BlockFi avançará com o plano do Capítulo 11

BlockFi‘s Chapter 11 plan received approval earlier this week, supported by both the company’s management and the Committee of Unsecured Creditors.  According to a blog post, the plan got 90% approval across all voting classes.  The former crypto lender filed for bankruptcy in late 2022 following the collapse of FTX. It followed in the footsteps of bankrupt lenders Voyager and Celsius.  BlockFi will continue to seek recoveries from the Three Arrows Capital and FTX bankruptcies as part of the plan, which would then increase recoveries for customers.  As Blockworks previously reported, BlockFi is also fighting claims from both FTX and 3AC, which both seek to recover funds. The company alleged, however, that it fell victim to the former crypto exchange.  Leia mais: How BlockFi went from tech unicorn to crypto burnout  Additionally, back in early September, FTX objected to BlockFis bankruptcy plan, alleging that it “still suffers from certain fundamental shortcomings.”  The plan will ensure that digital assets are distributed to customers, including BlockFi Interest Account holders.  Regarding the interest accounts specifically, the blog post said that “the company expects that this will be the first wave of distributions, which will be followed by additional distributions.”  BlockFi is still working to distribute “funds to clients with assets in the

2023-10-01indústria

Crypto Exchange Gemini, com sede nos EUA, interromperá serviços comerciais em país europeu de 17,000,000 milhões de habitantes

US-based crypto exchange Gemini is shutting down its trading operations in the Netherlands, which boasts the sixth-largest economy in the European Union (EU).  In a new announcement, the company says that it will stop offering crypto services to the Dutch market on November 17th, due to requirements imposed by the De Nederlandsche Bank (DNB), the Netherlands central bank.  Gemini says its customers need to withdraw their crypto and fiat balances by that date.  In an effort to ease the transition, the exchange says it will waive any internal instant order trading fees for customers.  Gemini does, however, raise the possibility of reopening Dutch customer accounts sometime in the future.  MiCA is the upcoming European Union legislation that will provide rules covering the supervision, consumer protection and environmental safeguards of crypto assets. The law also includes measures against other financial crimes including market manipulation, money laundering and terrorist financing. Its scheduled to take effect in December 2024.  Disclaimer: As opiniões expressas no The Daily Hodl não são conselhos de investimento. Os investidores devem fazer a devida diligência antes de fazer qualquer investimento de alto risco em Bitcoin, criptomoeda ou ativos digitais. Por favor, esteja ciente de que suas transferências e negociações são por sua conta e risco,

2023-10-01indústria

Advogado de Sam Bankman-Fried desafia questões do júri propostas pelo governo dos EUA

The lawyer representing Sam Bankman-Fried, the former CEO of the now-defunct crypto exchange FTX, has claimed that the proposed jury questions for the upcoming fraud trial will elicit biased responses.  In a court filing on Sept. 29, lawyer Mark Cohen, who is representing Bankman-Fried, contends that the jury questions presented by the United States government contain prejudice that could result in an unfair trial for Bankman-Fried.  “The Governments proposed voir dire discourages full disclosure from potential jurors, fails to elicit sufficient information to allow the defense to ascertain potential juror bias, and risks tainting the jury by presenting the allegations in a prejudicial manner.”  He also argues that the language used in the jury selection questions already portrays a biased image, presuming Bankman-Frieds guilt in fraud and money laundering.  “In particular, by referring to ”his fraud,“ rather than ”his alleged fraud“ or simply ”fraud,“ the final sentence in paragraph 3 improperly suggests that fraud by Mr. Bankman-Fried is an established fact.”  Cohen stresses the importance of the court reminding potential jurors that Bankman-Fried is entitled to the presumption of innocence until proven guilty beyond a reasonable doubt.  Furthermore, Cohen argued that the court should use the voir dire proposed by Bankman-Fried.  However, Cointelegraph recently reported that the

2023-10-01indústria

O impacto ambiental da IA ​​generativa – Cryptopolitan

The rapid growth of generative AI tools for text, images, and audio has ushered in a new era of technological innovation. However, beneath the surface of these remarkable achievements lies a hidden cost that demands our attention—environmental sustainability. This article explores the environmental footprint of generative AI, including energy consumption, water usage, and the quest for more efficient models that can minimize the ecological impact.  Generative AI models, in their quest for excellence, have an insatiable appetite for energy. These models often rely on large-scale cloud providers equipped with energy-hungry chips containing a multitude of transistors. In fact, these advanced chips can demand at least ten times more energy than traditional versions. Unsurprisingly, models utilizing extensive training data and numerous parameters consume even more energy.  For perspective, training OpenAI‘s GPT-4 is estimated to have emitted roughly 300 tons of CO2. To put this into context, that’s equivalent to the emissions from 300 round-trip transatlantic flights. Importantly, this calculation doesnt account for the ongoing emissions generated during the use of the product.  The environmental impact of generative AI extends beyond energy consumption to water usage. It has been estimated that a simple ChatGPT conversation can deplete the equivalent of a 500ml water bottle. Particularly

2023-10-01indústria

Empresa francesa de telecomunicações investe milhões em IA, citando necessidades nacionais

On September 26, the French telecommunications group Iliad made a big announcement. It said that it would invest millions of euros to establish France‘s own AI industry. The company has already invested €100 Million ($106 Million) in it. The hitherto-invested amount will go into building an ’excellence lab for AI research.  What Makes French Telecoms Investment in AI Significant?  As per the communication received, a team consisting of distinguished researchers has been set up. The chairman of the Iliad, Xavier Niel, will lead this team. In his address, Niel said that France needs a proper ecosystem for running AI efficiently. He underlined the importance of the lab in making the technology more accessible to everyone.  More importantly, Iliad has procured the most powerful cloud-native AI supercomputer in Europe. It is a Nvidia DGX SuperPOD equipped with the Nvidia DGX H100. The company has already installed it in its Datacenter 5 near Paris. Niel said that having high computing power is essential for building cutting-edge AI solutions. Thus, the company is leaving no stone unturned in its investment efforts.  As per the company, the DGX SyuperPOD delivers the power that large language models (LLMs) require. Furthermore, Iliad is getting support from its subsidiaries in this

2023-10-01indústria

nChain CEO resigns, claims Craig Wright is not Satoshi

However, he now states that he is “convinced” that Wright is not Satoshi, citing “evidence” that shows Wright manipulated documents to deceive a court into asserting his claim.  In his post, Ager-Hanssen predicted that Wright would lose all of his legal battles pertaining to his claims of being Satoshi.  Ager-Hanssen also expressed his sympathies for the remaining employees at nChain but reiterated his desire to distance himself from something he no longer believes in.  He said he could no longer remain at nChain after the companys board ignored his accusations and his recommendation that Wright be removed.  “The board didnt take action, and my job becomes clearly untenable. One of the things I recommended to the chairman of the board was to sack Dr. Craig Wright.”  Christen Ager-Hanssen, former nChain CEO  The alleged manipulation of documents is a serious accusation against Wright, who has been at the center of controversy for years due to his claim of being Satoshi Nakamoto. Crypto industry experts have long questioned the legitimacy of Wright‘s claims, but Ager-Hanssen’s allegations may add further doubt and fuel to the ongoing debate.

2023-10-01indústria

Top 5 Web 3 Projects Thatll Be Profitable Investments In 2024

Web3 is the inevitable future of the internet. It works on a decentralized framework and makes the web a safer place. And if one‘s wondering, Web 3.0 has its predecessors- Web 1.0 and Web 2.0. They both mark the early evolution of technology. Today, Web 3.0 is finally ready to take the stage. It has become feasible for usage and it’s giving some potential benefits.  As a result, Web 3.0 projects have also emerged as great investment opportunities. Investors across the globe are keen to put their money into these projects. Therefore, trade experts have come up with some notable Web 3.0 projects to help investors. With them, the chances of making profits will be better.  Web 3 Projects To Look Out For In 2024  These projects have impressed analysts with their potential. They are focused on innovation and expected to bring great changes too.  The Graph Token (GRT) focuses on indexing and querying the data of blockchains. Moreover, it functions as a global data layer while strengthening storage networks. By streamlining the indexed data, it makes the querying and retrieval of information very easy. It operates on the ERC-20 network and plays a pivotal role in the graph ecosystem.  Render Token (RNDR) is an

2023-10-01indústria

A teoria de proteção contra a inflação do Bitcoin testada à medida que o aumento das taxas de juros traz turbulência aos mercados

The United States economy has been facing turbulent times lately, with the U.S. Personal Consumption Expenditure (PCE) inflation index rising by a significant 3.5% over the past 12 months. Even when excluding the volatile food and energy sectors, its evident that the efforts made by the U.S. Federal Reserve to curb inflation have fallen short of their 2% target rate.  U.S. Treasurys have lost a staggering $1.5 trillion in value, primarily due to these rate hikes. This has led investors to question whether Bitcoin (BTC) and risk-on assets, including the stock market, will succumb to heightened interest rates and a monetary policy aimed at cooling economic growth.  As the U.S. Treasury keeps flooding the market with debt, theres a real risk that rates could climb even higher, exacerbating the losses to fixed-income investors. An additional $8 trillion in government debt is expected to mature in the next 12 months, further contributing to financial instability.  As Daniel Porto, the head of Deaglo London, pointed out in remarks to Reuters:  “(The Fed) are going to play a game where inflation is going to lead, but the real question is can we sustain this course without doing a lot of damage?”  Portos comments resonate with a growing concern

2023-10-01indústria

O papel e a relevância das criptomoedas indexadas

In the digital epoch where technology and finance conflate to reinvent the wheel of economic interaction, stablecoins have emerged as a conspicuous player, curating a unique space that endeavors to amalgamate the best of both the fiat and cryptocurrency worlds. Embedded in the vast, dynamic universe of decentralized finance (DeFi), stablecoins aspire to juxtapose the decentralized, borderless, and frictionless nature of cryptocurrencies with the stability and reliability that is emblematic of traditional fiat currencies.  The ensuing discourse seeks to delve into the multifaceted realm of stablecoins, exploring their intrinsic mechanisms, exploring their operational modus operandi, dissecting their potential and actualized use cases, and scrutinizing the challenges and ethical dilemmas they present. Through a holistic lens, we shall traverse through varied thematic terrains, from the technical underpinnings and global impact to nuanced discussions on market dynamics, risk management, and ethical conundrums, thereby attempting to offer a panoramic view of the stablecoin ecosystem.  Entendendo as Stablecoins  1.1 Definition and Core Concept Stablecoins are digital currencies pegged to a stable asset, such as fiat currency or a commodity (e.g., gold), aiming to mitigate the notorious volatility typically associated with cryptocurrencies like Bitcoin and Ethereum.  1.2 Características  Estabilidade: By anchoring its value to other stable assets, stablecoins endeavor to

2023-10-01indústria

Aumento incomum de atividade nos volumes de negociação de 5 Altcoins nas bolsas sul-coreanas

Upbit, South Koreas largest cryptocurrency exchange, has recently experienced unusual increases in trading volumes for several altcoins.  Cosmos (ATOM) saw a significant increase in trading volume on the 1-hour chart. While the average last 50 1-hour volume on Upbit was $7,000, the last recorded volume increased by 702.34% to $53,000. In Binance, while the 1-hour average 50 volume was 38 thousand, the last recorded volume of 46 thousand indicated an increase of 22.84%.  MultiversX (EGLD) also experienced an unusual increase in volume on its 1-hour chart. While the 1-hour average volume of 50 on Upbit was 732 dollars, it increased by 284.84% to 3 thousand in the last hour. On Binance, the average and last recorded volumes were both around $4k.  On its 4-hour chart, Zilliqa (ZIL) increased its average trading volume from $32 million on Upbit to an impressive 92 million, an increase of approximately 187.74%. On Binance, the average volume was around 29 million dollars, while the last transaction volume was recorded as 34 million, a slight increase of approximately 14.26%.  Tezos (XTZ) recorded an increase of approximately 411.52%, with the average trading volume on Upbit rising from $26,000 to 135,000 in the last hour. On Binance, the average and last recorded

2023-10-01indústria
1
...
202204
...
686