Day: July 7, 2023

Privacy is not the core feature of Bitcoin, KuCoin CEO says

Amid KuCoin exchange preparing to adopt mandatory Know Your Customer (KYC) checks, the company’s CEO argued that privacy is not the most important feature of Bitcoin (BTC). “When it comes to the purpose of Bitcoin creation, I think privacy is just one of its features,” KuCoin CEO Johnny Lyu told Cointelegraph in an interview on July 4. Instead of privacy, the core benefit of Bitcoin is a unit of exchange, which allows holders to hedge against recessions, Lyu hinted. The CEO mentioned that Bitcoin was created after the 2008 financial…

5 worldwide websites to find remote coding jobs

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If you’re a coder or developer seeking remote work opportunities, here are five worldwide websites that can connect you with remote coding jobs. These platforms offer a diverse range of job listings, allowing you to find remote coding opportunities that match your skills and preferences. Explore these websites to discover exciting remote job opportunities in the programming field. 5 reasons why remote work is popular Remote work has become popular among coders due to the opportunities for global collaboration, improved work-life balance, increased productivity, advanced collaboration tools and the ability…

Lightning Labs unveils tools enabling AI apps to seamlessly interact with Bitcoin network

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On July 6, the Bitcoin Lightning Network development firm, Lightning Labs, introduced a new toolkit that enables artificial intelligence (AI) applications to interact with the Bitcoin network through its layer-2 solution.  Announcing a new set of tools to build Lightning⚡and #bitcoin-powered AI products for a global audience. Using L402, a standard for API authentication with LN payments, and @langchainAI, a simplified AI app framework, we are opening up #AI4All! 🤖🌎https://t.co/EQseanCurv — Lightning Labs⚡️🍠 (@lightning) July 6,…

BTC Miners Such as MARA, RIOT, HUT Are Playing a Survival Game, Mulling AI: Bernstein

The resurgence has been driven by two main factors, the report said. First, strong bitcoin price action due to improving sentiment resulting from Blackrock, Fidelity and other institutional exchange-traded-fund (ETF) filings. Second, some bitcoin miners are tapping into opportunities in high-performance computing and artificial intelligence (AI) as a “revenue diversification strategy,” the note said. Source

BTC price remains ‘undoubtedly bullish’ as $30K Bitcoin buyers emerge

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Bitcoin (BTC) teased more rangebound moves on July 7 as traders recovered from a day of volatility. BTC/USD 1-day chart. Source: TradingView BTC price gets a bid after volatile 24 hours Data from Cointelegraph Markets Pro and TradingView showed BTC price action hugging $30,000 overnight. Bitcoin bulls had hoped that new yearly highs the day prior would allow BTC/USD to exit its months-long trading range for good, but ended up disappointed. The largest cryptocurrency saw rejection at $31,500, falling below the $30,000 mark just hours later to challenge the lower…

ETH DeFi ‘circuit breaker’ could cut hack losses by 70% — Developer

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A decentralized finance (DeFi) “circuit breaker” could have prevented billions of dollars worth of crypto from being stolen from DeFi protocols in 2022, according to the developer of the newly published ERC-7265 proposal. A new Ethereum request for comment (ERC) was published on GitHub on July 3. In it, the lead developer Diyahir Campos proposed a standard for a DeFi “circuit breaker.” It essentially aims to set a standard for a smart contract that can halt suspiciously large token outflows from a DeFi protocol. 1/ Announcing ERC 7265: Circuit Breaker…

ETH DeFi ‘circuit breaker’ could cut hack losses by 70% — Developer

A decentralized finance “circuit breaker” could have prevented billions of dollars worth of crypto being stolen from DeFi protocols in 2022, according to the developer of the newly published ERC-7265 proposal. A new Ethereum request for comment (ERC) was published on Github on July 3. In it, the lead developer Diyahir Campos proposed a standard for a DeFi “circuit breaker.” It essentially aims to set a standard for a smart contract with the ability to halt suspiciously large token outflows from a DeFi protocol. 1/ Announcing ERC 7265: Circuit Breaker…

Sega exec calls P2E games ‘boring,’ Tom Brady’s NFT firm switches it up and more

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Sega co-COO yawns at P2E games The co-chief operating officer of Sega has called play-to-earn games “boring” amid the firm’s retreat from franchising some of its hottest properties to the blockchain gaming space. Bloomberg reported on July 6 that Shuji Utsumi, the co-COO of the gaming company behind Sonic The Hedgehog, said Sega would shelve plans to develop blockchain games for now. Third-party blockchain gaming projects would also not get access to Sega’s biggest franchises, with Utsumi adding: “The action in play-to-earn games is boring, what’s the point if games…