Kelly Ayotte, the Governor of New Hampshire, signed a bill into law allowing the state’s treasurer to invest in cryptocurrencies, including Bitcoin (BTC). In a May 6 notice, Ayotte announced on social media that New Hampshire would be permitted to “invest in cryptocurrency and precious metals” through a bill passed in the state Senate and … Read more
:::info Authors: (1) Hyosun park, Department of Astronomy, Yonsei University, Seoul, Republic of Korea; (2) Yongsik Jo, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (3) Seokun Kang, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (4) Taehwan Kim, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (5) M. James Jee, Department … Read more
Uber announced its third partnership with a Chinese autonomous vehicle company this week, revealing the ride-hail and delivery giant’s appetite for global domination in the emerging robotaxi sector. Uber said Tuesday it would work with Guangzhou-based Pony AI, which late last year went public on the Nasdaq at a $5.25 billion valuation, to launch robotaxis … Read more
:::info Authors: (1) Hyosun park, Department of Astronomy, Yonsei University, Seoul, Republic of Korea; (2) Yongsik Jo, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (3) Seokun Kang, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (4) Taehwan Kim, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (5) M. James Jee, Department … Read more
A hearing meant to discuss crypto legislation devolved into a tense shouting match Tuesday, underscoring new threats to bipartisan support for industry-related bills.
The native coin of the BNB Chain is a benchmark for digital assets more broadly, and will continue to surge, the bank said.
:::info Authors: (1) Hyosun park, Department of Astronomy, Yonsei University, Seoul, Republic of Korea; (2) Yongsik Jo, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (3) Seokun Kang, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (4) Taehwan Kim, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (5) M. James Jee, Department … Read more
Eight decades of dollar history can be read as a three-act play. Act I was the Eurodollar—off-shore bank deposits that sprang up in 1950s London so the Soviet bloc, European exporters, and eventually every multinational could hold dollars outside U.S. regulation, spawning a multi-trillion-dollar shadow banking base. Act II was the Petrodollar. After 1974, OPEC’s … Read more
After several years, the collaboration between Sonos and Ikea on “Symfonisk” products like lamp speakers, bookshelf speakers, and even picture frame speakers has reached its conclusion. Sonos confirmed to The Verge on Tuesday that current inventory of the Symfonisk lineup is being phased out globally at all Ikea locations and no future devices are planned. … Read more
:::info Authors: (1) Hyosun park, Department of Astronomy, Yonsei University, Seoul, Republic of Korea; (2) Yongsik Jo, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (3) Seokun Kang, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (4) Taehwan Kim, Artificial Intelligence Graduate School, UNIST, Ulsan, Republic of Korea; (5) M. James Jee, Department … Read more
Cross-chain dApps are decentralized applications that operate across multiple blockchain networks, enabling a single app to interact seamlessly with various chains. This approach broadens an app’s reach, letting it tap liquidity and users from Ethereum, Solana, BNB, Polygon, and beyond. However, cross-chain development introduces complexity: developers must manage disparate RPC endpoints, reconcile different consensus rules, … Read more
OpenAI said on Monday it is pursuing a new restructuring plan after conversations with Delaware and California’s attorneys general, both of whom were closely watching as OpenAI tried to break free of its odd corporate structure. Currently, OpenAI’s nonprofit board governs the organization’s for-profit operations. Under the new plan, OpenAI’s for-profit arm will become a … Read more
What Is a Blockchain? A blockchain is essentially a special kind of digital ledger – imagine a notebook or spreadsheet that everyone can see and add to, but no one can erase or tamper with past entries. Each “block” in this chain is like a page in the ledger containing a batch of transactions or … Read more
:::info Authors: (1) Soham De, Google DeepMind and with Equal contributions; (2) Samuel L. Smith, Google DeepMind and with Equal contributions; (3) Anushan Fernando, Google DeepMind and with Equal contributions; (4) Aleksandar Botev, Google DeepMind and with Equal contributions; (5) George Cristian-Muraru, Google DeepMind and with Equal contributions; (6) Albert Gu, Work done while at … Read more
NBC’s upcoming NBA coverage will include the AI-generated voice of Jim Fagan, a longtime sports narrator who died in 2017. In an announcement on Tuesday, NBC said the AI-generated voice of Fagan will appear across select title sequences, show opens, and promos when the network resumes airing NBA games in October. Fagan’s voice appeared in … Read more
Democrats in the U.S. House of Representatives derailed what was supposed to be a joint hearing on crypto policy efforts on Tuesday, insisting that President Donald Trump’s personal crypto dealings were too urgent to allow other discussion on instituting industry regulations. “I object to this joint hearing because of the corruption of the president of … Read more
Asset manager Standard Chartered predicts that Binance’s ecosystem token, BNB, could more than double in price this year, according to an analyst report reviewed by Cointelegraph. The asset manager sees BNB’s price rising to approximately $1,275 per token by the end of 2025 and as high as $2,775 by the end of 2028, according to … Read more
Investment bank Compass Point downgraded MARA Holdings (MARA) to a sell rating from neutral on Tuesday, citing unsustainable cash burn. “There’s better ways to get BTC beta,” analysts wrote in the research note, pointing to Marathon’s hash price, now below 5.5 cents, as a signal of declining profitability. At current operational levels, Compass Point estimates … Read more
Particle, the startup behind an AI-powered newsreader that aims to help publishers, not just steal their work, is bringing its product to the web. On Tuesday, the company announced the launch of the new Particle.news website that connects news consumers with headlines and AI summaries from a variety of sources, plus the ability to delve … Read more
Google’s iOS app is getting a new “Simplify” feature that uses AI to make complex or technical text on the web easier to understand, all without leaving a web page. Simplify features a prompt refinement approach developed by Google Research, and uses Gemini to make complicated text more digestible, without losing key details. Google says … Read more
Finom, an Amsterdam-based digital bank for small- and medium-sized businesses, has raised €92.7 million (roughly $105 million) in a growth investment from General Catalyst’s Customer Value Fund, the company tells TechCrunch exclusively. The capital infusion “will be used exclusively and only for growth” and not for operational expenses or product development, Kos Stiskin, Finom’s chairman … Read more
Google has a new AI tool that can help iPhone users to better grasp complicated or confusing writing online. The Simplify feature, rolling out in the Google app on iOS starting today, generates a simpler, more digestible version of any highlighted text without leaving the current web page. Simplify is built on Google’s Gemini AI … Read more
It is also unknown if the wallets were owned by the same person or if they are in any way connected.
:::info Authors: (1) Nicholas A. G. Johnson (nagj@mit.edu); (2) Theo Diamandis (tdiamand@mit.edu); (3) Alex Evans (aevans@baincapital.com); (4) Henry de Valence (hdevalence@penumbra.zone); (5) Guillermo Angeris (gangeris@baincapital.com). ::: Table of Links Abstract and Introduction 1 The concave pro-rata game 1.1 Symmetric pure strict equilibrium 1.2 Uniqueness of equilibrium 1.3 Equilibrium payoff 2 Batched decentralized exchanges 2.1 Arbitrage … Read more