Vitalik explores potential of ‘info finance’ as ETH tops $3K

November 9, 2024 Coin Telegraph

Vitalik explores potential of ‘info finance’ as ETH tops K

Ethereum’s Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights.

Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors.

In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively.

According to Buterin, “Info finance is a discipline where you (i) start from a fact that you want to know, and then (ii) deliberately design a market to optimally elicit that information from market participants.”

<div>Bitcoin 'diamond hand' sell-off risks outpacing ETF inflows at K</div>

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Hut 8 tips 66% hashrate boost after deal to buy 31K Bitcoin miners

November 7, 2024 Coin Telegraph

Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain.

Bitcoin miner Hut 8 forecasts its self-mining hash rate will increase by 66% around the first quarter of 2025 after agreeing to buy 31,145 Bitmain Antminers S21+ machines.

Hut 8 agreed to pay $15 per terahash for the miners, scheduled for delivery in early Q1 2025, the firm revealed in a Nov. 6 statement.

Hut 8 expects its self-mining hashrate to increase from 5.6 exahashes per second to around 9.3 exhashes per second (EH/s) once the machines are installed — marking a 66% increase.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

The future of money and backbone of globalization 2.0 is the cost of consensus

November 6, 2024 Coin Telegraph

The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization.

Opinion by Ben Lilly, managing partner and head of research at Jlabs Digital

When it comes to Ether, or even Bitcoin, for that matter, what is the most basic reason to hold it? Before reading on, take a moment to consider the reasons beyond the more routine motivations related to hedging and speculation.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Google Fuels Nigeria’s AI Ambitions With Million Dollar Grant

November 1, 2024 Bitcoin.com

The Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE) in Nigeria has announced a $1.7 million (NGN2.8 billion) Google grant to promote artificial intelligence (AI) talent development. This will support the Ministry’s AI initiatives and align with Google.org’s $5.8 million commitment to digital skills programs across Sub-Saharan Africa. The grant will aid Data Science […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Binance partners with Amazon Web Services to enhance user experience

October 31, 2024 Coin Telegraph

Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers.

On Oct. 31, Binance revealed a partnership with Amazon Web Services (AWS) to leverage Amazon’s generative artificial intelligence to streamline the Know Your Customer (KYC) verification process and handle service requests on the Binance platform.

According to the announcement, the new KYC system auto-fills user information, performs proof-of-address checks, and makes screening against World-Check reviews more efficient.

Binance claims the new AI integration increased recognition rates for user data to 95%, reduced the costs for optical character recognition by 80%, increased proof-of-address approval rates across 107 jurisdictions by 6%, and decreased the time spent to screen against the World-Check KYC database by 30%.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Alphabet jumps 6% on Q3 earnings as CEO says AI bet is ‘paying off’

October 30, 2024 Coin Telegraph

Alphabet and Google CEO Sundar Pichai said its AI business is “paying off” as the tech giant’s share price surged after the bell as it beat Wall Street estimates.

Google’s parent company Alphabet Inc. (GOOG) saw its share price jump 5.9% after-hours as its third-quarter results beat Wall Street earnings and revenue estimates — boosted by its artificial intelligence business.

GOOG closed up 1.66% on Oct. 29 at $171.14, continuing to climb after the bell to $181.22, according to Yahoo Finance. Its share price is up 21.73% year-to-date.

The tech giant’s Q3 revenues hit $88.27 billion, rising 15% from the same quarter a year ago and beating Wall Street estimates by 2.2%.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Crypto needs to increase defenses against 654% spike in deepfake scams

October 29, 2024 Coin Telegraph

Deepfake scams are everywhere, and detecting them with the naked eye is fast becoming impossible. Awareness and education need to be improved.

Opinion by Ilya Brovin, chief growth officer at Sumsub. Ilya is an expert in crypto operations and regulations worldwide and has over 20 years of experience in finance and private quality. He holds a degree in economics and finance and an MBA from Harvard Business School.

Between 2016’s Bitfinex hack, 2018’s Coincheck hack and other controversial incidents in recent years, the crypto industry has faced significant reputational challenges.

In 2024, a new threat emerged: crypto scams featuring celebrity “deepfakes” — highly convincing images of people appearing genuine but who are not. These scams use realistic deepfake images and videos of famous personalities to deceive crypto enthusiasts, leveraging this technology to exploit the unsuspecting, perpetrate fraud and confuse less tech-savvy individuals.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Coinbase Launches New Tool for Creating On-Chain Artificial Intelligent Agents on Base

October 28, 2024 The Daily Hodl

Top US crypto exchange Coinbase has created a new tool that allows users to build artificial intelligence (AI) agents on the Base blockchain. In a video posted on the social media platform X and shared by CEO Brian Armstrong, Coinbase developer Lincoln Murr introduces “Based Agent,” which he says can create AI agents with full […]

The post Coinbase Launches New Tool for Creating On-Chain Artificial Intelligent Agents on Base appeared first on The Daily Hodl.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

9 AI tools that can make you better at your job

October 28, 2024 Coin Telegraph

AI is revolutionizing workplace efficiency. Here are nine innovative tools reshaping the future of work across different industries.

In today’s competitive business landscape, staying ahead requires more than just hard work. It demands efficiency, innovation and the ability to adapt to rapidly changing trends.

In this regard, artificial intelligence has emerged as a powerful tool to help professionals achieve these goals.

By automating routine tasks, AI tools are helping cut out monotonous tasks and letting people concentrate on the most important tasks at their job. From data analysis to content creation and development, AI is helping streamline workflows and increase productivity.Here are just a few of the AI solutions out there that can make you better at your job.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Tether and Coinbase Unveil Tools for Private AI and Autonomous Blockchain Agents

October 28, 2024 Bitcoin.com

Tether and Coinbase are diving deep into artificial intelligence (AI), each unveiling new tech designed to bring enhanced privacy and onchain autonomy to the blockchain world. Blockchain and AI Tools In separate announcements this week, Tether and Coinbase revealed AI-driven products poised to reshape how developers and users engage with blockchain technology. Tether’s CEO Paolo […]

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