Circle Launches Venture Capital Fund for Early Stage Blockchain Projects

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Circle, the digital currency company that jointly administers the USDC stablecoin with Coinbase, has launched the Circle Ventures fund to support early stage blockchain projects and companies. The fund doesn’t have a predetermined monetary amount, Circle told CoinDesk, and has already deployed initial capital.“Circle’s mission is to raise global economic prosperity through the frictionless exchange … Read more

Bitcoin Rally Stalls; Could Find Support at $63K-$65K

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Bitcoin (BTC) is giving up some gains after reaching an all-time high near $68,500 on Monday. The cryptocurrency is overbought on intraday charts, although support around the $63,000-$65,000 range could stabilize a pullback. The relative strength index (RSI) on the four-hour chart is the most overbought since Oct. 20, which preceded a near-10% price decline. … Read more

The Social (Token) Network: Rally, Friends With Benefits and the Future of Branding

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!llmind is a Grammy-winning producer. He collaborates with artists like Beyonce, Kanye West and Lin-Manuel Miranda – it’s a long list. The secret to his success? A concept he calls “BLAP,” which originally stood for Beats, Love, Alcohol, Parties. He builds communities. This started back in 2007, in a Soho lounge called Katra, where he … Read more

The Problem With Decentralized Exchanges—And How To Solve It

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Despite the proven economic value of decentralized exchanges (DEXs)—Uniswap, for example, recently traded more than $440 million in just 24 hours—they come with some serious baggage that’s hindering the growth of decentralized finance (DeFi). The requirement to process orders through smart contracts causes latency, a lack of liquidity leads to price slippage, and high transaction … Read more

Bring your own data to classify news with Amazon SageMaker and Hugging Face

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The fields of natural language processing (NLP), natural language understanding (NLU), and related branches of machine learning (ML) for text analysis have rapidly evolved to address use cases involving text classification, summarization, translation, and more. State-of-the art, general-purpose architectures such as transformers are making this evolution possible. Looking at text classification in particular, a supervised … Read more

Apple CEO Tim Cook Says He Holds Crypto

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Today, at the New York Times DealBook Online Summit, CEO of Apple Tim Cook stated his personal opinions about owning crypto.  “I think it’s reasonable to own it as part of a diversified portfolio,” he said. The CEO also confirmed that he personally owns crypto, though explicitly stated that this is not investment advice but … Read more

Twitter will now let you pay to undo tweets and read ad-free news in the US

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Twitter Blue subscribers can undo tweets before they’re sent. | Image: Twitter Twitter Blue, the company’s subscription service, is adding new features while expanding to new countries and platforms. The service first launched in June in Canada and Australia on iOS, but starting Tuesday, Twitter Blue will be available in the US and New Zealand … Read more

TSMC is partnering with Sony on its new $7 billion chip factory in Japan

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Photo by Walid Berrazeg/SOPA Images/LightRocket via Getty Images TSMC is teaming up with Sony (specifically, Sony Semiconductor Solutions Corporation) on its new $7 billion chip factory in Japan, the companies jointly announced today. The new plant, as had been previously announced, will focus not on cutting edge chips but rather older 22nm and 28nm processes … Read more

Let’s talk about the future of USB-C

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Illustration by Kristen Radtke / The Verge If you’re a longtime listener of The Vergecast, then you know that USB-C comes up a lot. Anytime our colleague Chaim Gartenberg joins the show, there is going to be a brief aside about the complications of USB-C and the many varieties of USB-C cables. The reason USB-C … Read more