The past week has seen The Graph (GRT), a project facilitating decentralized access to blockchain data, skyrocket over 60% in price. This impressive rally outshines most major cryptocurrencies and aligns perfectly with the rising interest in artificial intelligence (AI) within the crypto market. GRT has been up for five days in a row, reaching its…
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In a recent analysis via X (formerly Twitter), the renowned crypto analyst Miles Deutscher has cast a spotlight on artificial intelligence (AI) as the paramount sector poised for significant performance in the ongoing crypto bull run. With a keen focus on Decentralized Physical Infrastructure (DePIN), Deutscher not only forecasts this niche to burgeon into a…
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Worldcoin, co-founded by OpenAI’s Sam Altman, has experienced a remarkable 170% price surge following the announcement of OpenAI’s video creating model Sora. According to CoinMarketCap, Worldcoin is trading at $6.83 at the time of writing, marking a staggering 165% increase from the $2.5 price tag a week ago. With the current price, Worldcoin’s market cap…
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The US Federal Trade Commission (FTC) proposed making new updates on an artificial intelligence (AI) deepfake rule on February 16. The government agency said the proposed rule changes would protect users from AI impersonations. According to the ‘Rule on Impersonation of Government and Businesses’ document, AI deepfakes that impersonate businesses and governments could face legal…
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Scotland-based distillery The Glenlivet is using NFTs and AI in its marketing strategy to sell whiskey from a 50-year-old collection. The Glenlivet announced on Monday it was planning to auction off the bottles, which have been maturing at its Speyside distillery in Scotland since 1974. Discover The Glenlivet: The Twelve Elements. An extraordinary 50-year-old whisky…
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The Hashgraph Association, a nonprofit organization based in Switzerland, announced on Feb. 7 that it had partnered with Saudi Arabia’s Ministry of Investment to launch a deep tech venture studio. The venture studio’s objective is to assist both Saudi and foreign companies develop innovative solutions using deep tech, such as artificial intelligence (AI), blockchain, and…
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In a significant move within the crypto bankruptcy landscape, FTX Trading Ltd. has announced its intention to sell its equity interests in the artificial intelligence (AI) firm, Anthropic PBC. Holding close to an 8% stake, valued between approximately $1.47 billion to upwards of $2.4 billion, FTX is navigating its Chapter 11 bankruptcy with this strategic…
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Source: Adobe / Timon The International Energy Agency (IEA) anticipates substantial increases in energy consumption from crypto mining and artificial intelligence (AI) in the coming years, with projections suggesting a more than 30% surge by 2026. The IEA’s Electricity 2024 report outlines the expected growth in energy usage through 2026, highlighting that power generation, including…
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This week, Joe Lonsdale, a founding partner of Palantir, engaged in a dialogue about artificial intelligence (AI) on CNBC’s “Squawk Box.” During this discussion, he highlighted the significant role AI will play in enhancing productivity. Furthermore, Lonsdale pointed out the potential for AI agents to utilize cryptocurrency in economic transactions, suggesting that bitcoin, ethereum, and…
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In three days, the World Economic Forum (WEF) Annual Meeting will convene on Jan. 15-19, and much of the world’s elite will be in Davos for the event. Before the meeting, the WEF published the 19th annual edition of the Global Risks Report, which highlights the risks of disinformation, and the impact of advancements in…
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