News
Big Tech has cash on hand. Currency devaluation makes it lose purchasing power. Is Bitcoin a treasury solution to fight against inflation? Amazon is next to decide.
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Amazon News
Amazon is one of the largest trading platforms in the world. The service was founded in 1994 by Jeffrey Preston Bezos, who is more commonly known as Jeff Bezos.
Nowadays, one of the most important questions is if Amazon will accept cryptocurrency or not, as the whole future of cryptocurrency depends on the opportunity to pay with it. Amazon accepting cryptocurrency might be difficult due to a number of reasons. For example, Bitcoin transactions have a relatively low speed with about 7 transactions per second while the maximum number of transactions per second on Amazon was 600. Nevertheless, the company hasn’t officially announced that it will accept virtual currencies.
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The company’s board opposed the resolution, citing Bitcoin’s purported volatility as a negative factor.
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The National Center for Public Policy said that MicroStrategy’s stock outperformed Amazon’s by 537% due to its Bitcoin strategy.
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Bitcoin’s recent surge over $90,000 has pushed its market cap past Saudi Aramco, solidifying its position among top global assets.
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Anthropic’s AI model will be integrated into one of Palantir’s data systems, which is authorized to contain “secrets” critical to US national security.
2458 - Interview
“Just as Amazon evolved beyond books to redefine entire industries, Ethereum may surprise us with revolutionary use cases that we can't fully envision today,” a 21Shares executive said.
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Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers.
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Bloomberg ETF analyst Eric Balchunas shared an excerpt from a Bitcoin book claiming Amazon could shut down Ethereum, which riled the blockchain’s supporters.
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PIN AI, backed by a16z, develops a privacy-focused, open-source alternative to Apple’s AI, utilizing blockchain to empower users in monetizing their personal data.
3360 - Opinion
I started working on Ethereum in 2014. The subsequent 10 years in blockchain have been strange — disappointing in some ways but amazing in others.
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The Artificial Superintelligence Alliance urges decentralization in cloud services to mitigate vulnerabilities in AI development to ensure both security and innovation.
3727 - Research
Explore the risks of centralization in cloud computing and AI and discover how decentralized models are changing the landscape for innovation and independence.
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Amazon is set to overhaul its Alexa virtual assistant, integrating Anthropic's Claude AI model to enhance its capabilities, with a new premium version scheduled to launch in October.
12221 - Follow up
When privacy is at stake, how do tech leaders respond to government demands? Take a look at the tactics of the Big Five.
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The ten most valuable tech firms in the world are all involved in developing technology for the robotics industry.
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