The United States joined Japan in a rare currency intervention to defend the yen on August 1, its first joint yen-buying action since 2011. Yet Tokyo is demanding it stop using Mario, Pokémon, and Naruto in government memes. At the same time the United States has taken significant steps to support Japan’s currency, Japan’s government […]
OpenAI’s latest update focuses on improving the user experience inside ChatGPT, while AMD’s move is aimed at accelerating AI inference performance, an increasingly important battleground as demand grows for faster and more efficient deployment of large language models. Together, the announcements underscore how leading companies are simultaneously advancing software capabilities and investing in the hardware […]
Former OpenAI alignment researcher Naomi Bashkansky said she resigned from the AI company on July 23 and joined Conduit the next day as a founding researcher. At Conduit, she will work on models designed to turn non-invasive neural recordings into text that can direct AI agents, a goal her essay calls “telepathy.” Related Reading OpenAI […]
Block reward miners faced mounting pressure in the second quarter as weak BTC prices squeezed profitability and AI expansion drove up infrastructure costs. The post Block reward mining Q2: Losses rising faster than revenue appeared first on CoinGeek.
Deposits of tokenized real-world assets across decentralized finance more than tripled to $7.4 billion over the past year, even as total funding in the sector declined. CoinShares highlighted the split in its latest report with Token Terminal, noting that demand for tokenized assets is now driven by utility rather than by crypto market cycles. Tokenized […]
Bitcoin (BTC) is showing renewed signs of buying pressure from large investors, with whale accumulation and improving spot Bitcoin ETF inflows strengthening the case for a potential move toward $70,000 despite uncertainty surrounding the U.S. CLARITY Act. Blockchain analytics firm Santiment reports that Bitcoin whales and sharks wallets holding between 10 BTC and 10,000 BTC […]
A Bitcoin wallet dormant since 2011 has suddenly moved nearly 50 BTC, worth approximately $3.2 million, attracting attention after the funds landed at an address with previous links to institutional crypto brokerage FalconX. The original wallet received 49.97 BTC on July 16, 2011, when Bitcoin traded near $10, according to Galaxy Research. The coins remained […]
Wintermute’s U.S. arm has officially registered as a broker-dealer, placing it under the oversight of the SEC and FINRA. This registration enables Wintermute to pursue designated market-maker status on major exchanges like the New York Stock Exchange and Nasdaq. Such a move could significantly bolster its operations in the crypto sector, especially in digital-asset ETFs […]
Malta has joined Italy, Portugal, and Spain to block a possible EU-wide online gambling levy, four diplomats told Politico, in a budget fight any one of the 27 governments can veto. Commission modeling would bill Malta about $190 million (€165 million) a year, more than Italy’s share, despite a population just over half a million. […]
On August 6, Bitcoin spot ETFs recorded total net inflows of $129 million, extending a trend of increasing institutional interest in crypto. This marks the fourth consecutive day of net inflows, which signals a robust interest from investors. The growing trend in ETF inflows could indicate a shift in market dynamics, particularly as Bitcoin maintains […]
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