#it
1240 articles found
Latest
The founder of CryptoLaw, John Deaton, argues that certain crypto enthusiasts might be overly buoyant about how XRP's price would respond to the court's verdict in the SEC dispute.
XRP has indeed grown by a whopping 85% this year, but Deaton asserts that a fresh peak price would likely coincide with Bitcoin's bull run.
"Until Bitcoin breaks it’s ATH, I don’t expect anything else to," he shared. 
Renowned business analyst Adam Cochran recently shared insights concerning Huobi's financial state and its potential insolvency.
Key takeaways from Adam's analysis:
Investigation Underway: Both Huobi and Tron are facing scrutiny, with their staff being questioned by the police.
Unusual Asset Distribution: After Justin Sun's introduction of wrapped USDT (stUSDT), a whopping 98% of user assets intended for Tether bond redemptions ended up in the wallets of Huobi and Justin Sun.
Discrepancy with USDT Balance: Huobi's reported USDT balance is just $63 million, but their users hold a staggering $631 million worth of USDT. Something doesn't add up here.
ETH Holdings in Question: It appears that Huobi is holding all of its users' ETH as stETH, raising eyebrows about their handling of customer assets.
Binance Making Moves: Meanwhile, Binance is actively selling USDT and purchasing DAI, possibly indicating a shift in market dynamics.
Outdated Reserves Page: It's been a whole month since Huobi last updated its reserve page, and discrepancies between the reported figures and wallet balances need clarification. 
The CEO of Binance has repeatedly aired his distrust of USDT, dubbing it a "black box" due to its lack of transparency in audits and reports.
Also, Binance listed a new stablecoin, FDUSD, on July 26th, that has seen a rapid rise in capitalization. They are in the process of designing their own algorithmic stablecoin and are open to listing more USDT equivalents on their exchange.
Meanwhile, Tether's CTO has hinted at CZ's involvement in market manipulation in the stablecoin sector, mentioning a 10 basis point USDT depeg on July 28th.
"Isn't it interesting that USDt is being pressured down (slightly, within 10bps, just to push market makers to react), and USDc, the main competitor that you would expect being gaining from the situation, is redeemed heavily nevertheless, while suddenly a competitor born 2 days ago is getting it all? Exactly! It feels definitely organic and not manipulative at all. Some people never learn."
For the record, the Twitter account of First Digital Labs (FDUSD) has a mere 585 followers.
It's intriguing to watch the outcome of this power struggle. Is this just the tip of the iceberg?
Fingers crossed, this won't escalate into a challenge for a bout in the octagon, as seems to be a popular move among billionaires... 
In the wake of a report by the Alphabet (Google) workers' union, the tech giant finds itself under severe scrutiny due to allegations of violating U.S. labor laws.
According to the grievance lodged, Alphabet unlawfully terminated contracts due to union-organizing activities involving a substantial number of employees, including developers of an AI chatbot. Should these charges be corroborated, they could spell considerable legal and reputational ramifications for the company.
"It’s obvious that this timing is incredibly suspicious, and that is why we are filing an unfair labor practice charge — to hold Google and Accenture accountable for their behavior," declared Anjail Muhammad, a former Google employee. The Simulation: An AI Startup Shaping the Future of Humanity
If "Westworld" captivated your imagination, get ready to be fascinated by "The Simulation." It is an extraordinary universe where the boundaries between the physical and digital worlds intertwine. Here, you'll encounter the first truly intelligent virtual beings, creating a realm unlike any other. Tokenize Xchange: Elevate Your Trading Game with TKX!
Tokenize Xchange is a crypto platform targeting the Asia-Pacific region. It has secured $11.5 million in funding and offers features like staking and swift trading via its token, TKX. According to its roadmap, its future plans look promising. Go ahead, dive in. 
New Kid on the Block: Bitgert's Daring Claims Unmasked
Bitgert's BRISE token functions on the independent BRISE Chain, handling over 100,000 transactions per second at no gas fees. Despite some controversies, the BRISE token holds a market cap of $90.77 million and offers a broad utility set. Sounds promising, but let's check it! What is Liquidity and How Does It Work in Crypto?
In the crypto realm, liquidity refers to how easily a token can be converted into another digital asset or cash without significantly impacting its price. Strong liquidity means that an asset can be quickly and effortlessly bought or sold. Poor liquidity, on the other hand, implies that buying or selling the asset might be slow or could result in a notable price loss. 
Holochain: Revolutionizing dApp Creation Without Blockchain
Holochain represents a revolutionary software concept. It serves as an open-source foundational platform engineered for building decentralized applications, commonly known as dApps. Holochain promises security and robustness, operating without the need for centralized servers or blockchain technology, but instead harnessing the power of cryptographic protocols and cloud hosting. 
“I saw some ridiculous views, so i want to clarify that I’m refunding you not because you can find me, it’s because I don’t want to ruin your project, maybe it’s a lot of money for a lot of people, but not for me, I’m smarter than all of you, fuck!!!”
Was this hack simply for the thrill of causing disorder? Or was there a message he was trying to convey?
Given the thorough preparation that spanned weeks or perhaps even months, it's a thought-provoking consideration. As Elon Musk occupies himself with the Twitter rebrand, the crypto community is enthusiastically trading tokens that bear association with the well-known platform only through its former name.
The TwitterDAO (TWITTER) token is presently priced at $0.0001, despite a rocky start.This rise is attributed to the automatic system's verification and contract audit.
Yet, it's vital to bear in mind that such tokens often morph into money-making tools for fraudsters, leading to a total wipeout of the assets belonging to external investors. The recent situation with BALD serves as a stark reminder of this risk. 
The scientists at Nvidia have pioneered a new technique that converts textual content into imagery, helping to tackle the data storage predicaments that arise during the formation of novel models.
Currently, the specifics of a single concept occupy roughly 100 KB. This efficiency stems from the fact that the approach doesn't reengineer the entire model; instead, it adjusts select "internal representations", bypassing the need to retrain the model entirely. WhiteBIT Mainnet Goes Live Today!
In just four years, crypto exchange WhiteBIT has made significant strides and numerous accomplishments. It has become the most successful cryptocurrency platform in Europe, underpinned by a robust and efficient ecosystem. But what visionary wouldn't dream of establishing their own blockchain network?