Crypto News
IBM Research Explores Generative AI for Business Applications
IBM Research focuses on trustworthy generative AI models and infrastructure to tackle business challenges, addressing scalability and reliability issues. (Read More)Source link
Dormant Bitcoin Wallet From 2014 Moves $10.2M—After a Decade
On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to Public Key Hash) address, they were valued at $151,970.Source link
Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said.Source link
Norway’s Sovereign Wealth Fund Ramps Up Indirect Exposure to Bitcoin
The fund’s investments in crypto firms mean that every Norwegian effectively has exposure to $27 worth of Bitcoin.Source link
Wazirx: Crypto and INR Balance Solutions Top Priority, Urges Users Not to Panic
Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis and urged users not to panic. Wazirx acknowledged users’ frustration but cautioned that drastic actions could cause further delays. Wazirx’s Update on Top Priority PostSource link