The new Apple smartphone – just presented at the Steve Jobs Theater in Cupertino during Apple’s “It’s Glowtime” event – is the first to be designed to integrate Apple Intelligence, the AI system already known since the WWDC 2024 developers convention in June.
As we can read in the official press communication released by the company last June, “Apple Intelligence is the personal intelligence system that puts powerful generative models at the heart of iPhone, iPad, and Mac setting a new standard for privacy in AI. Apple Intelligence understands personal context to deliver actionable, relevant intelligence”.
Tim Cook, Apple’s CEO, introduced it like this: «iPhone 16 raises the bar for what an iPhone can do».Four models presented – iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max, in which we will find the new A18 chip, designed to work in synergy with artificial intelligence: an iPhone like never seen before.
Using this iPhone will be a complete new experience, base on a rational model that is trained to use language in a human pattern. For example we will see a summary preview of an email, we could match photos and notes, search for a picture in the gallery writing a sentence or cleaning up an unwanted photo background.
What will all these new iPhone functions have to real with the new economy? Our workflow and work days will clearly change and we bet on the face that AI will be less week as a monster capable of stealing job opportunities. Instead, AI will create new ones, as technologies always did in history
SOURCE: Apple
READ ALSO ---> "Is Disney back in the metaverse?" by Ilaria Vanni
Ilaria Vanni is a TV journalist for italian broadcasting and coordinator of The Meta Economist portal. She has a philosphy degree and she's now studing the economic and technological issues connected to the new frontiers of the metaverse.
After the 6 hours down occurred last week and the achievement of more than one billion total transactions couple of days ago, popular blockchain The Open Network (TON), linked to Telegram, is getting a good performance, with a growth of over 7%.
The transaction's increase, according to data from the analysis platform TON Scan, exceeded 1.04 billion, half of which occurred in the last three months alone. The rapid increase in the number of transactions indicates the growing commitment of the TON platform, supported by integration with Telegram's billion global users. The continued growth of the TON blockchain can largely be attributed to recent developments, including the introduction of the W5 smart wallet standard.
Over the past week, TON ecosystem has faced a series of setbacks amid a wave of unfavorable news. The turbulence began with the arrest of Telegram founder Pavel Durov, followed by two significant blockchain network outages that halted block production. In total, in just 68 days, the top ten coins within the TON ecosystem have collectively lost $5.13 billion in value.
Today arrived a message from Pavel Durov arrives, after several days during which, for obvious and well-known reasons, communications had ceased, and $TON confirms his desire to roar again. +7% in the last 24 hours, in the face of a crypto market that continues to suffer and move sideways before today's unemployment data, at 2.30pm. A situation which, however, began to develop as early as Thursday afternoon and which confirms that in reality there is something else that is moving on the $TON network and which is helping its recovery. There is an airdrop coming in addition to that of Hamster Kombat, and it will be that of Catizen, another game with a large following among those that have been popular on Telegram.
SOURCE: Coindesk, Criptovaluta.it
READ ALSO ---> "Is Disney back in the metaverse?" by Ilaria Vanni
Ilaria Vanni is a TV journalist for italian broadcasting and coordinator of The Meta Economist portal. She has a philosphy degree and she's now studing the economic and technological issues connected to the new frontiers of the metaverse.
MILAN - The Meta Economist just met an emerging talent in the crypto economy. Her name's is Paola Angioni and she has a long experience as financial advisor. She's based in Milan but she works worldwide. Her main focus is about a topic we already treat but needed to be analyze properly. Together with Angioni in fact, we talked about crypto mining, the process by which new cryptocurrency coins or tokens are created and transactions involving existing coins are verified and added to the blockchain ledger. What Paola is developing involves mining in a completely new paradigma.
Here she presents Life Miner project in Paraguay, which demonstrates that the use of renewable hydroelectric energy in crypto mining can enhance efficiency and ecological responsibility in the sector. Hydroelectric power, a renewable and low-carbon energy source, provides a reliable and sustainable energy supply for mining operations. This transition reduces the reliance on fossil fuels, thereby lowering greenhouse gas emissions and minimizing the environmental footprint of mining activities. We met Paola in Milan and she's super focused on the Paraguay adventure.
Can you introduce yourself to our readers and tell us about your professional background as an international financial advisor and tell us why you chose to focus on Bitcoin mining instead of cryptocurrency trading?
I am an international financial consultant with over 15 years of experience in the sector. Over the years, I have had the opportunity to work with various institutions and private clients, supporting them to achieve their financial goals through personalized investment strategies.
Bitcoin mining represents a fundamental aspect of the cryptocurrency ecosystem, being the process that guarantees the security and validity of transactions. This gives me a sense of active and concrete participation in building and maintaining a decentralized network.
Furthermore, mining offers stability that trading often cannot guarantee because it is subject to market volatility. While trading can be highly volatile and requires constant attention to market movements, mining allows you to have a predictable and constant income stream from the work of producing Bitcoin. This does not mean that mining is without risks or challenges, but I find that the long-term approach and the opportunity to use advanced and sustainable technologies, such as those offered by stable and long-lasting projects such as Life Miner, a physical company that operates in Paraguay, offer greater stability.
What is your point of view in the comparison between old and new finance? Traditional finance relies on centralized institutions and stringent regulations, offering security but limiting innovation. Digital finance, on the other hand, promotes decentralization and global accessibility, with tools such as cryptocurrencies breaking down traditional barriers. Currently, in my role as an international financial advisor and dealing with Bitcoin mining, I see enormous potential in digital finance to democratize access to investments, making them more inclusive and dynamic. Furthermore, the new finance is accessible to everyone, allowing you to start with very low amounts. However, the quality of information and the support of specialized operators are crucial to protect yourself from risks and fully exploit the opportunities offered. This evolution not only transforms the financial landscape, but also opens up new opportunities for a more equitable and innovative future.
What is in a few words Bitcoin mining and what role does it play in the cryptocurrency ecosystem?
Bitcoin mining is the process by which new units of the cryptocurrency are generated and released into the network. Miners use specialized hardware to solve complex mathematical problems, which allows new blocks to be added to the Bitcoin blockchain. This process is essential for the security and decentralization of the network, as it makes it difficult for any single actor to manipulate transactions or compromise the integrity of the blockchain.
Here's a video showing Life Miner project development:
What are the main economic benefits associated with Bitcoin mining and how can they be exploited by investors? The main economic benefits of Bitcoin mining include the possibility of obtaining new coins as a reward for the work of validating transactions and the potential increase in the value of Bitcoin itself over time. Investors can benefit from mining through investing in high-quality hardware, joining mining pools to stabilize earnings, and implementing strategies to reduce operating costs, such as using renewable energy sources.
What are the main environmental challenges related to Bitcoin mining and how can they be addressed effectively, especially in a context like that of Paraguay? The environmental challenges related to Bitcoin mining include high energy consumption and carbon emissions. In Paraguay, these challenges can be effectively addressed thanks to the availability of hydroelectric energy, which is a renewable energy source with low environmental impact. Using hydroelectric power significantly reduces the carbon footprint of mining, making operations more sustainable.
How are emerging technologies transforming the Bitcoin mining industry, making it more efficient and sustainable?
Emerging technologies are transforming Bitcoin mining through the introduction of more advanced hardware, such as next-generation ASIC chips, which are more energy efficient. Furthermore, the adoption of innovative cooling solutions and the use of artificial intelligence to optimize mining operations are helping to reduce the environmental impact and increase the sustainability of the sector.
What are the key differences between Bitcoin production and distribution, and why is it important to focus on production?
Bitcoin production, or mining, is about creating new coins and validating transactions, ensuring the security and integrity of the network. Bitcoin distribution, on the other hand, refers to the exchange and circulation of existing coins among users. Focusing on production is crucial because it keeps the network secure and decentralized, while distribution relies on a stable and secure network to function effectively.
Which strategies can Bitcoin miners adopt to ensure maximum transparency and security in their operations? To ensure transparency and security, Bitcoin miners can adopt different strategies, such as the use of blockchain technologies that make every transaction traceable and verifiable. Furthermore, participating in reliable mining pools and adopting advanced security measures, such as the use of firewalls, data encryption and continuous monitoring of mining activities, are crucial. Transparency can be further improved through regular audits and the publication of operational reports.
How can entrepreneurs and investors contribute to and benefit from the Bitcoin mining industry in a long-term perspective?
Entrepreneurs and investors can contribute to the Bitcoin mining industry by investing in innovative and sustainable technologies, creating efficient infrastructure, and collaborating with other companies to develop renewable energy solutions. In the long term, they can benefit through participation in projects that aim to reduce operational costs and increase profitability, as well as by diversifying their investments in the cryptocurrency sector to mitigate risks.
What future development opportunities do you see in the Bitcoin mining sector and how can investors prepare to seize them?
Future development opportunities in Bitcoin mining include adopting more efficient and sustainable technologies, expanding into new regions with access to renewable energy sources, and improving cooling techniques to reduce operating costs. Investors can prepare for these opportunities by staying current on technological innovations, investing in research and development projects, and partnering with industry leaders to leverage synergies and optimize operations.
How does the Life Miner project in Paraguay manage to combine the efficiency of Bitcoin mining with a sustainable approach and what are its advantages compared to other operators in the sector?
Life Miner chose Paraguay for its Bitcoin mining operations due to the availability of renewable hydroelectric energy, which significantly reduces the carbon footprint. By using clean energy and implementing advanced energy efficiency technologies, Life Miner manages to combine efficient mining with a sustainable approach. This approach not only reduces operating costs, but also makes Life Miner an industry leader in sustainability, offering competitive advantages over other operators using more polluting energy sources.
Ilaria Vanni is a TV journalist for italian broadcasting and coordinator of The Meta Economist portal. She has a philosphy degree and she's now studing the economic and technological issues connected to the new frontiers of the metaverse.
There is a new way to bridge the difference between fiat money and cryptocurrencies. Transak, a Web3 payments provider, has made an agreement with blockchain development platform Cometh to introduce a simplified fiat money to Layer three (L3) onboarding solution. This new system supposedly makes it easier to purchase crypto assets directly on Cometh's L3 blockchain, Arbitrum Orbit.
According to the company's announcement, the integration allows users to purchase ethereum (ETH) on Muster, Cometh's Arbitrum Orbit platform, without having to manage crypto tokens and gas tokens.
By automating interactions directly via Transak One and Cometh's Web3 development platform smart contracts, the solution eliminates the need for intermediate steps such as token bridging, significantly reducing transaction times.
Before this system, users needed to create a multi-step process involving purchases on a Layer 2 solution and subsequent bridging on Muster. A complicated and time-consuming model. "Transak says users can now directly purchase cryptocurrencies using credit cards on Muster, making entry into non-fungible token (NFT) markets and other blockchain interactions much faster" - Bitcoin.com reported.
According to Steven Goldfeder, co-founder and CEO of Arbitrum development company Offchain Labs, the collaboration “simplifies the user experience, unlocks the potential for mainstream adoption, and showcases the power of building innovative solutions on Arbitrum’s scalable infrastructure".
SOURCE: Bitcoin.com
Ilaria Vanni is a TV journalist for italian broadcasting and coordinator of The Meta Economist portal. She has a philosphy degree and she's now studing the economic and technological issues connected to the new frontiers of the metaverse.
The Abu Dhabi Agriculture and Food Safety Authority has told local farmers that their farms cannot be used as a site for crypto-mining. The Abu Dhabi Agriculture Authority has issued a notice banning cryptocurrency mining on farms. The UAE government body stated that this activity is considered "an improper use of the farm for purposes other than those intended." Furthermore, anyone caught violating this law would face fines of up to 10,000 dirhams, equivalent to approximately $2,700.
Cryptocurrency mining is a process that enables users to earn crypto-assets by confirming transactions on blockchain networks that use a Proof-of-Work (PoW) consensus mechanism. In this system, miners compete to solve extremely complex mathematical puzzles, a process that requires substantial computational power and energy. These puzzles are integral to validating and securing transactions on the network. Once a miner successfully solves a puzzle, they add a new block to the blockchain and are rewarded with a specific amount of newly minted cryptocurrency. This reward incentivizes miners to continue contributing their computational resources to maintain the network’s security and integrity.
Although cryptocurrency mining is prohibited on farms, the UAE is generally a crypto-mining friendly jurisdiction. In fact, data from 2023 shows that the UAE's Bitcoin mining capacity was approximately 400 megawatts, which accounted for about 4% of the global hash rate. This indicates a significant presence in the global cryptocurrency mining industry, reflecting the UAE's supportive stance towards this activity.
The technological acceleration of this historical moment has a pervasive socio-economic impact and is changing technological and cultural paradigms, involving the production system in all its forms. Those who produce, those who transform, those who distribute, those who sell and those who consume are increasingly brought together thanks to the infosphere.
Agriculture and technology, two apparently distant worlds, are in reality profoundly interconnected.
Complex technology such as blockchain can have various areas of application in the agrifood world:
SOURCE: CoinDesk
Ilaria Vanni is a TV journalist for italian broadcasting and coordinator of The Meta Economist portal. She has a philosphy degree and she's now studing the economic and technological issues connected to the new frontiers of the metaverse.
As in many economic fields, also in the ecology blockchain aims to create transparent and traceable operations. Blockchain can be used to track and verify transactions, without the need for a centralized intermediary. This makes it particularly suitable for solar energy, which is produced in a decentralized way by solar panels installed on the roofs and land of private citizens. Many experiments in the world want to prove that energetic communities can be an everyday reality. Maybe with blockchain everything can be simplify.
Solar energy with photovoltaic (PV) converts sunlight directly into electricity, while solar thermal uses sunlight for heating purposes. Both forms have their unique advantages and applications and provide future society with clean energy sources.
"Blockchain technology - reported Gree.org - is a decentralized and transparent digital ledger. It uses cryptographic algorithms and consensus mechanisms to verify and record transactions. Smart contracts, enable automated and self-executing agreements without the need for intermediaries.
Indeed, one of the main advantages of blockchain for solar energy is the possibility of creating a peer-to-peer market for energy exchange between producers and consumers. Currently, solar energy produced by photovoltaic panels is sold to the electricity grid at fixed prices, which often do not reflect the real value of the energy based on supply and demand.
Blockchain technology offers many advantages in the solar energy sector by improving transparency, efficiency, and security of energy transactions. Here is a detailed analysis of how this technology can be applied:
In summary, implementing blockchain in the solar energy sector not only improves the traceability and reliability of energy but also promotes the automation and security of energy transactions, contributing to a more sustainable and robust energy market.
Green.org underlines some case study in real world, witnessing several examples which demonstrate the successful integration of solar energy and blockchain technology. One example is the Brooklyn Microgrid project in New York. This project utilizes blockchain to enable peer-to-peer energy trading among residents, creating a self-sufficient and sustainable community.
Another example is the Energo project in Thailand. It combines blockchain technology with solar energy to provide affordable and reliable electricity to rural communities. This initiative empowers local residents and reduces energy poverty through decentralized energy generation and distribution.
SOURCE: Green.org
READ ALSO ---> "Is Disney back in the metaverse?" by Ilaria Vanni
Ilaria Vanni is a TV journalist for italian broadcasting and coordinator of The Meta Economist portal. She has a philosphy degree and she's now studing the economic and technological issues connected to the new frontiers of the metaverse.
Address poisoning is a type of attack aimed at holders of cryptocurrencies. It's a kind of attack where someone watches a blockchain for transactions, then sends a small amount of crypto to an address that looks very similar to the original one.
Address poisoning can indeed be a significant concern in the crypto space. It's a form of phishing attack where attackers try to trick users into sending funds to a fraudulent address by creating one that looks very similar to a legitimate one. This is often done by making slight modifications to the characters or using visually similar characters.
For example, they might change a lowercase "L" to an uppercase "i" or add an extra character that's hard to notice at a glance. Unsuspecting users might not notice the difference and end up sending their funds to the attacker's address instead of the intended recipient.
To mitigate the risk of falling victim to address poisoning, users should always double-check the addresses they are sending funds to, preferably by using copy-and-paste rather than typing them manually. Additionally, using hardware wallets or wallets with built-in address verification mechanisms can provide an extra layer of security. It's also essential for crypto users to stay informed about common phishing tactics and remain vigilant when conducting transactions.
Address poisoning is quite a tricky issue in the crypto space. This attack involves the creation of a crypto address that looks like the original one by attackers, with the aim of deceiving the owner of the original address, inducing him to make a transaction to the wrong address.
Address poisoning takes advantage of the fact that many cryptocurrency transactions and wallets have long strings of characters that are difficult to verify at a glance.
In fact, attackers changes only a few characters in the middle. The goal is to deceive the user, pushing him to send funds to the wrong address during copy and paste.
To protect your wallet from Address Poisoning there are several good practices to follow:
Final Considerations
By taking proactive measures to protect your transactions and informing yourself in advance about potential risks, you can significantly reduce the risk of falling victim to such attacks. By adopting these proactive measures and staying vigilant, individuals can better safeguard their crypto transactions against address poisoning and other malicious activities.
READ ALSO ---> "Is Disney back in the metaverse?" by Ilaria Vanni
Ilaria Vanni is a TV journalist for italian broadcasting and coordinator of The Meta Economist portal. She has a philosphy degree and she's now studing the economic and technological issues connected to the new frontiers of the metaverse.
More than a year and a half after the FTX exchange's bankruptcy a new proposal to repay victims of the 2022 crash, was unveiled. FTX now promises to refund all creditors and says the plan is "subject to finalization and approval" by the U.S. Bankruptcy Court for the District of Delaware. Some experts say that may not be enough.
FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors recover 118% of their claims - in cash - within 60 days of court approval, according to new documents filed Tuesday evening, shared also by Coindesk.
FTX's available assets would now be between 14 and 16.3 billion dollars, thanks to the intense fund recovery activity through the liquidation of collateral (and non-collateral) assets of the company.
Only creditors who hold claims of less than $50,000 will be entitled to the 118% recovery.
According to FTX's plan, other non-government creditors will recover 100% of their claims plus interest of up to 9% to compensate them “for the time value of their investments.” The deal is still subject to approval by the Delaware bankruptcy court overseeing the bankruptcy case. The proposed payments are higher than previous estimates from FTX Assets, which in October said it expected to repay only 90% of client funds.
From the creditors side, the conditions are not so positive. Wired reported that "some creditors of the bankrupt crypto exchange FTX are preparing to reject a plan that would see them recover 118 percent of the money they lost. The proposal is far less generous than it might seem, they claim".
SOURCE: Coindesk, Wired
READ ALSO ---> "Is Disney back in the metaverse?" by Ilaria Vanni
Ilaria Vanni is a TV journalist for italian broadcasting and coordinator of The Meta Economist portal. She has a philosphy degree and she's now studing the economic and technological issues connected to the new frontiers of the metaverse.
Talking practically, when we use AI is a matter of fact that we
Laura Rosell is an academic copy editor. She works with professional writing and she wrote an article discussing the "dark side" of AI and the risks connected to a limitless use of AI "writing assistants". That’s the focus of Ilaria Vanni’s latest interview about the consequences of the use of AI. “You don't know what you don't know”. That’s the big danger, according to Rosell, when the use of AI is not made by someone who’s not skilled enough to write. If you can't even fix a spelling mistake or put a period in the right place, you probably would benefit a lot from professional help with your writing”, Rosell said.
Read also---> The EU AI Act is law by Ilaria Vanni
Ilaria Vanni is a TV journalist for italian broadcasting and coordinator of The Meta Economist portal. She has a philosphy degree and she's now studing the economic and technological issues connected to the new frontiers of the metaverse.
