Month: August 2024
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.
Marc Andreessen’s family plans to build a ‘visionary’ subdivision near the proposed California Forever utopia city
Marc Andreessen’s family is planning to build a large housing development near the proposed California Forever city. © 2024 TechCrunch. All rights reserved. For personal use only.
Analysts come unglued ahead of Nvidia earnings call — $10 trillion within 5 years
The September 28 earnings report is being called the most important event of the year for the stock market.
SCOTUS could deal another blow to climate action
Illustration by Cath Virginia / The Verge | Photos via Getty Images The Supreme Court could stall action on climate change yet again as it weighs whether to pause new pollution regulations for coal-fired power plants. The Environmental Protection Agency (EPA) finalized rules this year aimed at curbing greenhouse gas emissions from coal plants. But … Read more
Price analysis 8/23: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s rise above $63,000 has attracted buying in several altcoins, signaling that the sentiment is turning bullish.
WazirX to Begin Indian Rupee Withdrawals, But Keep Users’ Crypto Frozen After Hack
WazirX users will be able to withdraw up to 66% of their Indian rupees starting Monday, about a month after funds were frozen due to a security breach.
Psst, Your DNS is Showing: Uncovering Vulnerabilities in DNS and Password Managers.
The Domain Name System (DNS) is often likened to the internet’s phone book, translating human-friendly domain names into IP addresses that computers use to identify each other on the network. While this system is fundamental to the functioning of the internet, it also presents a critical vulnerability that cybercriminals are increasingly exploiting. This article delves … Read more
Families can sue app developer for breaking its anti-bullying pledge, says court
Illustration by Alex Castro / The Verge An appeals court revived a lawsuit against the anonymous messaging service Yolo, which allegedly broke a promise to unmask bullies on the app. In a ruling issued Thursday, the Ninth Circuit Court of Appeals said Section 230 of the Communications Decency Act shouldn’t block a claim that Yolo … Read more
Synthetix betting on new 'multi-collateral' perps ahead of Arbitrum rollout
Synthetix faces fierce competition on the DeFi-oriented layer-2.
Law and AI: The Most Important Question That Law Firms Need to Answer
The legal sector, famously traditional and often perceived as a tech laggard, is now quite emphatically leapfrogging other verticals into the LLM and GenAI arena. With use cases in abundance, given the natural lean of the lawyer’s workload in AI’s direction, law firms are comprehensively integrating AI into their offerings and operations. However, it’s become … Read more
Canoo’s chief technology officer is out amid wider reorg
EV startup Canoo’s chief technology officer Sohel Merchant has left the company, two people familiar with his departure have told TechCrunch. Merchant was one of the members of Canoo’s founding team, who created the startup in late 2017. His departure from the company means that only one of those founding team members remains — chief … Read more
WazirX announces INR withdrawals will resume on Aug. 26
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.
OpenAI Made an AI Detection Tool, So Why Isn’t It Releasing It?
OpenAI became an overnight household name, at least in tech circles, by releasing ChatGPT in November 2022. Businesses and individuals quickly adopted its tools and began using them to automate daily tasks. One issue with AI-generated text and images is that they can mirror existing works. Some have accused the software of plagiarism, while others … Read more
Why Transparency Is Key to the Future of AI and All It Can Be
Move over EigenLayer. RWAs, hop in the back seat. AI is proving it will be the top narrative in crypto for a while. Artificial Intelligence is transforming the world at an unprecedented pace, revolutionizing industries from healthcare to finance. While its potential seems limitless, one crucial element will determine whether AI fulfills its promise or … Read more
If your country has adopted a CBDC, you might be suffering
New research indicates that in countries where central bank digital currencies have been adopted or are under consideration, well-being is low.
PleasrDAO files preliminary injunction against Martin Shkreli
In 2021, PleasrDAO acquired “Once Upon A Time in Shaolin,” a one-of-a-kind musical album by Wu-Tang Clan, for $4.75 million.
Halliburton shuts down systems after cyberattack
A company spokesperson for the oil drilling and fracking giant declined to name the executive overseeing cybersecurity, if any. © 2024 TechCrunch. All rights reserved. For personal use only.
El Salvador Now Holds $361 Million in Bitcoin as Nation Buys 1 BTC Daily
The Central American country is steadily accumulating Bitcoin, with El Salvador now holding nearly 6,000 BTC.
Satoshi VS physics: How quantum Bitcoin miners could make ASIC obsolete
Quantum rigs might pose a bigger threat to blockchains than quantum decryption.
Okay, Bloomer!
Bloomberg’s editorial board says Harris and Trump shouldn’t “pander” to crypto. The piece itself panders to stereotypes about the digital assets industry.
US sues RealPage over rent-setting software that allegedly drove up prices
Image: Cath Virginia / The Verge The Justice Department is suing the company behind a widely used software that helps landlords set rental prices. It alleges that RealPage’s rent recommendation algorithm drives up prices and “deprives renters of the benefits of competition on apartment leasing terms.” In the complaint, the DOJ, along with eight states, … Read more
FOMO HOUR 186 – AVAX LEADS PUMP
BTC ETFs: +$65m, ETH ETFs: -$1m. Crypto stays range-bound ahead of Powell speech. Russia plans stablecoins of BRICS countries. El Salvador buys 162 BTC with daily buys. AVAX up 15% as Grayscale launches trust. Tron removes 12k BTC from USDD reserves. Trump promotes crypto DeFi project. Crypto half of corporate political donations. Tether abandons plan … Read more
FOMO HOUR 185 – KAMALA ‘SUPPORTS’ CRYPTO?
BTC ETFs: +$40m, ETH ETFs: -$18m. BTC breaks channel, ripe for ‘short squeeze’. BTC OI rises $1.3bn post Fed minutes. Kamala ‘supports crypto policies’ says advisor. Vitalik ‘bull posts’ ETH. Story Protocol raises $80m for L1. WazirX halts open orders after problems with Rupee. Coinbase & Ripple lead political donations. Salame claims government reneged on … Read more
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