We will be releasing one real-world use case for AI and cryptocurrency every day this week. This includes why you shouldn’t believe the hype. Today: How blockchain fights fakes Generative AI is very good at generating fake everything: fake photos, fake letters, fake bills, fake conversations. Near co-founder Illia Polosukhin warns that soon we won’t know what content to trust.“If we don’t solve these reputation and content authentication (problems), things are going to get really weird,” explains Polosukhin. “When you get the call, you might think it’s from someone you know, but that’s not the case.” “Every image you see,…
Author: Crypto Flexs
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Recently, the cryptocurrency community witnessed a notable event as a dormant Bitcoin whale returned to the market after being inactive for nearly four years. According to data Crypto analytics platform Lookonchain reported that the mysterious entity transferred 3,623 BTC worth approximately $136.94 million to two newly created wallets. Market Speculation and Potential Impact The mystery investor initially accumulated Bitcoin holdings costing an average of $6,889 per unit between October 25, 2018 and December 31, 2019. Initially, the total investment was approximately $24.96 million. However, given current market conditions, this investment is expected to grow significantly and currently generate approximately $112…
@NFT Account Returns to Instagram – Chainwire housenewsroomThe @NFT account is back on Instagram. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences that have not been requested by subscribers…
reporter Posted on: November 30, 2023 Our new roadmap can reduce transaction costs to $0.001. Developers will have access to multiple nodes while opBNB is “high performing.” November 29 Smart Contract Blockchain Ecosystem BNB Chain has announced a roadmap for its Layer 2 (L2) scaling solution. opBNB. BNB Chain introduced opBNB last June. Specifically, the project uses optimistic rollups to reduce costs and deliver high throughput as part of its mission to drive blockchain innovation. But at the time, it was unclear what L2 would bring. which roadmap Disclosure seems to have solved that problem. Savings starts now According to…
in the next few months GörliEthereum’s first multi-client testnet, is discontinuing support for clients and the EF test team.. The Dencun network upgrade will be the last upgrade implemented on the network. 3 months after Goerli Dencun activation or 1 month after Dencun mainnet activation, whichever is later.The team starts leaving the validator (1). Anyone using Goerli as their stable testnet will need to migrate elsewhere before this. Goerli staking is permissionless, but validators from clients and test teams hold an absolute majority of the stake. Therefore, their departure affects the stability of the network. The team also plans to…
Grand Cayman, Cayman Islands, November 30, 2023, Chainwire Sui, a pioneering layer 1 blockchain and smart contract platform created by the technology team emerging from Meta’s Diem blockchain project, has accelerated beyond expectations in just six months since its mainnet launch, reaching a Total Value Locked (TVL) of 150 million. It has surpassed the dollar. DefiLlama, the leading DeFi aggregator. This important milestone, which now places Sui in TVL’s top 20 blockchains, marks a growing DeFi ecosystem powered by a rich developer talent pool and an ever-strengthening community. In addition to the TVL trajectory, which is up over 500% since…
Posted 1 minute ago In ~ MicroStrategy, the software company best known for its Bitcoin holdings, has purchased more of the digital asset and may raise additional funds through the sale of new shares.The company said in its filing that it purchased an additional 16,130 bitcoins between Nov. 1 and Nov. 29 for $593.3 million, at an average price of $36,785 per token. Founder and Chairman Michael Saylor said: post InThe company said it could raise up to $750 million through the sale of new Class A common stock. Bitcoin BTC -0.07% It was trading roughly flat at $37,652 at…
Michael Saylor’s digital software giant purchased 16,130 BTC, bringing the company’s total Bitcoin holdings to over $6 billion at current prices. MicroStrategy, one of the largest corporate holders of Bitcoin (BTC), has purchased more of the cryptocurrency’s main token by market capitalization, according to founder Michael Saylor and a Nov. 29 filing with the Securities and Exchange Commission (SEC). Saylor’s company purchased an additional 16,130 BTC at an average price of $36,785 per Bitcoin. This scoop brings MicroStrategy’s total Bitcoin portfolio to approximately 174,530 coins acquired at an average price of $30,252. As crypto.news reported, MicroStrategy has spent $5.3 million…
The Ordinals protocol was introduced to Bitcoin in early 2023 at a most opportune time. Bitcoin had nearly two years of low transaction fees from the lack of demand to actually send Bitcoin transactions. Bitcoin is considered to be the most secure blockchain in the world, but that security depends on miners who receive their revenue from transaction fees and block rewards. As part of the predetermined supply schedule, the block rewards are expected to be halved around April 2024 which would further drastically cut the miner revenue. To support the miners, Bitcoin needed something new to spur growth, and…
Notably, in September, BTC recorded a 4% price increase, marking the first September price increase since 2016. This welcome development brought relief to digital asset market capitalizations following two consecutive negative months in July and August.Bitcoin is leading this upward trajectory, as evidenced by the Bitcoin Dominance Index, which measures the relationship between Bitcoin’s market capitalization and the overall digital asset market capitalization. Bitcoin dominance rose to 50.4% from 49.9% at the end of last week, demonstrating its relative strength compared to the broader digital asset market. Despite encouraging price action, trading volume was noticeably down. Daily trading volumes on…