Several longtime holders of Bitcoin have reactivated dormant wallets, moving substantial amounts of BTC after years of inactivity. Bitcoin’s price dipped to $56,952 amid speculation related to the Mt Gox distribution and the German government’s transfer of 3,000 BTC. Standard Chartered forecasts Bitcoin hitting $100,000 by November, with a potential boost from a Trump election victory.
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…
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 underscores Bitmagic’s mission to democratize game development through its innovative text-to-game platform, enabling anyone…
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…
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 Treasury. During the forum, participants discussed digital finance and crypto assets, focusing on regulatory cooperation and 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…
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 NASA’s Perseverance Mars rover has analyzed a rock target with its spectrometer and camera for the first time since…
