Tech
Cardano Foundation outlines ADA plans for 2023 – here are the key notes
While the cryptocurrency market continues to struggle with the reverberations of the FTX crash, the Cardano (ADA) team is optimistic about its platform’s future, including the CEO of the Cardano Foundation, Frederik Gregaard.
Indeed, Gregaard expressed excitement over the plans for Cardano in 2023, which he believes will “really move the needle, both short-term and long-term,” as well as expecting the ecosystem to mature outside its community, as he told Learn Cardano’s Peter Bui in an interview published on November 15.
As he explained:
“There are so many things I’m excited about. There are certain integrations that I’m not able to talk about right now, but I’m hoping they will land because they will really move the needle, both short-term and long-term. But I think what I’m mainly excited about is to see Cardano maturing outside the people who know and love Cardano today because what we see around us is mayhem.”
Further listing the advantages of Cardano against the current mayhem, Gregaard said that the platform “keeps running, improving, implementing, and adding value in local communities, and we keep exploring new ways of building blockchain and implementing it around the world.”
Spreading the word and educating
Asked by the host what the community can do to help the platform thrive, the Cardano Foundation CEO said that the most important thing was to spread the word about Cardano’s use cases beyond token ownership:
“There is so little information about where blockchain truly adds value and (…) there are so many industries where we can move the needle, (…) save jobs, create new jobs, create a sustainable footprint, change operating models, but there’s so little information about those use cases.”
The second part is to “ensure that education [about blockchain] becomes much more available, consumable, and accessible in multiple languages and styles of delivery.”
As he stressed, the Cardano Foundation would be “very happy to try and supply” the tools necessary for achieving this, including when volunteering for blockchain lessons in local communities, such as schools and workplaces.
Ecosystem keeps expanding
Meanwhile, Cardano has gone through many improvements over the past two years, including introducing smart contracts and scalability, recording an accelerated growth of its crypto wallets, and adding over 30,000 in a week, as Finbold reported.
It is also worth noting that Cardano is developing a new lightweight multi-chain crypto wallet called Lace, which promises to seamlessly link Web2 and Web3 elements into a single interface and which the team considers a game-changer.
At press time, Cardano’s ADA token was changing hands at the price of $0.3362, down 1.30% on the day and 6.49% across the week, as the decline of the cryptocurrency market starts to slow down after last week’s shock.
Watch the entire video below:
The post Cardano Foundation outlines ADA plans for 2023 – here are the key notes appeared first on Finbold.
Tech
Bitcoin Miner Stocks Rebound Today Sharply Thanks to the AI Boom
Stocks linked to cryptocurrencies, led by Bitcoin mining companies, experienced a notable recovery this Monday. This bullish movement was primarily driven by renewed optimism in the artificial intelligence sector. According to analysts from the financial firm B. Riley, the market is reacting positively to news from the technology sector. The Bitcoin miner stocks rebound amid growing interest in computational infrastructure.
The main catalyst of the day was the announcement of a strategic agreement. OpenAI, the renowned artificial intelligence firm, selected Broadcom (AVGO) to develop its next custom AI chips. This news caused Broadcom’s shares to reach a new all-time high. Consequently, the enthusiasm spread to other technology assets. The rally was led by major mining companies, such as Marathon Digital (MARA), which saw its shares rise by 10%. Similarly, Riot Platforms (RIOT) and CleanSpark (CLSK) posted gains of nearly 8%.
The Domino Effect of the Boom in Artificial Intelligence
This rally in mining stocks occurred despite the relative stability of Bitcoin’s price. The main crypto asset remained trading around $66,000, showing no major fluctuations. The disconnect suggests that investors are valuing these companies for their indirect exposure to the artificial intelligence sector. Analysts note that cryptocurrency stocks are considered “high-beta” assets. Therefore, they tend to amplify the movements of major technology indices, such as the Nasdaq.
The relevance of this event lies in the growing correlation between the AI narrative and the digital asset market. The demand for energy and computational power is a key link that unites both sectors. Data centers for artificial intelligence and Bitcoin mining farms compete for similar resources. This operational parallel is capturing the attention of investors. For this reason, they are looking for growth opportunities at the intersection of these two disruptive technologies.
A New Correlation for the Crypto Market?
The impact on the market is significant, as it diversifies the factors influencing the valuation of mining companies. Previously, their performance was almost exclusively tied to the price of Bitcoin. Now, the AI boom is emerging as a new growth driver for these stocks. For investors, this represents an opportunity to gain exposure to the artificial intelligence sector through the cryptocurrency market. This could attract a new flow of capital into the ecosystem.
The day shows that the crypto market’s sensitivity to broader technological trends remains very high. The future performance of mining stocks could increasingly depend on advances in the AI field. Consequently, market observers will be watching to see if this correlation strengthens. The link between AI and digital mining could redefine investment strategies in the medium and long term within the digital asset sector.
The post Bitcoin Miner Stocks Rebound Today Sharply Thanks to the AI Boom appeared first on The Cryptocurrency Post.
Tech
California Passes Historic AI Chatbot Regulation to Protect Minors
Governor Gavin Newsom has signed a pioneering bill that establishes the first AI chatbot regulation in California, focusing on platforms that simulate friendship or intimacy. The legislation, known as Senate Bill 243 and introduced by State Senator Steve Padilla, was signed into law this Monday, marking a milestone in artificial intelligence oversight and the protection of vulnerable users, especially minors.
The new regulation requires developer companies of these chatbots to implement clear safeguards. The law mandates the explicit disclosure of the chatbot’s artificial identity, ensuring users know they are interacting with software and not a person. Furthermore, it specifically prohibits chatbots from engaging in conversations about sexual or self-harm topics with minors and establishes protocols for reporting detected cases of suicidal ideation to the state’s Office of Suicide Prevention.
This legislation is relevant because it shifts the focus of AI supervision. Instead of concentrating solely on model architecture or data bias, it directly addresses the emotional interaction between humans and machines. California becomes the first state to set clear boundaries for “companion” chatbots, setting a precedent that could influence future regulations nationwide. The measure seeks to balance innovation with protection, an increasingly present debate in the tech sector.
Real Protection or a Symbolic Gesture?
Despite its passage, the bill is not without controversy. Advocacy groups like Common Sense Media withdrew their support, arguing that the final version was “watered down” after industry lobbying. They label the law as a hollow gesture rather than meaningful policy, as key provisions like external audits were removed. For developers, implementation presents challenges, such as age verification and the risk of restricting legitimate mental health conversations out of caution.
The debate over this law’s actual impact is just beginning. While Governor Newsom defends it as a necessary guardrail, the industry and advocacy groups are closely watching its implementation. The success of this regulation will shape the future of AI governance, determining whether it is possible to create a safer digital environment without stifling the potential of these emerging technologies to offer support and connection.
The post California Passes Historic AI Chatbot Regulation to Protect Minors appeared first on The Cryptocurrency Post.
Tech
Elon Musk’s Grok AI Reveals the Five Ultimate Strategies for the Aster Airdrop
Grok, the artificial intelligence integrated into Elon Musk’s X platform, has identified five key strategies to optimize participation in the second season of Aster Airdrop Farming. With the October 5, 2025, deadline fast approaching, the AI’s analysis, based on real-time data and community discussions, offers a roadmap for users looking to maximize their “Rh” points and secure a share of the 4% of the total ASTER token supply.
Aster’s reward system is not based solely on trading volume, but on a combination of factors that Grok has broken down for efficiency. The analysis highlights that “taker” orders (which take liquidity) generate twice as many points as “maker” orders. Furthermore, the time positions are held open and the use of native assets like USDF or asBNB as margin are crucial, as both can double the points from weekly volume. The AI also emphasizes the importance of referrals and team participation to multiply earnings.
The 5 Key Strategies Revealed by the AI
Grok has synthesized its analysis into five operational tactics. The first is delta-neutral hedging, ideal for those who want to generate volume without price risk. The second focuses on high-frequency “taker” trades with short holding periods to maximize the 2x bonus. Third is the team and referral boost, a social strategy to amplify base points. The fourth tactic promotes the use of native assets, which not only increases points but can also offer additional yields. Finally, the AI suggests completing quests and holding spot tokens as a low-risk starting point.
This intervention by Grok marks a milestone at the intersection of artificial intelligence technology and crypto market analysis. Instead of relying on manual analysis, users now have access to strategies generated by a system that processes live market data, which could change how traders approach events like Aster Airdrop Farming. This event thus becomes a testing ground for the application of AI in decentralized finance.
However, Grok’s own analysis warns of the implications and dangers. Participants must consider the inherent risks, which include high transaction costs that could outweigh the value of the rewards, liquidation risk from leverage, and the possibility that the airdrop rules could change. The recommendation is clear: careful risk control is essential, and one should not invest more capital than they are willing to lose, as the final conversion rate from points to tokens is not yet defined.
As the deadline approaches, the strategies outlined by the AI offer a clear path for participants in Aster Airdrop Farming. Success is not guaranteed and will depend on disciplined execution and prudent risk management. This event will not only determine the distribution of ASTER tokens but could also set a precedent for how artificial intelligence will influence the future of trading and participation in the crypto ecosystem.
The post Elon Musk’s Grok AI Reveals the Five Ultimate Strategies for the Aster Airdrop appeared first on The Cryptocurrency Post.
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