will be used in their…
Existential threat? Why some banks are anxious about CBDCs
In the current climate, which is pretty hostile for the digital assets industry following the failures of 2022, central bank digital currencies (CBDCs) are often perceived as “crypto killers.”This is hardly an overstatement, as financial authorities’ aspirations concerning CBDCs are relatively straightforward: return firmer control over the movement of money before it gets too decentralized.Governments…
Crypto and AI: Control the robots, incentivize the humans
Text generator ChatGPT is the fastest-growing consumer app ever, and it’s still growing rapidly. But the dirty secret of AI is that humans are still needed to create, label and structure training data — and training data is very expensive. The dark side of this is that an exponential feedback loop is being created where…
SuperRare launches timed auction formats for NFT artwork sales
The addition of auction formats should make buying and selling digital artwork easier, more fun and more profitable. 317 Total views 2 Total shares Digital art trading platform SuperRare has launched two different timed auction formats, to complement its existing fixed-price and open-offers sales.Early-access began on Dec. 7, with a number of special auctions featuring…
Bitcoin Ordinals ORDI token tops $1B market cap after 850% monthly gain
Following an outsized rally, ORDI became the first BRC-20 token to breach a $1 billion market capitalization. 268 Total views 1 Total shares The Bitcoin Ordinals-based ORDI token has become the first BRC-20 token to top a $1 billion market capitalization after staging triple-digit monthly and weekly percentage gains. ORDI notched a new all-time high of
NFTs by mail? US Postal Service plans to support postage tokens
The government agency reported $73.1 billion in revenue from postage and other services in the 2020 fiscal year. 3801 Total views 17 Total shares The United States Postal Service will soon be stepping into the nonfungible token market. Not to release artwork or music, but rather to help customers purchase postage.In an announcement on Tuesday,…
Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg
Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast. 713 Total views 19 Total shares Meta CEO Mark Zuckerberg is still hopeful about the company’s Metaverse plans regardless of the billions of dollars it’s sucking up from the company, claiming…