Canary Proposes First Political Meme Coin ETF for TRUMP Token in Bold SEC Filing

Canary Capital Group has filed with the U.S. Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund (ETF) that would hold the TRUMP Coin (TRUMP), a Solana-based token linked to President Donald Trump. The proposed “Canary TRUMP Coin ETF,” submitted in an S-1 filing on Tuesday, marks a bold move to bring one … Read more

Why Your Phone’s AI is Slow: A Story of Sparse Neurons and Finicky Flash Storage

Table of Links Abstract and 1. Introduction Background and Motivation PowerInfer-2 Overview Neuron-Aware Runtime Inference Execution Plan Generation Implementation Evaluation Related Work Conclusion and References 2 Background and Motivation 2.1 LLM Inference and Metrics LLM inference consists of two stages: the prefill and the decoding stage. During the prefill stage, the user’s prompt is processed … Read more

Crypto Exchange Gemini Introduces Ether and Solana Staking for All U.K. Customers

Gemini, the crypto exchange founded and led by Tyler and Cameron Winklevoss, expanded its staking services to the U.K., allowing all customers to earn rewards on ether (ETH) and solana (SOL) directly through its platform, the company said in a blog post Tuesday. The introduction follows the opening of Gemini’s first permanent office in London, … Read more

PowerInfer-2 Achieves 29x Speedup, Running 47-Billion Parameter LLMs on Smartphones

:::info Authors: (1) Zhenliang Xue, Co-first author from Institute of Parallel and Distributed Systems (IPADS), Shanghai Jiao Tong University; (2) Yixin Song, Co-first author from Institute of Parallel and Distributed Systems (IPADS), Shanghai Jiao Tong University; (3) Zeyu Mi, Institute of Parallel and Distributed Systems (IPADS), Shanghai Jiao Tong University (yzmizeyu@sjtu.edu.cn); (4) Le Chen, Institute … Read more

Tesla rejected $60 million settlement in Autopilot case that ultimately cost it 4 times that amount

Tesla rejected a $60 million settlement in the wrongful death case that ended up costing the company $243 million in punitive and compensatory damages, Reuters reported today, citing newly filed legal documents. The proposal stemmed from a lawsuit filed by the families of the victims in a 2019 crash in which a Tesla Model S … Read more

Framework is now selling the first gaming laptop that lets you easily upgrade its GPU — with Nvidia’s blessing

Framework CEO Nirav Patel said he would deliver “the holy grail for gamers” with the Framework Laptop 16. In 2023, he suggested it’d be the first consumer notebook to fulfil the promise of modular, upgradable graphics cards like a desktop PC. We at The Verge were skeptical, because the last time we heard someone tell … Read more

BONK Rallies Despite Market Volatility as Safety Shot Commits $25M in Token Financing

BONK, the Solana-based meme token, endured sharp price swings during the last 24 hours, reflecting both selling pressure and large accumulation. The token moved within an 8% range between $0.0000197 and $0.0000212, ultimately consolidating near $0.0000205. The heaviest selling occurred during the Aug. 25 evening, when BONK fell about 5% from $0.0000208 to $0.0000197 on … Read more

Donald Trump Jr.’s 1789 Capital Takes Stake in Prediction Market Polymarket

Donald Trump Jr. has invested in blockchain-based prediction platform Polymarket through his venture firm 1789 Capital. As part of the deal, Trump Jr. will join Polymarket’s advisory board, according to a press release. The investment comes as part of a push by 1789 Capital into crypto-related infrastructure and alternative finance tools. According to Axios, 1789 … Read more

Web3’s Role in Building Transparent and Fair AI

Data used to be passive. You gave it away. Got some ads in return, with a recommendation or two. But now data thinks. Or, at least, powers something that appears to. And that “something”, artificial intelligence, is rapidly becoming the infrastructure behind every industry we know. The 2024 survey by McKinsey & Company shows AI … Read more

WLFI Futures Tumble 44% on Debut as Traders Short the Trump-Linked Token

Futures of World Liberty Financial (WLFI), the cryptocurrency linked to the family of President Donald Trump, lost more than 44% of their value on opening this weekend as traders chose to short the decentralized finance (DeFi) token. The futures began trading Aug. 23 on decentralized exchange Hyperliquid at $0.44. Within hours, the price had collapsed … Read more

Joe Lubin’s SharpLink Boosts ETH Holdings to Nearly 800K, Raised $361M in Fresh Capital

SharpLink Gaming (SBET), the Nasdaq-listed digital asset treasury firm led by Ethereum co-founder Joe Lubin, added 56,533 ether (ETH) to its balance sheet last week, lifting its total holdings to almost 800,000 ETH worth about $3.6 billion. The purchases, made between Aug. 18 and Aug. 24, averaged $4,462 per ETH, according to a Tuesday press … Read more