[PRESS RELEASE – Amsterdam, Netherlands, June 18th, 2024] Nosana, an open-source cloud computing marketplace dedicated to AI inference, today announced a new partnership with AlphaNeural, a company building a groundbreaking decentralized marketplace for AI models and datasets. This partnership aims to create a more inclusive and collaborative AI ecosystem by combining AlphaNeural’s innovative platform with…
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners has declined as the hashprice, the revenue from 1 petahash…
TL;DR Shiba Inu’s burn rate surged over 12,000% in the past 24 hours, but the SHIB price is down 10% daily. The layer-2 scaling solution Shibarium saw a sharp increase in activity, indicating growing interest and community support. The Latest Spike Shiba Inu’s burn rate soared by over 12,000% in the past 24 hours. The…
TLDR The EU Commission has revised its Chat Control law proposal, now seeking to mandate “upload moderation” for encrypted messaging apps to detect CSAM before messages are transmitted. Signal President Meredith Whittaker argues that “upload moderation” is simply a rebranding of client-side scanning, which fundamentally undermines end-to-end encryption (E2EE) by creating vulnerabilities that can be…
TLDR UNESCO warns that AI could be misused to spread false and misleading claims about the Holocaust, potentially leading to an increase in antisemitism and a diminished understanding of the atrocities. The report raises concerns about the creation of deepfakes and AI-generated content that could falsely suggest the Holocaust didn’t happen or was exaggerated. Examples…
Coinbase International has announced its support for pre-launch markets, a platform that allows traders to trade perpetual futures contracts for tokens that are yet to launch. This feature offers traders the opportunity to participate in price discovery of upcoming projects within a secure environment. Pre-launch markets also carry unique considerations and elevated risks, including lower…
TL;DR Meme coins faced substantial losses in the past 24 hours resonating with a decline of the entire cryptocurrency market. MOTHER and DADDY, endorsed by Iggy Azalea and Andrew Tate respectively, were among the poorest performers. Flashing Red The cryptocurrency market retraced substantially in the past 24 hours, with Bitcoin (BTC) plunging well below $65,000…
After a quiet weekend, bitcoin’s price headed south violently in the past 12 hours or so and dumped to a monthly low of $64,000 amid the growing outflows from the spot ETFs. Over $100 billion evaporated from the crypto markets at one point, as most alts dumped hard as well. BTC Goes Low Bitcoin tried…
The debut of U.S. spot Bitcoin exchange-traded funds (ETFs) has been a success, with numerous major financial institutions exploring the investment. However, registered investment advisors (RIAs) are still cautious about the new product, said Samara Cohen, BlackRock’s chief investment officer of ETF and index investments, at Coinbase’s State of Crypto Summit this week. Institutional investors…
[PRESS RELEASE – Hong Kong, China, June 18th, 2024] AnchorX, a Hong-Kong-Based fintech company and stablecoin expert, is proud to announce the signing of two Memorandums of Understanding (MOUs) in Kazakhstan. This comes during its recent participation in the Mainland-Hong Kong Joint Business Mission from May 16-25, 2024 visiting Hungary, Kazakhstan, and Xinjiang to explore partnership…