This past week in the crypto economy proved intriguing, as bitcoin’s value declined by 5.7% while ethereum enjoyed a 10.8% uptick against the U.S. dollar. Leading the pack in market gains, SUI experienced a remarkable surge, escalating over 74% in just seven days. Concurrently, the token ethereum name service (ENS) also witnessed a significant ascent, jumping 71% in the same timeframe.
Seven…
Reports Suggest That Binance is Reviewing the Status of Privacy Coins on Its Platform
January 16, 2024
Recent reports from members of the Zcash community indicate that Binance, the largest cryptocurrency exchange, would be preparing to review all privacy coins listed on its platform and possibly delist some. The exchange has been in talks with project representatives since…
Circle Completes USDC Upgrade to Version 2.2
January 16, 2024
Circle, the stablecoin company, has completed the upgrade of its USDC stablecoin to the 2.2 version. The update brings a slew of changes, including gas efficiency improvements, support for account abstraction and smart contract wallets, and enhancements in the resiliency of…
IMF Chief Sees Crypto as Asset Class — Says Bitcoin Won't Dethrone US Dollar as Dominant Currency
January 16, 2024
International Monetary Fund (IMF) chief Kristalina Georgieva sees crypto as an asset class, not money. She dismissed concerns of bitcoin potentially displacing the U.S. dollar as the world’s dominant currency, citing the size of the U.S. economy and the depth and sophistication of its capital markets as key factors.
IMF Chief on Crypto and US Dollar Dominance
The managing director of the…
VentureBeat’s AI Impact Tour launches with focus on bleeding edge of generative AI and governance
January 15, 2024
VentureBeat launched our AI Impact Tour this week with an event in San Francisco, which included talks about the swift adoption of generative AI in the banking industry, and the cutting-edge areas around governance of the technology.
Our AI Impact Tour is a series of events…
After AI’s summer: What’s next for artificial intelligence?
January 15, 2024
By any measure, 2023 was an amazing year for AI. Large language Models (LLMs) and their chatbot applications stole the show, but there were advances across a broad swath of uses. These include image, video and voice generation.
The combination of these digital technologies…
Non-bike bike gear tested: Foldylock Forever is the most secure folding lock, period.
January 15, 2024
As someone who lives life on two-wheels, testing bike gear isn’t just a fun hobby – it’s part of my daily life. E-bikes are how I get around and the gear I use with them helps me avoid needing to use a car. And so when I find something new that I incorporate into my everyday kit, that means that it has proven itself as both effective and worth it in the long haul. The latest lock that I…
Rad Power RadRover 6 Plus e-bike flash sale takes $900 off through today, Anker power stations, more
January 15, 2024
Flash sale alert! Through the end of the day, you can now save $900 on the popular RadRover 6 Plus from Rad Power Bikes (our review right here). This e-bike drops to $1,199 through the weekend’s end and comes complemented by a compact Anker portable power station at $115…
Here at Electrek, we’ve spent countless hours doing detailed hands-on testing of hundreds of electric bikes. Through thousands of miles of riding, we’ve learned these e-bikes inside and out, top to bottom and front to back. That dedication to real-world e-bike testing…
Quick Charge Podcast: January 13, 2024
January 15, 2024
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as…