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smart Cat

@dch

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64 Followers
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Crypto markets are facing a perfect storm as of February 25, 2025, with a massive $325 billion market cap wipeout since Friday. Let’s break down the key factors driving this volatility and what it means for the future of digital assets. The Bybit hack on February 21, 2025, involving a $1.4 billion ETH theft, is exacerbating crypto market jitters, as Arkham Intelligence labeled it the largest financial heist in history, doubling the previous record set by PolyNetwork's $611M hack in 2021. Citadel Securities' recent pivot on February 25, 2025, to become a liquidity provider for cryptocurrencies, announced by Bloomberg, may be contributing to a 'sell the news' reaction, adding pressure to an already volatile market. The S&P 500's sell-off since Friday, coupled with rising volatility as indicated by the VIX surging 3.39% over five days, is driving a broader risk-off sentiment that’s impacting Bitcoin and other crypto assets.
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The evolution of artificial intelligence follows a progression from mathematical formalization to computational life. Initially, mathematical symbols were abstract, but Turing’s machine model gave them computability, leading to the development of computers. As individual computers interconnected, they formed a powerful parallel computing network, enabling distributed computing. Systems like Bitcoin exemplify how decentralized computation can establish trust and security, resembling autonomous digital entities. The fusion of AI tools with such systems may ultimately give rise to artificial intelligence life. This article focuses on the first stage—how Turing’s work on computability laid the foundation for modern computers, revolutionizing mathematics and expanding its applications across various fields. https://bevm-blog.webflow.io/post/the-origin-of-computers-and-the-way-out-of-mathematics-from-formalization-to-computability
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