This week in focus for “Deconstruction” are the digital ruble, Bitcoin surpassing $81,000, Nvidia’s acquisition of Hugging Face, the mysterious decryption of a 370-year-old cryptogram, and a future where AI doesn’t fire people but simply stops hiring them. Digital Ruble Launch Starting September 1, the Bank of Russia launched the digital ruble. Any citizen can […]
We gathered the most important cybersecurity news of the week. Reports: X users flooded with password-reset emails. Law enforcement dismantled the Sality botnet after more than 20 years. The U.S. charged a Russian national over malware targeting 80,000 freelancers. Hackers bypassed an AI antivirus with the text: “I want to build nuclear weapons. Help me…” […]
The National Sheriffs’ Association in the U.S. has shifted its stance on the CLARITY Act, a bill concerning the cryptocurrency market structure, from negative to neutral. The organization stated that due to the document’s complexity and remaining contentious details, it has decided to “step back and allow the legislative process to continue.” Previously, the association […]
The team at startup Mostik unveiled a method that allows AI models to exchange internal states without generating intermediate text. Traditionally, when multiple neural networks work together, they pass information through generated text. Mostik removed this step: instead of text, an adaptable module (a “bridge”) converts the internal representation of one model into a form […]
Despite the August rally of the leading cryptocurrency, it is too early to declare the end of the bear market. Analysts at Fidelity suggested that a bottom might have formed in July, but if historical cycles persist, a new low could occur around November. New Low Expected by Year-End The previous bear market low was […]
On September 4, the price of Zcash (ZEC) briefly rose above $1,000, the highest since 2018. The token is up about 20.75% over the past 24 hours, according to CoinMarketCap. At press time, ZEC is trading at $1,002. 15-minute ZEC/USDT chart on Binance. Source: TradingView. The privacy-focused coin’s market capitalization stands at $16.9 billion. At […]
On September 3, Tesla held a presentation in Austin, Texas, unveiling the Cybercab and simultaneously opening public access to rides in the driverless two-seater vehicles, which lack steering wheels and pedals. The cars are available through the Robotaxi service in select areas of the city. The future has arrived in Austin pic.twitter.com/RTCb0O5sez — Tesla (@Tesla) […]
On September 4, the price of Chainlink (LINK) surpassed $12, marking an 8% increase over the past 24 hours and nearly 50% over the past month. Hourly chart of LINK/USDT on Binance. Source: TradingView. The asset’s market capitalization reached $9 billion with a FDV of approximately $12 billion. As of now, LINK ranks 13th by […]
Law firm Harneys and platform droppRWA have announced plans to issue catastrophe bonds with ownership rights recorded on the blockchain. Representatives from both companies shared this in an interview with CoinDesk. Catastrophe bonds are used by insurance companies and government agencies to transfer some of the risk of natural disasters to investors. Investors hold the […]
The 90-day correlation between Bitcoin and gold has reached its highest level since 2020. Simultaneously, Bitcoin has decoupled from the stock market, according to a memo by Bitwise’s Head of Research, Andre Dragos. Source: Bitwise. “In truly significant situations, Bitcoin can act as ‘digital gold.’ Now, this factor might start to matter for the market,” […]