Latest News and Articles about AI
Strategy Raises $711M in Stock Offering to Boost Bitcoin Holdings
Strategy Upsizes Stock Offering to $711M, Plans More Bitcoin Buys Strategy, formerly known as MicroStrategy, has successfully raised $711.2 million through an upsized preferred stock offering, aiming to fuel its ongoing Bitcoin acquisition strategy. The company plans to use these funds for Bitcoin purchases and working capital, reinforcing its commitment to digital capital since 2020. […]
Read MoreAI Trading Platform aixbt Loses 55.50 ETH to Clever Scam
aixbt Agent Falls for Scam, Loses 55.50 ETH In a plot twist that sounds ripped from a cyberpunk novel, the AI-driven trading platform, aixbt, was outsmarted by a cunning scammer, losing a hefty sum of 55.50 ETH, valued at around $104K. The incident, confirmed by the platform’s anonymous founder, 0rxbt, underscores the challenges of integrating […]
Read MoreBitfarms Boosts U.S. Expansion with $110M Stronghold Buy, Targets AI and HPC
Bitfarms Expands U.S. Presence with Stronghold Acquisition, Eyes AI and HPC Opportunities Bitfarms, a Canadian Bitcoin mining firm, has finalized its acquisition of Stronghold Digital Mining, marking a significant expansion in the U.S. This all-stock transaction, valued at over $110 million, not only strengthens Bitfarms’ foothold in the lucrative PJM market but also paves the […]
Read MoreBitfarms Acquires Stronghold for $110M, Targets AI and Bitcoin Mining Expansion
Bitfarms Acquires Stronghold Digital Mining for $110M: A Game-Changer in Bitcoin Mining and AI In a strategic move that could reshape the landscape of Bitcoin mining and AI computing, Bitfarms has completed its $110 million acquisition of Stronghold Digital Mining. This all-stock merger, the largest in the sector’s history, not only beefs up Bitfarms’ energy […]
Read MoreSkyren DAO’s Spokesperson Bites Microphone, Sparks Viral Trend and Presale Buzz
Skyren DAO’s Bizarre Microphone Incident Sparks Viral Trend in Crypto World Skyren DAO’s spokesperson turned a routine DeFi and AI interview into a viral sensation by attempting to eat the microphone, bringing unexpected attention to their presale. Skyren DAO spokesperson bites into microphone during live interview Viral memes and social media buzz follow Project offers […]
Read MoreBrazil’s Correios Adopts Blockchain and AI to Revolutionize Logistics
Brazil’s Correios Embraces Blockchain and AI for Next-Gen Logistics Brazil’s state-owned postal service, Empresa Brasileira de Correios e Telégrafos (Correios), is actively adopting digital technologies to revolutionize its operations. With over 12,000 post offices across the country and managing numerous contracts and purchases annually, Correios is looking to blockchain and artificial intelligence (AI) to enhance […]
Read MoreLarry Fink Urges Investors to Buy 2025 Market Dip Amid AI Growth
Larry Fink’s 2025 Market Advice: Buy the Dip Amid AI-Driven Growth – BlackRock CEO Insights Larry Fink, CEO of BlackRock, advises investors to buy into a market downturn if it occurs in 2025, predicting turbulence due to trade tensions but maintaining long-term optimism fueled by AI advancements. Larry Fink advises to buy during a “big […]
Read MoreRiot Platforms Surges to $109.4M Profit in 2024, Eyes AI and HPC Expansion
Riot Platforms Turns the Tables: From Loss to $109.4M Profit in 2024 Riot Platforms, a leading Bitcoin mining company, turned a significant corner in 2024, posting a net profit of $109.4 million after a $49.4 million loss the previous year. Their total revenue surged by 34% to $376.7 million, driven by a near doubling of […]
Read MoreHashPower Secures $50M MOU at Consensus HK for AI and DePIN Innovation
HashPower Secures Up to $50M Investment MOU at Consensus HK HashPower announced a significant milestone at Consensus HK, securing up to $50 million in investment through a Memorandum of Understanding (MOU) for its $HPX token. This development underscores the company’s pivotal role in advancing AI and decentralized infrastructure. HashPower secures up to $50M investment through […]
Read MoreAI Revolutionizes Crypto Compliance: Enhancing Efficiency While Preserving Human Oversight
AI in Crypto Compliance: Balancing Innovation and Accountability How can artificial intelligence (AI) revolutionize compliance in the cryptocurrency industry without compromising the essential human elements of oversight and ethical judgment? This question is at the heart of the crypto industry’s journey towards a more efficient and secure future. AI enhances crypto compliance by detecting hidden […]
Read MoreSarawak and Vietnam Lead with Blockchain and AI for Sustainability and Digital Growth
Sarawak and Vietnam Blaze Trails with Blockchain and AI Sarawak, Malaysia, is pioneering a new climate change center, harnessing blockchain and AI for environmental innovation, while Vietnam is recognized by the UN for its digital transformation strides, targeting high-income status by 2045. Sarawak’s new climate center uses blockchain and AI for climate mitigation. Vietnam recognized […]
Read MoreMalaysia Fights Corruption with Blockchain and AI: A Global Trendsetter
Malaysia’s Battle Against Corruption: Harnessing Blockchain and AI Malaysia is leveraging the power of blockchain and artificial intelligence (AI) to tackle corruption and fraud, aiming to become a pioneer in using technology for governance. Malaysia’s anti-corruption strategy utilizing blockchain and AI. The role of the MyDigital ID Superapp in digital transformation. International collaboration with the […]
Read MoreTether Ditches Blockchain Rumors for AI and $13.7B Profit in 2024
Tether CEO Paolo Ardoino Shuts Down Blockchain Rumors, Pivots to AI and Profits In a surprising move, Tether’s CEO Paolo Ardoino has firmly dismissed rumors of launching a proprietary blockchain, instead steering the company towards exciting developments in artificial intelligence and record-breaking profits. Here’s what you need to know: Tether CEO denies blockchain launch rumors […]
Read MoreTsotchke’s $20M Quantum AI Hype Exposed as PRNG Scam: Experts Warn
Tsotchke’s Quantum Leap: A Closer Examination Reveals a Quantum Flop Tsotchke, a crypto project that raised $20 million on the promise of “quantum-enhanced AI at room temperature,” has come under fire from experts who claim its technology is nothing more than a fancy pseudorandom number generator (PRNG). Tsotchke raised $20 million on claims of “spin-based […]
Read MoreAI-Powered Autonomous Agents Revolutionize Finance: Risks and Rewards
Machines vs. Markets: The AI Takeover of Finance The financial sector is witnessing a transformative shift as autonomous agents powered by artificial intelligence (AI) are set to revolutionize how we interact with money and markets. These agents, operating on decentralized networks, are poised to democratize financial tools, enhance market transparency, and expand the utility of […]
Read MoreMalaysia’s MACC Uses Blockchain and AI to Combat Corruption
Malaysia’s Anti-Corruption Commission Harnesses Blockchain and AI to Combat Fraud The Malaysian Anti-Corruption Commission (MACC) is integrating blockchain and artificial intelligence (AI) to enhance its fight against corruption and fraud. Chief Commissioner Tan Sri Azam announced this strategy at the 3rd International Conference on Technology, Humanities, and Management in Maldives, emphasizing the potential of these […]
Read MoreMark Karpeles: Bitcoin’s Impact on Finance and Emerging Tech Trends
Mark Karpeles on Bitcoin’s Role in Modern Finance and Future Technologies Mark Karpeles, once at the helm of the infamous Mt. Gox, shares his insights on Bitcoin’s revolutionary impact on finance and the technologies set to drive future changes. Karpeles emphasizes Bitcoin’s transformative role in finance. Identifies cryptocurrencies, AI, and quantum computing as key drivers […]
Read MoreMichael Saylor’s Bold Bitcoin Bet: MicroStrategy’s $1.1B Buy and AI Marketing
Michael Saylor Reaffirms His Confidence in Bitcoin: Create Something Better Michael Saylor, co-founder of MicroStrategy, continues to champion Bitcoin as the premier cryptocurrency, even amidst market fluctuations. His latest social media post, featuring an AI-generated image, reinforces his belief in Bitcoin’s unmatched potential. Saylor’s unwavering belief in Bitcoin MicroStrategy’s substantial Bitcoin investments Bitcoin’s price volatility […]
Read MorePerpetual Futures and AI Reshape Crypto Trading: Opportunities and Challenges
The Future of Crypto Trading: Perpetual Futures and the Role of AI The cryptocurrency market is evolving rapidly, with perpetual futures offering unprecedented flexibility and AI enhancing trading strategies. This transformation presents both opportunities and challenges for traders and institutions alike. Perpetual futures revolutionize trading AI enhances market navigation Institutions face a steep learning curve […]
Read MoreFormer Binance CEO CZ Launches YZi Labs to Manage $70B, Invest in AI and Biotech
Former Binance CEO CZ Forms Family Office To Navigate Wealth Of $70 Billion Changpeng “CZ” Zhao, the former CEO of Binance, has launched YZi Labs, a family office to manage his substantial $70 billion fortune. Following his legal challenges and a brief stint in prison, Zhao’s new venture marks a significant shift, focusing on managing […]
Read MoreCrypto Billionaire Novogratz Declares AI as New Arms Race Amid Stargate Project Launch
Crypto Billionaire Novogratz: ‘AI Is the New Arms Race’ Crypto billionaire Mike Novogratz, CEO of Galaxy, has declared artificial intelligence (AI) as “the new arms race,” signaling a major shift in the tech and crypto landscapes. This statement comes on the heels of The Stargate Project’s launch, a colossal AI infrastructure initiative backed by industry […]
Read MoreReddio’s Parallel EVM Testnet Launches: Boosts AI with 12,000 TPS
Reddio Launches Public Testnet: A New Era of Parallel EVM Powering Autonomous AI Singapore-based blockchain innovator Reddio has launched its public Testnet, introducing the world’s first Parallel EVM (Ethereum Virtual Machine) designed to revolutionize AI capabilities within the decentralized world. This milestone, achieved on January 16th, 2025, promises to redefine the landscape with unparalleled performance […]
Read MoreChainalysis Boosts Fraud Defense with $150M Alterya AI Acquisition
Chainalysis Acquires AI Startup Alterya for $150M to Combat Cryptocurrency Fraud Chainalysis, a leading blockchain analytics firm, has made a strategic acquisition of Alterya, an AI-powered fraud detection startup, for $150 million. This move bolsters Chainalysis’s capabilities in thwarting illicit transactions at a time when the crypto industry faces sophisticated scams fueled by generative AI. […]
Read MoreMike Novogratz: Blockchain Can Shield Us from AI Dangers, Boost Efficiency
Billionaire Mike Novogratz Sees Blockchains as a Shield Against the Dangers of AI Mike Novogratz, the CEO of Galaxy Digital, recently shared his belief that blockchain technology could serve as a safeguard against the potential dangers of centralized artificial intelligence (AI). In an interview, he drew parallels between AI and the centralized databases depicted in […]
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