The artificial intelligence (AI) market is becoming one of the fastest-growing industries in the world. According to market research firm Next Move Strategy Consulting, the current AI market is valued at nearly $100 billion and is projected to grow exponentially.  Given this, it comes as no surprise that chatbots using …

During the 2021 bull market, many large mining companies took on massive loans to buy equipment and the proper infrastructure required to mine cryptocurrency. Yet the collapse of crypto exchange FTX and Celsius left many of these companies filing for bankruptcy.  The current bear market, coupled with high Bitcoin network …

Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s largest financial technology companies — announced on Aug. 7 its U.S. dollar-pegged payment stablecoin, PayPal USD (PYUSD).  A PayPal spokesperson told Cointelegraph that PYUSD is important because mainstream …

The recent court ruling that Ripple’s XRP (XRP) token is not considered a security when sold on digital asset exchanges has sparked a wave of positive sentiment across the cryptocurrency ecosystem.  Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that he believes the most important part of this ruling …

On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges. Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that last week’s ruling makes it clear that the U.S. Securities …

The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation.  Recent findings from the market research platform, MarketsandMarkets, estimated the global blockchain market size to be $7.4 billion in 2022. While notable, …

Academic institutions house some of the world’s most important data generated from years of research. Yet centralized data storage models are becoming a concern for many universities looking to keep critical information safe and accessible.  Danny O’Brien, a senior fellow at the Filecoin Foundation and Filecoin Foundation for the Decentralized …

One of the primary benefits of blockchain technology is the ability to record and capture information in a permanent, tamper-proof record. Once data is on a blockchain network, it cannot be altered, making it an ideal solution for record-keeping.  Tokenized assets, such as nonfungible tokens (NFTs), can also be placed …

Giant rabbits wearing trendy outfits situated alongside cartoon characters with rainbows flowing out of their mouths lined the streets of South by Southwest (SXSW) last year. This is because two nonfungible token (NFT) projects — Doodles and Fluf World — dominated SXSW 2022.  Yet these projects were nowhere to be …

Thousands of attendees recently gathered at Denver’s National Western Complex for ETHDenver 2023 to learn about the current and future cryptocurrency ecosystem.  John Paller, founder and executive steward of ETHDenver, told Cointelegraph that 15,000 ticketholders attended ETHDenver’s main event. While ETHDenver attracted a diverse crowd, many students from leading universities …

Synthetic intelligence (AI) has turn into a sizzling matter following the launch of ChatGPT, an AI chatbot created by analysis firm OpenAI. But, whereas ChatGPT has the potential to write blogs and create crypto trading bots, some fear that AI may very well be dangerous.  A survey carried out by …

Layer-2 networks proceed to realize momentum because the Ethereum ecosystem advances. For instance, knowledge from analytics supplier Token Terminal discovered that layer-2 scaling answer Polygon had 313,457 daily active users as of Jan. 17, 2023 — a 30% enhance in exercise since October 2022.  Furthermore, the Polygon ecosystem just lately …