Crypto News

How Companies Tap Virtual Reality and AI to Boost Mental Health

An international research study showed how immersive VR environments show promise in treating anxiety, depression, and PTSD.Source link

AI Could Make Coders Obsolete in Two Years, AWS Chief Predicts

Amazon Web Services CEO Matt Garman is not the first to envision AI doing the bulk of software development.Source link

Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market

Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of rate cuts in September. The cryptocurrency showed a 5.3% increase in the past day, contributing to a 5.01% rise in the overall crypto market, whichSource link

National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation

The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register all the energy consumed by the equipment connected to the power grid. The detection was carried out using SCADA systems. Paraguay Keeps Chasing Illegal BitcoinSource link

SEC Lawsuit Against Kraken Can Move Forward, Judge Rules

A federal judge in California did not dismiss the lawsuit, but Kraken said the ruling was still good for its case.Source link