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Cryptocurrency And Technology

All articles tagged with #cryptocurrency and technology

cryptocurrency-and-technology1 year ago

"Coinbase's $0 Balance Glitch and Aptos' Hong Kong Ambitions: A Week in Crypto News"

Bitcoin's price surged over $60,000, causing Coinbase's app to crash, while Telegram announced a plan to pay rewards using toncoin on the TON blockchain. Nigerian crypto users faced difficulties with some exchanges, and Starbucks Odyssey's community lead sees NFTs as a way to build brand loyalty. The crypto market saw significant gains, with bitcoin and ether both jumping about 23.6% and 18%, respectively, and the total market cap increasing to $2.34 trillion. Additionally, various crypto-related startups secured significant funding rounds, and a podcast series on NFTs and web3 was highlighted.

via TechCrunch|
#bitcoin#coinbase#crypto-market
cryptocurrency-and-technology1 year ago

Bitcoin's Energy Debate: Satoshi's Early Emails and Climate Concerns

Newly released emails from 2009 show that Bitcoin's creator, Satoshi Nakamoto, foresaw the potential for the cryptocurrency to consume significant energy due to its Proof of Work consensus algorithm. Satoshi also expressed concerns about legal scrutiny and envisioned non-financial uses for blockchain technology. The release of these emails coincides with a trial to determine if Craig Wright is indeed Satoshi Nakamoto. The debate around Bitcoin's energy consumption continues, with industry proponents highlighting its efficiency compared to traditional banking, while critics focus on its raw energy usage.

via CoinDesk|
#bitcoin#blockchain#cryptocurrency-and-technology
cryptocurrency-and-technology1 year ago

"OpenAI's Sora Sparks Worldcoin Surge and AI Token Rally"

The price of Worldcoin, a cryptocurrency token linked to Sam Altman's digital ID project, has surged following the release of OpenAI's new AI tool, Sora, and amid a bullish week for crypto. Worldcoin's market capitalization is nearing $1 billion, and its growth is part of a broader upswing in the crypto market. Worldcoin's digital identity solution involves in-person eye scans and aims to address identity verification challenges posed by AI advancements. However, the project has faced setbacks, including data privacy concerns and regulatory hurdles. OpenAI's Sora tool, capable of creating realistic videos from text prompts, has raised concerns about the potential spread of deepfakes and false content.

via Forbes|
#cryptocurrency#cryptocurrency-and-technology#openai
cryptocurrency-and-technology1 year ago

"OpenAI's Sora Launch Propels Worldcoin to Record Highs and 1M Daily Users"

Worldcoin's WLD token, linked to Sam Altman's digital ID project, has surged 40% following the launch of OpenAI's Sora app, despite the projects being unrelated. Altman's association with OpenAI may be driving interest in Worldcoin. Additionally, tokens linked to AI projects, unrelated to OpenAI, have also seen significant gains. Worldcoin aims to create a global ID system using iris scanning, but has faced scrutiny from several governments. Meanwhile, OpenAI has launched its Sora text-to-video model and is reportedly seeking substantial funding to increase global AI chip manufacturing capacity.

via Decrypt|
#artificial-intelligence#cryptocurrency#cryptocurrency-and-technology