cryptotimes

[cryptotimes]

Staked ether deposits surpass withdrawals for the first time since Shapella upgrade

[ad_1] The surge in outflows of staked ether seen after Ethereum’s Shapella upgrade enabled withdrawals for the first time has stopped after less than a week, with traders once again staking more ether than they’re unlocking.  Over the past 24 hours, nearly 95,000 ETH was deposited and just over 27,000 ETH was withdrawn, creating a net positive flow of almost 68,000 ETH, according to data…

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Best Bitcoin Casino Bonus 2023 ✓ Bitcoin Bonuses Compared

[ad_1] Our comprehensive guide to the best Bitcoin casino bonuses and welcome bonuses will assist you in maximizing your gaming experience. We have handpicked the top Bitcoin casinos with the most generous bonuses and reviewed and compared them in an easy-to-review table. We provide step-by-step instructions on how to get started and make the most out of each deposit, along with frequently asked…

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Bitcoin and Gold’s Bright Future, According to ByteTree Asset Management CIO

[ad_1] Charlie Morris, who is the Founder and CIO of ByteTree Asset Management, believes that gold and Bitcoin are set to experience significant and lasting gains due to a weakening dollar and increasing sovereign risk. Per a report by Kitco News published on April 17, Morris believes the econometrics are clear-cut, suggesting that investors in gold and Bitcoin are unlikely to face bad days. In…

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Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining – Featured Bitcoin News

[ad_1] While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant electricity and leverages copious amounts of water to cool data centers. Reports Insist AI and…

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[cryptotimes]

Ethereum value dropped, as expected

[ad_1] Yesterday the market value of ETH (Ethereum) fell as low as $2,050, as suggested by some forecasts.  Indeed, before the Shapella update was applied, on the night of 12-13 April, the forecasts were even more pessimistic, but in those very days they turned out to be inaccurate. The Shapella update and predictions about the value of Ethereum The fact is that after almost two years, Shapella…

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SEC Granted Access to Singapore Records for Terra's Do Kwon

[ad_1] Terraform Labs co-founder and CEO Do Kwon has suffered a legal blow as a U.S. judge has denied his request to prevent the U.S. Securities and Exchange Commission (SEC) from obtaining certain documents related to the firm’s operations. The documents in question are being sought from the Monetary Authority of Singapore (MAS), per a Bloomberg report. According to court records, the U.S.…

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MEXC, in Partnership with Core DAO, Pledges $200 Million in Funds to Boost Ecosystem Development

[ad_1] Advertisement &nbsp &nbsp The Ecosystem Fund aims to support decentralized applications (DApps) built on Core Network Layer-1 blockchain while also deploying capital through incubation, investment, grants, hackathons, and educational programs. M-Ventures, the venture capital and incubation arm of MEXC, Core DAO and Bitget, announced the launch of a $200 million ecosystem fund to support…

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[cryptotimes]

Privacy, scaling drives use cases for zero-knowledge technology

[ad_1] A quarterly report focused on zero-knowledge (zk) technology indicates that privacy, scaling and identity solutions are major drivers of adoption in the blockchain space. Validator service provider zkValidator report’s titled ‘The State of ZK’ delves into insights from the zk space, highlighting major and emerging use cases, research, product launches and notable investment rounds. The…

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Analyst Says Top Ethereum Rival Set for Rapid Growth As On-Chain Metrics Signal Health

[ad_1] A popular crypto analyst thinks Ethereum (ETH) challenger Solana (SOL) is gearing up for rapid growth as two on-chain metrics flash bullish signals for the smart contract protocol. In a new YouTube video, the anonymous host of InvestAnswers tells his 443,000 subscribers that he’s keeping a close watch on Solana’s daily active users count and the number of new wallets created on the…

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Ethical considerations in AI development and deployment

[ad_1] Regulatory frameworks can be crucial in ensuring AI’s ethical development and deployment by setting standards and guidelines that promote accountability, transparency and fairness in using AI technology. By setting standards for transparency, mitigating bias and discrimination, ensuring privacy and data protection, promoting ethical decision-making, and providing monitoring and…

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Banks face further pressure as front end of the yield curve surges past 5%

[ad_1] Quick Take The market is reversing the assumed fed pause and the aggressive subsequent rate cuts for the second half of 2023. The three and six-month T-Bill is now above 5% for the first time in over 15 years. On top of that, the 3-month/ 10-year U.S. treasury spread is the deepest inversion for over 30 years. The market is signaling huge policy errors by the Fed. Investors are rushing…

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Crypto lender Babel gets extended creditor protection in Singapore

[ad_1] Troubled cryptocurrency lending firm Babel Finance has more time to repay debts to creditors like Deribit after suspending withdrawals in 2022. A court in Singapore has extended creditor protection for Babel Finance by another three months, Bloomberg reported on April 18. According to Babel co-founder and former CEO Flex Yang, the moratorium will last until July 21, enabling the firm to…

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Fake Elon Musk Crypto Coins Pumping on X.AI News

[ad_1] Source / Sam Cooling Elon Musk’s new AI venture, X.AI, sparks a frenzy of fake crypto coins. Don’t fall for the scams – we reveal five legitimate AI projects worth investing in. The Dogefather – Elon Musk recently founded X.AI, an artificial intelligence company aiming to revolutionize the AI landscape. Musk’s new venture has generated significant buzz, as people speculate about its…

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Core DAO partners with Bitget and MEXC to launch $200M ecosystem fund

[ad_1] Core DAO, an organization committed to the development of the Satoshi Plus ecosystem, has introduced a $200 million Ecosystem Fund aimed at speeding up the development of decentralized applications and protocols built on the Core layer-1 blockchain.  According to two press releases seen by Cointelegraph, one from CoreDAO and one from Bitget, The Ecosystem Fund — which is supported by…

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SHIB Lead Developer Calls Popular YouTube Influencer A Waste of Time

[ad_1] The popular meme coin SHIB recently faced issues due to the controversy surrounding the Shibarium code. But the latest on the layer 2 network is that its beta launch will hit the metaverse this week. But while the anticipation grows within the community, some crypto enthusiasts are seemingly unaffected. In a recent development, a famous YouTube influencer shared his skepticism of SHIB,…

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Playboy Loses Nearly $5 Million on Ethereum ($ETH) Accepted for NFT Collection

[ad_1] The parent company of Playboy, PLBY Group, has reported an impairment loss of $4.9 million on the Ethereum ($ETH) it held last year, which was received after it accepted the cryptocurrency as a payment method for a non-fungible token (NFT) collection. Back in 2021, PLBY Group accepted Ethereum as payment for its “Rabbitars” NFT collection, and has seen been holding onto the cryptocurrency…

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BitGo patches critical vulnerability first discovered by Fireblocks

[ad_1] Cryptocurrency wallet BitGo has patched a critical vulnerability that could have exposed the private keys of retail and institutional users. Cryptography research team Fireblocks identified the flaw and notified the BitGo team in December 2022. The vulnerability was related to BitGo Threshold Signature Scheme (TSS) wallets and had the potential to expose the private keys of exchanges,…

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