In light of recent claims of sexual misconduct, Neel Somani, the founder and CEO of Eclipse, an Ethereum scaling startup, has made the announcement that he would be resigning from his position as a “public face” for the company [1]. It is Somani’s intention to defend himself and vindicate his […]
Crypto exchange Kraken has intensified its fight against the US Securities and Exchange Commission (SEC) by formally submitting a reply in support of its motion to dismiss the agency’s lawsuit. The filing, dated May 9, 2024, challenges the SEC’s claim that Kraken operated as an unregistered exchange dealing with securities, specifically “investment contracts.” Led by […]
MarketVector, a subsidiary of the renowned American asset management giant VanEck, has launched the MEMECOIN Index. It has shown impressive performance, surging 195% in the past year and 137% since the start of 2024. This index aims to track the performance of six popular meme coins, such as DOGE, SHIB, and others. VanEck’s MEMECOIN Index […]
Marathon Digital Holdings reported a record net income of $337.2 million in 2024’s first quarter. The firm’s quarterly net income, published in its May 9 earnings report, represents 184% year-over-year growth from $118.7 million in the first quarter of 2023. EPS for the quarter stood at $1.26 per diluted share The company reported record revenues […]
Could China’s sentiment around crypto be a turning tide? A move from Tencent Cloud this week could certainly suggest so. An unexpected investment in web3-related tools will hit the market from Tencent Cloud’s team, positioning the Chinese tech firm alongside the ranks of other global tech firms to make recent strides in web3, such as […]
In an almost 15-minute video, Charles Hoskinson, co-founder of Ethereum (ETH) and founder of Cardano (ADA), shared his views on President Joe Biden’s administration’s stance towards the crypto industry. Hoskinson highlights the statement from Biden’s administration regarding H.J. Res 109. This resolution is against the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121. […]
Digibyte decentralized cryptocurrency specializes in digital asset-based blockchain technology security with high transactional volume throughput via its $DGB token. Jared Tate, creator of Digibyte blockchain, author of Blockchain 2035 (first book written by a blockchain founder), is the leader of the community-driven developer-friendly project that is a fork of the bitcoin source code, not the […]
While the crypto market witnessed significant bloodshed in April, layer-2 networks recorded substantial developer activity, signaling a strong belief in these projects despite the latest slumps in the value of their native tokens. A tweet by crypto data analytics platform Santiment revealed that the top ten layer-2 networks were selected by counting each project’s non-redundant […]
GPT-4 is the latest LLM of OpenAI, which is more inventive, accurate, and safer than its predecessors. It also has multimodal capabilities, i.e., it is also able to process images, PDFs, CSVs, etc. With the introduction of the Code Interpreter, GPT-4 can now run its own code to avoid hallucinations and provide accurate answers. Bing […]
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