There’s a lesson here, if a painfully obvious one. When it comes to social media, or at least social media at scale, people ultimately care about network effects and ease of use. That’s pretty much it. Yes, it would be nice to have data privacy, higher quality conversations, protection of “free speech” (whatever that means exactly) and maybe greater ownership over your content. But those concerns have yet to prevail.
Standard Chartered Forecasts Bitcoin Price of $120,000 by 2024 as Miners Hold Onto Newly Minted Coins. Standard Chartered, a prominent bank, has revised its long-term Bitcoin price forecast, projecting a potential value of $120,000 by the end of 2024.
In April 2022, a white hat hacker from Ledger’s security team caught a vulnerability similar to a backdoor in the seed generation of Trust Wallet, a Binance-owned open-source software wallet. With off-the-shelf chips, any party in the supply chain could modify the code that loads the bootloader, a critical part of ensuring the customer receives a device with genuine firmware.
Cryptocurrencies are an exciting phenomenon, drawing the attention of many investors who see them as an incredibly lucrative investment tool. But despite their massive popularity, digital assets pose different issues, such as technological difficulties. Fortunately, the rise of AI can transform the crypto landscape, resulting in data-driven decision-making and increased speed and efficiency. Succeeding with crypto investing takes more than just learning how to buy bitcoin; it requires patience and several skills. Investors are now embracing AI to make sense of the market and remove emotions from their investments, helping them make unbiased decisions.
It all sounds pretty exciting. Whether you’re a developer looking to cut costs and time or a user looking to reduce what can be hours, days or years of learning necessary to understand the ins and outs of Web3, AI can remove the friction that’s amidst the greatest barrier of innovation and usability for our industry. Like Web3 overall, AI can be an additional layer to the ever-powerful toolkit that is revolutionizing how we create, chat, trade and live. Let’s use it as best we can as we build the future.
The burst of activity around inscriptions and resulting high fees is an accelerant towards this more efficient future, and it should be celebrated. The BRC-20 mania, as perplexing as it is to many, is one of the best things that has happened to Bitcoin in some time.
With the increasing popularity and widespread adoption of cryptocurrencies, especially Bitcoin, there has been a surge in demand for accessible and convenient ways to buy and sell digital currencies. This has led to the proliferation of Bitcoin ATMs worldwide, which provide a straightforward means of transacting in cryptocurrencies. Especially with the continued adoption of cryptocurrencies in countries like Hong Kong, is it still worth running one’s own Bitcoin ATM in 2023? Let’s delve into this question.
Meltem Demirors, the Chief Strategy Officer of CoinShares, has identified two key catalysts contributing to Bitcoin’s strong performance in the market. In a recent interview with Bloomberg, she disagreed with the idea that the banking crisis or lack of trust in the banking industry is the primary driver behind Bitcoin’s recent price movements.