Rajesh Choudhury
The article forecasts the most significant trends in Web3, blockchain, and cryptocurrency for 2024, focusing on sustainability, decentralised finance, and emerging technologies, while noting the impact of Bitcoin’s halving and the challenges posed by past fraud incidents. As we plunge into the intricate weave of 2024, anticipation shrouds the horizon of Web3, blockchain, and cryptocurrency. … Read more
Two IMF executives propose increasing global electricity costs for crypto miners by up to 85% through taxes, aiming to reduce carbon emissions while generating significant government revenues. Amidst these discussions, public miners are seeking debt financing as Bitcoin prices decline. The impending expiry of $1.4 billion in Bitcoin options threatens to add further sell pressure, … Read more
Ethereum’s Dencun update, launching Wednesday, aims to enhance its Layer 2 networks by reducing transaction fees and improving scalability. With significant changes like proto-danksharding and blob data storage, the update is set to transform user experience, according to reports from Grayscale and Fidelity. However, users on the main blockchain may not benefit as much as … Read more
Bitcoin dropped below $50,000 for the first time since February, influenced by geopolitical tensions and recession fears, while Ether experienced its steepest decline since May 2021. The crypto market faced over $1 billion in liquidations, triggering a notable fear index response and major capital outflows from digital assets. In a turbulent start to the week, … Read more
China may reconsider its ban on Bitcoin, fuelled by a recent court ruling that recognised Bitcoin as a legal currency. Although speculation runs high, scepticism lingers due to the government’s history of imposing bans. Bitcoin, meanwhile, remains legally owned but cannot be traded or mined, creating an ongoing tension in the crypto landscape. The crypto … Read more
The 2024 cohort of CU Boulder’s Embark Deep Tech Startup Creator has launched, pairing ten seasoned entrepreneurs with groundbreaking technologies to develop impactful startups. With over 114 applicants, selected teams will benefit from funding and support, nurturing their ideas into solutions for pressing societal challenges. The initiative showcases a promising collaboration between academic research and … Read more
In 2024, AI startups received 35% of U.S. startup funding, a record high. Major funding rounds saw five AI companies raising over $1 billion, led by xAI’s $6 billion. Startups vary from those using AI technology in specific sectors to those developing core AI innovations. The industry awaits to see if this trend in funding … Read more
In 2024, innovative data integration is revolutionising business strategies with technologies like AI, ML, and serverless computing. Traditional methods are being replaced by automation and advanced tools that ensure efficiency and data quality. The rise of IoT increases the demand for real-time data management, while DIaaS offers comprehensive solutions without infrastructure overhead. Balancing advancements with … Read more
A recent survey by Tulane University indicates that New Orleans startups see AI and machine learning as crucial yet double-edged technologies. While 37% believe these innovations will significantly impact their businesses, a substantial proportion also view them as significant threats. The report highlights changes in funding, hiring practices, and workspace preferences, signalling a cautious yet … Read more
As we approach 2024, the mobile landscape is transformed by innovations like 5G technology, AI integration for personalisation, smart IoT connectivity, enhanced mobile security, foldable devices, and augmented reality. These advancements are reshaping consumer behaviour and business strategies, highlighting the need for personalised, interconnected, and secure experiences in our daily lives. As we delve into … Read more