Blockchain 

Crypto Mining Group BitFury to Investigate Data Analysis with AI

The cryptocurrency mining and chip development firm BitFury has announced plans to set up a new department that will investigate the benefits of ‘big data’ analysis using artificial intelligence (AI). Speaking to newswire Reuters this past Tuesday, BitFury CEO Valery Vavilov referred to big data as ‘the next oil’, highlighting the need for a much greater focus on constructive analysis. According to Vavilov, the information available in 98 percent of big data is not being properly utilized, something his company hopes to simplify through AI-powered analysis. “..artificial intelligence will bring…

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Blockchain 

Is Cryptocurrency the Future of Advertising? How Brave Wants to Use Data

Wouldn’t it be great if there were no ads bothering you while you surf the Web? Or if your data wasn’t everyone’s business? Companies use your data to personalize your experience and bring you more relevant ads and content. Yet, most people are not comfortable with their data being a commodity, and they also don’t see the results they are promised by giving up their data. As a result of recent data and privacy turmoil, people started taking their privacy online more seriously. You get flooded with ads on a…

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Blockchain 

Is Nobody Spending Bitcoin? Chainalysis New Data Reflects Rally

Bitcoin is closing out the month near $8,500 USD. Surging more than 60% since the beginning of the month, its revival has caused a global stir. However, in the midst of the excitement, blockchain researcher Chainalysis is discovering a problem that perhaps most of us already know: hardly anyone is actually spending it. Chainalysis Inc Chimes In Data from New York-based Chainalysis is showing that “only 1.3% of economic transactions came from the first four months of 2019, little changed over the boom and bust cycles of the prior two…

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Blockchain 

CoinMarketCap Data Accountability and Transparency Alliance

Cryptocurrency-price tracker CoinMarketCap has issued a post urging exchanges to provide mandatory data by June, or else they will be removed from its calculations. The crypto-data source celebrates its 6th birthday today and announced a list of “major initiatives” as part of its celebrations. CoinMarketCap: Data Accountability and Transparency Alliance The site listed five major initiatives that it has been working on for months. They are as follows: Data Accountability & Transparency Alliance Block Explorers Shop API Revised Plans Mobile Apps The first initiative—Data Accountability and Transparency Alliance—is the most eye-catching as…

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