DCG agrees deal with Genesis that would see recoveries of up to 90%
The estimated USD equivalent recoveries could account for 70% to 90% for Genesis creditors, should the amended plan be carried...
Month: August 2023
DoorDash launches AI bot to take customer takeout orders
During peak times, DoorDash’s AI system will take the load off restaurants by automatically answering incoming phone calls. Food delivery...
Consumer surveys show a growing distrust of AI and firms that use it
A global consumer survey from Salesforce shows a growing distrust toward firms that use AI, while an Australian survey found...
DoorDash launches AI bot to take customers’ takeout orders
During peak times, DoorDash’s AI system will take the load off restaurants by automatically answering incoming phone calls. Food delivery...
Bitcoin may hit $100K by capturing ‘even 2 to 5% of gold’s market cap’ — Hut 8 VP Sue Ennis
New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive...
Shibarium wallets surpass 100K after SHIB devs relaunch bridge
Shytoshi Kusama, the co-founder of the SHIB token, said the bridge was fixed with the help of Polygon Labs co-founder...
Bitcoin revenue per terahash nears record lows as hash rate soars
As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability. Bitcoin mining...
Solana-based Clockwork to shutter citing ‘limited commercial upside’
Clockwork’s planned closure comes about a year after receiving $4 million in a seed round led by Multicoin Capital. The...
Friend.tech threatens to punish users if they use copycat apps
Friend.tech warned users who choose to jump ship to “forks and copies” will see their existing points forfeited. Crypto’s newest...
Crypto bull run: Traders share their plans for the ‘tornado’ to come
Millions of new crypto investors could be experiencing their very first bull run soon, and those who’ve been through it...
OpenAI debuts ChatGPT Enterprise — 4 times the power of consumer version
OpenAI also claims it is two times faster than GPT-4 with enhanced privacy and security standards. OpenAI, the creators of...
BitBoy Crypto brand will no longer include YouTuber Ben Armstrong
The crypto influencer brand had a reach of more than 3.3 million followers at the time the company announced Ben...
Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis
New developments in the Bitcoin mining space have Hut8 vice president Sue Ennis convinced that well positioned miners will thrive...
New tax rules for crypto in the US: Law Decoded
The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers....
US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction
The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’...
