[ Fulfilling the world’s surging demand for AI chatbots and image generators depends on mundane components as much as glitzy GPUs. Server cabinets, heavy-duty metal enclosures to store GPU systems, have at times been a crucial bottleneck. As it scrambled to build up its facilities, CoreWeave once ordered 1,400 of the wrong cabinets. It was … Read more
[ As a test of their resulting AI tool, the researchers checked its outputs with one cryptocurrency exchange—which the paper doesn’t name—identifying 52 suspicious chains of transactions that had all ultimately flowed into that exchange. The exchange, it turned out, had already flagged 14 of the accounts that had received those funds for suspected illicit … Read more
[ LONDON: Bitcoin fell for a third day on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later. The value of the world’s most traded cryptocurrency fell by nearly 16% in April, as investors … Read more
[ Binance founder Changpeng Zhao was ordered to spend four months in prison for failures that allowed cybercriminals and terrorist groups to freely trade on the world’s largest cryptocurrency exchange.Zhao, 47, was sentenced Tuesday by US District Judge Richard Jones in Seattle. Dressed in a dark suit with a light blue tie, the billionaire arrived … Read more
[ THE artificial intelligence boom has hit the crypto market with a bang. Coins linked to AI-focused crypto projects have jumped alongside tech stocks like Nvidia, driven by insatiable investor appetite for applications like machine-learning. The rise of many AI crypto tokens has outpaced even that of bitcoin over the past year as the world’s … Read more
[ Bitcoin topped $72,000 for the first time, advancing for a sixth straight day and taking gains this year to almost 70% on the back of massive inflows into US exchange-traded funds.The original cryptocurrency rose as much as 4% to $72,234 on Monday. Smaller tokens like Ether, Solana and Avalanche also advanced. The crypto gains … Read more
[ NEW DELHI: Bitcoin topped $72,000 for the first time, advancing for a sixth straight day and taking gains this year to almost 70% on the back of massive inflows into US exchange-traded funds. The original cryptocurrency rose as much as 4% to $72,234 on Monday. Smaller tokens like Ether, Solana and Avalanche also advanced. … Read more
[ Bitcoin passed the $70,000 mark for the first time on March 8, as investors enjoyed a cryptocurrency rally that has lifted many other coins. The coin currently sits just below that mark as of today. The ascent to $70,000 is part of a rally that began in mid-October 2023. However, the rally entered second-gear … Read more
[ Bitcoin rallied to a record high on Friday in volatile trade, as crypto mania continued to sweep through the investment community.The leading cryptocurrency topped the $70,000 mark for the first time, boosted by investor demand for new US spot exchange-traded crypto products and expectations for global interest rates to fall.Billions of dollars have flowed … Read more
[ Bitcoin surged to a record as demand from new US exchange-traded funds and a looming reduction in the token’s supply growth fuel a breathtaking rebound in the original cryptocurrency.The largest digital asset rose as much as 2.5% to $69,191.95 as of 10:10 a.m. Tuesday in New York. Bitcoin has climbed about 62% so far … Read more
