Author: Atis. Sh

Amid the modern advances of education technology, a pressing issue has surfaced in Scottish universities: the rise of AI-assisted academic cheating. Professors and academic staff are struggling to maintain integrity as AI programs, notably OpenAI ChatGPT, pave an easier but ethically questionable path for students to complete assignments. The AI Quagmire: A Challenge to Academic Integrity ChatGPT and similar AI tools have become unsettlingly adept at generating written content at lightning speed. While originally intended to assist users in various tasks, they are being repurposed by students to artificially produce portions, if not all, of their assignments. Alarmingly, this evolving…

In an era marked by economic uncertainty and unpredictable market forces, investors are on the lookout for ways to fortify their financial future. Robert Kiyosaki, the influential voice behind the best-selling book Rich Dad Poor Dad has taken to social media to offer his cautionary perspective. Posted on X on October 29th, Kiyosaki warned of what he views as the “greatest crash in world history,” expected to unfold in 2024. In his post, he lambasted the conventional wisdom that recommends a 60/40 investment split between bonds and stocks. According to Kiyosaki, this time-honored formula is not designed to weather the…

Major crypto exchange Gemini has launched a lawsuit against digital asset lender Genesis. Filed last Friday in the U.S. Bankruptcy Court Southern District of New York, the suit aims to regain control of a staggering $1.6 billion worth of Grayscale Bitcoin Trust shares. The ultimate goal? To repay clients of Gemini’s Earn program, which has been in a state of limbo following the upheaval in the crypto industry. Read More: Gemini And Genesis Reach $100M Agreement Gemini, co-founded by Cameron and Tyler Winklevoss, and Genesis have been locked in a contentious battle for the better part of a year. Initially,…

Bitcoin has joined the market over 14 years ago. Until today, this cryptocurrency has brought unprecedent returns to retail and institutional investors. Throughout the years, new projects joined Bitcoin and a whole new industry was created. Despite over 20,000 crypto projects joining the market, Bitcoin still stands firm as the sole king of this industry. The crypto industry has come a long way, but what has changed? Does this industry still hold the same principles as it did back in 2008? There is a lot to discuss on what has and has not changed when it comes to Bitcoin and…

Craig Wright, who claims to be Satoshi Nakamoto, triumphed in a U.S. Appeals Court last Thursday. The ruling confirmed that Wright was not legally partnered with the late David Kleiman when they mined Bitcoin over a decade ago. Consequently, this decision effectively safeguards Wright’s stake in billions of dollars worth of Bitcoin, debunking claims made by the Kleiman estate. Check out: Bitcoin vs. Gold: Evaluating Modern and Traditional Inflation Hedges Debunking Partnership Claims: Wright vs. Kleiman According to the Eleventh Circuit judges, the Kleiman estate—now represented by David’s brother, Ira—failed to demonstrate any clear judicial error in the initial court’s…

The Bank of England (BOE) recently disclosed that a significant majority of public feedback concerning the proposed digital pound centers around privacy and fiat scarcity. Jon Cunliffe, the bank’s Deputy Governor, laid bare these concerns during his speech titled “Money and Payments: a ‘black ships’ moment?” on October 26. Interestingly, he highlighted that no formal decision about the digital pound’s launch has been made. However, the public consultation, which ran from February to June, aimed to gauge both the aspirations and apprehensions people have regarding the digital pound, CBDC of UK. Addressing Public Concerns: Privacy and Data Cunliffe stressed that…

In a groundbreaking announcement that could potentially redefine the dynamics of blockchain interoperability, Neo, the open-source blockchain giant, has disclosed plans to roll out a sidechain compatible with the Ethereum Virtual Machine (EVM). A press release divulges that this next-gen sidechain will not only extend full compatibility with Neo’s latest mainnet, Neo N3, but will also retain core Neo characteristics. Notably, this includes the delegated Byzantine Fault Tolerance (dBFT) consensus mechanism. Consequently, this innovation promises faster transactions, heightened scalability, and bolstered fairness across the network. Developer-Friendly Environment But that’s not all. For developers, this sidechain could serve as a game-changer.…

The cryptocurrency market has been experiencing rollercoaster rides lately, with Bitcoin’s price being as volatile as ever. During the past two days, however, Bitcoin experienced the biggest rally it experienced in the past 365 days. For the first time in a year, Bitcoin’s price went above $35,000. This gave hope and drove investors back to the market, with altcoins experiencing 10%-50% increases in just hours. Despite Bitcoin’s growth, the runner-up of the crypto industry has not been performing as well. Ethereum’s stagnation during this Bitcoin rally was noticed by most experts, and most of them attributed the current situation to…

Tesla, the giant in automotive and clean energy sectors, confirmed today that it remained hands-off on its Bitcoin investment for the third consecutive quarter. According to the Q3 2023 report, the company neither bought nor sold any of its $312 million worth of Bitcoin holdings. Notably, the value of Tesla’s Bitcoin treasury has dropped by $9 million compared to Q2 of this year. Moreover, this digital asset dormancy extends back to Q2 of 2022, a period in which Tesla liquidated a significant 75% of its Bitcoin holdings—30,000 BTC to be precise—for a whopping $936 million. Initially, Tesla had jumped headfirst…

US 30-year fixed mortgage rates have soared to a staggering 8%, based on the most recent data. This leap signifies a sharp escalation from a relatively moderate 5.13% just a year ago. Since late May, when rates first catapulted over the 6.5% threshold, the spike in mortgage rates has been nothing short of relentless. Analysts point out that this uptick mirrors broader shifts in the macroeconomic landscape, chiefly driven by the Federal Reserve’s aggressive interest rate policies aimed at curbing high inflation. Consequently, the housing market is starting to feel the financial pinch. For hopeful first-time homebuyers, the affordability landscape…