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Author: RedWave Media
Please note that our Privacy Policy, Terms of Use, Cookies, and Do Not Sell My Personal Information have been updated.CoinDesk is an award-winning media outlet covering the cryptocurrency industry. Its journalists adhere to strict editorial policies. In November 2023, CoinDesk was acquired by Bullish Group, owner of Bullish, a regulated digital asset exchange. Bullish Group is majority owned by Block.one, and both companies have interests in various blockchain and digital asset businesses and hold significant amounts of digital assets, including Bitcoin. CoinDesk operates as an independent subsidiary with an editorial board to protect the independence of its journalism. CoinDesk employees,…
Quick Take Bitcoin has been experiencing a prolonged period of stability since hitting an all-time high above $70,000 in March, with the decline being compared to a price fluctuation of around $9,000 in 2019. Analysts Checkmate note that these price fluctuations have become “larger and more persistent,” suggesting the current “price range is becoming increasingly volatile. This volatility is a sign that a significant upside or downside could be imminent. Bitcoin intraday price trend: (Source: @Checkmatey) Intraday price action has shown significant deviations from the average, which could be due to traders trying to catch a price breakout from this…
Japanese investment firm Metaplanet has announced a partnership with SBI VC Trade, a subsidiary of financial services giant SBI Group. The partnership will help strengthen Metaplanet’s Bitcoin strategy, including compliance. Metaplanet acquired 360 Bitcoin (BTC) in an effort to become “Asia’s Microstrategy.” In a Sept. 2 announcement, Metaplanet said the partnership with SBI VC Trade is part of the company’s efforts to strengthen its Bitcoin strategy with the backing of Japanese companies, which includes trading, storage, and management of Bitcoin on Metaplanet’s behalf. Metaplanet is a public company listed on the Tokyo Stock Exchange, and its partnership with SBI's cryptocurrency…
simpson33/iStock/Getty Images Plus Frustrated by the climate realists' arguments being too illogical, German national broadcaster SWR (Südwestrundfunk) has come up with a virtual reality video game in which players can shoot them with a laser gun. Green Guardians VR is due to be publicly released this fall.Green Guardians VRIn the game, young people are invited to “learn about the wonders of fossil fuels” by an unscrupulous corporation called the “Environment Venture Income League,” or “EVIL.” The corporation's logo spells out the word “evil” in big block letters, with the “i” acting as a chimney belching out colorful smoke.If this sounds…
AP Image Tim Waltz Minnesota Governor Tim Walz has a rather tense relationship with the truth when it comes to his own background, the latest being the story that as a high school teacher he and two of his students were denied entry to a rally for then-President George W. Bush in 2004, an incident that reportedly led him to enter politics.But according to the Washington Examiner, Waltz's political origin story “contains significant inaccuracies.”First, Waltz was allowed to attend Bush's rally, according to a source who spoke on the condition of anonymity to discuss the August 2004 rally, and the…
The following is a guest post by Jiahao Sun, CEO of FLock.io.In recent years, the possibilities of AI have captivated our imaginations, conjuring visions of a future where machines improve our daily lives in the most profound and meaningful ways. But as these technologies advance, so too do concerns about their impact on privacy, security, and ethical governance.As a result, a key question is emerging prevalently: How can humans harness AI's incredible potential while mitigating its risks?Various theories attempt to provide answers, but perhaps the most promising is the concept of decentralized AI. This innovative approach is designed to restore…
The official “Cardano Improvement Proposal”, CIP-1694, describes a new community governance structure, establishing three user-led governance bodies: the Constitution Committee, Delegates (dReps), and Stake Pool Operators (SPOs). Going forward, Cardano's three founding organizations – the Cardano Foundation, Input Output Global (IOHK), and Emurgo – will no longer hold the keys to trigger chain upgrades or “hard forks”; instead, that responsibility will be delegated to the new governance group.
gguy44/iStock/Getty Images Plus The media's “bias is roughly 8 to 10 percentage points in favor of the Democratic candidate in a typical election,” Professor Tim Groseclose wrote in his 2011 book, “Left Turn.” The reality of this bias is illustrated by a story currently in the news.Nicole Shanahan, the billionaire entrepreneur and former vice presidential running mate of Robert F. Kennedy Jr., has made a startling admission: “I completely misunderstood MAGA,” she admitted in a recent interview.And it was the media that gave her the wrong information.(So, who is spreading “misinformation” again?)The beginning of changeAmerican Thinker (AT) reported on the…
Cryptocurrency exchange Coinbase witnessed the first cryptocurrency trade between an artificial intelligence (AI) bot on Aug. 30, CEO Brian Armstrong announced in a post on X.He explained that one large-scale language model (LLM) used crypto tokens to buy AI tokens from another AI bot, which is developed to perform a specific task, in this case, performing crypto transactions.AI bots will not be able to have bank accounts, but they will have cryptocurrency wallets. These AI bots will be able to transact with humans, merchants, and other AIs. Armstrong noted:”These transactions are instant, global and free.”Armstrong said AI agents currently aren't…
Solstock/iStock/Getty Images Plus Are you a Brit who's outraged that the government is stifling free speech and arresting people for posting things on social media? If so, don't assume you can just drink away your frustrations, because the speech-repressing Labour Party – the US equivalent of the Democrats – has now come up with another brilliant idea.They want to stifle the age-old traditions of British pub culture.Ah, this is not because they are worried about health or drunkenness problems, but rather, we are told, for entirely modernist reasons: there are now many Muslims in the UK.And Muslims don't like alcohol.The…
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