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Michael Kagan, the chief technology officer of Nvidia, the chipset manufacturer, thinks cryptocurrencies are “useless” to society. On Mar. 26, Kagan, whose firm sold billions worth of gear to cryptocurrency miners where Nvidia graphic cards played a key role, said artificial intelligence (AI) solutions like ChatGPT were, instead, more useful. ChatGPT is popular with analysts saying
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As the decentralized finance sector explodes in value, a recent Messari report indicates that the so-called DeFi boom
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Data published by crypto market analytics firm Messari on July 29 indicates that the collective capitalization of the decentralized finance (DeFi) sector is equal to only 1.5% of the entire crypto capitalization.According to Messari, the collective capitalization of every DeFi project put together is roughly $4.12 billion — less than
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