Author: Digicoinvision
White House AI and crypto czar David Sacks has pushed back on growing fears that AI will wipe out large swathes of the workforce, arguing it still relies heavily on human supervision to generate real business value.His comments come after Microsoft researchers unveiled a list of the 40 positions most likely to be replaced by AI, some of which are roles also found within the crypto industry. But Sacks said the “AI job loss narrative is overhyped,” pointing out in a Saturday post on X that AI still needs to be prompted and verified to “drive business value.”AI does the middle-to-middle…
Community organizers are the glue that holds the Ethereum ecosystem together, and whether they’re leading large-scale events, local meetups, hackathons or seminars, we might all be wandering in the dark forest of the analog world without them. But where’s the fun in relying on chance encounters with kindred spirits identified by a telltale laptop sticker, or that indefinable air of cryptocool? Although major events tend to generate more buzz, not everyone can travel halfway across the world for a conference. Smaller events play a crucial role in making Ethereum inclusive, accessible and cohesive: anyone with an internet connection and a…
Key Takeaways Conflux saw heightened volatility toward the end of July, with a false breakout from the triangle pattern. As the price approaches the pattern’s apex, the chance of a breakout increases. Conflux [CFX] was trending higher and had made extraordinary gains in July. The L1 blockchain native token recorded a 297% move from the $0.07 low to the $0.28 high of July. The swing high could be a sore spot for bullish CFX traders, as the token saw an immediate retracement back toward $0.18 on the 29th of July. The price action of the past ten days has resembled…
Blockchain technology can help modernize the US electrical grid by marshaling human labor and stranded resources to create decentralized energy infrastructure, according to Cosmo Jiang, a general partner at venture capital firm Pantera.“All of civilization from the beginning of time has been built on the coordination of incentives, and blockchain is just a new way to incentivize people in a decentralized way that wasn’t possible before,” Jiang told Cointelegraph in an interview. The VC explained that companies in the gig economy have devised ways of allowing people to monetize their free time and resources outside of their normal working hours through…
XRP is accelerating in adoption as institutional confidence rises, legal clarity deepens, and ETF buzz builds—while the SEC faces a tightening August deadline in court. Deadline Pressure Builds on SEC in Ripple Case While XRP Gains Traction The crypto community remains closely focused on the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple, hoping […]
Solana (SOL) is gaining momentum as the digital asset manoeuvres a crucial turning point amid institutional participation and investor sentiment. According to data reported today by market analyst Crypto Patel, Solana witnessed a massive increase in open interest and futures trading volume on the CME platform last month, indicating rising expectations of a possible approval of a spot Solana ETF. Solana is Heating Up 🔥Futures trading for $SOL on CME jumped by 252% in July, reaching a huge $8.1 billion in volume.That’s a clear sign big investors are paying attention.Could Solana be the next big winner this cycle? pic.twitter.com/6vDfa71B6u— Crypto…
Solo miners have been defying the odds, successfully claiming full Bitcoin block rewards even as the network hashrate hovers near all-time highs.As of this writing, the Bitcoin (BTC) network’s hashrate is hovering around 902 exahashes per second (EH/s), just below its all-time peak, according to Blockchain.com. The figure shows growing competition and higher difficulty, suggesting that single miners face steep odds to win a block.However, last week, a solo miner defied these odds, securing block 907,283 via the Solo CK pool and earning the full 3.125 BTC reward, worth over $372,000 at the time. The miner also received an additional…
Key takeaways:Bitcoin’s 50-day EMA bounce aligns with a bullish pattern targeting $148,000.Old whale’s 80,000 BTC selloff marks third profit wave, often a prelude to a recovery.Bitcoin (BTC) has dropped by 7.50% three weeks after establishing its record high at around $123,250. But analysts say this may be the final shakeout before a breakout toward $150,000.BTC holds critical moving average supportOn Sunday, Bitcoin retook its 50-day exponential moving average (50-day EMA; the red wave) as support after briefly dipping below it a day prior. BTC/USD daily price chart. Source: TradingViewThe 50-day EMA has served as a reliable support level for initiating…
Important Update On July 21, 2021, a consensus issue was identified on the Ropsten network, where the go-ethereum, Erigon and Nethermind implementations had different transaction validation logic than Besu and OpenEthereum. New versions of the affected clients have been released and are linked in the “Client Versions” table below. The block number for London is unchanged, and still is 12 965 000. Node operators using an affected client MUST upgrade to the latest version. An overview of the issue is provided in the “Ropsten Consensus Issue” section. London After a successful testnet deployement, the London upgrade is now ready to…
Blockchain technology can help modernize the US electrical grid by marshaling human labor and stranded resources to create decentralized energy infrastructure, according to Cosmo Jiang, a general partner at venture capital firm Pantera.“All of civilization from the beginning of time has been built on the coordination of incentives, and blockchain is just a new way to incentivize people in a decentralized way that wasn’t possible before,” Jiang told Cointelegraph in an interview. The VC explained that companies in the gig economy have devised ways of allowing people to monetize their free time and resources outside of their normal working hours through…