News
The new data compression layer may address centralization risks in the crypto industry, such as the recent outage by Amazon Web Services.
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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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Amazon’s AWS powers some of the world’s leading crypto exchanges with high-throughput cloud infrastructure for crypto trading, presenting a central point of vulnerability.
5758 - News
Kraken launches stock and ETF trading for US users, expanding beyond crypto as it pushes for a borderless, all-in-one trading platform.
2786 - How to
There’s a growing demand to pay for food with Bitcoin in-store and online. As institutions adopt Bitcoin as a store of value, people also want to use it for everyday purchases.
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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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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.
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“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.
3551 - 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.
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