DeFi is ‘waking up again’ — Active loans return to 2022 levels
DeFi lending and total value locked is recovering, but many related tokens are still at bear market lows.
Month: August 2024
OpenAI pledges to give U.S. AI Safety Institute early access to its next model
OpenAI CEO Sam Altman says that OpenAI is working with the U.S. AI Safety Institute, a federal government body that aims to assess and address risks in AI platforms, on an agreement to provide early access to its next major generative AI model for safety testing. The announcement, which Altman made in a post on … Read more
Bitcoin ‘explosive move’ looms as Bollinger Bands reach tightest points
A key Bitcoin trading indicator has hit its “tightest point” in a year. The last time it happened, Bitcoin pumped 20% in four months.
UK Central Bank, BIS Showcase Project for Monitoring Stablecoin
Pyxtrial includes features that allow supervisors to pull data directly from issuers’ systems to verify on-chain liabilities for stablecoins.
Bitwise says 'we’re not bullish enough’ amid political sway to crypto
Bitwise’s Matt Hougan said the idea that US politicians are even considering Bitcoin as a reserve asset is a monumental step given it felt more like a “daydream” a year ago.
Ethereum ETFs could reach $10B AUM in first year: Sygnum Bank
“When the net flows turn positive and accelerate, this will be a strong driver for the price of Ether,” said Katalin Tischhauser, Head of Investment Research at Sygnum Bank.
Meta burns another $4.5B on metaverse in Q2, preps for AI growth
Meta’s share price popped 7% in after-hours trading following a better-than-expected Q2 earnings call.
Torchchat: Chat with LLMs Everywhere
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Meta says India is the largest market for Meta AI usage
WhatsApp’s massive 500 million users in India have supercharged Meta’s AI ambitions. Meta CFO Susan Li said Wednesday that India is the largest market in terms of Meta AI usage, a notable milestone considering the product launched in India just a few months ago. Li said during Meta’s second-quarter earnings call that people have used … Read more
Bitcoin slips below $65K as Fed holds rates, hints at September cut
Bitcoin dropped below a key price point after the US Federal Reserve decided to hold rates steady, and tensions flared up in the the Middle East.
Lummis Introduces Bitcoin Reserve Bill Aiming to Bolster US’s Global Financial Standing
The newly introduced Bitcoin bill faces an uphill battle in a deeply divided Congress and Presidential race, Decrypt was told.
How Does OpenAI Survive
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Founder behind social media app IRL charged with fraud
While venture capitalists and the rest of the technorati are off on holiday or attending the Paris Olympics, the U.S. Securities and Exchange Commission and its staff attorneys are keeping busy this summer. For the second time this week — and at least the fourth time in the past several months — the SEC has … Read more
Telegram launches in-app browser supporting decentralized websites
The in-app browser is available on mobile and desktop, making Web3 “immediately” accessible to Telegram’s 950 million users.
Just disconnect the internet
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How to Write Tests for Free
Today, I’d like to cover the topic of tests. I assume you already know a lot about tests and have a strong opinion. Not that there are a lot of arguments against writing tests, but, in practice, we still see a lot of projects skip that part. It’s like flossing your teeth: every dentist tells … Read more