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Compute Maximalism: The Symbiosis Between Bitcoin Mining and AI

[Jul 22 11:10 AM] The story of human progress can be simplified into the story of increasing energy utilization. We harness energy to create order, both in terms of biology and society. Energy surpluses allow for every form of wealth creation, which in turn produce…

Trump's RNC speech gave tech enthusiasts hope for the future

[Jul 21 4:54 PM] Residents of Silicon Valley have been boarding the Trump train, and Trump's speech at the RNC illustrated some of the reasons.

Stock market slump trickles into today’s Bitcoin and altcoin correction

[Jul 18 4:39 PM] What’s behind the correction in the US stock market and how might it continue to negatively impact cryptocurrencies?

Bitcoin Mining Is So Back (Except It's AI Now)

[Jul 18 1:17 PM] Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices.

Chainbase Raises $15M to Grow Omnichain Data Network

[Jul 18 8:07 AM] Chainbase's aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies.

Anthropic partners with Menlo for $100M fund investing in AI startups

[Jul 17 10:24 PM] Anthropic and Menlo Ventures have launched the “Anthology Fund” to back innovative early-stage AI companies.

Grayscale Launches Artificial Intelligence-Focused Crypto Fund; AI Tokens Gain

[Jul 17 8:05 AM] The Grayscale Decentralized AI Fund includes the native tokens of AI-focused blockchain protocols such as Near (NEAR), Render (RNDR), Bittensor (TAO), Filecoin (FIL) and Livepeer (LPT).

AI Preparedness Index: South Africa Best Prepared African Country; Nigeria Ranks Outside the Continent’s Top 7

[Jul 17 5:20 AM] The latest International Monetary Fund (IMF) Artificial Intelligence Preparedness Index reveals that only seven African countries have preparedness indices of 0.4 or more. South Africa leads the continent with a score of 0.5, while the Republic of…

Web3-AI: What’s Real, and What’s Hype

[Jul 16 12:14 PM] The biggest challenge for the evolution of Web3-AI might be overcoming its own reality distortion field, says Jesus Rodriguez, CEO, IntoTheBlock.

Memecoins, RWA, AI lead crypto narratives in Q2 2024

[Jul 16 8:15 AM] Memecoins, RWA and ARI captured 36% of all CoinGecko web traffic categories in the second quarter of 2024.

Solana Based AI Project Grass Announces Final Epoch of Closed Beta

[Jul 14 11:28 PM] Grass, an artificial intelligence (AI) based web crawling project that uses the Solana network, has announced the end of its closed beta version with its final epoch. Grass stated that the beta allowed it to verify that it can reach 100% of the…

Open Source Tools Levels Playing Field for Smaller AI Firms Says Decentralized AI Proponent

[Jul 13 12:32 AM] To preempt lawsuits and counter allegations that they are training their respective artificial intelligence (AI) models with illegally obtained data, AI firms should rely on publicly available or open-source data, according to Alberto Fernandez…

Nigeria’s blockchain future depends on local talent, experts say

[Jul 12 5:49 AM] Local experts note that if Nigeria adopts a foreign blockchain, it will be difficult for the country to exert its influence on key blockchain decisions. 

Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein

[Jul 12 3:08 AM] The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.

Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund

[Jul 12 1:00 AM] The new fund will target early stage opportunities in AI, blockchain technology, chips and data.

Moroccan AI Influencer Kenza Layli Wins Inaugural Miss AI Beauty Pageant

[Jul 11 10:19 PM] Kenza Layli, an artificial intelligence (AI) influencer from Morocco, has been crowned the world’s first Miss AI, defeating over 1,500 computer-generated models in a tough competition. Lalina Valina from France secured the second spot, while Olivia…

IREN tumbles after short seller calls miner ‘Prius at the Grand Prix’

[Jul 11 7:48 PM] Crypto miner IREN, formerly known as Iris Energy, fell 24% on the Nasdaq following a short-seller report.

Why AI's Energy Use Isn't Demonized Like Bitcoin's

[Jul 11 10:00 AM] AI's utility is more obvious to everyday people than crypto's, and AI's risks are so much greater that power consumption fears seem beside the point.

OpenAI partners with lab that created the atomic bomb, but for bioscience

[Jul 11 12:01 AM] OpenAI is partnering with Los Alamos National Laboratory, which conducts research in fields including national security, space exploration, renewable energy and medicine.

SingularityNET and Filecoin partner for AI and DePIN

[Jul 10 7:00 AM] SingularityNET and Filecoin collaborate to integrate decentralized AI and DePIN, emphasizing ethical AI development and decentralized infrastructure.

Crypto for good: Why blockchain can bring financial inclusion worldwide

[Jul 10 3:20 AM] John Wingate of BankSocial and Azeem Khan of Morph tell The Agenda podcast how crypto and blockchain can make the world a better, more equitable place.

Nigerian minister urges SEC to tackle crypto regulation challenges

[Jul 10 1:36 AM] Nigeria’s cryptocurrency regulations are currently being updated.

Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company

[Jul 9 10:34 AM] Polychain says Niraj Pant broke the fund's policies by secretly accepting "adviser" tokens from Eclipse.

Storj Acquires Cloud Computing Firm Valdi; Terms Undisclosed

[Jul 9 6:30 AM] Valdi allows customers to use available GPU compute cycles in data centers across the world.

Bitcoin miner TeraWulf is open to merger but not for ‘empire building’

[Jul 7 7:45 PM] Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed.

UBS Rates Gold as Most Preferred Geopolitical Hedge and Portfolio Diversifier

[Jul 6 8:30 PM] UBS sees gold as an attractive geopolitical hedge and portfolio diversifier, rating the metal as most preferred in its investment lessons for the second half of the year report. The bank highlights strong market performance driven by AI investment…

UBS Executive Highlights AI’s Impact on Banking

[Jul 6 12:50 PM] UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach…

Nigerian blockchain leader advocates AI to save African languages

[Jul 6 4:09 AM] The use of blockchain and AI for improvement in various areas of society is essential in Africa now more than ever.

Private Equity Giants Are Circling Bitcoin Miners on AI Allure

[Jul 5 9:38 AM] Private equity firms are now looking at bitcoin miners in a much more different way after Core Scientific signed 200MW deal with CoreWeave in June, the company’s CEO said in an exclusive interview with CoinDesk.

FET Drops 9% As ASI Token Merger Phase 1 Kicks Off

[Jul 2 11:00 PM] The Artificial Superintelligence Alliance (ASI) kicked off phase 1 of its token merger process. The project recently announced the beginning of the migration process with the delisting of Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto…