Month: May 2023

Can blockchain really improve trust in AI? – Cointelegraph Magazine

Most technological revolutions come with an unforeseen darker side. When Austrian-born physicists Lise Meitner and Otto Frisch first split the atom in the late 1930s, they probably didn’t anticipate their discovery would lead a few years later to the atomic bomb. The artificial intelligence (AI) revolution is arguably no different.  AI algorithms have been around for decades. The first artificial neural network, the perceptron, was invented in 1958. But the recent pace of development has been breathtaking, and with voice recognition devices like Alexa and chatbots like ChatGPT, AI appears…

NFT Creator – Cointelegraph Magazine

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With a total artwork value of $24 million Trevor Jones is one of the Top 10 most successful crypto artists worldwide. Trevor Jones’ journey to crypto art stardom started the same way as many crypto noobs: His portfolio went way up, he failed to take profits, and the price came crashing down wiping out the paper gains. A traditional painter, Jones always wanted to explore the intersection of art and technology, and he experimented with QR code oil paintings in 2012 and dived into AR art in 2013.  But it was…

Investors shift to DigiToads presale as bitcoin slips

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto market has been contracting in the last few weeks, with bitcoin (BTC) prices recently slumping below $26,000. As uncertainties surround the prices of the top crypto coins, many investors are beginning to shift to new tokens with long-term returns. DigiToads keeps attracting investors with its presale success. So far, over $3.2 million has been raised from the multi-phase presale. The meme coin shows good investment potential, and investors are considering it in their portfolios. DigiToads…

Bitcoin Price (BTC) Rebounds Amid Optimism on Debt-Ceiling

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Bitcoin Frogs, the newly-launched non-fungible token (NFT) fashioned after frogs, has become the most-traded collection in the past 24 hours, surpassing even prominent collections such as Bored Apes. Bitcoin Frogs, which launched in late February on Bitcoin Ordinals, reached a trading volume of over $2.2 million, data from CryptoSlam show. The collection describes itself as “10,000 unique frog collectibles minted directly on the Bitcoin Blockchain.” At the time of writing, each NFT was selling for 0.12 bitcoin (BTC), or more than $3,200. Buyers and sellers are paying trading fees ranging…

Coinbase Cloud plugs into Chainlink oracle network to improve smart contract reliability

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Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to bolster the security and reliability of the Chainlink blockchain oracle network. The United States-based cryptocurrency exchange’s cloud service will operate as a new node operator on the Chainlink network in a partnership set to improve the decentralization of the Web3 ecosystem.  Coinbase Cloud’s infrastructure already services several leading blockchains, including Ethereum, Solana, Algorand and Aptos. Chainlink node operators are integral to the network and are responsible for connecting smart contracts on different blockchains to data and systems. Related: Google Cloud broadens…

Filecoin Labeled as Security, SEC Asks Grayscale to Withdraw Filecoin Trust

The SEC crackdown on crypto firms has intensified significantly since the bear market of last year incited by several collapses and bankruptcy filings of crypto exchanges. The United States Securities and Exchange Commission (SEC) has tagged Filecoin (FIL) as an unregistered security. As a result, the regulator expects Grayscale Investments its application for Filecoin Trust. According to an update given by Grayscale about the status of the Trust’s registration in a statement on Form 10, a letter was sent to it by the SEC detailing the categorization of FIL. Noteworthy,…

Revolut Launches Business Offering in Australia, Seeking Banking License

Revolut believes that license would help to ensure higher consumer confidence. Crypto-friendly fintech company Revolut has introduced an international payment-targeted business account for customers in Australia, as it is allegedly operating to safeguard a banking license. The London-based company provides a wide range of fiat payment services for customers in Europe and Australia. It also rolls out crypto services like purchasing and selling a specific number of crypto assets that also include Bitcoin. In some particular regions, it also offers access to crypto-staking. In conversation with the CEO of Revolut’s…