Tag: Business

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AI-Blockchain Platform Creates Digital Assets From Personal Data

KNEO is a new platform for connected edge AI devices through blockchain technology, creating secure private networks which harvest data as digital assets. Artificial Intelligence (AI) specialist Kneron announced the launch of its KNEO platform on July 16, combining edge AI devices with blockchain technology to create secure and private personal networks. The Kneron Neural-network…
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Lightning Startup Zap Raises $3.5M From Investors Including Morgan Creek

Zap, the crypto wallet which allows users to purchase Bitcoin instantly via the Lightning Network, raised $3.5M in April, filings show. Zap, the Lightning startup behind a non-custodial Bitcoin wallet, has raised $3.5 million in a seed round in April. As reported by Forbes on July 15, previously undiscovered filings by the U.S. Securities and…
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Riot Blockchain Boosts Its Hash Rate By 45% With 1,000 New Antminers

Riot Blockchain is deploying its first tranche of 1,000 Antminers S19 Pros and expects its hash rate to tag 357 petahashes per second. Publicly-listed Bitcoin (BTC) mining firm Riot Blockchain expects to increase its hash rate by 45% after receiving 1,000 Bitmain S19 Pro Antminers. The batch of miners comprises the first of three tranches…
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Atari Partners with WAX For NFTs, Joins Board Alongside Shatner and Marvel

Atari have partnered with WAX in their latest move in the blockchain space, two months before a planned Atari token public offering. Atari has partnered with WAX blockchain to bring their video games onto the blockchain in the form of Non-Fungible Tokens (NFTs). The brief announcement on Twitter followed news earlier this week that Atari…
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Dubious Asset Manager Claims to Short Chainlink With 99% Target

A suspicious asset manager is claiming to have entered into a short position targeting a 99% crash in the price of Chainlink. A report authored by Zeus Capital has asserted that the firm is building into a Chainlink (LINK) short position with a target of 99% gains, describing the top-10 cryptocurrency by market cap as…
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ConsenSys Accused of Stealing IP From a Startup in Its Own Incubator

Canadian blockchain upstart BlockCrushr alleges that ConsenSys stole proprietary technology after it participated in ConsenSys’ Tachyon accelerator program. Canada-based fintech firm BlockCrushr has filed a lawsuit in New York accusing blockchain tech company ConsenSys of stealing trade secrets. BlockCrushr claims that ConsenSys launched an Ether (ETH)-based recurring payments platform called ‘Daisy Payments’ one day before…
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Is High-Frequency Trading the Reason Bitcoin Has Become Boring?

The increasing use of HFT may help explain Bitcoin’s record low volatility. The Bitcoin (BTC) market has been quiet lately. A little too quiet.   As of Tuesday Bitcoin’s volatility levels had dropped to levels unseen since 2017. In recent weeks, Bitcoin has fallen behind as investors piled into altcoins such as Chainlink (LINK) and Cardano…
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Crypto Twitter Responds to the Twitter Hack

Crypto Twitter has taken aim at the Twitter hack, suggest there is more to this attack than meets the eye. Earlier this morning, a large-scale Twitter attack took over some of the most powerful verified Twitter accounts including Joe Biden, Elon Musk, Bill Gates, Kanye West, Kim Kardashian, Wiz Khalifa, Warren Buffett, Mike Bloomberg, Barack…
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Who Owns the ‘CryptoForHealth’ Domain Behind the Twitter Hacks?

Data concerning the owner of a website associated with today’s wholesale Twitter account hacks has leaked online. Internet sleuths have converged on the website ‘CryptoForHealth.com’ which was associated with the widespread Twitter account hacks that began on July 15. The earliest incarnations of the scam saw the accounts of numerous crypto luminaries purport to partner…
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Tim Draper: Tokenize Masterpieces to Disrupt the Art Auction Duopoly

Venture capitalist and Bitcoin investor Tim Draper believes that blockchain technology is driving much-needed disruption in the art industry. Famed Silicon Valley and crypto investor Tim Draper believes that distributed ledger technology is transforming the art industry. Speaking to Cointelegraph, Draper emphasized the benefits that many of the core utilities of DLT offer to the…
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