ZkSync defends Sybil measures as Binance offers own ZK token airdrop
ZK Nation said its Sybil filtering approach was to ensure as many users as possible would get an allocation, but that would inevitably let through some Sybils.
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Fish food? Data shows retail investors are buying Bitcoin, whales are selling
Bitcoin (BTC) staged an impressive recovery after dropping to its three-month low of $42,333 on Dec. 4, rising to as high as $51,000 since. The BTC price retracement primarily surfaced due to increased buying activity among addresses that hold less than 1 BTC. In contrast, the Bitcoin wallets with balances between 1,000 BTC and 10,000 BTC…

Bitcoin could flippen PayPal on bullish news from… PayPal
Bigger than Disney. Bigger than Netflix. And soon, Bitcoin could be bigger than the company that's driving its bullish momentum. 1178 Total views 8 Total shares Bitcoin (BTC) has risen dramatically in market cap over the years, recently taking its place among the top 25 largest companies and assets by market cap. At press time, Bitcoin…

Bitcoin bulls give ‘conservative’ 10 year estimate for hyperbitcoinization to hit
A decade to hyperbitcoinization is "most likely," says Kraken executive Dan Held, a forecast echoed by Unchained Capital's Parker Lewis. Bitcoin (BTC) may be just ten years away from seeing mass adoption in an event known as "hyperbitcoinization."That's according to participants of the Bitcoin 2021 Conference in Miami, who on June 4 delivered surprisingly optimistic…

Law Decoded: When central banks seek public discussion, Jan. 17–24
As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare. 284 Total views 9 Total shares Last week, two central banks dropped public reports that can have a sizable impact on the crypto landscape in their respective countries and beyond. The U.S. Federal Reserve published…

Federal judge bars SBF from contacting FTX and Alameda employees, using Signal
Sam Bankman-Fried could also be barred from accessing FTX and Alameda funds as part of his bail conditions, with a judge scheduled to discuss the matter in a Feb. 7 hearing. Own this piece of history Collect this article as an NFTA federal judge presiding over the criminal case against former FTX chief executive officer…

OpenAI gets lukewarm response to customized AI offering
The company said the fine-tuning facility and the training data used for fine-tuning are scrutinized via a moderation API and the GPT-4 powered moderation system. 150 Total views 2 Total shares OpenAI has introduced the option of fine-tuning for GPT-3.5 Turbo, enabling artificial intelligence (AI) developers to enhance performance on specific tasks using dedicated data. However,…

ETC Group launches crypto ETP based on PoW Ethereum hard fork
ETC Group will continue to rely on Ethereum’s original PoW consensus for its current Ethereum ETP, the firm announced on Wednesday. 833 Total views 9 Total shares Digital asset-backed securities provider ETC Group will continue to rely on Ethereum’s original proof-of-work (PoW) consensus for its current Ethereum exchange-traded product (ETP).ETC Group officially announced on Wednesday…

Allianz Global Investors CEO Says Crypto Assets Should Be ‘Outlawed’
The CEO of Allianz Global Investors (GI), an investment management firm with €524 billion ($595 billion) in assets under management, has called for crypto assets to be “outlawed,” Reuters reported Dec. 11.Allianz GI CEO Andreas Utermann is said to have made his remarks during a panel in London on Tuesday, seated alongside the head of…