Day: February 16, 2023

Sam Bankman-Fried’s Altruism Wasn’t Very Effective

Effective altruism, in case you’ve never heard of it, is a philosophical and social movement that applies reason and evidence to determine, and then act upon, the most effective ways to benefit others. Peter Singer, a major advocate of the movement, said “effective altruism is about doing the most good you can, and that means being strategic and focused in your efforts. It means finding out where you can have the biggest impact, and then doing everything you can to make that impact as big as possible.” And Sam certainly…

Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse – Defi Bitcoin News

Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido accounting for 17.18% of the total. Ethereum Dominates Defi With Over 60% of TVL, While Tron and Binance Smart Chain Battle for Second Place In the past 24 hours, the entire cryptocurrency market has risen more…

Theta Network to enable collaborative machine learning with new partnership

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Blockchain video delivery network Theta Labs has partnered with the artificial intelligence (AI) platform FedML to enable collaborative machine learning on content recommendation and generative AI.  In an announcement sent to Cointelegraph, the two firms said that the partnership would focus on the collaborative training of large-scale generative AI models, allowing the Theta TV community to contribute personal preferences and compute resources in training and deploying AI models to enhance personalized recommendations and advertisements through FedML. Internet-scale collaborative/federated training and serving of AI models for content recommendation. Source: FedML According…

$24K Bitcoin — Is it time to buy BTC and altcoins? Watch Market Talks live

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In this week’s episode of Market Talks, Cointelegraph welcomes Michaël van de Poppe, a full-time day/swing trader in cryptocurrencies based at the Amsterdam Stock Exchange who’s interested in everything related to blockchain in combination with the current financial system. He is also the CEO and founder of Eight Global, a cryptocurrency education and consultancy platform. We kick things off by getting van de Poppe’s take on the current market and how he’s feeling about things at the moment.  Generally, everyone’s views on external macro factors that impact crypto prices are mostly United…

Interview with Former Chief Financial Officer of Binance, Now CEO of Coins.ph, Wei Zhou – Blockchain News, Opinion, TV and Jobs

Last year former Binance Chief Financial Officer Wei Zhou bought Coins.ph, a mobile wallet and digital currency exchange, from Indonesian technology company Gojek. Coins.ph, also called the Coinbase of Southeast Asia, was founded in 2014 and was one of the earliest crypto wallets and exchanges in the Philippines. It later shifted its focus to providing broader financial services. Zhou had previously left Binance for personal reasons. He had worked there for three years. BCN: How do you feel about governments trying to regulate crypto platforms, which seems to be the…

MATIC Hits 10-Month High as AVAX Extends Recent Gains – Market Updates Bitcoin News

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Polygon rallied to a ten-month high on Thursday, as the token rose for a third straight session. Overall, cryptocurrency markets rebounded from recent losses, with the global market cap up 5.90% at the time of writing. Avalanche also surged, hitting a one-week high. Polygon (MATIC) Polygon (MATIC) surged to a ten-month high earlier in the day, as prices rose for a third consecutive session. MATIC/USD moved to a peak of $1.39 earlier in today’s session, which comes a day after trading at a low of $1.27. As a result of…

Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons

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Debtors for crypto lender Celsius Network have the authority to sell coupons for mining firm Bitmain coupons worth roughly $7.4 million following a ruling from a bankruptcy judge. In a Feb. 16 court filing, United States Bankruptcy Judge Martin Glenn said it was in the “best interests of the Debtors’ estates, their creditors, and other parties” to allow Celsius debtors to sell their Bitmain coupons. The judge’s ruling does not require the debtors to liquidate the holdings in question, but they would need the consent of the committee of unsecured…