This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Click here to download a PDF of this article.Tuesday, August 29th @ 11:36 AM The following is an interview with Brian Consolvo, Principal–Technology Risk at KPMG. He is a co-author of KPMG’s new report “Bitcoin’s role in the ESG imperative” alongside KPMG’s Director of ESG and Climate Advisory Kirk-Patrick Caron. The report is a significant milestone in mainstream Bitcoin discourse, particularly on environmental grounds, and represents a point of convergence between pro-Bitcoin environmental advocates and a wider swath of the professional world…
Author: Crypto Flexs
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Looking for Ethereum. Now that The Merge is complete, a huge weight (measured in tons of CO2) has been removed from the collective conscience of the Ethereum community. And the world is watching to see what this community will do next. There is a unique opportunity in the current ecosystem to show skeptics what Ethereum can do: how it can use the underlying trust layer of the open internet to solve the big coordination problems we have yet to solve. The road to Serenity is long, and Ethereum’s impact on human institutions, society, and economic scale is still small. In…
Ethereum price is falling below the $2,250 support. ETH now risks further downside below the $2,120 support. Ethereum has had trouble starting a new rally above the $2,250 resistance level. The price is trading below $2,250 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major descending channel forming with resistance near $2,225. A break below the $2,120 support zone could lead the pair to continue falling. Ethereum price takes a hit Ethereum price attempted a new rise above the $2,120 and $2,150 levels. ETH rose to the $2,200 level, but bears…
Senior UK judges have published extensive advice on the appropriate use of artificial intelligence (AI) for judges and magistrates in England and Wales. This is an important step for the UK legal system. The effort to integrate artificial intelligence technologies within the legal framework while also addressing possible risks and ethical issues represents a pioneering effort. The interjurisdictional judicial body is responsible for launching guidance to courts in England and Wales, providing guidance on how to use generative artificial intelligence systems such as OpenAI’s ChatGPT in an acceptable manner. It does not specifically restrict the use of these systems to…
The UK is experiencing a much faster growth rate than all other major countries when it comes to cryptocurrencies. The UK has said it wants to become a major global cryptocurrency technology hub and first announced this in April 2022. So it would not be particularly surprising to see the UK outpacing the growth of other top cryptocurrency countries so far this year. UK growing fastest According to Altindex.com, first reported by the Cyprus-based Financial Mirror, the UK’s cryptocurrency sector “generated $1.9 billion in revenue this year.” This represents “a 137% year-on-year growth from $800 million in 2022.” . This…
USA, December 122023 / AlexaBlockchain/ – Cloudminer is a leading digital finance company specializing in providing innovative cloud mining services. Cloudminer provides investors with a convenient and stable experience in Bitcoin mining through advanced technology and efficient operations. As an industry leader, Cloudminer is committed to streamlining the Bitcoin mining process, making it easy for investors to join the cloud without worrying about the complexities of hardware management and maintenance. Cloudminer allows investors to generate stable passive income and explore a broader range of investment opportunities in the cryptocurrency space. CloudMiner’s Investment Plan Here is a brief overview of CloudMiner’s…
Bitcoin (BTC) speculators panicked and sold as BTC price corrected to $40,000, according to the latest on-chain data.Short-term holders (STH) offloaded more than $2 billion of BTC on December 12 alone, according to figures from on-chain analytics firm Glassnode.Bitcoin Short-Term Holders Break 18-Month Sales RecordBitcoin recorded its biggest one-day decline of 2023 this week, falling a total of 8.1% at one point, according to data from Cointelegraph Markets Pro and TradingView.BTC/USD 1 week chart. Source: TradingViewIn response, the more speculative subsections of the Bitcoin investor base have followed suit, reducing their exposure in what appears to be a callous attitude…
Cardano (ADA) price is down today, down 7.75% in the last 24 hours, hitting $0.55 on December 13.ADA/USD 4-hour price chart. Source: TradingViewLet’s discuss the factors driving Cardano prices down recently.Overbought correctionFrom a technical perspective, today’s price drop in ADA is part of a correction cycle that began on October 9, when the price of ADA reached an 18-month high of $0.64. On the short-term charts, traders took profits as Cardano’s Relative Strength Index (RSI) crossed 70 and became “overbought.”An RSI reading above 70 means that the asset you are trading is overvalued and may experience a trend reversal or…
Wikipedia co-founder Jimmy Wales took to I did. He lost his bank password. Wales’ comments did not resonate well with the Bitcoin and cryptocurrency community at large, who criticized the Wikipedia co-founder for relying on donations for day-to-day operations.Wales sarcastically said in his mocked. tea.”I forgot my bank password and lost my entire net worth. No, that didn’t actually happen. Because banks work and Bitcoin doesn’t.— Jimmy Wales (@jimmy_wales) December 10, 2023 The Bitcoin community accused the Wikipedia co-founder of attacking BTC without cause. This reminded Wales that while banks may work, they are not for everyone and many people…
Microsoft Research has announced the release of Phi-2, a small language model (SLM) that demonstrates surprising capabilities for its size. The model, launched today, was first unveiled at Microsoft’s Ignite 2023 event, where Satya Nadella highlighted its ability to achieve state-of-the-art performance with just a fraction of the training data.Unlike GPT, Gemini, and other large language models (LLMs), SLMs are trained on limited data sets that use fewer parameters and require less computation to run. As a result, it is a model that cannot generalize as well as large-scale language models, but in the case of Phi, can be very…