Month: May 2025

Crypto execs cheer as Australia appoints pro-crypto assistant minister

by

Australia’s crypto industry has expressed positivity after the recently reelected government named pro-crypto politician Andrew Charlton as assistant minister for the digital economy, artificial intelligence and other emerging technologies.  Prime Minister Anthony Albanese told reporters in Canberra during a May 12 press conference that Charlton would be the new assistant minister for science, technology and … Read more

Bitcoin Crossing $2T in Market Cap Triggers Wave of New Buyers, but Key Players Tread Cautiously, Onchain Data Show

by

Bitcoin’s (BTC) $2 trillion market cap has attracted a wave of new buyers to the market, while seasoned traders turn cautious, according to analysis of on-chain data by Glassnode. BTC’s price topped $100,000 last Thursday, lifting its market capitalization above $2 trillion for the first time since Jan. 31, according to data source TradingView. Since … Read more

Craig Wright sent enemies to legal ‘hell,’ says judge in restraining order

by

A British High Court has issued a restraining order against computer scientist Craig Wright, preventing him from filing further defamation suits.  In a May 12 judgment, High Court Judge Edward Mellor said Wright’s repeated false claims and aggressive legal actions created legal “hell” for individuals and developers in the Bitcoin (BTC) community, adding that Wright … Read more

SEC hacker once Googled ‘if I am being investigated by the FBI’

by

Eric Council Jr., the SIM swap hacker who helped compromise the Securities and Exchange Commission’s X account last year, made $50,000 performing similar attacks and even searched how to tell if the FBI is investigating him, recent filings show. The recent filing was part of the prosecutor’s request to sentence him to two years in … Read more

Bitcoin Drop Causes $500M Long Liquidations as Dogecoin, ADA Slide 7%

by

A sharp pullback in crypto markets late Monday triggered over $500 million in long liquidations, erasing earlier gains as bitcoin (BTC) slipped from weekend highs and traders reacted to de-escalating U.S.-China trade tensions. Coinglass data shows more than $530 million worth of long positions were liquidated in the past 24 hours — with nearly $200 … Read more

What to Expect at Consensus 2025

by

How is crypto changing the face of finance? What’s next for stablecoins, tokenization, and Web 3 marketing? How will digital assets be regulated in the future? These are just some of the questions up for debate as Consensus 2025 kicks off in Toronto this Wednesday. Staged this year at the Metro Toronto Convention Center, crypto’s … Read more

Dubai taps Crypto.com to enable crypto payments for govt services

by

The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services.  The agreement, formalized during the Dubai fintech Summit on May 12, is part of Dubai’s cashless strategy, which hopes to foster the city’s transition to “a fully digital, cashless society,” by introducing “a new digital payment … Read more

Hodl my beer: Businesses are the biggest Bitcoin buyers this year

by

Corporations and businesses are the largest net buyers of Bitcoin so far this year, outpacing exchange-traded funds and retail investors, according to new research.  Firms such as Michael Saylor’s Strategy have bought more Bitcoin (BTC) this year than any other category of investor, with overall corporate holdings growth totalling 157,000 BTC, worth around $16 billion … Read more

Strong Eigenvector Comparison for Optimal ESPRIT Convergence

by

Table of Links Abstract and 1 Introduction 1.1 ESPRIT algorithm and central limit error scaling 1.2 Contribution 1.3 Related work 1.4 Technical overview and 1.5 Organization 2 Proof of the central limit error scaling 3 Proof of the optimal error scaling 4 Second-order eigenvector perturbation theory 5 Strong eigenvector comparison 5.1 Construction of the “good” … Read more

Proof of Optimal Error Scaling for ESPRIT Algorithm

by

Table of Links Abstract and 1 Introduction 1.1 ESPRIT algorithm and central limit error scaling 1.2 Contribution 1.3 Related work 1.4 Technical overview and 1.5 Organization 2 Proof of the central limit error scaling 3 Proof of the optimal error scaling 4 Second-order eigenvector perturbation theory 5 Strong eigenvector comparison 5.1 Construction of the “good” … Read more

Can AI Grow Up? Why Robots Don’t Have Childhoods (Yet)

by

Table of Links Abstract and Introduction Extents and ways in which AI has been inspired by understanding of the brain 1.1 Computational models 1.2 Artificial Neural Networks Embodiment of conscious processing: hierarchy and parallelism of nested levels of organization Evolution: from brain architecture to culture 3.1 Genetic basis and epigenetic development of the brain 3.2 … Read more

How Evolution Shaped the Brain’s Unique Architecture Compared to Computers

by

Table of Links Abstract and Introduction Extents and ways in which AI has been inspired by understanding of the brain 1.1 Computational models 1.2 Artificial Neural Networks Embodiment of conscious processing: hierarchy and parallelism of nested levels of organization Evolution: from brain architecture to culture 3.1 Genetic basis and epigenetic development of the brain 3.2 … Read more

Second-Order Eigenvector Perturbation Theory for ESPRIT Analysis

by

Table of Links Abstract and 1 Introduction 1.1 ESPRIT algorithm and central limit error scaling 1.2 Contribution 1.3 Related work 1.4 Technical overview and 1.5 Organization 2 Proof of the central limit error scaling 3 Proof of the optimal error scaling 4 Second-order eigenvector perturbation theory 5 Strong eigenvector comparison 5.1 Construction of the “good” … Read more

Anchorage Digital buys Mountain Protocol, USDM stablecoin winds down

by

Crypto bank Anchorage Digital has expanded its stablecoin offerings with the acquisition of Mountain Protocol, a stablecoin issuer that says it will begin winding down its main stablecoin, Mountain USD (USDM). The acquisition, which is subject to customary closing conditions and regulatory approval, will integrate the Mountain Protocol team, tech stack and licensing framework into … Read more