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Category: bitcoin – Page 18

Alethea AI and BeingAI are collaborating with the Binance NFT marketplace to introduce the AI game characters that are based on nonfungible tokens (NFTs).

Alethea AI creates smart avatars who use AI to hold conversations with people, and it has launched its own NFT collectible AI characters. NFTs use the transparency and security of the digital ledger of blockchain to authenticate unique digital items. The companies see this as the underlying AI infrastructure for iNTFs, or intelligent nonfungible tokens, on the path to the metaverse, the universe of virtual worlds that are all interconnected, like in novels such as Snow Crash and Ready Player One.

Being AI, meanwhile, is on a quest to create AI characters who can interact and talk in real time with users. Both companies are working with the NFT marketplace of Binance to launch intelligent IGO (Initial Game Offering), featuring a hundred intelligent NFTs characters.

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Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday.

Bitmart confirmed the hack in an official statement Saturday night, calling it “a large-scale security breach” and writing that hackers withdrew about $150 million in assets. However, blockchain security and data analytics firm Peckshield estimates that the loss is closer to $200 million.

Bitmart added in a statement that all withdrawals had been temporarily suspended until further notice and said a thorough security review was underway.

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Bitcoin Vs Gold: Peter Schiff Vs Anthony Scaramucci.

Peter Shiff makes several points about gold:

Gold: it has physical properties that makes it real and valuable. It’ll never lose its value. Gold has a long history and has been used for thousands of years.

Peter Schiff makes several points against bitcoin:

Bitcoin is not anything real. It’s just a string of numbers.

It has no real value because there are no properties that makes it valuable.

Continue reading “Debate: Bitcoin vs Gold with Anthony Scaramucci and Peter Schiff” | >

People and companies are betting on life becoming more digitized and the much-hyped, little-understood metaverse taking off; virtual land is becoming as much of an investment as physical land, and if current trends continue, may stand to give early adopters a huge payout. Metaverse Group chose its plot of land very intentionally, and knows exactly what use it will be put to; located in Decentraland’s Fashion Street district, the space will be used “to facilitate fashion shows and commerce within the exploding digital fashion industry.”

Let’s back up a bit. Decentraland is a decentralized virtual world built on the Ethereum blockchain, with “decentralized” obviously being the key word and the platform’s big differentiator. “The people who use Decentraland own Decentraland,” Dave Carr, communications lead for the platform, told Euronews Next. “We have a decentralized autonomous organization in which people can submit proposals and vote on proposals submitted by others. And this effectively determines the future direction of Decentraland.”

Facebook, now Meta, aims to rule the metaverse of the future, but it seems likely that people will gravitate towards platforms like Decentraland precisely because they’re not owned or controlled by a centralized authority. Facebook hasn’t done a great job of earning its users’ trust, and it could take a long time for the company to turn consumer sentiment around. Meanwhile, Decentraland’s emphasis on autonomy and the lack of a single powerful decision-maker may be just what virtual world enthusiasts are looking for.

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Unexpectedly high demand for Switzerland’s first crypto stamp has created headaches for the national postal service. Swiss Post announced it had to deal with technical issues when numerous orders hit its online shop all at once on the day the innovative offering was made available.

Demand for First Crypto Stamp Overwhelms Swiss Post’s Online Store

Swiss Post announced the “crypto stamp” initiative in September when it was presented as an attempt to “bridge the gap between the physical and digital worlds in philately.” The state-owned company joined forces with blockchain services provider Inacta to produce the stamp, a first of a kind for the Alpine nation.

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Google’s cybersecurity team warns that this is neither the first nor the last time.

Cryptomining is a very energy-intensive process with analysis by the University of Cambridge showing that Bitcoin consumes more electricity than the entire country of Argentina. Now, Google has released a new report stating that malicious cryptocurrency miners are using hacked Google Cloud accounts for mining purposes.

The report is called “Threat Horizons” and it aims to help organizations keep their cloud environments secure.

“While cloud customers continue to face a variety of threats across applications and infrastructure, many successful attacks are due to poor hygiene and a lack of basic control implementation. Most recently, our team has responded to cryptocurrency mining abuse, phishing campaigns, and ransomware,” wrote Google in an executive summary of the report.

“Given these specific observations and general threats, organizations that put emphasis on secure implementation, monitoring, and ongoing assurance will be more successful in mitigating these threats or at the very least reduce their overall impact.”

Full Story:

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Back in April, it was reported that Akon planned to build a futuristic “Akon City” in Uganda. Along with Akon City, Akon launched AKOIN, his very own cryptocurrency.

According to the AKOIN website, which includes Akon City details and explains how it fits into the “I’m So Paid” singer’s efforts to bring resources and technological opportunities to Africa, AKOIN is “a cryptocurrency powered by a blockchain based eco-system of tools and services designed for entrepreneurs in the rising economies of Africa.”

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Sooo… the inimitable Russell Brand posted a video a few weeks ago saying some amusing but largeuly inaccurate and misleading things about the Grace humanoid eldercare robot we’re making in our Awakening Health project (http://awakening.health).

Russell’s video is here: https://www.youtube.com/watch?v=SDD7M1OWBDg.

I recorded this video as a sort of response, to set the record straight a bit and explain why Russell is wrong about Grace and what is the actual nature of the Awakening Health project and what are the motivations behind it!

The three main points I make in the video (but with more color and detail, so do watch the video if you’re interested!!) are:

1) Grace is there to help nurses and nursing assistants not replace or obsolete them. When she becomes an AGI she still won’t obsolete the need for human connection and human care. Elderly folks need extra help and attention right now and Grace can help. My grandfather spent the last 5 years or so of his life in an eldercare facility; it was a pretty good one, but he was still lonely and confused a lot of the time and certainly could have benefited greatly from a robot like Grace.

2) Awakening Health is a JV of Hanson Robotics and: SingularityNET (http://singularitynet.io), whose purpose is to democratize & decentralize AI. It’s all about data sovereignty and putting the control over the AI in the hands of the humans who are training and using the AI. Not about centralized tech oppression of the elderly or anyone else as Russell alludes. Actually I think I see very closely eye to eye w/ Russell Brand on the dangers of Big Tech and Big Government, though I probably more clearly see the path to a solution than he does (hint: it has to do with blockchain-meets-beneficial-AGI).

Continue reading “Why We’re Making the Grace Humanoid Eldercare Robot: Response to Russell Brand” | >

Re-sharing.

A value added tax, however, will take care of city services and infrastructure, which alone would cost 300,000 in Bitcoin or approximately $17 billion.

It’s a gigantic gamble, built on the premise that Bitcoin will continue to appreciate in the long term, allowing the country to repay its new debts. In other words, just another day in the mad world of crypto.

“Invest here and make all the money you want,” Bukele said during the event, which took place at a beach resort. “This is a fully ecological city that works and is energized by a volcano.”

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It’s a web of endless possibilities, but there’s a chance we might find ourselves interwoven in the same old web of Big Tech.

The emergence of blockchain-based technologies such as cryptocurrency, NFTs, metaverse, blockchain, and distributed ledger technology, etc is being seen as the herald of a new era of the internet — a more transparent and open version of the web that would be collectively controlled by users, instead of tech giants like Google and Facebook.

Some experts believe this decentralized Web, which is also referred to as Web 3.0, will bring more transparency and democratization to the digital world. Web 3.0 may establish a decentralized digital ecosystem where users will be able to own and control every aspect of their digital presence. Some hope that it will put an end to the existing centralized systems that encourage data exploitation and privacy violation.

More than 30 years have passed since the World Wide Web first came into existence, and over this course of time, the world of the internet has gone through various stages of development. There is no textbook definition of Web 3.0, but by going through these stages, you can have an idea of how Web 3.0 may shape the future of the internet experience.

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