Unlike AI applications such as Chatgpt, cryptocurrencies do not bring “anything useful,” a top executive of U.S. chip maker Nvidia is convinced. The comment comes despite his company making significant sales in the space where its powerful processors are widely used to mint digital coins. Developing Chatbots More Worthwhile Than Crypto Mining, Nvidia Exec Claims […]

Quick Take Just over $4 billion notional worth of Bitcoin options are set to expire tomorrow (March 31). This would be an all-time high for options open interest. Max pain is sitting around $24,000. The breakdown of the open interest is 81,100 BTC in terms of call options and 60,4450 BTC in terms of put […]

The post Here’s How the Ethereum Shanghai Upgrade May Impact the ETH and LSD Token Price appeared first on Coinpedia Fintech News The much-awaited Shanghai upgrade is a few days away and the ETH price appears to be preparing for a pre-rally at the moment. The price has surged beyond $1800 as the fresh bullish […]

Coinspeaker INTC Shares Up 7% as Intel Tells Investors to Expect New Products Earlier than Planned Shares of semiconductor corporation Intel Corporation (NASDAQ: INTC) began to pop amid the company’s Investor Day event on announcements of incoming sooner-than-expected products. Intel shares surged, closing up 7.61% to $21.52. Before the investor event, Intel Data Center and […]

According to a report from the Financial Times (FT), Binance chief Changpeng “CZ” Zhao and other senior executives have been hiding the crypto exchange’s connections to China for years, mired in a somewhat shady series of dealings with the country. Despite Binance’s claims of leaving China following the 2017 ban on cryptocurrencies, the Financial Times […]

Ethereum Foundation’s support team has published an official blog post to announce a major update for Shapella. The 157th AllCoreDevs Execution Layer meeting was held recently, and it has been decided that the mainnet update will go live on April 12, 2023, at 22:27:35 UTC. That is when the epoch is 194048. Shapella combines changes […]

Considering the sheer force of standards, it becomes imperative for an overall wider endorsement that happens to be required for them to be able to create a greater impact. In the case of the previous endorsers of the ERC-4626, they have declared the 4626 Alliance, wherein a group of 4626 builders will be coming together […]

Traditional finance observes “money laundering happening every day” despite rigorous KYC measures, according to DeFi industry execs. DeFi execs at the World of Web3 (WOW) Summit in Hong Kong argued that implementing “Know Your Customer” (KYC) measures will tackle the “biggest issue” in decentralized finance (DeFi), which is hackers laundering millions of stolen funds into […]

Binance has denied the Financial Times report that it has ties to China in an emailed statement to CryptoSlate. A spokesperson for the crypto exchange said the firm does not operate in China, nor does it have any technology — including servers or data — based in the Asian country. They added: “We strongly reject […]

U.S. Senator Elizabeth Warren’s re-election campaign is set to focus heavily on the crypto industry.  Senator Warren’s latest Twitter post calling for voters to join the campaign touted her plans and past achievements, which include making over-the-counter hearing aids available and lowering the cost of childcare in the state of Massachusetts. Among the achievements shared […]