European Hedge Fund Reveals $420 Million in Bitcoin ETF Investments
London-based Capula Management—which oversees $30 billion in assets—has exposure to Bitcoin via BlackRock and Fidelity.
Month: August 2024
Arizona primary involving crypto Super PAC’s $1.3M is a squeaker
The primary between two Democrats in Arizona’s 3rd Congressional District will likely go to a recount, with money from crypto interests involved in the race.
Fidelity, Vanguard Go Dark Amid Bitcoin, Stock Market Panic
Major online brokerage platforms struggled early Monday, customers reported, as markets plunged across the board.
Elon Musk renews lawsuit against OpenAI, Sam Altman — Filing
Musk claims he was misled about the ChatGPT creator’s true purpose.
FOMO HOUR 172 – A VERY RED DAY FOR BITCOIN
Bitcoin hits $50k, liquidations hit $1bn in sell-off. Macro sell-off and end of Yen carry trade blamed. Multiple altcoins hit cycle or all-time lows. Bitcoin dominance rises to cycle-high of 58%. Robinhood halts 24hr trading. Crypto funds saw $528m outflow last week. Justin Sun denies liquidation rumours. Jump Trading continues to liquidate holdings. Ethena founder … Read more
Key takeaways from the Golden Boys’ attack on Compound DAO
A group of Compound DAO members called the “Golden Boys” won a narrow vote to manage 5 percent of the DAO treasury on members’ behalf. Here’s what we can learn.
Faster LLMs with speculative decoding and AWS Inferentia2
In recent years, we have seen a big increase in the size of large language models (LLMs) used to solve natural language processing (NLP) tasks such as question answering and text summarization. Larger models with more parameters, which are in the order of hundreds of billions at the time of writing, tend to produce better … Read more
Undark and the Radium Girls (2006)
Comments
Crypto, Stock Markets Shudder as Recession Fears Intensify—How Did We Get Here?
Analysts point to a confluence of factors, mainly in the United States and Japan, that have created a perfect storm for market chaos across the globe.
Catalog, query, and search audio programs with Amazon Transcribe and Knowledge Bases for Amazon Bedrock
Information retrieval systems have powered the information age through their ability to crawl and sift through massive amounts of data and quickly return accurate and relevant results. These systems, such as search engines and databases, typically work by indexing on keywords and fields contained in data files. However, much of our data in the digital … Read more
Placer.ai boosts valuation to $1.5B after quietly raising another $75M
A startup developing AI market research based on location data, and backed by a who’s who, has quietly raised, TechCrunch has learned. © 2024 TechCrunch. All rights reserved. For personal use only.
Bitcoin ETFs Hit Hard as Investors Pulled $528 Million From Crypto Funds Last Week
Investors backed off of Bitcoin ETFs and other crypto funds last week, CoinShares said, following five straight weeks of positive flows.
BC.GAME Partners With Cloud9 As The Organization Expands Esports Portfolio With Entity Acquisition
WILLEMSTAD, Curacao, August 5th, 2024/Chainwire/–BC.GAME and Cloud9 Esports extend their existing partnership with Cloud9’s acquisition of the Dota 2 esports team Entity. As part of the deal, the European-based Entity has been renamed Cloud9 BC.GAME Dota 2. Entity is a prominent European Dota 2 team known for its strong performance and high rankings in the … Read more
Apple’s new Safari feature removes distracting items from websites
Safari’s newest feature, Distraction Control, can remove distracting elements from a website. The feature follows Browser Company’s Arc Browse’s addition of Boosts last year, which similarly lets users remove features from a site and further customize its appearance. Apple is rolling out the early version of the feature this week through new developer betas of … Read more
ZKsync-Powered GRVT’s Highly Anticipated Open Beta Goes Live Today
**SINGAPORE, Singapore, August 5th, 2024/Chainwire/–**Hybrid cryptocurrency exchange GRVT (pronounced “gravity”), ZKsync’s first official Validium ZK Chain, launches its Open Beta Testnet today. After months of anticipation, the 2.5 million waitlisted testers can now experience GRVT’s cutting-edge features. Blending the strengths of both CEXs and DEXs, GRVT empowers users with self-custody of their assets and offers … Read more
Video game actors are officially on strike over AI
Photo by VALERIE MACON/AFP via Getty Images Actors have once again picked up their picket signs. But this time, members of the screen actors guild are striking against the video game industry after negotiations for a new contract governing interactive media and video games fell through. The guild began striking on Friday, July 26th, preventing … Read more
Justin Sun denies liquidation rumors amid market turmoil
Over the weekend, more than $1 billion in futures positions were liquidated from the crypto markets as fears of a looming recession intensified.
Price analysis 8/5: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Global equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows.
DePIN and Machine Data Can Change Web3
DePIN enables the tokenization of machines, opening up RWA investments and spreading benefits to owners and users, says Leroy Hofer, CEO and co-founder of Teneo Protocol.
Solana Price Plunges 30% in a Week—And Its Biggest Meme Coins Are Down Worse
As Solana fell to its lowest price since February, meme coin mania hit a bump in the road, causing asset prices to plummet.
Aussie Dollar Depreciation Raises Offshore Web Hosting Costs
Australian businesses are grappling with skyrocketing web hosting costs as the value of the Australian dollar (AUD) continues its downward spiral against the US dollar (USD). The recent drop in the AUD follows Thursday’s release of the Australian Bureau of Statistics (ABS) Trade Balance data, which showed a trade surplus of 5.589 billion AUD for … Read more
Bitcoin bulls were obliterated, but is it time to catch the falling knife?
Bitcoin derivatives show traders’ morale is low, weakening the odds of a 20% rise from the $49,320 BTC bottom.