Bioptimus raises $41M to develop a ‘GPT for biology’

A fledgling French AI startup has raised $41 million to develop a foundational AI model for biology. Just as OpenAI’s ChatGPT has taken the world by storm for a super-smart generative AI tool capable of natural language conversation in text form, Bioptimus is taking that concept but training its model specifically for downstream biological applications … Read more

BTC below $91K, Dollar at 2-year High, AI Crypto faces Deep sell-off

BTC below $91k on strong dollar & inflation fears. MicroStrategy buys $243m more BTC. BTC consolidates below 20-day EMA. BTC dominance rises, XRP outperforms. Two more US states consider BTC reserves. Bessent to divest $250-500k BTC ETF holdings. FDIC official criticises crypto restrictions. FTX to start repaying creditors post Jan 20. Dimon compares BTC to … Read more

Middle East-Based Sigma Capital Unveils $100M Fund to Accelerate Web3 Innovations

Sigma Capital, an early-stage venture firm, has unveiled a $100 million fund focused on Web3 startups. The Dubai-based company is attempting to capitalize on the United Arab Emirates’ (UAE) reputation as a crypto hub, according to an emailed announcement on Tuesday. The fund will focus on decentralized finance (DeFi), tokenization and blockchain infrastructure by managing … Read more

Options Tied to BlackRock’s Bitcoin ETF Surge to Nearly 50% of Deribit’s BTC Open Interest in Two Months

The stateside demand for regulated crypto products is real. The U.S. SEC-approved options tied to BlackRock’s spot bitcoin (BTC) exchange-traded fund (IBIT), which debuted on Nov. 19, are already almost half the size of Deribit’s eight-year-old bitcoin options market. On Monday, there were 2.16 million open or active IBIT options contracts, representing a notional value … Read more

Company Behind Illicit $24B Telegram Marketplaces Launches Stablecoin

Huione, a Telegram-based illicit marketplace that offers personal data and money laundering services has rolled out its own stablecoin, according to report by blockchain security firm Elliptic. The stablecoin (USDH) was created to “avoid the common freezing and transfer restrictions of traditional digital currencies.” The Huione website adds that “USDH is not restricted by traditional … Read more

Crypto Bank Sygnum Gets Unicorn Status With $58M Round

The crypto industry has a new “unicorn” in digital asset bank Sygnum, which has just closed a $58 million funding round. The Zug, Switzerland and Singapore-based lender closed an oversubscribed “strategic growth round,” which was led by BTC-focused venture capital firm Fulgar Ventures, according to an emailed announcement on Tuesday. The round gave Sygnum “unicorn” … Read more

LemFi moves remittances further into Asia and Europe with $53M in new funding

For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they now represent significant portions of GDP in these countries, often outpacing foreign direct investment as the primary source of foreign exchange.  Traditional banks and agents maintain a firm grip on the remittance … Read more

Binance.US Chief: The SEC Called Us a Cauldron of Fraud, Without Any Evidence

Gary Gensler’s Securities and Exchange Commission (SEC) branded Binance.US “a cauldron of fraud,” and used its power and influence to choke off the firm’s banking relationships and USD fiat ramps, despite failing to produce any evidence to back up its claims in court, the interim chief of Binance.US told CoinDesk in an interview. In June … Read more

Fortinet FortiGate-VM: Enterprise-class Security for Applications and Workloads Running on AWS

A firewall enables organizations to monitor, filter, and control network traffic and prevent unauthorized access. As an organization grows and expands its cloud footprint, its network grows, making it essential that the firewall has the capacity to expand accordingly. The challenge for CISOs and SecOps teams is finding the right firewall solution without breaking the … Read more

Pro-Rata Mechanisms: Game Theory Insights for Decentralized Exchanges

:::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

The TechBeat: With Gelsinger’s Departure, Could Intel Be Headed Towards a Stock Surge? (1/14/2025)

How are you, hacker? 🪐Want to know what’s trending right now?: The Techbeat by HackerNoon has got you covered with fresh content from our trending stories of the day! Set email preference here. ## With Gelsinger’s Departure, Could Intel Be Headed Towards a Stock Surge? By @journalistic [ 4 Min read ] Intel shares have … Read more

OpenVPN is Open to VPN Fingerprinting: Appendix

:::info Authors: (1) Diwen Xue, University of Michigan; (2) Reethika Ramesh, University of Michigan; (3) Arham Jain, University of Michigan; (4) Arham Jain, Merit Network, Inc.; (5) J. Alex Halderman, University of Michigan; (6) Jedidiah R. Crandall, Arizona State University/Breakpointing Bad; (7) Roya Ensaf, University of Michigan. ::: Table of Links Abstract and 1 Introduction … Read more

OpenVPN is Open to VPN Fingerprinting: Acknowledgement and References

:::info Authors: (1) Diwen Xue, University of Michigan; (2) Reethika Ramesh, University of Michigan; (3) Arham Jain, University of Michigan; (4) Arham Jain, Merit Network, Inc.; (5) J. Alex Halderman, University of Michigan; (6) Jedidiah R. Crandall, Arizona State University/Breakpointing Bad; (7) Roya Ensaf, University of Michigan. ::: Table of Links Abstract and 1 Introduction … Read more

OpenVPN Detection Risks: Scaling Attacks and Calls for Stronger Obfuscation

:::info Authors: (1) Diwen Xue, University of Michigan; (2) Reethika Ramesh, University of Michigan; (3) Arham Jain, University of Michigan; (4) Arham Jain, Merit Network, Inc.; (5) J. Alex Halderman, University of Michigan; (6) Jedidiah R. Crandall, Arizona State University/Breakpointing Bad; (7) Roya Ensaf, University of Michigan. ::: Table of Links Abstract and 1 Introduction … Read more