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Lumoz: Decentralized Compute Infrastructure for the Era of AI, ZK, & RaaS
This report, by Tiger Research, examines how Lumoz addresses ZKP challenges with modular infrastructure and advances AI and TEE technologies. TL;DR ZKP Promise and Challenges: ZKP is a powerful blockchain technology that solves both privacy and scalability issues. However, it requires intensive computation resources, leading to high computing costs and centralization risks. The Power of … Read more
GM banned from selling your driving data for five years
Illustration: Alex Castro / The Verge General Motors and its subsidiary OnStar are banned from selling customer geolocation and driving behavior data for five years, the Federal Trade Commission announced Thursday. The settlement comes after a New York Times investigation found that GM had been collecting micro-details about its customers’ driving habits, including acceleration, braking, … Read more
Biden punts the TikTok ban to Trump
Image: Cath Virginia / The Verge, Getty Images The Biden administration says it will leave it to incoming President Donald Trump to figure out how to deal with the mess of the TikTok ban, ABC News reports. “Our position on this has been clear: TikTok should continue to operate under American ownership,” a White House … Read more
Texas Man Sues Attorney General Over DOJ’s Prosecution of Crypto Software Devs
A fellow at crypto think tank Coin Center filed suit against U.S. Attorney General Merrick Garland on Thursday, seeking a judge’s guarantee that the Department of Justice (DOJ) will not be able to prosecute his forthcoming crypto project for violating money transmitting laws in the future. The lawsuit, filled by blockchain entrepreneur Michael Lewellen, claims … Read more
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SpaceX is about to attempt its seventh Starship rocket launch
Image: SpaceX SpaceX’s next big launch is here. On Thursday at 5:37PM ET, Elon Musk’s space company will attempt to launch Starship for its 7th test flight from Boca Chica, Texas. You can watch the livestream from X or SpaceX’s website. At 403 feet tall, Starship is the biggest launch vehicle ever. It’s made up … Read more
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SEC’s Last Major Legal Official Exits, Leaving Clean Slate for Trump Era
The U.S. Securities and Exchange Commission’s top lawyer, General Counsel Megan Barbero, will step away next week, joining the exodus of top agency officials who had been responsible for the SEC’s legal battles with the crypto industry in recent years. “Her measured advice and judgment have been critical to the decision making of the Commission,” … Read more
Senator Lummis claims FDIC destroyed Operation Chokepoint 2.0 docs
“You must ensure your staff cease and desist destruction of all materials and end retaliatory actions immediately,” Lummis wrote.
Stablecoin for cyber-scammers launches, Sony L2 drama: Asia Express
Marketplace for cyber-scammers launches its own stablecoin, Sony L2 collides with reality, Lazarus stole $650M crypto in 2024. Asia Express.
XRP Nearly Sets New All-Time High Price After 45% Spike
Ripple-linked asset XRP surged to a fresh seven-year-high price Thursday, coming within two cents of its 2018 peak.
Crypto’s Senate Ally Lummis Pushes Federal Agencies on Digital Assets Issues
Republican U.S. Senator Cynthia Lummis took aim at two federal agencies on behalf of the crypto industry this week, just days before the wide-reaching transition of the federal government when President-elect Donald Trump again takes office. Lummis warned the U.S. Marshals Office to slow down its crypto asset sales and she cautioned officials at the … Read more
BTC dips from $100K, Stocks have Best Day in Months, AI Agents hit $18B!
BTC reaches $100k before pullback, dominance falls. Trump considers strategic reserves for SOL & XRP. XRP at 7 year high, overtakes BTC in Google trends. SEC files opening brief in appeal against XRP. Bitfinex to get back 80% of hacked BTC. BTC could top $300k in 2025: Hashkey survey. SEC could freeze non-fraud crypto cases. … Read more
Litecoin ETF Could Attract Up to $580M of Inflows If Adoption Mirrors That of Bitcoin ETFs
While a litecoin (LTC) exchange-traded fund is still only theoretical, investor demand for the product could soar as high as $580 million if Wall Street adopts it at the same rate it did LTC’s better-known cousin bitcoin. That calculation is based on the roughly 6% of bitcoin’s total supply now locked up in a variety … Read more
New York powerhouse VC Insight Partners nabs another $12.5B after $8B in exits
Insight Partners closed another giant flagship fund after big returns in 2024. © 2024 TechCrunch. All rights reserved. For personal use only.
Berachain Hasn’t Launched Yet But Has Already Attracted $1.7 Billion—Here’s Why
Crypto investors are flocking to opportunities to provide early liquidity to Berachain, seeking rewards ahead of its official launch.
What Makes AI Work? A Breakdown of the Key Proofs
:::info Authors: (1) Jongmin Lee, Department of Mathematical Science, Seoul National University; (2) Ernest K. Ryu, Department of Mathematical Science, Seoul National University and Interdisciplinary Program in Artificial Intelligence, Seoul National University. ::: Abstract and 1 Introduction 1.1 Notations and preliminaries 1.2 Prior works 2 Anchored Value Iteration 2.1 Accelerated rate for Bellman consistency operator … Read more
Bitcoin CME gap drop to $78K possible due to fringe risks surrounding US economy
A Bitcoin futures CME gap below $80,000 could be filled before BTC price treks to new all-time highs in 2025.
Failed fintech startup Bench racked up over $65 million in debt, documents reveal
Canadian Fintech Bench had over $65 million in debt but less than $3 million in cash, documents reveal. © 2024 TechCrunch. All rights reserved. For personal use only.
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Amid tokenization race, Tradable brings $1.7B private credit onchain
According to S&P Global, tokenization can eliminate many investment barriers in the private credit market.
Apple pauses AI notification summaries for news after generating false alerts
Apple is pausing AI notification summaries for news and entertainment apps after facing backlash for generating inaccurate news alerts. In addition, the company is introducing changes to notification summaries as a whole to allow for greater transparency. With the latest round of developer previews for iOS 18.3, iPadOS 18.3, and macOS Sequoia 15.3, Apple is disabling … Read more
Breaking Down Complex Concepts in Reinforcement Learning
:::info Authors: (1) Jongmin Lee, Department of Mathematical Science, Seoul National University; (2) Ernest K. Ryu, Department of Mathematical Science, Seoul National University and Interdisciplinary Program in Artificial Intelligence, Seoul National University. ::: Abstract and 1 Introduction 1.1 Notations and preliminaries 1.2 Prior works 2 Anchored Value Iteration 2.1 Accelerated rate for Bellman consistency operator … Read more
Unpacking Key Proofs in Reinforcement Learning
:::info Authors: (1) Jongmin Lee, Department of Mathematical Science, Seoul National University; (2) Ernest K. Ryu, Department of Mathematical Science, Seoul National University and Interdisciplinary Program in Artificial Intelligence, Seoul National University. ::: Abstract and 1 Introduction 1.1 Notations and preliminaries 1.2 Prior works 2 Anchored Value Iteration 2.1 Accelerated rate for Bellman consistency operator … Read more
Aave tokenholders mull foray into Bitcoin mining
Some tokenholders are expressing doubts about the proposal’s profitability for the DeFi lending protocol.
Coinbase Restarts Bitcoin-Backed Loans via Ethereum Network Base
Centralized crypto exchange Coinbase now offers Bitcoin-based loans through Morpho, a lending protocol on its Ethereum layer-2 network, Base.