Investors in crypto and traditional markets bet that impending U.S. presidential election will breed price volatility. Source
Category: ICO
Donald Trump’s Sliding Victory Odds Hit Bitcoin Price (BTC)
Since, though, Trump’s odds have been falling, as has the price of bitcoin and cryptocurrencies in general. At one point overnight, the former president’s victory chances declined to less than 53% (with Harris rising to above 47%). Alongside, bitcoin fell to as low as $67,600. At press time, during the U.S. morning hours Sunday, both Trump and bitcoin have come back a bit, with Trump sitting at 56% and bitcoin at $68,300, lower by more than 2% over the past 24 hours. Source
Ethereum Researchers Relinquish EigenLayer Roles Over Conflict of Interest Concerns
“Going forward I will turn down all advisorships, angel investments, and security councils,” Drake said on X. “This personal policy goes above and beyond the recent EF-wide conflict of interest policy, not because that was asked of me but because I want to signal commitment to neutrality.” Source
Kemi Badenoch is the new Leader of the Conservative Party
The leadership election was set-off by former Prime Minister Rishi Sunak’s decision to resign as party leader. Source
Tornado Cash Developer Roman Storm’s Trial Delayed Until April
In addition to potentially hurting Storm’s defense, Klein’s letter to the court suggested that Judge Failla’s ruling may have contravened one of the federal rules that govern criminal proceedings. Essentially, Klein argued that the government cannot legally compel the defense to disclose the names of its expert witnesses unless the defense has requested the same information from the prosecution. Storm’s defense “intentionally made no such request,” Klein wrote, in order to keep their witness list private. Source
U.S. Treasury Clamps Down on Projects Near Military Bases, Such as Crypto Mining Sites
In May, Biden ordered the bitcoin mining facility near Warren Air Force Base to stop operations, citing a threat to national security as it uses foreign-sourced technology. MineOne, which the government noted acquired the property as a business majority-owned by Chinese nationals, set up shop within a mile of the military facility in Cheyenne, which houses Minuteman III intercontinental ballistic missiles (ICBMs). Source
With Decentralized AI and Tokenized Ownership, We Can Fight ‘The Six’
Just as was the case for Alphabet’s Google, Meta’s Facebook and Amazon’s marketplace, the development of these six companies’ large language models (LLMs) and other AI machinery is occurring within closed, black-box systems.They’ve ingested the troves of data we all unwittingly poured into internet sites, and have built highly complex codebases into which no one has visibility. Between them, they dominate all layers of the AI stack: the storage (Amazon Web Services), the chips for computation (Nvidia), the AI models (Microsoft, with its investment in Open AI), the data (Alphabet…
Bitcoin (BTC) Mining Bans Can Backfire on Climate Conscious Governments: Exponential Science
Overall, mining bans would be more effective, from an environmental perspective, in countries such as China, Russia, and Malaysia, with Kazakhstan taking the lead in that category. They will backfire, however, in most of the Americas and in Europe, with a special emphasis on Nordic countries and Canada. Source
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
The network’s monthly average hashrate surged to a record high, the report said. Source
Bitcoin at 16: Getting Its Driver's License and Entering a New Era
Bitcoin has evolved beyond “digital gold.” Today, it’s a foundational piece of global financial infrastructure, says Trust Machines’ Rena Shah. Source