Though other ideas for supplementing income amid the AI revolution have legs, UBI is the simplest and fastest way to ensure AI’s benefits trickle down to everyone.
Bitcoin network difficulty reached 136.04 trillion on Sept. 4, while dollar hashprice slipped to about $52 per petahash per day this week. Per Hashrate Index, the last adjustment set a new high for difficulty, and the forward market now prices an average hashprice near $49.17 per PH per day for the next six months. The […]
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Crypto protocols raised $1.9 billion in August, down 30% from July’s $2.67 billion, according to DefiLlama data. Despite the monthly drop, August numbers for raises from venture capital funds align with the numbers recorded in July, with $600 million captured from PUMP’s public sale last month. DeFi protocols dominated August funding with multiple major raises, […]
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The launch of $HOLO could accelerate the integration of AI and blockchain, fostering decentralized digital content ownership and monetization.
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Germany’s much-publicized Bitcoin seizure campaign has come under fresh scrutiny after blockchain analysts revealed that nearly $5 billion worth of BTC has remained untouched. The finding raises intrigue within the crypto community, as questions swirl over whether the funds are lost, frozen, or simply being held in reserve. Why The Coins Remain Untouched In an X post, Elite KOL Crypto Patel, who is also associated with CoinMarketCap and Binance, has highlighted that Germany’s Bitcoin crackdown has encountered a major roadblock. Blockchain analytics firm Arkham has revealed a massive trove of untouched BTC connected to the now-defunct Movie2K piracy site, suggesting that German authorities’ seizure efforts may have hit a wall. Related Reading: El Salvador’s Bitcoin Journey Hits 4-Year Mark, Results Still Divisive According to the report, approximately 45,000 BTC, valued at around $5 billion, has been sitting dormant across over 100 wallets since 2019. These coins are believed to still be under the control of the site’s original operators. Earlier in 2024, German authorities successfully seized nearly 50,000 BTC, which were later liquidated for about $2.9 billion. However, despite that high-profile move, this new revelation highlights that a significant portion of the Movie2K fortune is still out of reach. Bitcoin continues to gain notable mainstream adoption among prominent figures, institutions, and countries. Crypto expert Hashley Giles explained that Bitcoin is an ideal balance sheet asset for a wide range of profitable businesses of all sizes and across all industries. In the United Kingdom, opening an e-money account is a straightforward way for companies to gain BTC exposure without straining existing banking relationships. Accounting is also simple when businesses focus on accumulating rather than trading, removing the complexity of constant mark-to-market volatility. Beyond ease of integration, Bitcoin offers unmatched liquidity. Companies can instantly convert BTC into pounds within seconds whenever business performance requires it, and even on weekends when banks are closed. Compared to the ultra-low interest rates on business bank deposit savings in the UK, those with slightly better yields often require 90-day or longer notice periods before funds can be accessed. Bitcoin, on the other hand, has no notice period, making it both flexible and efficient. Maintaining Bitcoin’s Security While Unlocking Liquidity Bitcoin has long been the most trusted digital asset. However, to fulfill its potential and truly power real economies, it requires a stable unit of account. BSquaredNetwork emphasized that the missing piece is U2, a BTC-backed, USD-pegged stablecoin designed to preserve Bitcoin’s security while unlocking global liquidity. Related Reading: Bitcoin Treasury Purchases Down Amid Record Holdings – What Does This Mean? BSquaredNetwork’s vision extends beyond simple payments. With U2 as a stable unit of account, BTC can transform into the settlement engine for payment, decentralized finance (DeFi), and even AI-to-AI microtransactions. This innovation bridges the gap between BTC’s digital gold properties and its potential as the foundation of the intelligent economy. Featured image from Pixabay, chart from Tradingview.com
Coinbase engineers have released x402 Bazaar, a “Google for AI agents” discovery layer.
Microsoft's integration of AI in File Explorer could streamline workflows, enhance user experience, and drive broader AI adoption in everyday tasks.
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Nebius surges 47%, Cipher Mining and IREN both advance on speculation of more AI infrastructure partnerships.
Pantera Capital's strategic focus on crypto-AI investments could significantly influence the future landscape of blockchain technology.
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Coinbase CEO Brian Armstrong said nearly half of the exchange’s daily code output is now written by artificial intelligence amid a growing reliance on machine-generated development. In a Sept. 3 post on X, Armstrong revealed that about 40% of code produced at Coinbase already comes from AI tools and predicted that the figure would surpass […]
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As we move beyond basic automation, we need systems rooted in verifiability and accountability, writes Hashgraph CEO Eric Piscini. Just like the web needed HTTPS, the agentic web needs a trusted network.
General Catalyst and PayPal Ventures co-led the Series A funding as Kite launches infrastructure to let AI agents transact at scale with on-chain settlement
Citi’s survey of 537 industry leaders points to tokenization, T+1 adoption and GenAI reshaping trade processing.
U.S. tech stocks came under pressure on Friday, driven by concerns about the rapid pace of investment in AI and a series of disappointing earnings reports in the semiconductor sector. The Nasdaq Composite fell 1.2%, closing out a week in which the tech-heavy index struggled to maintain recent highs. Semiconductor sector hit hard Among the […]
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Eliza Labs and founder Shaw Walters filed a federal antitrust lawsuit against social media platform X on Aug. 27. According to the lawsuit, the plaintiffs are alleging that the social media platform fraudulently extracted technical information about their AI agents before deplatforming them and launching competing products. The complaint seeks damages exceeding $75,000 and immediate […]
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The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap.
Bitcoin and other cryptos showed some volatility, but were mostly flat in the minutes following the report.
The options market is braced for a $270 billion swing as Nvidia results approach.
Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.
Artificial intelligence may be the hottest narrative in tech, but its true financial backbone could be Ethereum. With its dominance in stablecoins, DeFi, and tokenization, Ethereum is riding the AI wave, and it’s positioned to become the infrastructure that powers trillions in AI-driven financial flows. Why Ethereum Fits The Role Of AI Settlement Layer Artificial intelligence is on track to become one of the most valuable industries in human history. It’s a trillion-dollar opportunity, and Ethereum is uniquely positioned to capture it. As highlighted by Eigen Layer’s dev Nader Dabit on X, AI is already integrated into almost every corner of existing software infrastructure, and its pace of adoption would continue to accelerate. Related Reading: Ethereum Store-of-Value Evolution: From Utility Token To Digital Reserve Asset The introduction of ERC-8004 is a turning point, which lays the foundation for injecting the vast design space of AI directly into Ethereum. Dabit noted that the injection is a positive-sum outcome because it expands ETH utility, potential, and value, while also unlocking new pathways for AI itself. Amid this foray, the developer is confident that an AI service marketplace could be introduced in the near future, possibly on Ethereum. The marketplace would function as a decentralized agent app store where anyone can discover and hire specialized agents for specific tasks. These include legal document analysis, highly-rated legal AI agents, code reviews, programming agents, and research assistance. Furthermore, there will be no central entity needed, no hidden algorithms, and it will be just open, trustless, and verifiable AI. Such development implies that every past interaction would be publicly verifiable, with historical performance, accuracy, and reputation data available on-chain. According to the dev, the idea of verifiable AI in general could end up being one of the most successful use cases in all of crypto. Ethereum’s role as the backbone of trustless computation and coordination makes it the natural home for this revolution. Why This Matters For ETH’s Next Move With key development set to emerge on the Ethereum blockchain, ETH’s price might experience a notable rally in the following months. Crypto analyst Mags has highlighted a bullish outlook for ETH, predicting that the altcoin is set to hit the $15,650 target. Related Reading: Ethereum Reaches New ATH, But RSI Divergence Clouds Path To $5,000 During the last cycle, once ETH broke above its previous all-time high (ATH), it surged by +211% and ultimately reached the 3.618 Fibonacci extension level. Meanwhile, in this cycle, ETH has once again surpassed its ATH for the first time in the cycle, bringing the 3.618 Fib extension at $15,650 into focus. Even a more conservative projection suggests strong upside. If ETH captures only half the growth seen in the previous cycle, the price range could land between $10,146 and $11,600, which corresponds to the 2.272 to 2.618 Fib extension levels. A very conservative target for Ethereum would be based on the 1.618 Fib extension, which sits around $7,500 level. Featured image from iStock, chart from Tradingview.com
A coalition of AI companies unveiled a Super Political Action Committee (SuperPAC), designed to influence US technology policy and strengthen the nation’s position in the global AI race, according to an Aug. 25 press release. The group, Leading the Future (LTF), pledged to back candidates who support innovation while pushing back against legislation that could slow […]
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Bitcoin's price has surpassed $100,000, yet only 18% of surveyed interns own or use cryptocurrencies, indicating early-stage adoption.
Nexo's AI Assistant could revolutionize user engagement in crypto markets by offering personalized insights, enhancing decision-making efficiency.
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OpenAI is in talks for a $6B employee share sale valuing the ChatGPT maker at $500B, making it the worlds most valuable private company.
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The combined hashrate of the 13 U.S.-listed miners the bank tracks now accounts for a record high 33.6% of the global network.
The controversial AI-focused crypto project Qubic has suggested it may mine Dogecoin (DOGE), the largest memecoin, after completing its current operations on Monero (XMR), the privacy-focused blockchain network. On Aug. 17, Qubic Network founder Sergey Ivancheglo shared a Discord screenshot showing that the community voted to target Dogecoin for the upcoming mining season. This decision […]
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Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Would you take a drug that had a 25% chance of killing you? Like a one-in-four possibility that rather than curing your ills or […]
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Over 80 executives from leading crypto and fintech companies, including Gemini, Andreessen Horowitz, Paradigm, and Kraken, have called on US President Donald Trump to block new bank-imposed fees for accessing consumer financial data. In an Aug. 14 letter, the group argued that these charges, set to take effect in September, directly threaten innovation and consumer […]
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OpenAI's move into brain-computer interfaces could intensify competition in tech innovation, potentially reshaping human-computer interaction.
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TeraWulf, a prominent Bitcoin miner, has secured a strategic partnership with Google as part of its high-performance computing (HPC) co-location agreements with Fluidstack. According to an Aug. 14 statement, the search engine giant will backstop $1.8 billion of Fluidstack’s lease obligations, providing critical support for project-related debt financing. The arrangement grants Google a warrant to […]
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