Bitcoin proponents have issued a detailed rebuttal to a European Central Bank (ECB) paper that criticized its viability and economic impact. In the working paper by ECB officials Ulrich Bindseil and Jürgen Schaaf, Bitcoin is described as a speculative asset lacking intrinsic value, contributing to wealth concentration, and failing to enhance economic productivity. Researchers Dr. The post Satoshi Action Fund rebut ECB Bitcoin critique, highlighting flaws in recent analysis appeared first on CryptoSlate.

A major fraud trial involving crypto and diamond investments has opened in France, bringing over 20 defendants to court on charges of defrauding 1,300 individuals and several top-tier football clubs. According to local media, the proceedings began on Oct. 21 in a conference center in Nancy, eastern France, due to the large number of plaintiffs The post $28 million international crypto fraud from 2018 kicks off trial in France appeared first on CryptoSlate.

SolidityBench by IQ has launched as the first leaderboard to evaluate LLMs in Solidity code generation. Available on Hugging Face, it introduces two innovative benchmarks, NaïveJudge and HumanEval for Solidity, designed to assess and rank the proficiency of AI models in generating smart contract code. Developed by IQ’s BrainDAO as part of its forthcoming IQ The post OpenAI GPT 4o ranked as best AI model for writing Solidity smart contract code by IQ appeared first on CryptoSlate.

Jason Lowery’s book ‘Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin’ has been retroactively subjected to a security and policy review by the Department of Defense (DoD), affecting its distribution and availability. The review of a published work by a serving military officer raises questions about the government’s potential The post US Department of Defense places Bitcoin Softwar thesis under security review, rockets price to $300 appeared first on CryptoSlate.

Elon Musk has proposed establishing a Department of Government Efficiency (D.O.G.E.) under another Trump presidency. The initiative aims to streamline government spending, simplify administrative processes, and enhance the efficient use of taxpayers’ money. Former President Donald Trump has voiced support for Musk’s proposal, indicating he would appoint Musk to lead a government efficiency commission if The post Dogecoin surges 10% as Elon Musk names proposed government department DOGE appeared first on CryptoSlate.