Blockchain analytics company Elliptic recently announced a groundbreaking development in the fight against money laundering in Bitcoin transactions. Through a collaboration with researchers from the MIT-IBM Watson AI Lab, Elliptic has successfully leveraged artificial intelligence to detect illicit proceeds and identify new patterns of money laundering activities. By utilizing a deep learning model, researchers were
Methods
MicroStrategy recently made headlines during their annual MicroStrategy World conference with the unveiling of “MicroStrategy Orange” – a decentralized identity solution built on Bitcoin. This platform aims to combat online spam by providing an enterprise-grade platform for implementing Decentralized Digital Identifiers (DIDs) across organizations. One of the core services offered is “Orange for Outlook,” which
Coinbase recently announced a staggering revenue of $1.64 billion in the first quarter, surpassing the initially expected $1.34 billion. This remarkable surge in revenue coincided with a robust Bitcoin rally that has made a significant impact on the entire crypto market. The company’s earnings per share were reported at $4.40, well above the average analyst
The recent market crash in the cryptocurrency world has seen some interesting movements among various coins. One of the notable performers in the last 24 hours is Dogecoin ($DOGE), which has managed to rise 7% amidst the chaos. However, this rise comes after a 12% decline from the previous week, making Dogecoin one of the
Despite the recent downturn in the cryptocurrency market, particularly with bitcoin, there seems to be a growing interest among investors looking for potential buying opportunities. This is evidenced by the surge in searches for the term “buy the dip crypto”, suggesting that some are eager to take advantage of the current market conditions. While the
In a recent development within the Bitcoin community, a griefing attack on the Bitcoin testnet caused a significant surge in network activity. This attack was orchestrated by Jameson Lopp, the co-founder and Chief Security Officer of Casa. Lopp publicly admitted to being behind the incident, leading to backlash from other Bitcoin developers. He described the
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