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7 confusing crypto terms (almost) nobody understands

The crypto world is full of technical terms, some of which are so difficult that almost no one understands them.

Getting to grips with cryptocurrency isn’t easy. Even after you’ve got your head around Bitcoin and Ethereum and the difference between proof-of-work and proof-of-stake, there’s still a whole new world of terminology to learn and understand.

But even among fairly hardened cryptonians, there are still terms that are difficult to understand. Here are the seven terms that almost nobody in blockchain understands as fully or as deeply as they’d like.

In the 1958 movie starring Steve McQueen, and its 1988 remake, The Blob is an amoeba-like jello monster that terrorizes the inhabitants of a small town, growing larger and redder as it consumes them.

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Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Kenyan Deputy President Urges Africa to Embrace AI

Kenyan Deputy President Urges Africa to Embrace AIKenyan Deputy President Rigathi Gachagua is urging African leaders to tap into the potential of artificial intelligence (AI) to supercharge their economies. Gachagua highlighted that tech-leading countries are already reaping the rewards of infusing AI into critical sectors like agriculture, health, trade, manufacturing, tourism, and education. Kenya to Establish Digital Hubs Kenyan Deputy President Rigathi […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Mark Cuban: Kamala Harris Opposes ‘Regulation Through Litigation’

Mark Cuban: Kamala Harris Opposes ‘Regulation Through Litigation’Billionaire Mark Cuban says that Vice President Kamala Harris’ team has told him “in no uncertain terms that they are against ‘regulation through litigation.'” He criticized U.S. Securities and Exchange Commission (SEC) Gary Gensler’s regulation by enforcement approach, asserting: “Gary Gensler is a blight on the technology community.” Mark Cuban Slams SEC Chair Over Crypto […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Finance traders will be first to spot superintelligent AI — Wharton prof

Ethan Mollick’s commentary sparked speculation from the cryptocurrency community. 

Wharton professor and author of the book “Co-Intelligence: Living and Working with AI,” Ethan Mollick, recently opined that if artificial intelligence were to become smarter than humans, the first group to notice would likely be financial traders. 

Mollick’s comments were posted on the X social media platform on Sept. 24, and they immediately sparked replies from numerous accounts associated with the cryptocurrency community. 

Mollick’s statement on AGI, posted on X. Source: Ethan Mollick 

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Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Solana Labs partners with Google Cloud to launch Web3 API

The new “Gameshift” service will serve as a Web2-to-Web3 bridge for developers. 

Solana Labs and Google Cloud recently launched Gameshift, a gaming development API that aims to bridge traditional Web2 experiences with Web3 services such as blockchain technology and digital asset management.

The new suite of tools was announced at the 2024 Solana Breakpoint conference during the “Gamer Village” side stage events. Gameshift is the next stage of the two companies’ extended partnership and is currently available on the Google Cloud Marketplace. 

According to a blog post from Google Cloud, Gameshift is an API that provides a full suite of foundational Web3 services to projects hosted within the cloud ecosystem. 

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Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Sam Altman says ChatGPT will bring unimaginable prosperity, fix climate

He also said it’ll solve all physics and usher in an era our grandparents couldn’t have imagined.

Sam Altman, co-founder and CEO of artificial intelligence firm OpenAI, published a cryptic blog post on Sept. 23, apparently celebrating that “deep learning worked” and claiming that humanity was on the precipice of an era of unimaginable prosperity.

The CEO also boasted that his company’s technology would be capable of creating more powerful versions of itself within a matter of decades that will accelerate humanity’s scientific progress “across the board.” 

Altman announces the dawn of the “Intelligence Age” on X. Source: Sam Altman

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Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Nayib Bukele and Elon Musk Discuss AI, Robotics, and Future of Humanity

Nayib Bukele and Elon Musk Discuss AI, Robotics, and Future of HumanityEl Salvador’s President Nayib Bukele met with Tesla and Spacex CEO Elon Musk at the Texas Gigafactory, discussing AI, robotics, and humanity’s future. The two exchanged views on innovation, and Musk praised Bukele’s leadership. Their conversation emphasized how cutting-edge technologies could shape global progress, aligning with El Salvador’s forward-thinking stance. Bukele and Musk Discuss AI, […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Microsoft, G42 Open 2 AI Centers in Abu Dhabi

Microsoft, G42 Open 2 AI Centers in Abu DhabiMicrosoft and G42, a United Arab Emirates-based AI firm, have established two new AI centers in Abu Dhabi. These centers aim to promote responsible AI in the Middle East and the Global South. They will identify best practices, support AI projects for societal goals, and strengthen the relationship between Microsoft and the UAE. G42’s partnership […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

UN Chief: Unregulated AI Threatens Democratic Systems

UN Chief: Unregulated AI Threatens Democratic SystemsUN Secretary-General António Guterres warned that unregulated artificial intelligence (AI) poses a risk to democratic systems, exacerbating disinformation and gender inequality. He urged countries to establish AI governance guidelines and promote responsible use. Guterres noted AI’s potential benefits, including enhanced public participation and equality, but emphasized the need for international cooperation to mitigate risks. UN […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Kenya Acting to Curb AI Disinformation, President Ruto Says

Kenya Acting to Curb AI Disinformation, President Ruto SaysKenyan President William Ruto announced measures to prevent artificial intelligence (AI) from spreading disinformation, alongside the launch of the Fifth National Action Plan on Open Government Partnership. The initiative aims to foster international cooperation for ethical AI use. This comes after AI-fueled social unrest incidents in 2021 and 2023, and mass protests earlier this year. […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption