Former OpenAI researcher Leopold Aschenbrenner is confident that an AI lab will be able to train a GPT-4-level model in a minute in 2027, versus three months in 2023.
Read more on Cointelegraph
- Crunch
- Global
Government interest in CBDCS was a knee-jerk reaction to the popularity of crypto and the rise of private stablecoins.
Read more on Cointelegraph
As the world races to regulate high-level AI systems, Switzerland is taking a more “tech natural” approach focusing on sector-based use cases, while still having a major voice on the global stage.
Read more on Cointelegraph
In case you missed it, Starkware, a company historically active in the Ethereum ecosystem, announced yesterday plans to start committing significant resources towards new Bitcoin scaling opportunities that have emerged over the past months. Pioneers of zero-knowledge systems, the group has revealed plans to leverage OP_CAT in order to bring their STARK technology to Bitcoin. The soft fork proposal could allow zero-knowledge proofs to be verified natively, opening up an entirely new design space for developers.
The announcement is looked at by many as a significant technical milestone for the Bitcoin protocol. Here are my unsolicited 2 cents on the matter.
A long time coming
As Starkware CEO…
Read more on BitcoinMagazine
I’ll be watching you…
Binance will have not one, but two firms looking over its shoulder for the next few years — part of a settlement with the Department of Justice and the Treasury Department.
Binance confirmed to Blockworks that the monitors are Sullivan & Cromwell (yes, that one) and Forensic Risk Alliance (FRA).
“The monitorship is an important step in our compliance journey, and we are committed to collaborating with FinCEN’s selected monitor, Sharon Cohen Levin from Sullivan and Cromwell; and DOJ’s selected monitor, Frances McLeod at Forensic Risk Alliance as we continue working toward becoming the most trusted and secure asset exchange in the world,” a Binance…
Read more on Blockworks
Glassnode data reveals a significant rise in Bitcoin held by short-term holders, surging from 2.2 million BTC in January to 3.4 million BTC by mid-April, before a slight dip to 3.3 million. This pattern is typical of early stages in bull markets, where short-term holders often enhance price volatility. For instance, in November 2023, they captured $1.8 billion in profits over 48 hours, underscoring their impact on market dynamics.
This influx of short-term investments, alongside the steady commitment of long-term holders, suggests a balanced and robust market. The upcoming reclassification of U.S. spot Bitcoin ETF wallets from short-term to long-term holdings further reflects a maturing investment landscape.
These trends are crucial for understanding Bitcoin’s future trajectory, indicating a strong engagement from new investors while supported by the foundational stability of long-term stakeholders. Such dynamics are vital for predicting market movements and suggest a continuing bullish phase for Bitcoin.
Buterin responded to a post about Iggy Azalea’s MOTHER token potentially leading the celebrity crypto trend towards sustainable value creation.
Read more on Cointelegraph
According to plaintiffs, the six exchanges, which delisted Bitcoin SV in 2019, owe BSV holders $9 billion for missed opportunities.
Read more on Cointelegraph
KARM Legal Consultants founder Kokila Alagh said that the regulations clarify the issuance, licensing and supervision of AED-backed payment tokens.
Read more on Cointelegraph
BNB’s price standout performance today lacks a clear fundamental catalyst and is instead driven by macroeconomic factors and technical indicators
Read more on Cointelegraph