• The bitcoin mining industry has seen a resurgence in activity due to a rally in bitcoin’s price. • Lower energy costs have also helped miners get back on their feet. • Publicly traded bitcoin mining firms have outpaced bitcoin this year, with some stocks up as much as 693%. Bitcoin Miners Rebound from Crypto Winter The bitcoin mining industry is slowly recovering from the brutal crypto winter of 2020-2021. After seeing several bankruptcies and fire sales, the recent surge in bitcoin’s price has provided some relief for miners. Additionally, lower energy costs over the… Read Article →
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• The article explains how the use of artificial intelligence (AI) has evolved over time and how it is being used today. • It also discusses the potential applications of AI in the future, such as autonomous vehicles, medical diagnosis and more. • Finally, it outlines some potential ethical issues with the use of AI and suggests ways to address them. Introduction This article looks at the evolution of Artificial Intelligence (AI) from its early days to present day applications. It examines the potential applications for AI in the future, as well as discussing some… Read Article →
• Crypto markets saw $200 million in losses due to short trades as Bitcoin and Ether surged. • Bitcoin futures had the most liquidation losses at over $85 million, while Binance recorded the most losses among exchanges at $68 million. • Tokens of layer 1 blockchains such as Solana (SOL) and Polygon’s MATIC added 10%, while Artificial Intelligence tokens such as Fetch (FET) and AGIX rose over 12%. Crypto Markets See Over $200 Million in Losses Crypto markets saw a dramatic surge in prices this past 24 hours, with market capitalization reaching its highest level… Read Article →
• BitMEX Research has identified over 13,000 Ordinals NFTs on the Bitcoin blockchain. • These transactions have consumed 526MB of block space and cost creators 6.77BTC. • The popularity of Ordinals has drawn criticism from prominent Bitcoiners for spamming the blockchain with oversized JPEGs. Explosion in Popularity of Bitcoin NFTs Interest in non-fungible tokens (NFTs) on the Bitcoin blockchain has skyrocketed since their debut on Dec 14th, according to research from crypto derivatives firm BitMEX. Ordinals Transactions BitMEX’s research arm published a blog post showing that 13,000 Ordinals have been minted or “inscribed” between their… Read Article →
• ImmutableX is launching an all-in-one passport system to onboard new gamers into Web3. • The Immutable Passport will act as a non-custodial wallet, gamer profile and authentication solution. • The launch is scheduled for April 2023 and will include features such as a secure digital wallet, fraud protection and seamless authentication. ImmutableX is on the brink of launching an all-in-one passport system, the Immutable Passport, to onboard new gamers into Web3. This revolutionary new tool will act as a non-custodial wallet, gamer profile and authentication solution for Web3 gamers, providing them with a suite… Read Article →
• Sophie Brochu, the CEO of Hydro-Quebec, is officially stepping down in April after three years in the role. • Hydro-Québec proposed suspending new power supply to the blockchain industry last year. • The Board of Hydro-Québec will recommend a successor to the Québec Cabinet, but the name has not been released yet. Sophie Brochu, the CEO of Hydro-Quebec – the utility company of the province of Quebec – is departing the firm on April 11, according to a Jan. 10 statement. Ms. Brochu has been with the firm for three years and was appointed… Read Article →
• Binance announced that it will allow institutional investors to post collateral from cold wallets with Binance Custody. • The crypto exchange said that this will enable investors to keep their collateral off the platform and in cold storage. • Once trades are settled, the assets would then become accessible to the user again. Binance, the leading cryptocurrency exchange, announced on Monday that it will enable institutional investors to post collateral from cold wallets with Binance Custody. This will enable investors to keep their collateral off the platform and in cold storage, which can provide… Read Article →
• North Korea’s Lazarus Group is likely behind a $100 million hack on the Harmony Network. • Over the weekend, the group moved $63.5 million (~41,000 ETH) from the hack. • Crypto exchange Huobi blocked funds tied to the hack on Monday morning. North Korea’s Lazarus Group is the likely perpetrator behind a $100 million hack on the Harmony Network, and over the weekend, the group moved $63.5 million (~41,000 ETH) from the hack. On Monday morning, crypto exchange Huobi blocked funds tied to the attack. The news was reported by pseudonymous blockchain sleuth ZachXBT,… Read Article →