It’s All About Crypto Blog
Longevities: The AI Agent Aiming to Defeat Death
Longevities has launched its website longevities.fun, and it is a great example of clear and effective communication. Longevities is an AI agent that recommends life-extending supplements and medications. Essentially, it’s a biohacking bot with the ambitious goal of defeating death. Its creator, Jacob Kim - a highly active developer with over 1,500 GitHub contributions last year - credits...
How Meme Tokens Are Changing the Cryptocurrency Industry
The first meme token, DOGE, was created as a joke. Its developer had no intention of advancing the project and was openly upset when the coin began to be pumped. However, between 2020 and 2021, DOGE’s price against Bitcoin surged 85 times, from 15 to 1,287 satoshis. Such an achievement is something few other cryptocurrencies could...
The Wisdom of Crowds: Now in Crypto Trading
Remember the story from The Wisdom of Crowds by James Surowiecki about the bull at a livestock fair? Participants - farmers, zoologists, and casual visitors - were asked to guess the bull's weight. While individual guesses varied wildly, the average of all guesses was nearly spot on. This highlights how collective opinions can be incredibly...
Aethir 2.0: New Protocol and GPU Monetization Rules
Aethir is a decentralized GPU network where anyone can contribute their device and make its computing power available to the network in exchange for rewards. If you have access to powerful GPUs and want to monetize them, Aethir offers lucrative financial opportunities. You can earn rewards in the platform's native cryptocurrency, ATH, by providing your computing...
Crypto sentiment is wild
There’s something peculiar about cryptocurrency discourse: whenever there’s a reason to expect a price drop, public sentiment often descends into panic. Many fear price growth is just a fluke and expect it to end abruptly. But this time feels different. Bitcoin, after a three-month rally, is seeing a slight pullback. News broke yesterday that the U.S. Department of Justice...
Trump is immortalized on the Bitcoin blockchain
An account on X called CollectTrumpCards announced the release of President Trump's Official Digital Trading Cards. These cards are issued as Inscriptions - entries on the Bitcoin blockchain. This means 160 different images of Donald Trump are now permanently recorded on the Bitcoin blockchain. Someone spent an entire bitcoin on transaction fees just to inscribe them there. And...
Four Key Events Shaping the Development of DAOs in 2024
If you’re interested in the topic of DAOs, you should pay attention to four stories that took place in 2024. Each of them has influenced — and will continue to influence — the concept of decentralized autonomous organizations. Before diving into these stories, let’s quickly revisit what a DAO is. According to Wikipedia: “DAOs are member-owned communities...
FTT: The Zombie Token That Won’t Die
Some cryptocurrencies are surprisingly resilient. It’s been over two years since the FTX exchange ceased to exist, yet its native token, FTT, still finds buyers. Today, news broke that a European legal entity linked to FTX has been acquired by a new owner. Immediately following this announcement, demand for FTT surged, pushing its price from $3.25 to $3.55 before settling...
Why is the FDIC resisting public blockchains?
Coinbase lawyer Paul Grewal revealed documents showing the Federal Deposit Insurance Corporation (FDIC) obstructed U.S. banks from adopting public blockchains. The FDIC, a key banking regulator, monitors compliance with financial regulations. One document describes a New York bank’s attempt to launch a “Bank Digital Deposit” program on...
Compensation for FTX Creditors: The Hidden Challenges Ahead
The process of compensating creditors of the bankrupt FTX exchange has begun. Everyone is talking about creditors receiving 100% of their funds plus an additional 9% annual interest. However, one crucial detail seems to be overlooked. Payments are being processed through two agents: Kraken and BitGo. This means that to receive compensation, creditors must have an account...
