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Among the bets the characters made in the animated series included whether a fictional baby was a boy or a girl. Source: cointelegraph.com (Read Full Article)
Crypto Exchange KuCoin Hit With Record Anti-Money Laundering Penalty in Canada
KuCoin has filed an appeal after getting slapped with a $14 million anti-money laundering penalty from a Canadian financial regulator. Source: decrypt.co (Read Full Article)
What a shortcut for ETF approvals could mean for crypto
Experts weighed in on how a recent policy change at the US Securities and Exchange Commission could affect retail crypto investors. Source: cointelegraph.com (Read Full Article)
“How Implementing Proof-of-Work in AI Networks Can Revolutionize Hardware Innovation: A Bitcoin-Inspired Approach to Making AI Computing More Accessible and Affordable”
The article discusses the importance of implementing a proof-of-work system in Artificial Intelligence (AI) networks, similar to what Bitcoin has done to drive hardware innovation. While Bitcoin’s proof-of-work has led to a significant efficiency boost by incentivizing miners to process blocks more efficiently over the years, AI networks currently rely on expensive, general-purpose chips. Emulating Bitcoin’s approach could lead to the development of specialized AI processors through competition among hardware manufacturers for efficiency and cost-effectiveness, ultimately making AI computing more accessible and affordable. The article also warns against using proof-of-stake systems in AI projects, emphasizing the need to reward those who contribute to building better hardware rather than token holders. By adopting a proof-of-work model in AI networks, there is potential for exponential growth in computing power, making AI models more cost-effective and widely available. The authors encourage individuals to engage in proof-of-work AI projects early on to benefit from the emerging opportunities in this evolving field. [Original Post] Generated by DMK News Bot
HSBC claims a quantum breakthrough in algorithmic trading
Researchers at banking giant HSBC said they successfully applied quantum computers to algorithmic bond trading in an experimental test. Source: cointelegraph.com (Read Full Article)
AI Doomer Still Starving During Week Four of Anthropic Hunger Strike
Anthropic protestor Guido Reichstadter’s hunger strike is still going strong after fellow AI naysayers ended their own public demonstrations. Source: decrypt.co (Read Full Article)
China opens Shanghai digital yuan hub for cross-border, blockchain services
China launched a digital yuan operations center in Shanghai focused on cross-border payments, blockchain services and digital-asset platforms. Source: cointelegraph.com (Read Full Article)
Aave’s V4 protocol upgrade is coming: Here’s what to expect
The update promises major changes to improve user experience and introduces a modular design, replacing Aave’s monolithic architecture. Source: cointelegraph.com (Read Full Article)
BlackRock chases Bitcoin yield in latest ETF as a ‘sequel’ to IBIT
BlackRock filed a registered trust company to back its proposed Bitcoin Premium Income ETF, a yield-generating product that would complement its $87 billion spot Bitcoin ETF, IBIT. Source: cointelegraph.com (Read Full Article)
Feds Charge Brothers in Alleged $8 Million Crypto Kidnapping of Minnesota Family
The brothers held the family at gunpoint for nine hours until the father transferred the crypto to their digital wallets. Source: decrypt.co (Read Full Article)