Four things Google Gemini users will be able to do soon
Google boss Sundar Pichai unveiled that its AI model Gemini is getting put into a slew of the company’s products and services, including its flagship Search product. Go to Source
Month: May 2024
More than one million new tokens have been launched since April
Nearly half of the one million new tokens launched since April 1 have been memecoins created on the Solana network. Go to Source
Bitcoin could top $100K but only if ‘high-yield rate’ falls below 7% — Analyst
Bitcoin needs the high yield rate to fall as low as 6% if it wants to reach a “sustainable all-time high”, says crypto analyst Timothy Peterson. Go to Source
Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne Finance suspended its Optimism Market and assured that … Read more
Leading Trader Criticizes Worldcoin’s ‘Predatory’ Tokenomics, Labels WLD a Fake $60B AI Coin
The Worldcoin project’s predatory tokenomics will not result in the “greatest transfer of wealth” to the masses but a transfer to the “pockets of the Worldcoin team and insiders,” a top-ranked trader has asserted. The top trader also accused project promoters of using Open AI co-founder Sam Altman’s past endorsement of Worldcoin to prop up … Read more
Openai Co-Founder Ilya Sutskever Steps Down, Jakub Pachocki Named New Chief Scientist
Ilya Sutskever, a co-founder and the chief scientist at Openai, announced his departure from the company after nearly a decade to work on a “personally meaningful” project, without specifying further details. Jakub Pachocki, previously the director of research at Openai since 2017 and the lead on the development of the GPT-4 large language model, has … Read more
Layer-3 network Degen Chain hasn’t produced a block in 53 hours
Degen Chain says it’s working to resolve an issue that has seen its network stop producing blocks for more than two days. Go to Source
Moonpay Donates $1 Million to Stand With Crypto
Moonpay, one of the largest cryptocurrency onramp and offramp providers, has donated $1 million to Stand With Crypto, a nonprofit that seeks to rally American voters around the cryptocurrency cause. Moonpay CEO Ivan Soto-Wright stated that the donation made would contribute to creating an innovation-fostering crypto framework by helping choose crypto-friendly officials. Moonpay Contributes $1 … Read more
Vanguard names Bitcoin-friendly former BlackRock exec as new CEO
Salim Ramji spoke highly of Bitcoin and blockchain technology when overseeing BlackRock’s spot Bitcoin ETF filing. Go to Source
Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion
Raoul Pal, a well-known financial sector figure, predicts a significant expansion of the cryptocurrency market, forecasting its market capitalization could reach $100 trillion due to global liquidity trends and technology adoption. His analysis is underpinned by observations of the global liquidity cycle, which has been influencing asset growth since 2008, along with the rapid adoption … Read more