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Nvidia CTO Believes Cryptocurrencies Are Useless for Society
According to the CTO of Nvidia, Michael Kagan, cryptocurrencies offer no useful contributions to society, despite the company continuing to sell its processors to miners. Kagan believes that a chat bot with artificial intelligence, such as ChatGPT, would be far more beneficial than cryptocurrency ...
Circle Reduces USDC Stablecoin Supply by $2.1 Billion
Circle, the issuer of the USDC stablecoin, has announced a reduction in the number of USDC in circulation. In the past week, Circle issued 500 million USDC while withdrawing 2.6 billion USDC from circulation, resulting in a $2.1 billion reduction in supply. As of March 17, there were still $34 ...
Fujitsu Applies for Cryptocurrency Brokerage Services Patent with USPTO
Fujitsu, the renowned Japanese technology conglomerate, has applied for a patent with the US Patent and Trademark Office (USPTO) to offer brokerage services for cryptocurrency trading. As part of the application, Fujitsu revealed a distinct logo that features the word "FUJITSU" with a stylized s- ...
Binance Opens Blockchain Hub in Georgia to Attract Talent and Drive Crypto Adoption
Binance, a leading cryptocurrency exchange, has made an exciting announcement regarding its plans to establish a new hub in Georgia. The main goal of this new center will be to attract talent within the blockchain technology field, while also promoting education and public initiatives related to ...
Crypto Expert Craig Wright Dismisses USDT Stablecoin as a “Walking Dead Coin”
The entrepreneur from Australia, who has made a name for himself in the crypto community as "the self-proclaimed Satoshi Nakamoto," recently expressed criticism towards the USDT stablecoin on social media. This reaction came in response to comments made by Mr. Whale, a prominent crypto expert, wh ...
FTX’s Customer Problems Could Extend Crypto Winter Until End of 2023, According to Coinbase Analysts
According to the Coinbase team, FTX's recent customer problems are just the beginning of a much larger issue in the world of cryptocurrency. They suggest that "second order effects" will extend the crypto winter until the end of 2023. This is due to the fact that a significant amount of funds fro ...
Ethereum Foundation Doubles Bug Bounty for Shapella Hard Fork
The Ethereum Foundation has announced a significant increase in the maximum reward for identifying vulnerabilities, doubling it to $500,000 ahead of the eagerly anticipated Shapella hard fork on April 12th. This upgrade, which combines the names of the Capella and Shanghai forks, has been long-aw ...
Ethereum Co-Founder Refutes Claims of ETH Being a Security
According to Joseph Lubin, co-founder of Ethereum, ETH should not be considered a security but rather a highly liquid product. In contrast to some officials' opinions, Lubin believes that air is not a security and that everyone is entitled to their own opinion, but that does not necessarily make ...
Understanding the Prospects and Challenges of Tron, Solana, and ETH2 in the Crypto Market
Upon analyzing the latest trends concerning Tron, Solana, and ETH2, it becomes clear that many of the predictions have already been successfully implemented. However, certain aspects can only be noticed through numerical designations. To provide a better understanding, it would be helpful to pres ...
Cryptocurrency traders lose $259.8 million in a day after Fed rate announcement
According to data from the Coinglass analytical platform, traders lost a staggering $259.8 million in just a single day due to the fluctuation in cryptocurrency rates. On March 22, the value of bitcoin rose to nearly $29,000, but after the US Federal Reserve System (FRS) announced an increase in ...
