The director of Bitcoin mining analytics at the TBC said he was opposed to the Fed’s exploration of a central bank digital currency and planned to push for “digital freedom.”
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UK bill on online safety should apply in the Metaverse, say lawmakers
Several members of the House of Lords voiced concerns around children's online activities in legislation aimed at regulating “anything communicated by means of an internet service”.
Bitcoin price rallies to $31.8K, but derivatives data highlights BTC bears’ advantage
Bitcoin’s price is following in XRP’s footsteps by rallying close to $32,000, but the price could pull back in the face of this week’s $720 million options expiry.
Bitcoin price rallies to $31.8K, but derivatives data highlights BTC bears’ advantage
This July 14 Bitcoin weekly options expiry holds the potential to be a significant turning point for market sentiment, potentially leading to a breach below the crucial $30,000 support level.
Despite the initial bullish surge triggered by the spot Bitcoin exchange-traded fund (ETF) requests, the recent macroeconomic data has not been favorable for risk-on assets.
Analyzing market sentiment is crucial in assessing the chances of Bitcoin (BTC) holding above $30,000 by July 14. This level acts as a threshold that could provide bears with a perfect opportunity to profit up to $120 million through the weekly option expiry.
Falling U.S. inflation is detrimental to Bitcoin in the short term
In June, the Consumer Price Index in the United States registered at 3.0%, the lowest level since March 2021. This was primarily due to a 16.7% decline in the energy index. While this indicates a slowdown in inflation, it remains above the Federal Reserve’s target of 2%, which is detrimental to Bitcoin, as higher interest rates incentivize investors to pivot into fixed-income investments.
One could argue that, in the short term, the lowering of inflation reflects a successful intervention by the Fed and could be viewed as a positive factor for Bitcoin’s bullish momentum. However, on July 12, the U.S. Dollar Index, which measures the dollar’s strength against major foreign currencies, reached its lowest level in 14 months.
CleanSpark’s Bitcoin mining capacity hits 8 EH/s as new facility goes live
The Bitcoin mining company kicked off the second phase of its mining campus in Georgia, gearing up for the next Bitcoin halving.
Coinbase's Base launches mainnet for builders, will onboard users in August
Base’s layer-2 mainnet has launched, allowing builders to deploy contracts, while users will be welcomed to the network in August.
Coinbase's Base launches mainnet for builders, will onboard users in August
Base’s layer-2 mainnet has launched, allowing builders to deploy contracts, while users will be welcomed to the network in August.
FTC takes aim at OpenAI's ChatGPT with lengthy criminal investigation questionnaire
The U.S. federal agency wants to know if the revolutionary AI tool has sound privacy practices and whether it has led to consumer harm.
First Bitcoin futures contract debuts in Argentina
According to Matba Rofex, the trading platform behind the investment vehicle, the first Bitcoin futures contract in Latin America has begun trading.
First Bitcoin futures contract debuts in Argentina
According to Matba Rofex, the trading platform behind the investment vehicle, the first Bitcoin futures contract in Latin America has begun trading.
US Attorney's Office announces charges against former Celsius CEO Alex Mashinsky
Authorities said they had reached a “non-prosecution agreement” with Celsius, but former CEO Alex Mashinsky will face criminal charges related to fraud and misleading users.
Breaking: Ripple wins case against SEC as judge rules XRP is not a security
CEO Brad Garlinghouse recently opined that the case would end soon, but the fight for crypto wasn’t over yet.
BTC price due for $31K as analyst says 'disinflation' boosting Bitcoin
Bitcoin and crypto markets seem ready to put in a "major move," commentary concludes, as BTC price action coils up below $31,000.
BTC price due for $31K as analyst says ‘disinflation’ boosting Bitcoin
Bitcoin (BTC) looked set to challenge range highs on July 13 as fresh macroeconomic data boosted risk asset bulls.
BTC/USD 1-hour chart. Source: TradingViewPPI shows U.S. inflation retreating beyond expectations
Data from Cointelegraph Markets Pro and TradingView followed the market as the BTC price focus shifted above $30,500.
United States Producer Price Index (PPI) numbers released on the day again came in below expectations, aiding rapidly abating inflation forecasts.
With two weeks to go until the Federal Reserve decided on interest rate policy, however, markets themselves remained convinced that another hike would come next — despite the PPI and Consumer Price Index (CPI) data from the day prior.
According to CME Group’s FedWatch Tool, bets on a 0.25% hike stood at almost 95% at the time of writing.
Breaking: Celsius Network fined $4.7B by FTC
The regulator said Celsius "squandered billions in user deposits" after "duping" customers into depositing funds.
Exec shares process of setting up a business in Switzerland with Bitcoin
Pietro Poretti, the city of Lugano’s director of the economic development division, said that their goal is to allow people to live in the city using only Bitcoin.
USB keystroke injectors still a threat to crypto users
USB keystroke injection devices like the Diabolic Drive still pose a threat to unsuspecting users by installing malware to take over systems.
Experts want to give AI human ‘souls’ so they don’t kill us all
Some experts believe the alignment problem can be fixed by making AI more human — but others say that will just make things much worse.
Experts want to give AI human ‘souls’ so they don’t kill us all
Some experts believe the alignment problem can be fixed by making AI more human — but others say that will just make things much worse.
Experts want to give AI human ‘souls’ so they don’t kill us all
Until now, it’s been assumed that giving artificial intelligence emotions — allowing them to get angry or make mistakes — is a terrible idea. But what if the solution to keeping robots aligned with human values is to make them more human, with all our flaws and compassion?
Robot Souls book cover. (Amazon)That’s the premise of a forthcoming book called Robot Souls: Programming in Humanity, by Eve Poole, an academic at the Hult International Business School. She argues that in our bid to make artificial intelligence perfect, we have stripped out all the “junk code” that makes us human, including emotions, free will, the ability to make mistakes, to see meaning in the world and cope with uncertainty.
“It is actually this ‘junk’ code that makes us human and promotes the kind of reciprocal altruism that keeps humanity alive and thriving,” Poole writes.
“If we can decipher that code, the part that makes us all want to survive and thrive together as a species, we can share it with the machines. Giving them, to all intents and purposes, a ‘soul.’”
Of course, the concept of the “soul” is religious and not scientific, so for the purpose of this article, let’s just take it as a metaphor for endowing AI with more human-like properties.
