Archive for the ‘cryptocurrencies’ category: Page 8

Dec 27, 2021

How AI, VR, AR, 5G, and blockchain may converge to power the metaverse

Posted by in categories: augmented reality, blockchains, cryptocurrencies, internet, robotics/AI, virtual reality

Emerging technologies including AI, virtual reality (VR), augmented reality (AR), 5G, and blockchain (and related digital currencies) have all progressed on their own merits and timeline. Each has found a degree of application, though clearly AI has progressed the furthest. Each technology is maturing while overcoming challenges ranging from blockchain’s energy consumption to VR’s propensity for inducing nausea. They will likely converge in readiness over the next several years, underpinned by the now ubiquitous cloud computing for elasticity and scale. And in that convergence, the sum will be far greater than the parts. The catalyst for this convergence will be the metaverse — a connected network of always-on 3D virtual worlds.

The metaverse concept has wide-sweeping potential. On one level, it could be a 3D social media channel with messaging targeted perfectly to every user by AI. That’s the Meta (previously Facebook) vision. It also has the potential to be an all-encompassing platform for information, entertainment, and work.

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Dec 24, 2021

RadioShack Returns as a Crypto Company

Posted by in category: cryptocurrencies

The goal is to ‘bring cryptocurrency to the mainstream’ using the well-known consumer brand.

Dec 23, 2021

‘Rug pull’ cryptocurrency scam costed investors over $7.7 billion in 2021: Chainalysis

Posted by in categories: bitcoin, cryptocurrencies

It should be noted that in 2020, rug pulls accounted for just 1 per cent of the under $5 billion in total illicit revenue.

Earlier, in November, millions of dollars vanished in a matter of minutes after investors piled into a new cryptocurrency inspired by “Squid Game,” the popular Netflix survival series, only to watch its value plunge to nearly zero in a few short hours. Then Squid went on a roller-coaster ride. In a 10-minute span later on Monday, the token’s value grew from $628.33 to $2,856.65, according to CoinMarketCap, a crypto data tracking website. Then, five minutes later, it traded at $0.0007.

Meanwhile, US Federal Bureau of Investigation (FBI) had issued a warning in November, against cybercriminals that are using Bitcoin ATMs and QR codes to defraud unsuspecting individuals. The FBI in a recently released Public Service Announcement (PSA), said that it has witnessed an increase in scammers directing victims to use physical cryptocurrency ATMs and digital QR codes to complete payment transactions.

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Dec 22, 2021

Bitcoin will replace the dollar, Jack Dorsey tells Cardi B in response to the rapper’s crypto question

Posted by in categories: bitcoin, cryptocurrencies

Block CEO Dorsey has consistently praised bitcoin, and his departure as Twitter’s CEO is likely linked to his ambitions around the crypto asset.

Dec 17, 2021

A Man Accidentally Threw Out a Hard Drive Worth $357 Million in Bitcoin

Posted by in categories: bitcoin, computing, cryptocurrencies, transportation

And he’s been searching for it for a decade.

It’s a nightmare scenario that might become increasingly common in a world of digital currency. A man threw away an old PC hard drive while doing a quick spring clean of his home in Newport Wales, U.K., in 2013. Fast-forward almost a decade and he’s still desperately petitioning to be allowed to go through his local landfill.

The reason the man, 35-year-old IT engineer James Howells, wants to trawl through his local trash site is that the hard drive he threw out included a wallet with 7,500 Bitcoin.

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Dec 13, 2021

AMD/XFX BC-160 cryptomining card with Navi 12 GPU, 8GB HBM2 memory is now available for 2000 USD

Posted by in categories: computing, cryptocurrencies

The BC-160 mining card from XFX is now available in China.

Back in October, we reported that XFX is preparing its custom card for cryptocurrency mining. This card was supposedly using Navi 12 GPU, which to this date was more commonly known as ‘special’ GPU for Apple Mac or Radeon Pro V560. This GPU was never released for gamers though. More than 2 years since it was first introduced, AMD is now supplying Navi 12 chips for mining equipment.

Dec 13, 2021

Elon Musk named Time Person of the Year

Posted by in categories: cryptocurrencies, Elon Musk, space travel, sustainability

Elon Musk is Time’s Person of the Year.

The magazine said that he had been chosen for his work in space as well as on electric cars, as well as his plans to take humanity to Mars and his interest in cryptocurrency. It also noted in its announcement that Mr Musk “also likes to live-tweet his poops”, thought to be a first for a Time “Person of the Year”.

“For creating solutions to an existential crisis, for embodying the possibilities and the perils of the age of tech titans, for driving society’s most daring and disruptive transformations, Elon Musk is TIME’s 2021 Person of the Year,” the magazine wrote in its announcement.

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Dec 12, 2021

Apache Log4j Vulnerability — Log4Shell — Widely Under Active Attack

Posted by in categories: cryptocurrencies, cybercrime/malcode

Several hackers are actively weaponizing “Log4Shell” vulnerability in Apache Log4j to install cryptocurrency miners, Cobalt Strike, and botnet malware.

Dec 12, 2021

NASA/DARPA Scientists Found a Way To Create an Actual Warp Bubble (In Theory)

Posted by in categories: bitcoin, cryptocurrencies, space

Good telescope that I’ve used to learn the basics:
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Hello and welcome! My name is Anton and in this video, we will talk about a new study that discusses how we could potentially create an actual (but tiny) warp bubble.

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Dec 7, 2021

Endgame: Ethereum 2.0 by Vitalik

Posted by in category: cryptocurrencies

Special thanks to a whole bunch of people from Optimism and Flashbots for discussion and thought that went into this piece, and Karl Floersch, Phil Daian, Hasu and Alex Obadia for feedback and review.

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