While discussions about AI’s societal impact dominate globally, Africa’s limited internet access and other realities make widespread AI adoption on the continent unlikely. This points to the need for practical solutions before debating theoretical risks. AI Threat Debate Misses the Mark The debate surrounding artificial intelligence (AI) and its potential societal impact dominates headlines. However,…
The latest market data shows artificial intelligence (AI)-focused coins haven’t quite joined the party, missing out on the notable gains witnessed across the crypto universe. AI Crypto Tokens: Who’s Winning and Who’s Falling Behind This Month? Over the last 30 days, the artificial intelligence (AI)-based crypto sector was a bit of a straggler, left in…
November 14, 2024 at 09:00 PM GST updated: November 14, 2024 at 06:03 PM 4 mins read Press Release Exploring the cryptocurrency landscape reveals how strategic advantages shape the market presence of each coin. Within the world of digital finance, entities like Bittensor, XRP, and BlockDAG stand out, each charting innovative paths. Bittensor leverages artificial…
Binance Chain secures $10M in Google Cloud credits to boost its MVB Program, supporting AI, DeFi, and NFT projects. With over 4,000 dApps, Binance Chain continues to grow as a hub for decentralized innovation, leveraging Google Cloud for operational scaling. In a very strategic move, Binance Chain has gained $10 million in cloud service credits…
November 12, 2024 at 03:35 PM GST updated: November 12, 2024 at 12:33 PM 2 mins read Crypto Live News Tether’s WDK empowers developers with tools to build self-custody wallets for both humans and AI. WDK’s open-source design supports flexible, secure wallet solutions across mobile and AI platforms. Tether expands WDK compatibility to all supported…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Near Protocol, a decentralized blockchain platform, recently announced its ambitious open-source Artificial Intelligence (AI) project. Unveiled at the Redacted conference in Bangkok, the initiative aims to revolutionize the open-source AI landscape and promise new opportunities for innovation and collaboration. The Near Protocol Decentralized AI Solution The upcoming AI model…
With artificial intelligence dominating interest within the tech sector, development has become paramount. However, that has left a host of companies investing heavily in developing technology while seeing few returns for their effort. That could be changing for Apple (APPL), who has found a way to monetize its AI tools as it looks to edge…
Vitalik Buterin highlights prediction markets as part of the larger “information finance” concept. Buterin says that information finance can address trust issues in politics, science, and business by aggregating collective insights. Ethereum co-founder Vitalik Buterin is expanding the views of prediction markets in his latest article, “From Prediction Markets to Info Finance.” In it, he…
Injective and ASI activate AI interoperability, advancing on-chain decentralized AI development. New FET token access in Injective boosts AI-driven DeFi capabilities across its ecosystem. Injective, in collaboration with the Artificial Superintelligence Alliance (ASI), has officially activated interoperability rails, marking a significant step forward in the integration of AI and blockchain technology in on-chain finance. Injective…
Galaxy Digital is the latest Bitcoin mining firm exploring a shift to AI, driven by increasing competition and rising mining difficulty within the sector. In its third-quarter earnings report released on Nov. 7, Galaxy announced a preliminary agreement with an undisclosed US hyperscaler—a large data center operator—to potentially convert its 800-megawatt (MW) Helios mining facility…
According to the data from CoinMarketCap AI-based cryptocurrency tokens and coins have surged significantly in the past 24 hours. Near Protocol (NEAR) price grew over 10% intraday reaching $4.11 similarly Bittensor (TAO) reached $512.99 adding 19.21% to its price, Internet Computer (ICP) added 6.53% and Artificial Super Intelligence Alliance (FET) reached $1.37 surging 17.52%. Source:…
November 6, 2024 at 06:00 AM GST updated: November 5, 2024 at 03:41 PM 3 mins read Press Release As time passes, integrating AI-driven technologies into the blockchain system creates endless, unprecedented opportunities in real estate investments. In an ever-evolving crypto world, these changes break down barriers and limit the traditional and primitive route of…
Bitcoin mining firms face rising costs, pushing them to diversify revenue sources by incorporating AI and high-performance computing services. Russia enforces strict crypto mining laws, allowing only registered entities and tightening regulations to curb financial crimes. CoinShares report reveals a significant breakthrough in the Bitcoin mining business. Second-quarter cash flow data shows that the average…
SingularityDAO merges with SelfKey and Cogito to form Singularity Finance. 94.7% of SDAO holders approved the merger, awaiting KEY holders’ final vote. Singularity Finance to focus on AI, RWA tokenization, and on-chain identity. In a landmark decision, SingularityDAO, the DeFi arm of the SingularityNET AI ecosystem responsible for decentralized portfolio management, has voted to merge…
The Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE) in Nigeria has announced a $1.7 million (NGN2.8 billion) Google grant to promote artificial intelligence (AI) talent development. This will support the Ministry’s AI initiatives and align with Google.org’s $5.8 million commitment to digital skills programs across Sub-Saharan Africa. The grant will aid Data Science…
November 1, 2024 at 05:00 AM GST updated: October 31, 2024 at 08:25 PM 3 mins read Press Release The current market conditions are ripe for an uptrend, but Cardano (ADA) continues to disappoint investors. The Cardano price has slipped more than 50% below its 2024 high. Cardano holders are now rotating their capital to…
Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships. Injective Integrates With Fetch.ai And ASI This week, the proposal by Fetch.ai and the Artificial Superintelligence Alliance (ASI) community to integrate Injective…
Bangkok will host the Open AGI Summit on November 13 alongside DevCon 2024. The summit focuses on ethical AI development through decentralized governance models. Prominent speakers include Pramod Viswanath and Sandeep Nailwal from leading firms. Bangkok is set to be the epicenter of innovation as it hosts the Open AGI Summit on November 13, 2024,…
October 30, 2024 at 02:45 AM GST updated: October 29, 2024 at 07:22 PM 5 mins read Press Release The rapid advancement of blockchain technology and artificial intelligence (AI) is reshaping industries and redefining the future of finance and technology. Projects like Qubetics and the Artificial Super Intelligence Alliance are at the forefront of this…
As the stock still attempts to rebound from underwhelming Q2 earnings data, Intel (INTC) is bracing for its steepest revenue drop in five quarters as it continues to struggle within the AI sector. Despite the booming market, the company has failed to capitalize on its position, with the chipmaker floundering. The company is set to…
October 29, 2024 at 07:00 PM GST updated: October 29, 2024 at 03:35 PM 4 mins read Press Release WallitIQ (WLTQ) has strategically positioned itself as a global leader in the crypto industry by pioneering an AI trading technology that is transforming the crypto DeFi space. This AI technology of the WallitIQ (WLTQ) platform is…
In what is a monumental moment for the company, Apple (APPL) has released its first batch of AI tools for products as stocks race to reach a $4 trillion market cap is officially underway. The company has begun the rollout of artificial intelligence products for the iPhone, iPad, and iMac. The release is for users…
October 28, 2024 at 05:54 PM GST updated: October 28, 2024 at 05:52 PM 2 mins read News Tether’s new AI SDK empowers developers with privacy-focused, decentralized tools for secure AI applications across all devices. Tether’s modular AI SDK supports models like Marian and Llama, offering adaptable, open-source solutions that enhance data privacy. Coinbase’s on-chain…
Nvidia stock hit a new milestone today. The company became the world’s most valuable business during a growing AI chip controversy. A Mumbai drugmaker was caught sending restricted chips to Russia. These chips, worth $300 million, were meant “to target sensitive sectors in Russia’s military-industrial complex.” Also Read: Vitalik Buterin Defends Ethereum Strategy Amid Data…
Coinbase, a leading player in the cryptocurrency exchange arena, has introduced an innovative AI tool named “Based Agent,” aimed at simplifying the process for developers to create AI agents. This launch comes in response to the increasing demand for AI functionalities in the crypto space. On October 26, Lincoln Murr, a developer at Coinbase, showcased…
Tether and Coinbase are diving deep into artificial intelligence (AI), each unveiling new tech designed to bring enhanced privacy and onchain autonomy to the blockchain world. Blockchain and AI Tools In separate announcements this week, Tether and Coinbase revealed AI-driven products poised to reshape how developers and users engage with blockchain technology. Tether’s CEO Paolo…
The following is a guest post by Yannik Schrade, CEO and Co-founder of Arcium. When Oracle AI CTO Larry Ellison shared his vision for a global network of AI-powered surveillance that would keep citizens on their “best behavior”, critics were quick to draw comparisons to George Orwell’s 1984 and describe his business pitch as dystopian….
In a shocking development for the cryptocurrency sector, Goatseus Maximus (GOAT), the token that is apparently an AI-controlled meme coin, has surpassed $800 million in market cap. Indeed, the token’s meteoric rise has even gotten the attention of Coinbase CEO Brian Armstrong. In a recent post to X (formerly Twitter), Armstrong reached out to the…
Coinbase CEO Brian Armstrong has offered to establish a dedicated crypto wallet for Truth Terminal, an AI agent that has recently gained fame within the crypto community. On Oct. 23, Armstrong inquired whether Truth Terminal would be interested in obtaining its wallet, as its current wallet is managed by its human creator, Andy Ayrey. While…
Zero1 Labs partners with NEAR Protocol to support decentralized AI builders and grassroots teams through hackathons and community initiatives. NEAR Protocol and Zero1 Labs collaborate to foster innovation in decentralized AI, empowering developers with scalable blockchain infrastructure and community support. Officially, Zero1 Labs has partnered with Layer 1 blockchain network NEAR Protocol, which is driving…
October 23, 2024 at 03:13 AM GST updated: October 22, 2024 at 03:45 PM 2 mins read News Cryptocurrencies improve with the help of AI, which provides high transactional speed and allows for the instantaneous exchange of digital assets. Machine learning models enhance accuracy in the crypto business, decreasing the amount of mistakes in transactions…
The International Business Machines Corporation (IBM) released the latest version of its artificial intelligence models catered towards businesses. The move by Big Blue looks to jump on the ongoing AI train amid a surge of interest in the artificial intelligence industry. Currently led by tech powerhouses Nvidia (NVDA) and Microsoft (MSFT), IBM is hoping to…
The bitcoin mining company and vertically integrated blockchain firm DMG Blockchain Solutions has announced a partnership with Malahat Nation to develop Canada’s first Indigenous-led artificial intelligence (AI) data centers. The project, designed to utilize clean energy, is expected to expand technology infrastructure while promoting economic growth in Indigenous communities. DMG Blockchain and Malahat Nation Join…
Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and Coreweave Extend Partnership This contract extension could bring Core Scientific’s (Nasdaq: CORZ) total revenue up to $8.7 billion over the next 12 years….
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency mining. Both entities plan to build data centers and focus on enhancing their potential. This partnership aims to…
October 21, 2024 at 07:48 PM GST updated: October 21, 2024 at 03:43 PM 2 mins read News Jan van Eck believes Bitcoin could hit $350K as it captures half of gold’s market cap amid growing central bank adoption. Despite VanEck’s optimism, institutional investment in crypto remains low, with individual investors driving the majority of…
Input Output Global, the developer behind Cardano, recently signed a Memorandum of Understanding (MoU) with Argentina-based tech solutions provider Globant. Globant is focused on creating digital products to connect businesses with consumers. It leverages top technology and creativity to achieve this feat. In over 21 years of operations, it has expanded across 33 countries. The…
Bitcoin miners and artificial intelligence (AI) cloud providers, along with high-performance computing (HPC) operators, share an unexpected bond in their quest for computing muscle. As the cryptocurrency scene shifts, some bitcoin mining setups are finding fresh purpose in the fast-growing fields of generative AI and large language models (LLMs). A Closer Look at the Unseen…
The US Department of the Treasury announced that it has prevented and recovered over $4 billion in fraud and improper payments during the 2024 fiscal year, leveraging machine learning and artificial intelligence (AI) technologies. According to the Treasury’s Oct. 17 statement, this $4 billion figure includes funds both recovered and those stopped before fraudulent transactions…
Amid the overarching revolution taking place in the tech sector, Microsoft and its continued expansion in both AI and cloud technology has its MSFT stock eyeing a massive start to 2025. Many experts are projecting the company to handily outperform the consensus figures for Q1 amid its current trajectory. The growing demand for artificial intelligence…
Turbo is trending at around all-time highs. The upswing started in mid-September and initiated a move up that saw the AI meme coin break above local resistances, which is now supported and propelling valuation to record highs. At press time, TURBO is changing hands at $0.010 but is down nearly 20% from this week’s highs….
Based on market data, goatseus maximus (GOAT), a meme coin generated by an artificial intelligence (AI) bot, has been steadily increasing in value since its introduction. Over the past 24 hours, it has appreciated by 132% against the U.S. dollar. From AI Bot to Major Crypto Exchanges: GOAT Climbs 546% in a Week It’s hard…
Analysts at global research and brokerage firm Bernstein say bitcoin’s surge is fueled by Donald Trump’s rising chances in the 2024 election. They point to Microstrategy’s stock, soaring 191% this year, as a key signal of a looming market breakout. With Trump leading in key swing states, his election odds are igniting a stronger crypto…
Amid the growing demand for artificial intelligence products, Amazon (AMZN) has inked a new AI partnership. Indeed, the massive e-commerce company has signed a new five-year agreement with Databricks, a privately owned cloud-based intelligence company that develops AI solutions. The move will see Amazon increase its AI development. Specifically, the move is key to increasing…
October 15, 2024 at 06:20 PM GST updated: October 15, 2024 at 05:17 PM 2 mins read News Hong Kong police dismantle a $46M crypto scam using deepfake AI, arresting 27 suspects across Asia. The syndicate used AI-generated personas to lure victims into fake crypto investments, defrauding millions. Victims believed they were in genuine relationships,…
Vice President Kamala Harris has unveiled a plan focused on supporting Black men, with cryptocurrency playing a significant role. Her “Opportunity Agenda for Black Men” includes ensuring that those holding digital assets “benefit from financial innovation.” Noting that over 20% of Black Americans have owned cryptocurrency, Harris promises regulatory protections to help safeguard their participation…
A meme coin named GOAT, issued by an artificial intelligence (AI) bot known as “Truth Terminal,” has gained significant traction with a dramatic rise in value. According to a report published by chaincatcher.com, authored by Deep Tide Techflow, on Oct. 11, the meme coin achieved a 12,000% increase in the first 24 hours, bringing attention…
According to Bernie Bloom, overcoming the blockchain trilemma requires building storage solutions that scale to exabytes and integrate seamlessly with smart contracts. Bloom, a serial entrepreneur and co-founder of Xandeum Labs, argues that this is essential for the “wholeness” of smart contract blockchains. Storage: A Key to Resolving the Blockchain Trilemma In written responses shared…
Kenya, in partnership with the United Nations Development Program (UNDP) and Microsoft, has established the Africa Centre of Competence for Digital and AI Skill. This center aims to equip public sector employees with digital and AI skills to improve service delivery across Africa. It aligns with Kenya’s National Digital Master Plan and focuses on topics…
As of Q3 2024, CryptoRank stated that 3 million addresses were active every day on NEAR Protocol, making it a major player in the blockchain world. This huge number is higher than both Tron (2 million daily active addresses) and Solana (2.4 million daily active addresses) during the same time period. The growth of NEAR…