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This New Pokémon-Creating AI Is Producing Hilarious Results
27.9.2022
Art generated by AI is proving a very contentious issue, raising enormous amounts of concern among artists about their potential replacement by machine learning, let alone the ethical questions about whether an algorithm studying thousands of other people’s creations is fair to the original...
Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota
28.8.2022
This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted that the mining firm entered a purchase agreement on August 15 for land in North...
Nvidia cites limited visibility into crypto mining's impact on Q2 results
25.8.2022
Nvidia's CFO said falling crypto prices and changes in consensus mechanisms have in the past impacted demand for its products and the company's ability to estimate it
Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession
23.8.2022
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue for the next two quarters to a year.” Most Executives Surveyed Say Recession Cannot Be Avoided Stifel...
Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says
12.8.2022
High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. The watchdog backs its stance with poll results showing nearly half of retail...
Another Rough Quarter Awaits in Q3, Coinbase Warns After Bruising Financial Results
10.8.2022
The crypto exchange giant Coinbase is putting a positive spin on another quarter of sub-par results – and its CEO Brian Armstrong has stated that “across price cycles,” the exchange is still trending upward. But the firm appears braced for another rocky ride in the coming third quarter of FY2022....
Marathon Digital Posts Negative Q2 Results, but Increases Bitcoin Production 8% YoY
9.8.2022
Marathon Digital, one of the biggest mining companies in the Bitcoin ecosystem, has posted its financial results corresponding to the second quarter of the year. The company revealed that even having increased its production by 8% when compared to Q2 2021, it recorded an impairment of $127.6...
Coinbase Rallies Ahead of Q2 Results, but Major Questions Remain
5.8.2022
Coinbase’s second quarter trading volumes are expected to take another decline compared to the first quarter
'This is on me' — Robinhood CEO to lay off 23% of staff after Q2 loss
3.8.2022
The online retail broker blamed the economy for a decline in user numbers and net revenue that fell 44% year-on-year, although revenue from crypto rose moderately this quarter
The evolution of Steam tags (& why we dig 'em!)
27.7.2022
Also: Quest's price hike, Xbox's results & more
Bitcoin Mining Survey Shares Improved Results in the 2nd Quarter of 2022
20.7.2022
The Bitcoin Mining Council published the findings of its survey with a core focus on technological efficiency, electricity consumption, and sustainable power mix. The results are impressive enough to reaffirm that the Bitcoin Network will continue to grow with higher efficiency in the times...
Report: 75% Have Heard About Crypto in Spain, According to the CNMV
29.6.2022
The results of a new report commissioned by the CNMV, the securities watchdog in Spain, have found that three out of four citizens have heard about cryptocurrencies. However, the report, which included opinions from 1,500 participants, also found that this knowledge is still minimal, and that less...
Nearly 70,000 Issued Binance Refugee Crypto Card for Ukrainians
15.6.2022
Thousands of Ukrainians have ordered a crypto card issued by the world’s leading digital asset exchange, Binance, for its users from the war-torn country. The card allows people displaced by the ongoing conflict with Russia to make payments and receive financial support. Binance Announces...
NFT Market Sees Mixed Results: Floor Prices Fall in 24H, Overall Sales Increase in a Week
15.6.2022
The market for non-fungible tokens (NFTs) is seeing a very mixed picture amid the broader crypto market downturn - a small relief rally in the floor prices was recorded in the past day by a couple of major collections with others continue to decline, and the overall trading volume for...
Coinbase Outlines Cost-Cutting Measures, Employee Grants Amid Weak Results and Crypto Rout: Report
19.5.2022
The report based on internal emails seen by The Information comes after Coinbase said earlier this week it will slow hiring
Coinbase Slows Down Hiring Plans Amid Market Downturn, Lower Financial Results
18.5.2022
The ongoing downturn in the crypto markets is triggering changes to the hiring plans by some of the major industry players, with crypto exchange Coinbase announcing it will slow down its expansion plans with regard to creating new jobs this year. The latest development follows the release...
Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel
14.5.2022
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said. Bank...
Survey: Almost Three out of Four Argentinians Are Willing to Purchase Crypto for Investing or Saving Purposes
7.5.2022
A new survey, whose results were released earlier this week, has given more insight into how Argentinians view cryptocurrencies and how they might put them to use. The survey found out that eventually, almost three out of four citizens would purchase cryptocurrency to invest, or as a way...
Facebook’s Latest Financial Results Show It Has Lost Nearly $20 Billion To VR Since 2020
28.4.2022
A metaverse filled with digital worlds and avatars might be coming someday, but it won’t be cheap. Facebook parent company Meta has released its financial results for the first quarter of 2022 and it shows that this year alone, the company’s virtual reality-focused department has lost $2.96 billion...
Tesla Hodls Bitcoin: Balance Sheet Shows $1.26B in Digital Assets
22.4.2022
Elon Musk’s electric car company, Tesla, is hodling bitcoin. The company’s balance sheet shows $1.261 billion in digital assets. Tesla has neither purchased nor sold any crypto assets since the first quarter of last year. Tesla Continues to Hodl Bitcoin Tesla released its earnings...