The crypto world now boasts a staggering 88,200 crypto-millionaires scattered across the globe, according to the latest Crypto Wealth Report. This burgeoning class of wealth holders has seen their fortunes swell thanks to the ever-expanding digital asset universe. Astonishingly, half of these newly minted millionaires have pinned their financial dreams on Bitcoin (BTC), the world’s […]
The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from Berenberg Capital. On Sept. 6, the U.S. Financial Accounting Standards Board (FASB) approved new rules for cryptocurrencies with regard to how companies report the fair value of their […]
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Projections released by the newly launched Global AI Ecosystem open-source knowledge platform indicate that the UK’s AI sector is set to skyrocket from £1.36 trillion ($1.7 trillion) to £2.4 trillion ($3 trillion) by 2027. The findings suggest the UK is set to remain Europe’s AI leader and secure third place in the global AI race […]
Bitcoin is currently in a very wobbly position. The price action remains just above fragile support in the $25,000 area. Its loss could lead to a sharp decline. On the other hand, the uptrend, which has been in place since the beginning of 20203, does not seem to be broken. There is a chance that […]
Speech carries more information than writing since it takes semantic and paralinguistic information like tone. Additionally, speaking is a more practical and organic approach for people to communicate with AI. Consequently, following speech-and-language guidelines while creating a general-purpose assistant is essential. However, most big language models only accept text input, limiting their potential. Although multi-modal […]
The startup, one of very few woman-led AI unicorns, has a $1 billion valuation and access to 10,000 Nvidia H100 GPUs, but its founders say it could be years away from revealing a product. by Alex Konrad, Forbes Staff and Kenrick Cai, Forbes Staff It was at a San Francisco party hosted by Greg Brockman […]
The Bitcoin network is currently overwhelmed with a backlog of unconfirmed transactions, with the average confirmation time hovering above 10.4 minutes. According to Mempool, there are around 560,000 transactions waiting to be confirmed on the Bitcoin protocol, whose memory usage has surged past 300 MB to 1GB, and transaction fees spiked to 20 satoshis per […]
A group of Nigerian digital asset professionals took to the stage at the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)’s Digital Assets Summit 2023 in Abuja, to discuss the future of digital asset regulation in Nigeria. In the panel titled The Future of Digital Assets: Regulatory Uncertainty and the Way Forward, the group discussed […]
Courts in the United States have frozen the financial assets of former Celsius CEO Alex Mashinsky. Former FTX CEO Sam Bankman-Fried’s appeal of his bail revocation has been deemed “meritless” by prosecutors in the case against him. Meanwhile, Grayscale told a U.S. securities regulator it has no legal leg to stand on to continue blocking […]
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