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Bitcoin Miners Shifting to Artificial Intelligence and High-Performance Computing, According to VanEck Analysts

Bitcoin Miners Shifting to Artificial Intelligence and High-Performance Computing, According to VanEck Analysts

New research from VanEck reveals that Bitcoin (BTC) miners are shifting to artificial intelligence (AI) and high-performance computing. In a thread on the social media platform X, Matthew Sigel, the head of digital assets research at VanEck, says that BTC miners are utilizing technology to earn profits through strategic arbitrage. “Bitcoin miners are shifting to […]

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New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Coinbase Announces $15,000 Grant Program, Seeks To Solve Barrier to Building Apps Using Artificial Intelligence

Coinbase Announces ,000 Grant Program, Seeks To Solve Barrier to Building Apps Using Artificial Intelligence

Top US-based crypto exchange platform Coinbase is announcing a $15,000 grant program to push decentralized applications (DApps) built by artificial intelligence (AI). In a new blog post, Coinbase says it’s launching the Coinbase Developer Platform (CDP) AI Builder Program to solve common issues associated with automated DApp and blockchain development. “A major barrier to building […]

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New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Swiss tech firm launches AI made of human brain cells rental service

The organoids only live about 100 days, then, ostensibly, the AI dies.

Swiss technology firm FinalSpark recently launched a program that allows scientists to rent cloud access to “biocomputers” made out of human brain cells for a mere $500 a month. 

The purpose of these biocomputers, according to FinalSpark, is to develop a highly efficient, low-energy solution to the ballooning costs associated with developing artificial intelligence models. The company says it could be as much as 100,000 times more efficient to use computers made of organic material to train AI than it is to use traditional silicon-based technology.

According to FinalSpark founder Fred Jordan, Neurospark is the only company to offer access to computers made out of clumps of human brian cells (called organoids). Their technology can be viewed live online.

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New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Coinbase CEO Brian Armstrong: AI ‘should have crypto wallets’

Armstrong’s statements come as Coinbase launches a $15K bot accelerator.

Cryptocurrency exchange Coinbase recently launched an artificial intelligence accelerator grant program to award $3K to five projects focused on combining AI with crypto wallets.

According to Coinbase CEO Brad Armstrong, large language models (LLMs) — the technology behind AI systems such as OpenAI’s ChatGPT and Anthropic’s Claude — could accomplish finance-related tasks if they were properly equipped.

Coinbase engineering lead Yuga Cohler posted a demo of the “AI Wallets” feature to X on Aug. 12. In the demo, Cohler demonstrates a scenario where an organization is paying people to participate in human-feedback sessions to train an image recognition model.

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New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

California removes teeth from AI law without addressing tech’s core concerns

The law appears more corporate-friendly, but the implications for consumers are a bit murkier.

California lawmakers have amended a controversial bill that would hold artificial intelligence firms accountable for harms caused by their products in response to industry criticism. However, it’s unclear if the state’s concessions will be enough to convince naysayers in the tech industry. 

The bill, called the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act (SB-1074), essentially seeks to protect whistleblowers and empower the state of California to intervene if it has reason to believe an AI-related catastrophe is going to occur.

As Cointelegraph recently reported, the tech industry is in a bit of an uproar over the bill’s stipulations, with many tech luminaries saying it would stifle innovation and growth. 

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New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

AI researchers want to solve the bot problem by requiring ID to use the internet

The researchers based their ideas on “proof of personhood” technologies developed by the blockchain community.

Artificial intelligence researchers are worried that AI bots are eventually going to take over the internet and spread like a digital invasive species. Rather than approach the problem by attempting to limit the proliferation of bots and AI-generated content, one team decided to go in the opposite direction. 

In a recently published preprint paper, dozens of researchers advocate for a system by which humans would need to have their humanity verified in-person by another human in order to obtain “personhood credentials”

The big idea appears to be the creation of a system wherein someone could prove they were human without having to disclose their identity or any further information. If that sounds familiar to those of you in the crypto community, it’s because the research is based on “proof of personhood” blockchain technologies.

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New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

San Fran city attorney sues sites that ‘undress’ women with AI

Dek: AI-powered websites allowing users to create nonconsensual nude photos of women and girls were visited 200 million times in the first half of the year.

San Francisco’s City Attorney has filed a lawsuit against the owners of 16 websites that have allowed users to “nudify” women and young girls using AI.

The office of San Francisco City Attorney David Chiu on Aug. 15 said he was suing the owners of 16 of the “most-visited websites” that allow users to “undress” people in a photo to make “nonconsensual nude images of women and girls.”

A redacted version of the suit filed in the city’s Superior Court alleges the site owners include individuals and companies from Los Angeles, New Mexico, the United Kingdom and Estonia who have violated California and United States laws on deepfake porn, revenge porn and child sexual abuse material.

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New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

California AI bill aimed at preventing disasters draws ire from Silicon Valley

Crypto VC giant a16z claims the AI legislation will “burden startups because of its arbitrary and shifting thresholds.”

A California bill requiring AI developers to put up safety protocols to stop “critical harms” against humanity has caused a stir among the Silicon Valley’s tech community. 

California’s “Safe and Secure Innovation for Frontier Artificial Intelligence Models Act," also known as SB 1047, would require AI developers to implement safety protocols to prevent events such as mass casualties or major cyberattacks.

It was proposed by California Democratic legislators in February.

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New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

AI Agents Will Use Crypto To Transact With Each Other, Says Former Goldman Sachs Executive – Here’s His Outlook

AI Agents Will Use Crypto To Transact With Each Other, Says Former Goldman Sachs Executive – Here’s His Outlook

Ex-Goldman Sachs executive Raoul Pal is predicting that artificial intelligence (AI) agents will one day use crypto assets to transact with each other. In a new video update, the Real Vision CEO says that in the not-so-distant future, AI agents are probably going to use digital assets to pay for things like electricity, with the […]

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New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Verofax Partners With Climate Tech Firm Netgreen to Power Global Reforestation Efforts

Verofax Partners With Climate Tech Firm Netgreen to Power Global Reforestation EffortsBlockchain firm Verofax has teamed up with climate tech startup Netgreen to enhance global reforestation efforts. The partnership aims to create a transparent and efficient way for individuals to support tree-planting initiatives. This collaboration will also help track and measure carbon capture, preventing double counting and ensuring compliance with environmental standards. Linking People to Verified […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why