Search Results for: RSI

This article investigates the environmental impact of Bitcoin mining, specifically at the Greenidge facility in upstate New York. Despite claims of environmental harm, many locals support Greenidge for its job creation and community investments. The piece explores the broader cultural and political implications of Bitcoin mining in the United States.

Worldcoin, co-founded by OpenAI CEO Sam Altman, raises $115 million for its decentralized World ID and World App, a crypto wallet. The project uses zero-knowledge proofs for digital identity security, but faces concerns about surveillance, personal data misuse, and censorship.

The latest Geth v1.12.0 update marks the end of proof-of-work (PoW) support in Ethereum’s execution layer client, as the network transitions towards a proof-of-stake system. This, along with other Ethereum client updates, aims to enhance overall network performance and stability, attracting investors and fostering future growth.

Binance introduces a groundbreaking feature, Binance NFT Loan, offering users the opportunity to secure ETH loans using their NFTs as collateral. This service merges decentralized finance with the rapidly-growing NFT sector, providing competitive interest rates, instant liquidity, zero gas fees, and liquidity protection. However, potential drawbacks include Ethereum market volatility and limited NFT collection support.

The 3XP Web3 Gaming Expo will showcase the potential of blockchain technology in gaming, featuring over 60,000 sq ft of immersive gameplay booths, live esports competitions, and insightful panels. Exhibitors include Horizon’s Sequence platform and Immutable’s intriguing game titles, highlighting digital ownership and open economies in the gaming world.

Tools for Humanity has raised $115 million in series C funding for projects including an alternative to the CAPTCHA test and the Worldcoin project. The company aims to create efficient bot detection methods while addressing concerns over privacy in their “Proof of Personhood” retina scan verification process.

SmarDex, a new decentralized exchange (DEX), aims to revolutionize DeFi by addressing impermanent loss with a novel approach using fictive reserve (FR). This innovative platform rewards liquidity providers and offers staking opportunities using its SDEX token, showing potential to outshine other DEXs.

Binance’s NFT marketplace introduces a new NFT lending feature, allowing users to borrow cryptocurrencies using NFTs as collateral. This trend offers diversification opportunities and maximizes digital investments. Currently, Ether (ETH) borrowing against flagship NFT collections is supported, with a 7.91% interest rate per annum.

Binance, the world’s largest cryptocurrency exchange, has temporarily halted the transfer of wrapped tokens from the Multichain bridge due to days-long transaction delays. This suspension raises concerns about cross-chain compatibility efficiency, highlighting the need for a balance between technological advancements and potential setbacks in the evolving digital assets landscape.

This 35-word excerpt provides an overview of the article’s content: US-based cybersecurity firm Unciphered revealed a breach of the popular Trezor T hardware crypto wallet, increasing discussions about hardware wallet security, strong passphrases, and user responsibility to protect digital assets.

Decentraland’s Metaverse Pride 2023 aims to celebrate the global LGBTQIA+ community through a virtual landscape that encourages self-expression and inclusivity. The event will feature parades, artist performances, wearable design contests, and educational sessions, offering a safe and open platform for users to connect and learn.

Mastercard EVP Raj Dhamodharan emphasizes the importance of security, ease of use, and building a foundation of trust in the blockchain ecosystem. Tackling these issues is crucial for realizing the true potential of blockchain and cryptocurrency technologies in the financial industry.

The Bitcoin-based “Space Pepes” collection recently surpassed popular Ethereum-based NFT collections in trading volume, spotlighting the rising trend of Bitcoin-based artwork and its potential within digital art and collectibles. However, questions about the sustainability and long-term value of these NFTs remain.

OKX, the world’s second-largest crypto exchange, releases an upgraded app for Hong Kong users, offering safe and secure spot trading of 16 widely-used cryptocurrencies. This comes ahead of Hong Kong’s new regulatory framework for virtual asset service providers, with OKX demonstrating their commitment to regulatory requirements, security measures, and compliance capabilities.

OpenAI’s ChatGPT iPhone app has quickly climbed App Store charts, with Apple endorsing it as a “must-have” app. Apple’s infamous 30% cut, or “Apple Tax,” on new iOS subscriptions means the tech giant profits from every ChatGPT Plus subscription, highlighting the complex interactions among AI pioneers, big tech, and regulators in this emerging revolution.