introductionThe online gaming environment has undergone tremendous changes with the advent of cryptocurrency and blockchain technology, giving rise to two unique gaming genres. These innovative gaming models have reshaped the way players interact with games, blurring the lines between entertainment and financial gain. These genres are not just a fad, they are an important part of the gaming industry.PLAY TO EARN GAMESP2E games that utilize blockchain allow players to earn digital assets or cryptocurrency through gameplay. These rewards can often be traded on various platforms, giving them real monetary value. This model introduces a new economic dimension to games where…
Author: Crypto Flexs
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The integration of artificial intelligence (AI) into healthcare is revolutionizing medical diagnosis. An important recent advancement in this field is the Articulate Medical Intelligence Explorer (AMIE), a Large Language Model (LLM)-based AI system optimized for diagnostic conversations. Research paper titled Towards Conversational Diagnostic AI Learn more about AMIE’s features, performance, and future impact. AMIE Creation and Training Developed by Google Research and DeepMind, AMIE represents a new frontier in healthcare AI. Unlike existing medical AI systems that focus on medical summaries or question and answering, AMIE is designed for diagnostic conversations and inferences. AMIE is trained on a mix of…
After FTX collapsed, disdainful critics widely derided Caroline Ellison’s approach to stemming the losses. She infamously told an audience during FTX’s heyday: ‘I don’t think it’s an effective risk management tool.’ But did she have a point?Entering the cryptocurrency asset management space presents a unique set of challenges that differ significantly from the traditional treasury space. In this primer, we will examine the obstacles aspiring fund managers face when launching a Bitcoin sector fund and examine the key differences that exist when breaking away from the world of traditional asset management.Volatility and Risk ManagementOne of the most important challenges facing…
In a significant move that reflects growing scrutiny of cryptocurrency operations, Google has removed several cryptocurrency-related applications from the Play Store in India. The move follows a series of warning notices sent by the Indian Finance Ministry to nine virtual digital asset (VDA) service providers last month, citing possible violations of India’s anti-money laundering regulations. Apple Inc. previously took a similar move, pulling major foreign cryptocurrency exchanges such as Binance, Kucoin and OKX from the country’s App Store. The crackdown affected several popular applications, including Binance, Kucoin, Houbi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex. These platforms reportedly operated…
Cryptocurrency advocacy group Coin Center responded to a strongly worded letter from Sen. Elizabeth Warren (D-Mass.) demanding to know how many former government officials were hired to undermine legislative efforts. In response, the group He either refused to answer her questions or quit the job. Last December, Warren sent a letter questioning cryptocurrency exchange Coinbase and several industry groups. It is “wielding a secret weapon,” hiring former Pentagon and law enforcement officials in an attempt to undermine congressional efforts to address the role of cryptocurrencies in financing terrorist groups, including Hamas. “This revolving door of abuse is appalling and shows…
More than 650,000 staked Ethereum worth about $1.6 billion was redeemed last week. This is the largest repayment since the Shanghai upgrade was completed last year.According to a Dune Analytics dashboard shared by 21 Shares analyst Tom Wan, bankrupt cryptocurrency lender Chelsea and staking service provider Figment were the main reasons for this significant surge in redemptions. Together, they orchestrated withdrawals of a total of 563,300 staked ETH, representing a whopping 85% of total redemptions during the reporting period.Withdrawal of staked Ethereum. (Source: Tom Wan)CryptoSlate It highlighted the role these companies played in driving Ethereum’s validator exit to an all-time…
The introduction of MANTA to Binance Launchpool is a big step towards solving the challenges of the ZK ecosystem. Binanceis one of the world’s leading cryptocurrency exchanges. revealed Launchpool’s 44th project – Manta (MANTA). This new addition to the Binance ecosystem promises to be a game-changer by introducing a modular layer 2 (L2) solution tailored for zero-knowledge (ZK) applications. Staking and Farming MANTA According to the announcement, users wishing to participate in the MANTA Launchpool can farm MANTA tokens over two days, starting at 00:00 (UTC) on January 16, 2024, by staking their BNB and FDUSD tokens in separate pools.…
The U.S. Securities and Exchange Commission’s (SEC) approval of the first spot Bitcoin exchange-traded fund (ETF) was a landmark event in the cryptocurrency world. Renowned institutions such as BlackRock, ARK Invest, Fidelity, VanEck, and Invesco are licensed to offer these innovative financial products. This guide aims to comprehensively explain how you can invest in these groundbreaking products.Understanding Bitcoin ETFsHolding Bitcoin ETFs vs. Holding Bitcoin DirectlyBitcoin ETFs allow investors to gain exposure to Bitcoin without the complexities of managing cryptocurrency wallets or dealing with cold storage. This is particularly attractive to registered investment advisors (RIAs), retirement funds and investors who were…
More than $4 million in cryptocurrency assets was recently stolen in a phishing scam via smart contract platform Solana (SOL), according to new data from a cybersecurity firm. In the past month alone, malicious actors have used a variety of phishing methods to steal $4.17 million worth of digital assets from approximately 4,000 victims via the Solana blockchain, security firm Scam Sniffer said in a new blog post. They said they were able to steal it. “Scam Sniffer first became aware of this when a victim reported an airdrop phishing incident to (SlowMist founder) evilcos. The victim, a ZERO token…
Cryptocurrencies have taken the world by storm in recent years, and more and more people are using digital currencies as a way to invest and make money. One of the most talked about cryptocurrencies is DarkShibe, a unique and powerful coin with the potential to make investors a lot of money. In this guide, we’ll take a closer look at DarkShibe and show you how to unleash its power to dominate the cryptocurrency market. What is DarkShibe? DarkShibe is a relatively new cryptocurrency that is gaining a lot of attention in the market. This is based on the popular Shiba…