The future of AI depends on our ability to build a more inclusive, equitable, and decentralized computational landscape, says Mark Rydon, co-founder of Aethir.
U.K. government meets Big Tech—including a16z crypto: ‘Unlike in the U.S., it’s not political’
As crypto remains politicized in the U.S., across the pond, it’s bridging the gap.
Coinbase's 'Solid' Earnings May Get Derailed by Low Volume, Fed Headwinds, Analysts Say
The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income.
MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High
The broker raised its year-end price target for the software company to $2,150 from $1,875.
France Opens for MiCA Applications, First Among Biggest EU Economies
The French regulator has in the past welcomed crypto companies to register with it.
Coinbase expects US to be crypto-friendly irrespective of election outcome
The next U.S. administration will be "constructive" on crypto regardless of which party wins, Coinbase CEO Brian Armstrong said late on Thursday, underscoring the industry's growing political influence ahead of the November election. The highly volatile crypto sector is seen as a risky fringe industry and has drawn intense scrutiny from the U.S. Securities and Exchange Commission, which has accused it of flouting securities laws. The largest U.S. crypto exchange is fighting the SEC in court after the regulator sued Coinbase last year alleging it failed to register as an exchange.
Most Bitcoin Layer-2 Networks Won’t Survive: Galaxy Research
Bitcoin layer-2 scaling networks—particularly “rollups”—have been the talk of the town in crypto developer circles as a new means to keep Bitcoin payments cheap, fast, and decentralized. But despite their vaunted promise, data and analysis from Galaxy Research suggest the vast majority of Bitcoin rollups will be unsustainable. “Rollups on Bitcoin that post data to the base layer will face a significant problem: the cost to post data,” wrote Galaxy analyst Gabe Parker in a report published Friday...