“Recently, the Bitcoin network reached a significant milestone – achieving the mining of the 800,000th block. This event is seen as a testament to the network’s resilience and security strength. However, questions regarding network’s high energy consumption and the implications of future block reward halving events make the situation complex.”
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UK Politicians Explore Metaverse: The Rising Divergence in Blockchain’s Value and Implications
UK politicians are exploring the potential implications of Web3 technology in reconstructing the internet’s framework. However, skepticism around the value of nonfungible tokens (NFTs) rises, as a study reveals most lack monetary value. These diverse perspectives highlight a divergence in perceptions about blockchain’s utility and value.
Waning or Waiting? The Future of NFTs Amid Surging Value Decline
The recent study reveals that a striking 95% of mainstream non-fungible tokens have considerably declined in value. While some NFT users believe this to be a temporary effect of the crypto winter and predict a recovery, others acknowledge the diminished value of their digital assets. This raises crucial questions about the future of the NFT marketplace.
NFTs: The Great Debate – Worthless Pixels or Million-Dollar Opportunities?
Recent study by dappGambl states that 95% of NFTs, held by over 23 million investors, hold no real value. The study sparked debate among the crypto community, invoking differing opinions about the future of NFTs and their potential worth. Some view it as an opportunity for a future rebound.
EU AI Act Compliance Crisis: How LLMs Fall Short and the Road to Improvement
A recent Stanford University study reveals a concerning lack of compliance with the EU AI Act among large language models, including GPT-4 and Google’s Bard. Researchers ranked ten major model providers on their adherence to the 12 requirements outlined in the AI Act, finding a pressing need for improvement even among high-scoring providers. The study highlights transparency and accountability as crucial aspects of responsible AI deployment.
Fahrenheit Consortium Acquires Bankrupt Celsius: Market Impact and Regulatory Challenges
Fahrenheit Consortium acquires bankrupt crypto lender Celsius, gaining control of a sizable liquid crypto pool and affecting its institutional loan portfolio. This unprecedented move raises questions about regulatory oversight and potential interventions in crypto-related bankruptcy cases.
INX Wallet & BitGo Partnership: Advancing Institutional Crypto Adoption Through Security
INX announces a new wallet designed for institutions, incorporating compliance features in partnership with BitGo. This wallet uses advanced multi-party computation (MPC) technology and meets cybersecurity/ custody standards within the financial sector for holding INX securities tokens.