Month: April 2025

CEX listings outperform Nasdaq and Dow IPOs with 80% average returns

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Cryptocurrency listings have outperformed the average of traditional stock listings, despite recent community criticism regarding the manipulation potential of token listings on centralized exchanges. Token listing procedures on centralized cryptocurrency exchanges (CEXs) drew significant controversy after Changpeng “CZ” Zhao, co-founder and former CEO of Binance, called the process flawed after disappointing performances of some token … Read more

Universities are giving up the fight for free speech — students aren’t

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As the US government launches investigations and threatens to pull federal funding, some elite universities have decided to take the path of least resistance. Colleges across the country have responded to the Trump administration’s attacks on diversity programs and student protesters by complying with these “anti-woke” witch hunts. In recent weeks, university administrators at Columbia … Read more

Bybit Beefs Up Asset Security Following $1.45B Hack

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Cryptocurrency exchange Bybit, which was hit by a $1.45 billion hack six weeks ago, has teamed up with Zodia Custody to beef up its security offering for institutional clients. Backed by a troupe of heavyweight traditional finance (TradFi) companies including Standard Chartered, Zodia offers segregated custody and off-venue settlement. This means users can trade on … Read more

US sanctions 8 crypto wallets tied to Garantex, Houthis

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The US Treasury Department sanctioned eight cryptocurrency wallet addresses linked to Russian crypto exchange Garantex and the Houthis. The United States Office of Foreign Assets Control (OFAC) sanctioned eight crypto addresses that data from blockchain forensic firms Chainalysis and TRM Labs had linked to the organizations. Two are deposit addresses at major crypto platforms, while … Read more

Crypto Daybook Americas: Bitcoin Slides to $83K as U.S. Tariffs Rattle Stocks, Currencies

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CORRECT (April 3, 11:30 UTC): Corrects headline to say bitcoin fell after the announcement; an earlier version of the story said it held steady. By James Van Straten (All times ET unless indicated otherwise) Liberation Day is done, and markets finally have clarity on U.S. tariffs. Starting April 5, all U.S. trading partners will face … Read more

How to Master Distributed Cache in Nest.JS

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Caching can be a thorn in any developer’s side. I’ve spent too many hours wrestling with slow APIs and overburdened databases, searching for a solution that’s both effective and easy to implement. That’s why I was thrilled when Karol (karol71927), a talented member of our open-source organization, Nestixis, created @nestixis/cache-manager. This lightweight, Redis-powered library has … Read more

Fintech Plaid raises $575M at a $6.1B valuation, says it will not go public in 2025

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Plaid, which connects bank accounts to financial applications, has sold about $575 million worth of common stock at a $6.1 billion post-money valuation, the fintech company confirmed to TechCrunch. The valuation is about less than half of the $13.4 billion that San Francisco-based Plaid was valued at when it raised a $425 million Series D … Read more

Cracking the Code of Protein Function: The Power of Precision-Tuned Language Models

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Table of Links Abstract and Introduction Precision tuning for protein modeling QA Task Performance Results and References Precision tuning for protein modeling This study uses two datasets: (1) a biomedical information retrieval dataset of 480000 research papers on protein structure/function prediction and (2) a generic natural language understanding dataset. The biomedical dataset was used to … Read more

Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Binance co-founder Changpeng “CZ” Zhao donated over half a million dollars worth of crypto to the earthquake disaster relief effort in Thailand and Myanmar, in another testament to the growing utility of blockchain-based emergency charity efforts. Zhao donated 1,000 BNB (BNB) tokens worth almost $600,000 to the disaster relief funds for the region on March … Read more

Why Smaller AI Models Are the Future of Domain-Specific NLP

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:::info Authors: (1) Pranjali Awasthi; (2) David Recio-Mitter; (3) Yosuke Kyle Sugi. ::: Table of Links Abstract and Introduction Precision tuning for protein modeling QA Task Performance Results and References ABSTRACT Language models have become increasingly popular in recent years for tasks like information retrieval. As use-cases become oriented toward specific domains, fine-tuning becomes default … Read more

Bitcoin Development Mailing List Briefly Goes Offline After ‘Malicious’ Warning

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The Bitcoin Development Mailing List, a key communication platform for developers of the original blockchain, was briefly offline on Wednesday after an apparent bot attack. Google flagged the publicly viewable group as containing “spam, malware, or other malicious content.” Users accessing the group received a “permanently removed” message while the issue was being sorted out. … Read more

Bitcoin’s Hash Rate Hits Record High, Yet Price and Activity Tell Another Story

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Bitcoin blockchain’s hashrate is surging, revealing a growing dislocation between the network activity and prices for its native token bitcoin (BTC). On a 14-day moving average, the hashrate, representing the computational power required to mine a block on the proof-of-work Bitcoin blockchain, recently reached an all-time high of 838 exahashes per second (EH/s), and on … Read more

Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin (BTC) faces “very high risk” conditions from US trade tariffs, which could spark a slump to $71,000. In his latest analysis, Charles Edwards, the founder of quantitative Bitcoin and digital asset fund Capriole Investments, warned about the impact of “higher than expected” US trade tariffs. ”Higher than expected” US tariffs pressure Bitcoin Bitcoin reacted … Read more

The AI Industry’s Love Affair With Overengineering Needs an Intervention

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“We need a multi-agent architecture for this.” Those eight words have launched thousands of enterprise AI projects—and doomed many of them to failure. In development rooms across Silicon Valley and beyond, I’ve watched engineering teams leap to implement sophisticated multi-agent architectures without first asking a fundamental question: do we actually need this complexity? In the … Read more

Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations

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HONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, and First Digital Trust (FDT), a Hong Kong-based fiduciary, holding press conferences over allegations of fund misappropriation involving Techteryx’s TrueUSD reserves. Sun doubled down on claims that TrueUSD’s reserves were “misappropriated by a … Read more

Amazon is ready to launch its Starlink competitor

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Amazon’s smallest dish teased in 2023. | Image: Amazon The first batch of 27 Project Kuiper space internet satellites are scheduled to launch next week. Amazon has secured 80 such launch missions that will each deliver dozens of satellites into low earth orbit (LEO) to create a constellation capable of competing with Elon Musk’s Starlink … Read more

How Clapper is Revolutionizing the Creator Economy

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In the fast-changing world of social media, where algorithms determine visibility and oversaturated platforms make it harder to stand out, creators are beginning to feel disconnected and constantly sold to. Amidst a sea of overly polished content, where ads dominate and influencers often push sponsored products, many creators are looking for a space to express … Read more

Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa

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Djamo is one of several digital banking startups targeting Africa’s underbanked. But unlike many that focus on large markets like Nigeria, Egypt, or South Africa, Djamo has carved out a niche in Francophone West Africa, specifically the Ivory Coast and, more recently, Senegal. It now serves over one million customers across both countries. The Y … Read more

U.S. Recession Odds Surge in Prediction Markets on Tariff Shock. What Next for BTC?

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U.S. recession fears are in the air following President Donald Trump’s tariff plan, with prediction platforms Polymarket and Kalshi indicating heightened concerns the economy will take a hit. On Polymarket, a decentralized prediction platform, the chance of the country slipping into recession this year topped 50% for the first time since the betting contract “US … Read more

Alabama, Minnesota lawmakers join US states pushing for Bitcoin reserves

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Lawmakers in the US states of Minnesota and Alabama filed companion bills to identical existing bills that if passed into law, would allow each state to buy Bitcoin. The Minnesota Bitcoin Act, or HF 2946, was introduced to the state’s House by Republican Representative Bernie Perryman on April 1, following an identical bill introduced on … Read more