Auto Added by WPeMatico

Elliptic Taps Artificial Intelligence (AI) to Crack Down on Bitcoin Money Laundering

Blockchain analytics company Elliptic said that its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored…

Continue ReadingElliptic Taps Artificial Intelligence (AI) to Crack Down on Bitcoin Money Laundering

Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings

This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming…

Continue ReadingIris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings

Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik

According to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its inner workings for…

Continue ReadingPrioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik

Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue

Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division,…

Continue ReadingMeta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue

‘Real-World Implementations of Both AI and Web3’ Fuel AI Tokens’ Rally, Says Daniel He

With socialfi platforms, financial incentives serve not only as a reward mechanism for content creators but also “fundamentally transform the engagement model for all users,” Daniel He, the CEO of…

Continue Reading‘Real-World Implementations of Both AI and Web3’ Fuel AI Tokens’ Rally, Says Daniel He