Day: May 15, 2023

Amazon is hiring AI engineers to build a ChatGPT-like search interface

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Amazon is preparing to develop and implement a new “search” functionality for its online web store featuring a ChatGPT-like interface.  A pair of job postings first spotted by Bloomberg spell out the company’s plans, which state in unambiguous language that Amazon intends to reinvent its long-standing search feature. In a job listing for a “Sr Technical Program Manager,” the company states: “We are working on a new AI-first initiative to re-architect and reinvent the way we do search through the use of extremely large scale next-generation deep learning techniques.” The…

Dogecoin daily transactions hit record high, overtaking bitcoin

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Daily transactions for dogecoin, the meme-based cryptocurrency, soared to an all-time high, surpassing bitcoin and litecoin. With a record of 650,000 transactions, dogecoin’s network activity surpassed other major tokens. Dogecoin on-chain activity surges In recent times, there has been a notable surge in on-chain activity within the dogecoin network, which can be primarily attributed to the adoption of the DRC20 token standard. The Dogecoin community embraced the DRC20 standard, leading to a significant increase in activity…

Japan leads world in losses from North Korean crypto hacking with 30% of total: Report

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Japan is the biggest loser of cryptocurrency to North Korean hackers, according to a study by blockchain analyst Elliptic. Asian countries make up three of the four top targets for the so-called Hermit Kingdom’s hackers, Elliptic found. The study, commissioned and reported on by Japanese financial publication Nikkei, looked at losses of cryptocurrency from cyberattacks originating in North Korea from 2017 through 2022. The study took into account both hacking and ransomware attacks. It described the attacks as a “national strategy.” Related: Binance to reenter Japan via acquired regulated exchange…

$28,000 Bitcoin is in the cards, but it won’t happen without a struggle

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Bitcoin’s price declined for eight consecutive days through May 13, totaling a 9.4% correction. The last time such a losing streak happened was on June 14, 2022, after the Celsius lending platform halted withdrawals and FUD — fear, uncertainty and doubt — emerged from United States software firm MicroStrategy’s loan being liquidated at $21,000. Nothing remotely similar happened as Bitcoin (BTC) retested the $25,800 support on May 12, apart from the network congestion and increased transaction fees. Traders and analysts speculated that a coordinated attack was aimed at causing network instability. Bitcoin is…

Crypto Extortion Charges Dropped Against Steven Nerayoff, an Early Ethereum Adviser

His lawyers say their client was put in a van on the day of his arrest and given a clipboard with a list of names of hundreds of the top players in the crypto industry, from Ethereum founder Vitalik Buterin to Caitlin Long, the founder and CEO of Custodia Bank, and instructed to give the FBI dirt that would help them make “dozens of convictions” in exchange for a lighter sentence. They also claim that Hlady, Nerayoff’s employee, was an FBI informant who exchanged 100 texts and 45 phone calls…

Bitcoin offers ‘good signs’ as analysts retain $40K BTC price target

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Bitcoin saw five-day highs on May 15 as a rebound continued after the Wall Street open. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView $40,000 “still a magnet” for BTC price Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $27,666 on Bitstamp. Bitcoin (BTC) on Bitstamp held strength on hourly timeframes after a weekly close just below the $27,000 mark. With United States equities in a tight range on the day, crypto analysts looked for cues over where markets might go next. For Michaël van de Poppe, founder…

Bitcoin offers ‘good signs’ as analysts retain $40K BTC price target

Bitcoin (BTC) saw five-day highs on May 15 as a rebound continued after the Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 “still a magnet” for BTC price Data from Cryptox Markets Pro and TradingView showed BTC/USD reaching $27,666 on Bitstamp. The pair held strength on hourly timeframes after a weekly close just below the $27,000 mark. With United States equities in a tight range on the day, crypto analysts looked for cues over where markets might go next. For Michaël van de Poppe, founder and CEO…

Small scale bitcoin mining becomming more popular

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Diving into the bitcoin mining pool doesn’t require a fortune, but it does require patience, with some comparing it to winning the lottery. Bitcoin mining, once the domain of tech enthusiasts, has grown into a substantial industry around the world. These days, large-scale operations often have their own power plants and advanced hardware. However, for a price roughly equivalent to that of a midrange smartphone or gaming console, small mining rigs are possible to build. But…

Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal

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Outraged Lebanese Depositors Continue to Riot Against Financial Institutions – Bitcoin News

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Amid Lebanon’s financial crisis, significant demonstrations have erupted in Beirut targeting financial institutions. Outraged Lebanese depositors, witnessing their savings vanish, have resorted to smashing bank windows, setting fires, and engaging in riots. Simultaneously, leaders of Lebanon’s central bank face grave allegations of fraud, embezzlement, and political corruption. Lebanese Citizens Left Penniless as Financial Institutions Crumble In February 2023, Lebanese depositors that were incensed by the alleged theft of their life savings by the country’s central bank, set ablaze the very banks that held their fortunes. Bitcoin.com News highlighted this distressing…