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February 22, 2024
Crypto infrastructure startup Conduit says users can now launch their very own layer 3 with “only a few clicks.” Blockchain infrastructure firm Conduit has launched a new platform allowing users to build and deploy a layer-3 rollup on Ethereum or other networks for as cheap as $50 a month and in as little as 15...
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STRK’s token has fallen by over half since its launch two days ago, as millions of the tokens are sold by airdrop hunters and large token recipients. The two-day-old token for the Ethereum layer-2 network Starknet has more than halved in price as Ethereum infrastructure firm Nethermind and airdrop farmers dumped millions worth of the...
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“Our letter lays out what anyone knows who’s paid even the slightest bit of attention to the subject: ETH is not a security,” said Coinbase’s chief legal officer. United States crypto exchange Coinbase has stood firmly behind Grayscale in its application to convert its Ethereum Trust into a spot Ether exchange-traded product, with one of...
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Nvidia also overtook Elon Musk’s Tesla as Wall Street’s most-traded stock in the United States over the last 30 trading sessions. Nvidia, one of the biggest producers of graphics processing units (GPUs), reported a 265% year-on-year increase in revenue amid rising global demand for artificial intelligence (AI) equipment.  According to the latest fourth-quarter financial results,...
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Chainway Labs’ ZK-rollup project Citrea secured initial funding to bring the solution to market, which could allow for NFTs and blockchain games on Bitcoin. Citrea, a project aiming to bring zero-knowledge (ZK) rollups to Bitcoin, has closed a $2.7 million seed round led by Galaxy Ventures, the venture arm of Galaxy Digital. The project said...
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Crypto infrastructure startup Conduit says users can now launch their very own layer 3 with “only a few clicks.” Blockchain infrastructure firm Conduit has launched a new platform allowing users to build and deploy a layer-3 rollup on Ethereum or other networks for as cheap as $50 a month and as little as 15 minutes....
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Google to fix the Gemini model that’s been generating pics of “diverse” Nazis, but open source AI models are the only real solution: AI Eye. After days of getting dragged online over its Gemini model generating wildly inaccurate pictures of racially diverse Nazis and black medieval English kings, Google has announced it will partially address...
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Tether did not make a specific comment on whether it plans to drop support for Tron after rival Circle dumped the network over safety concerns. Stablecoin issuer Tether didn’t provide a definitive answer on whether or not it would cease support for the Tron network after its rival Circle ceased minting its stablecoin on the...
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Solano said he wants to prioritize the utility of Bored Ape Yacht Club NFTs and recreate a space for the “magic and crazy shit” that first made it popular. Greg Solano, one of the creators behind the Bored Ape Yacht Club (BAYC) nonfungible token (NFT) collection, has become the new CEO of Yuga Labs. Solano,...
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