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Category: Cryptocurrency

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Despite chip efficiency and a $63 million increase in revenue in 2022, Intel has discontinued Bitcoin mining chips

Efficient but costly, Intel ends its Blockscale 1000-series Bitcoin-mining ASICs amid focus on IDM 2.0 strategy. On April 18, Intel said that the first-generation Blockscale 1000-series Bitcoin-mining ASICs would no longer be available, despite the fact that the chips increased revenue and efficiency in 2022, up from 2021. Tom’s Hardware first reported the announcement, which…
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Dfinity Foundation’s “proof of green” initiative announces that ICP uses less energy than Cardano

Dfinity Foundation says ICP consumes less energy than Cardano, launches ‘proof of green’ initiative   Dfinity noticed a developing worry of “greenwashing” in the blockchain business as most organizations guarantee to be the most feasible. According to the Dfinity Foundation, a single Cardano (ADA) transaction uses 8,598 times more energy than a transaction on the…
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Company mail is converted into a Bitcoin lightning address by MicroStrategy

Since implementing the BTC standard in March 2021, MicroStrategy has invested $4.17 billion to acquire 140,000 BTC. Michael Saylor, chairman of MicroStrategy, said that the company changed his corporate email address to a Lightning address in reference to the company’s ongoing optimism regarding Bitcoin (BTC). In a tweet on April 17, the former CEO of…
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TruthGPT, according to Elon Musk, will combat “left-wing lies” in chatbots

Musk’s truth-seeking chatbot aims to reduce AI risk and reduce what he says is a left-wing bias. According to a report from FOX News on April 17, Elon Musk, CEO of Tesla and Twitter, has announced the launch of a brand new AI-powered chatbot called TruthGPT. Musk announces TruthGPT Musk stated in an interview with…
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5k ETH stolen from crypto veterans in mysterious MetaMask heists

A MetaMask developer claims that a sophisticated hacker used an unidentified method of attack to drain more than 5,000 Ethereum. According to MetaMask developer @tayvano_, an ongoing hack has stolen more than 5,000 Ethereum (ETH) and an unspecified number of tokens and NFTs from multiple chains since the end of last year. “I don’t know…
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Buffet says he can’t return to some time in the past on Bitcoin

The Berkshire Hathaway Chair likened interest in Bitcoin to the lure of easy money gambling. On Bitcoin, Warren Buffett stated that he does not know “how to turn the clock back.” The head of Berkshire Hathaway compared Bitcoin to roulette in an interview with CNBC, describing the leading cryptocurrency as a gambling token with no…
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Just 6 coins beat BTC in the beyond 24 hours

FTM, SOL, INJ, STX, CFX, and RNDR outperformed Bitcoin’s 6.41 percent rise to $30,000, making it the seventh best performer in the last 24 hours. Several other cryptocurrencies have outperformed Bitcoin in the past 24 hours as it approaches $30,000 in value. RenderToken (RNDR) gains nearly 17%, while Conflux Network and Stacks gain a significant…
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On Optimism, Hundred Finance was hacked, resulting in a $7 million loss

The most recent DeFi exploit targets the multi-chain lending protocol. On the Optimism layer-2 scaling solution, Hundred Finance, a multi-chain lending protocol for decentralized finance (DeFi) based on the veHND model, has experienced a significant security breach. The convention, which incorporates with Chainlink prophets to guarantee market wellbeing and soundness, declared by means of their…
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Elon Musk founded the new company X.AI, which will develop artificial intelligence

The news follows Musk’s decision to rebrand Twitter Inc. as X Corp. According to a recent company filing, Elon Musk, CEO of Tesla and Twitter, has established a new company that appears to be developing artificial intelligence (AI). Company will be headed by Musk The important recording, dated Walk 9 however recently publicizied, records Musk…
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As the Shanghai upgrade gets closer, the price of Ethereum falls below $1,900

Ethereum is down very slightly pending an event that will gradually unlock staked ETH. On April 11, the price of Ethereum (ETH) fell below $1,900, a minor loss in the hours leading up to the anticipated Shanghai upgrade of the blockchain. ETH market value falls below $1,900 In a short time, ETH’s market value dropped…
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