Memecoins recent surge tied to significant increase in network activities
Cryptopolitan (RSS)
Memecoins, a subset of cryptocurrencies known for their whimsical origins and speculative nature, have recently gained considerable attention in the financial world. Despite lacking inherent value, these tokens have exhibited an intriguing correlation between their price surges and the expansion of user wallets on underlying blockchains, as outlined in a report by Franklin Templeton’s Digital Assets team.
Memecoins’ active addresses experience a significant increase
While traditional financial institutions may view meme coins skeptically due to their unconventional nature, they have emerged as an enticing opportunity for investors seeking quick profits. This appeal is partly driven by the viral nature of meme coins, which have captured the imagination of investors over the past year with their unique char...
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Cryptopolitan (RSS)
Memecoins, a subset of cryptocurrencies known for their whimsical origins and speculative nature, have recently gained considerable attention in the financial world. Despite lacking inherent value, these tokens have exhibited an intriguing correlation between their price surges and the expansion of user wallets on underlying blockchains, as outlined in a report by Franklin Templeton’s Digital Assets team.
Memecoins’ active addresses experience a significant increase
While traditional financial institutions may view meme coins skeptically due to their unconventional nature, they have emerged as an enticing opportunity for investors seeking quick profits. This appeal is partly driven by the viral nature of meme coins, which have captured the imagination of investors over the past year with their unique char...
View original post
Unstructured Data Firm Raises $40 Million to Transform AI Data Processing
Cryptopolitan (RSS)
The unstructured data firm named Unstructured Technologies has successfully secured $40 million. The latest funding round was led by Menlo Ventures and joined by a consortium of prominent investors including Nvidia Corp.’s venture capital arm, IBM Ventures, and Databricks Ventures. This funding injection marks the company’s second major fundraising achievement in less than a year, bringing its total funding to over $65 million.
Unstructured data transformation
Unstructured Technologies specializes in pioneering the conversion of unstructured data into formats compatible with large language models (LLMs), such as those powering popular AI services like OpenAI’s ChatGPT and Google’s Gemini. This capability holds immense significance in today’s data-driven world, where organizations struggle with harnessing the power of unstructured data comprising...
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Cryptopolitan (RSS)
The unstructured data firm named Unstructured Technologies has successfully secured $40 million. The latest funding round was led by Menlo Ventures and joined by a consortium of prominent investors including Nvidia Corp.’s venture capital arm, IBM Ventures, and Databricks Ventures. This funding injection marks the company’s second major fundraising achievement in less than a year, bringing its total funding to over $65 million.
Unstructured data transformation
Unstructured Technologies specializes in pioneering the conversion of unstructured data into formats compatible with large language models (LLMs), such as those powering popular AI services like OpenAI’s ChatGPT and Google’s Gemini. This capability holds immense significance in today’s data-driven world, where organizations struggle with harnessing the power of unstructured data comprising...
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A Game-Changer for Business Travelers
Cryptopolitan (RSS)
In the realm of business travel, efficiency and cost-effectiveness reign supreme. For globe-trotting entrepreneurs and professionals, managing expenses while ensuring seamless travel arrangements is paramount. Enter OneAir Elite is a revolutionary subscription service poised to transform how business travelers navigate the skies.
Cutting-edge AI technology revolutionizes travel
OneAir Elite harnesses the power of artificial intelligence (AI) to scour the internet ceaselessly, identifying and delivering real-time alerts on discounted airfares, hotel rates, and more. Subscribers gain access to a treasure trove of savings, ranging from mistake fares to substantial discounts, ensuring that every trip is seamless and cost-effective.
The OneAir Mobile App serves as the gateway to unparalleled travel savings. Compatible with iOS and Android devices...
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Cryptopolitan (RSS)
In the realm of business travel, efficiency and cost-effectiveness reign supreme. For globe-trotting entrepreneurs and professionals, managing expenses while ensuring seamless travel arrangements is paramount. Enter OneAir Elite is a revolutionary subscription service poised to transform how business travelers navigate the skies.
Cutting-edge AI technology revolutionizes travel
OneAir Elite harnesses the power of artificial intelligence (AI) to scour the internet ceaselessly, identifying and delivering real-time alerts on discounted airfares, hotel rates, and more. Subscribers gain access to a treasure trove of savings, ranging from mistake fares to substantial discounts, ensuring that every trip is seamless and cost-effective.
The OneAir Mobile App serves as the gateway to unparalleled travel savings. Compatible with iOS and Android devices...
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Global Efforts Underway to Promote Responsible AI Development
Cryptopolitan (RSS)
In a bid to address growing concerns over the unchecked expansion of artificial intelligence (AI) technologies, the United States has spearheaded a resolution at the United Nations (UN) advocating for the promotion of “safe, secure, and trustworthy” AI systems. Co-sponsored by more than 50 nations, the proposal seeks to align international regulations to tackle legal, national security, and human rights issues stemming from AI advancements.
Resolution highlights and objectives
As seen by Bloomberg News, the draft resolution underscores the importance of “responsible and inclusive” AI development, urging member states to implement domestic regulations and governance mechanisms. While nonbinding, the resolution urges the establishment of “effective safeguards” for AI deployment, encompassing physical and security measure...
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Cryptopolitan (RSS)
In a bid to address growing concerns over the unchecked expansion of artificial intelligence (AI) technologies, the United States has spearheaded a resolution at the United Nations (UN) advocating for the promotion of “safe, secure, and trustworthy” AI systems. Co-sponsored by more than 50 nations, the proposal seeks to align international regulations to tackle legal, national security, and human rights issues stemming from AI advancements.
Resolution highlights and objectives
As seen by Bloomberg News, the draft resolution underscores the importance of “responsible and inclusive” AI development, urging member states to implement domestic regulations and governance mechanisms. While nonbinding, the resolution urges the establishment of “effective safeguards” for AI deployment, encompassing physical and security measure...
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Polyhedra network valuation hit $1 billion after its recent funding round
Cryptopolitan (RSS)
Polyhedra Network, headquartered in Singapore, has recently achieved a significant milestone with the completion of a $20 million funding round, boosting the company’s valuation to an impressive $1 billion. This latest funding round, announced via a press release on Thursday, was led by Polychain Capital, a prominent investor in the blockchain space.
Polyhedra network hits a milestone valuation
Noteworthy contributors to the funding round include Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventures, Arkstream Capital, and Web3Port Foundation, showcasing broad investor confidence in Polyhedra Network’s vision and potential.
Central to Polyhedra Network’s offerings is zkBridge, a cutting-edge zero-knowledge protocol aimed at enhancing security and scalability for users ...
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Cryptopolitan (RSS)
Polyhedra Network, headquartered in Singapore, has recently achieved a significant milestone with the completion of a $20 million funding round, boosting the company’s valuation to an impressive $1 billion. This latest funding round, announced via a press release on Thursday, was led by Polychain Capital, a prominent investor in the blockchain space.
Polyhedra network hits a milestone valuation
Noteworthy contributors to the funding round include Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventures, Arkstream Capital, and Web3Port Foundation, showcasing broad investor confidence in Polyhedra Network’s vision and potential.
Central to Polyhedra Network’s offerings is zkBridge, a cutting-edge zero-knowledge protocol aimed at enhancing security and scalability for users ...
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AI Industry Takes Steps to Address Environmental Concerns
Cryptopolitan (RSS)
In recent years, artificial intelligence (AI) has revolutionized various sectors, but concerns about its environmental impact have grown alongside its advancements. One of the primary issues highlighted is the significant energy consumption required to power the GPUs used in training large-scale AI models.
One approach to mitigate the environmental footprint of AI operations is the adoption of eco-friendly data centers. These centers prioritize renewable energy sources, such as solar power, alongside water conservation and waste reduction measures. Companies can significantly reduce carbon emissions by transitioning from major cloud providers like Google Cloud and AWS to eco-friendly data centers. Despite potential cost implications and the allure of grants from larger providers, opting for sustainable data centers is a mean...
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Cryptopolitan (RSS)
In recent years, artificial intelligence (AI) has revolutionized various sectors, but concerns about its environmental impact have grown alongside its advancements. One of the primary issues highlighted is the significant energy consumption required to power the GPUs used in training large-scale AI models.
One approach to mitigate the environmental footprint of AI operations is the adoption of eco-friendly data centers. These centers prioritize renewable energy sources, such as solar power, alongside water conservation and waste reduction measures. Companies can significantly reduce carbon emissions by transitioning from major cloud providers like Google Cloud and AWS to eco-friendly data centers. Despite potential cost implications and the allure of grants from larger providers, opting for sustainable data centers is a mean...
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Tron Founder Justin Sun Fuels Ether Fi with Massive $480M ETH Deposit
CoinGape (RSS)
A wallet that is attributed to Justin Sun, the founder of Tron, deposited a deposit of 120,000 Ethereum (ETH), which is worth around $480 million, into the liquid restaking protocol Ether Fi. This deal constitutes a major occurrence for both Justin Sun and the Ether Fi platform, thus solidifying Sun’s involvement in the decentralized finance (DeFi) sector.
Ether Fi Gains Momentum
Ether Fi, a protocol that recently finalized a $23 million funding round, is getting closer to a significant threshold by holding almost $3 billion in total value, according to DefiLlama data. The strategic gestures of the platform, the ...
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CoinGape (RSS)
A wallet that is attributed to Justin Sun, the founder of Tron, deposited a deposit of 120,000 Ethereum (ETH), which is worth around $480 million, into the liquid restaking protocol Ether Fi. This deal constitutes a major occurrence for both Justin Sun and the Ether Fi platform, thus solidifying Sun’s involvement in the decentralized finance (DeFi) sector.
Ether Fi Gains Momentum
Ether Fi, a protocol that recently finalized a $23 million funding round, is getting closer to a significant threshold by holding almost $3 billion in total value, according to DefiLlama data. The strategic gestures of the platform, the ...
View original post
US Weekly Unemployment Declines As Inflation Remains Sticky; Crypto on Watch
CoinGape (RSS)
The weekly unemployment data released on Thursday showed that unemployment had declined in the US for a Week. The data came in the backdrop of crucial PPI inflation data, which disappointed the markets overall. With the Fed’s interest rate decision due next week, markets will gauge investment decisions carefully now.
US Weekly Unemployment Numbers
The US Department of Labor (DOL) released weekly data on Thursday that indicated there were 209,000 new claims for unemployment benefits in the week ending March 9. This print came in better than the market expectation of 218,000 and follows the previous week’s revised print of 210,000 from 217,000.
...
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CoinGape (RSS)
The weekly unemployment data released on Thursday showed that unemployment had declined in the US for a Week. The data came in the backdrop of crucial PPI inflation data, which disappointed the markets overall. With the Fed’s interest rate decision due next week, markets will gauge investment decisions carefully now.
US Weekly Unemployment Numbers
The US Department of Labor (DOL) released weekly data on Thursday that indicated there were 209,000 new claims for unemployment benefits in the week ending March 9. This print came in better than the market expectation of 218,000 and follows the previous week’s revised print of 210,000 from 217,000.
...
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Bitcoin price slips 3% as US macro data compounds inflation problem
Cointelegraph.com News (RSS)
BTC price strength wobbles on the release of problematic U.S. inflation data as traders brush off Bitcoin’s moves around all-time highs.
Cointelegraph.com News (RSS)
BTC price strength wobbles on the release of problematic U.S. inflation data as traders brush off Bitcoin’s moves around all-time highs.
Lazarus Group moves $12M from HTX, HECO hacks to Tornado Cash
Cointelegraph.com News (RSS)
Despite U.S. sanctions, North Korea’s Lazarus Group has resumed laundering stolen crypto funds through Tornado Cash.
Cointelegraph.com News (RSS)
Despite U.S. sanctions, North Korea’s Lazarus Group has resumed laundering stolen crypto funds through Tornado Cash.
Crypto gains reached $37.6B in 2023 — Chainalysis
Cointelegraph.com News (RSS)
Crypto realized gains remained consistent throughout 2023, with only two consecutive months of loss in August and September.
Cointelegraph.com News (RSS)
Crypto realized gains remained consistent throughout 2023, with only two consecutive months of loss in August and September.
Dogwifhat price headed to $10? Arthur Hayes thinks so
Cointelegraph.com News (RSS)
Hayes’ prediction came the same day WIF hit a new all-time high above the $3 mark.
Cointelegraph.com News (RSS)
Hayes’ prediction came the same day WIF hit a new all-time high above the $3 mark.
Pro-crypto US voters turning to Trump, but don’t trust either party
Cointelegraph.com News (RSS)
Crypto ownership is not highly correlation to party affiliation, but it could make up its own voting bloc, Paradigm poll says.
Cointelegraph.com News (RSS)
Crypto ownership is not highly correlation to party affiliation, but it could make up its own voting bloc, Paradigm poll says.
Solana gains 2% during a market downturn. Is $200 within reach?
Cointelegraph.com News (RSS)
SOL’s bullish momentum persists, but its TVL remains much smaller than some of its competitors.
Cointelegraph.com News (RSS)
SOL’s bullish momentum persists, but its TVL remains much smaller than some of its competitors.
Hong Kong regulators issue warning against Bybit exchange
Cointelegraph.com News (RSS)
“It is also an offence for any person to issue advertisements, invitations or documents relating to these products to the Hong Kong public without the SFC’s authorisation,” the regulator stated.
Cointelegraph.com News (RSS)
“It is also an offence for any person to issue advertisements, invitations or documents relating to these products to the Hong Kong public without the SFC’s authorisation,” the regulator stated.
Bitcoin mining difficulty reaches new historical high as halving looms
Cointelegraph.com News (RSS)
Amid new all-time highs in price and block rewards, the Bitcoin bull run of 2023/2024 continues.
Cointelegraph.com News (RSS)
Amid new all-time highs in price and block rewards, the Bitcoin bull run of 2023/2024 continues.
First EU country adopts quantum-resistant technology
Cointelegraph.com News (RSS)
The QAN stack will serve as a key component in the country’s post-quantum security layer.
Cointelegraph.com News (RSS)
The QAN stack will serve as a key component in the country’s post-quantum security layer.
Ether (ETH) price drops after Dencun upgrade, as Ethereum layer-2s experience lower transaction costs
Cointelegraph.com News (RSS)
Historically, Ethereum network upgrades rarely significantly impact the price of ETH.
Cointelegraph.com News (RSS)
Historically, Ethereum network upgrades rarely significantly impact the price of ETH.
A $300M Ponzi Scheme That Targeted Latinos Falsely Claimed to Buy Crypto, SEC Says
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The U.S. Securities and Exchange Commission sued 17 individuals tied to an alleged Ponzi scheme that took in $300 million from over 40,000 victims.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The U.S. Securities and Exchange Commission sued 17 individuals tied to an alleged Ponzi scheme that took in $300 million from over 40,000 victims.
Ether ETFs Could Be Bigger Than Bitcoin ETFs, Says VanEck
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The issuer of the VanEck Bitcoin Trust this week dropped its management fee to zero for a limited time in an attempt to attract more capital to that fund.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The issuer of the VanEck Bitcoin Trust this week dropped its management fee to zero for a limited time in an attempt to attract more capital to that fund.