More Data, Less Cost: the Quiet Revolution in Blockchain Oracles

Blockchain oracles are fast becoming important elements within decentralized ecosystems by acting as essential data bridges between blockchain-based applications and the analogue world. Despite their growing importance, existing oracle networks face a number of persistent challenges that limit their scalability and affordability. As demand for real-time data grows, solving these pain points is important. Traditional … Read more

Bitcoin Mining Profitability Rose in December for Second Month in a Row: JPMorgan

Bitcoin (BTC) miners’ daily revenue and gross profit rose for the second consecutive month in December, hitting the highest levels since April, JPMorgan (JPM) said in a research report on Monday. Mining profitability increased as the rally in the world’s largest cryptocurrency continued to outpace network hashrate growth, the bank noted. JPMorgan estimated that bitcoin … Read more

Bitcoin Bull Run Could Be Accelerated by China’s Market Meltdown, Crypto Observer Says

The new year has offered no relief for Chinese assets, which continue to decline in a meltdown that could further fuel the ongoing bitcoin (BTC) bull run. The Chinese yuan (CNY) fell to 3.22 per U.S. dollar early Tuesday, reaching the lowest level since September 2023, according to data source TradingView. The Chinese unit has … Read more

FTX EU Sold to Backpack Exchange, Plans Regulated Crypto Derivatives Push Across Europe

FTX EU, the European arm of Sam Bankman Fried’s now-bankrupt cryptocurrency trading empire, has been sold to Backpack Exchange, a crypto trading company founded by former Alameda Research and FTX employees. FTX EU, which held a MiFID II-license under the Cyprus Securities and Exchange Commission (CySEC), cost Backpack $32.7 million, the exchange said. Backpack’s new … Read more

Apple to label notification summaries to indicate use of AI

Apple said on Monday it would release an update to better indicate that its notification summaries are generated by artificial intelligence. “A software update in the coming weeks will further clarify when the text being displayed is summarization provided by Apple Intelligence. We encourage users to report a concern if they view an unexpected notification … Read more