ZK systems will have their ChatGPT moment — Telos Foundation
Cointelegraph asked professionals working with zero-knowledge technology to get their insights on the current state of ZK.
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US House Democratic coalition creates AI working group
Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology. 95 Total views 23 Total shares Democrats from the United States House of Representatives have formed a working group on artificial intelligence aimed at introducing new legislation around the nascent tech sector. The 97-member…

Multimillion-dollar investment rounds spark rallies in Avalanche and Audius
Altcoins continue to book notable gains on Sept. 16 as a slew of celebrity endorsements, major investments and the growing popularity of cross-chain bridges catch investors' attention.Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets ProData from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours…

DeFi security project ‘Lossless’ helps recover $16.7M from Cream Finance hack
Lossless also plans to ship a security tool that will reportedly aid DeFi projects in preventing hacks and exploits on their platforms. 309 Total views 7 Total shares Lossless, adecentralized finance, or DeFi, security outfit has assisted in the recovery of 5,152.6 Ether (ETH) siphoned during the Cream Finance exploit that occurred in August.Tweeting on…

VanEck files for AVAX ETF
The proposed VanEck Avalanche ETF aims to mirror the price performance of AVAX. Global investment manager VanEck has filed for an Avalanche (AVAX) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) seeking to offer investors direct exposure to the smart contract platform. A snippet of the S-1 filing was shared on social

Bitcoin supply on exchanges is falling ‘due to public company purchases’ — Fidelity
Bitcoin reserves on cryptocurrency exchanges have dropped to their lowest level in more than six years, as publicly traded companies ramp up their accumulation of the digital asset following the US presidential election, according to Fidelity Digital Assets. “We have seen Bitcoin supply on exchanges dropping due to public company purchases — something we anticipate

India to introduce 30% crypto tax, digital rupee CBDC by 2022-23
Finance minister Nirmala Sitharaman believes the introduction of a CBDC will provide a “big boost” to India's digital economy. 443 Total views 43 Total shares In a speech discussing the budget for 2022, Indian finance minister Nirmala Sitharaman announced the launch of a central bank digital currency (CBDC) by 2022-23 as means to boost the…

Faster than the speed of news: What a 41 minute head start means to crypto traders
When exchange listing news hits the crypto market, there’s often a spike in trading volume and a rapid (if often short-lived) appreciation in the price of the crypto asset. The degree of movement depends on the exchange making the announcement, the liquidity of the token and many other factors — but as has been identified…

Marathon’s Bitcoin mining rate fell 9% in August
The company still mined five times more Bitcoin than in August 2022, producing 1,072 last month, and said unfavorable weather conditions caused the decrease from July. 447 Total views 9 Total shares United States-based crypto mining operator Marathon Digital Holdings produced 1,072 Bitcoin (BTC) in August — 9% less than in July but five times