Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in December 2013 spent approximately 149.99 BTC for the first time in over a decade. On Sunday, another historic wallet from April 1, 2016, transferred 895.11 BTC, valued at $51.3 million.
While Bitcoin’s Price…
Salesforce has unveiled an AI model that punches well above its weight class, potentially reshaping the landscape of on-device artificial intelligence. The company’s new xLAM-1B model, dubbed the “Tiny Giant,” boasts just 1 billion parameters yet outperforms much…
Bitmagic has raised $4 million to advance its plan to use generative AI to enable consumers to build 3D games based on text prompts. The Helsinki, Finland company also announced the immediate public availability of the Bitmagic platform on Steam Playtest. This milestone…
As I’ve been organizing VB Transform, our event next week focused on enterprise generative AI, I’ve noticed a stark shift in the scores of conversations I’m having with tech leaders. A year ago, it was all about how to embrace the magic of OpenAI’s GPT-4 throughout the company. Now their focus is on practical implementation and ROI. It’s as if the entire industry has hit reality mode. As…
Binance US Confident in Legal Battle Against SEC as Case Moves Forward – Legal Bitcoin News
July 4, 2024
Binance US responded to the court’s decision to allow the SEC lawsuit to proceed, expressing confidence in its position and criticizing the SEC’s regulatory approach. “We remain confident in our position that the SEC’s case is unsupported by the facts or the law, and…
EU–US Financial Forum Highlights Cooperation on Crypto Regulation – News Bytes Bitcoin News
July 4, 2024
The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The dialogue was hosted by the European Commission and the U.S. Department of the…
Russian Central Bank Suggests Using Crypto to Counter Western Sanctions – Featured Bitcoin News
July 4, 2024
Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiullina highlighted that the central bank has softened its stance on the use of cryptocurrencies in international payments. She also mentioned ongoing efforts…
Managed by NASA’s Jet Propulsion Laboratory through launch, Webb’s Mid-Infrared Instrument also revealed jets of gas flowing into space from the twin stars.
Scientists recently got a big surprise from NASA’s James Webb Space Telescope when they turned the…
After six months of effort, an instrument that helps the Mars rover look for potential signs of ancient microbial life has come back online.
The SHERLOC (Scanning Habitable Environments with Raman & Luminescence for Organics and Chemicals) instrument aboard…
Infrared imagery from the solar-powered spacecraft heats up the discussion on the inner workings of Jupiter’s hottest moon.
New findings from NASA’s Juno probe provide a fuller picture of how widespread the lava lakes are on Jupiter’s moon Io and include first-time insights into the volcanic processes at work there. These results come courtesy of Juno’s Jovian Infrared Auroral…