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Orthodox venture capital will never provide the resources for decentralized AI to take on Microsoft, Alphabet, Apple, et al. The only way is to supplant equity financing with user-owned, token-based systems, says Michael J. Casey, Chairman of The Decentralized AI Society.
The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.
The network’s monthly average hashrate surged to a record high, the report said.
Bitcoin has evolved beyond “digital gold.” Today, it’s a foundational piece of global financial infrastructure, says Trust Machines’ Rena Shah.
But Web3 can fix it, says Zack Guzman, the founder of Trustless Media.
Render joined Uniswap as a top performer, gaining 2.6%.
The October employment numbers are among the last pieces of economic data the Fed will see prior to its policy setting meeting next week.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bridge acquired Triangle for an undisclosed amount.
The broker raised its price target for the software company to $300 from $173 while maintaining its buy rating.