As Microsoft and Google go head-to-head on artificial intelligence, crypto needs to prove it’s recent rally is worth anything. Source
Crypto AI Needs a Showcase to Know What's Real
Day: February 8, 2023
EminiFX CEO Eddy Alexandre Set to Plead Guilty to Role in Alleged $59M Ponzi Scheme
Despite Alexandre’s alleged fraud, however, many of his customers have continued to support him. At Alexandre’s plea hearing last year, supporters from around the world traveled to cheer him on, telling Bloomberg that EminiFX was legitimate, Alexandre was helping them and the case against Alexandre, who is Black, was racist. Source
Bitcoin’s Newfound NFT Hype Attracts Interest of BSV Developer Twetch
Twetch has already built a suite of NFT apps on the Bitcoin SV blockchain. So the new push by Ordinals to bring NFTs to the Bitcoin blockchain looks like an opportunity for expansion. Original
3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery – Bitcoin News
According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current liquidators, despite it being sent via Twitter. Representatives from advisory company Teneo state that Davies continues to ignore his obligations to Three Arrows. 3AC Liquidators Frustrated With Lack of Response From Co-Founders A recent filing submitted to the New York bankruptcy court states that Kyle Davies, co-founder of 3AC, is obstructing or disregarding requests from the 3AC Liquidation team. Additionally,…
Bitcoin Fixes the Asymmetry of Information Problem in Markets
Information symmetry also matters a lot for market structure. Take lending, for example. In traditional finance, borrowers have a more detailed idea of what they plan to do with the solicited funds, and this may be different than what they tell the lender, who compensates for this lack of transparency by requiring a ton of paperwork and/or applying math to credit profiles. Even when collateral is required, there is uncertainty: is that house, yacht or painting really worth its stated valuation? The compensation for this risk shows up in the…
ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle
Web3 infrastructure developer ConsenSys, the maker of the popular MetaMask digital wallet, has cast 7.03 million votes in favor of a proposal that would see decentralized exchange Uniswap’s v3 protocol deployed on BNB Chain, according to data from Tally. The votes are denominated by the number of underlying UNI owned by ConsenSys, which is worth an estimated $47.5 million. At the time of writing, 77.56% of participants were in favor of the proposal, with 22.07% against it. The week-long voting process will close on Feb. 10. As Cointelegraph previously reported,…
ReserveBlock Announces RBX Token Listing on BitMart Exchange
February 8, 2023 – Los Angeles, California Blockchain platform ReserveBlock has announced that its native asset will be listed on BitMart. The RBX market will open for trading on BitMart’s crypto exchange on February 8, 2023. The event follows recent listings on Bitrue and Deepcoin. RBX secures ReserveBlock’s open source network and used to validate the PoA (proof-of-assurance) consensus on the decentralized tokenization layer one protocol. Its listing on BitMart will make RBX available to a global audience while increasing access to ReserveBlock’s growing ecosystem. To mark the event, ReserveBlock…
Crypto Long & Short: Bitcoin's 'Golden Cross' Explained
This much talked about technical indicator has value, yet doesn’t tell the whole story. Source
A Pragmatic View of ChatGPT in a Web3 World
Companies such as Google with its model LaMDA, DeepMind with Sparrow, Anthropic with Claude and Stability AI with an open-source version of ChatGPT are likely to become relevant players in this market in a next few months. In the Web3 world, these models will power new experiences for how to author and interact with smart contracts, dapps, Wallets, decentralized finance (DeFi) protocols, NFTs and pretty much every area of the ecosystem. The era of language models in Web3 is here and ChatGPT is just the beginning. Source
A Hard Working Man – Blue Collar Pass
In 2022, the concept of nonfungible tokens (NFTs) faced criticism from those who questioned their utility. However, the team behind the “A Hard Working Man” (AHWM) digital collectibles project is eager to change that perception. In collaboration with Cointelegraph and Animal Concerts, the team behind the hit single “A Hard Working Man” — including Grammy-award-winning production duo The Avila Brothers — is releasing an NFT collection with real utility featuring hip hop icon Snoop Dogg and country music mogul Billy Ray Cyrus. Explore the collection here To add to the…