Month: May 2024
Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement
Lawyers for the firm claimed that any alleged losses caused by the platform’s or Do Kwon’s actions happened outside the United States, beyond the SEC’s authority in the civil case.
Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings
Coinbase Q1 earnings exceeded full-year 2023 results thanks to market conditions driven by new Bitcoin ETFs.
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Jito Price Jumps After Topping Solana DeFi Protocols With $1 Billion Locked
Jito Network became the top DeFi protocol on Solana, with liquid staking pool token JitoSOL rising by 8.5%.
Block, Inc. Q1 results top estimates, shares jump after-hours
Block’s first-quarter 2024 results beat Wall Street analyst estimates on earnings and revenue which saw its share price surge after the bell.
Bulletproof Cadillac, Butler, and $1.5M Titanic Watch: FTX Exec’s Lavish Spending Continues
Former FTX Europe head Patrick Gruhn is spending his crypto riches— but his fortune is not without controversy.
Coinbase $1.6 Billion Quarterly Profits Boosted By Stablecoins, Rising Crypto Prices
The San Francisco-based exchange has reported better-than-expected 2024 Q1 results.
AWS Inferentia and AWS Trainium deliver lowest cost to deploy Llama 3 models in Amazon SageMaker JumpStart
Today, we’re excited to announce the availability of Meta Llama 3 inference on AWS Trainium and AWS Inferentia based instances in Amazon SageMaker JumpStart. The Meta Llama 3 models are a collection of pre-trained and fine-tuned generative text models. Amazon Elastic Compute Cloud (Amazon EC2) Trn1 and Inf2 instances, powered by AWS Trainium and AWS … Read more
Apple’s earnings show that, yeah, it’s really time for some new iPads
Photo by Vjeran Pavic / The Verge Less than a week ahead of its much-anticipated iPad hardware event, Apple shared its Q2 2024 earnings today, and the numbers paint a predictable picture for the increasingly dated tablet line. iPad revenue fell substantially yet again (by 17 percent year over year) amid the longest-ever wait for … Read more
FCC asks for more money to help telecom providers replace Huawei and ZTE gear
Illustration by Cath Virginia / The Verge | Photos from Getty Images The Federal Communications Commission is asking for more funding to help internet service providers rip and replace equipment made by Huawei and ZTE. In a letter to Congress, FCC Chair Jessica Rosenworcel says the government has only allocated $1.9 billion to reimburse providers, … Read more
Seagate’s 2TB Xbox Storage Expansion Card gets its best discount yet
Seagate’s speedy storage expansion cards are a necessary evil and expensive without these periodic sales. | Photo by Tom Warren / The Verge If your main gaming platform is the Xbox Series X or S and you have a particularly deep library, bring it in for a hug. The markups on its proprietary storage cards … Read more
Chainalysis will help Tether monitor secondary market for illicit activity
The blockchain analytics firm will provide tools to spot sanctioned and illicit activity and provide market information.
Jack Dorsey’s Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others
The payments firm announced the news alongside its first quarter earnings report on Thursday afternoon.
Apple earnings see 10% iPhone sales drop
Apple on Thursday reported a 10% drop in iPhone sales for the second fiscal quarter, dropping from $51.3 billion to $45.9 billion, year-over-year. The slowdown was fueled, in part, by an 8% drop in China. Apple’s slow adoption of AI versus competitors like Google and Microsoft likely played a role in consumers’ decision to hold … Read more
Why OpenAI Should Become Open-Source
OpenAI is in a high-stakes legal battle with Elon Musk, who is suing the company to open source its groundbreaking AI models like GPT-4. While OpenAI may have the law on its side, I believe the ethical path forward is clear—it’s time for the company to fully embrace the open-source ethos it was founded upon. … Read more
Will the Fed Cut Rates? Crypto and Wall Street Traders Aren’t Betting on It
“Just cut the rates bro please,” pleaded a down-bad trader on Polymarket.
New Digital Nomad Visas Ittrza
This April, Italy, Turkey, and South Africa have launched their digital nomad visa programs. In this article, I’d like to describe each nomad visa and its requirements. Each of these nations has its own crypto regulation framework for legal entities and individuals to provide operations with crypto. This information, I also included this in the article, and it may help crypto … Read more
Hubble Network makes Bluetooth connection with a satellite for the first time
Hubble Network has become the first company in history to establish a Bluetooth connection directly to a satellite — a critical technology validation for the company, potentially opening the door to connecting millions more devices anywhere in the world. The Seattle-based startup launched its first two satellites to orbit on SpaceX’s Transporter-10 ride-share mission in … Read more
Alliance DAO is attracting more Asia founders amid US crypto crackdown
The graduates of Alliance DAO are often useful indicators of investor appetite and user adaption trends within the crypto space. The latest batch of the stage-agnostic crypto accelerator, unveiled today, comes at a moment of great excitement for the recovering market. Just two months ago, Bitcoin hit its all-time high; though the value of the … Read more
Application Security: Trends and Predictions for 2024
What Is Application Security? Application security refers to measures, methodologies, and practices aimed at protecting applications from threats that may compromise their security. These threats could be anything from malware to injection attacks, software vulnerabilities, or denial of service (DoS). The goal of application security is to identify, rectify, and prevent security vulnerabilities. This includes … Read more
$SNUKE Presale Reaches 300 $SOL Milestone
BURLINGTON, United Kingdom, May 2nd, 2024/Chainwire/ $SNUKE, a new meme coin inspired by the humor of the popular TV show “South Park” and based on the Solana blockchain, has recently achieved significant milestones in its presale. These achievements underscore its potential among the array of Solana-based meme coins poised for success. Early Success in the … Read more