Nvidia says ‘crypto adds nothing useful to society’ after billions in mining sales

Nvidia’s Chief Technology Officer, Michael Kagan, has expressed a negative view on cryptocurrencies, stating that they do not “bring anything useful for society,” whereas “AI does.” Crypto isn’t ‘useful for society’ According to Kagan, AI applications such as the chatbot ChatGPT have more value than mining crypto. The post Nvidia says ‘crypto adds nothing useful to society’ after billions in mining sales appeared first on CryptoSlate.

Continue ReadingNvidia says ‘crypto adds nothing useful to society’ after billions in mining sales

Coinbase’s Brian Armstrong criticizes US crypto regulation, SEC behavior in Twitter Space

Coinbase moved forward with a Twitter Space on crypto regulation previously planned for Friday following the Wells Notice served to it by the SEC this week. The post Coinbase’s Brian Armstrong criticizes US crypto regulation, SEC behavior in Twitter Space appeared first on CryptoSlate.

Continue ReadingCoinbase’s Brian Armstrong criticizes US crypto regulation, SEC behavior in Twitter Space