Illustration by Mitchell Preffer for Decrypt. Echoing last week, the values of market leaders Bitcoin and Ethereum remained pretty inert over the past seven days. Nonetheless, market leader Bitcoin (BTC) hit a one-year high after crossing the $31,000 threshold on Monday on news that the world’s largest asset manager, BlackRock, was refiling its application to the SEC for a Bitcoin…
Month: July 2023
What is prompt engineering, and how does it work?
Prompt engineering has become a powerful method for optimizing language models in natural language processing (NLP). It entails creating efficient prompts, often referred to as instructions or questions, to direct the behavior and output of AI models. Due to prompt engineering’s capacity to enhance the functionality and management of language models, it has attracted a lot of attention. This article will…
Coinbase was aware of securities law violations, the SEC claims in letter
According to a letter sent by the SEC on July 7 to a district judge, Coinbase had knowledge of the probability that federal securities laws would apply to its operations, openly informing its shareholders about the possibility of assets traded on its platform being classified as securities. “Since becoming a public company, Coinbase has repeatedly informed its shareholders of the…
An Ethereum Developer Explains Why Proto-Dansharding Is a Big Deal
One of Ethereum’s most important conferences, ETHBarcelona, just wrapped up in Spain. At it, Decrypt got a chance to sit down with Ethereum developer Mario Havel to talk about an exciting new upgrade that the network is gearing up for: Proto-Danksharding. The super simple explanation is that it’s meant to make Ethereum transactions as cheap as possible while also allowing…
What is The Graph, and how does it work?
The Graph (GRT) is a decentralized cryptocurrency with multiple use cases and a community-driven, open ecosystem that provides indexing and query options to developers building DApps. The Graph utilizes blockchain technology and a sophisticated indexing protocol to facilitate more efficient blockchain data querying. It first enables DApps to augment Ethereum with data via smart contract transactions. The Graph uses GraphQL…
Winklevoss slams Silbert, Twitter’s double-edged sword and more
Twitter’s plans to roll out a payment platform took a major step forward this week as its subsidiary, Twitter Payments, received its first money transmitter licenses in the United States states of Michigan, New Hampshire and Missouri. The company — reportedly building a solution with crypto in mind — is seeking to provide transfer services in all 50 U.S. states,…
Bitcoin Spot ETF Will Open Door to New Investors: Volatility Shares Co-Founder
The Bitcoin rally that rode in on the back of investment titan BlackRock’s application for an exchange traded fund for spot markets is still going. Now, with the launch of the first ETF in Bitcoin leveraged futures, hopes are rising that a spot ETF will be next. For many investors, BlackRock’s success could herald a new stage of institutional investors…
‘AI Is My Muse’: Jenni Pasanen’s Journey as a Digital Artist
When Jenni Pasanen started exploring AI, she realized she had found her calling. The Finnish artist learned about Generative Adversarial Networks (GAN) and AI art in the fall of 2020, not long after discovering NFTs. A friend introduced her to the concept of blockchain, and she was immediately enthusiastic. “I thought that this was an amazing technology,” she told Decrypt.…
A Fraction of its Former Highs, What’s Next for DeFi?
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) It’s been a pretty dull bear market of late. Bitcoin has flirted with $30,000 for some time, and Ethereum has only briefly managed to get out in front of that pesky $2,000 mark. It feels like a lot of the same in DeFi. Derivative changes lead different projects to temporarily…
Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program
Gemini co-founder Cameron Winklevoss alleged Barry Silbert committed fraud by knowing Genesis was “massively insolvent” when attempting to continue the Earn pro… Source: https://cointelegraph.com/app/public/index.php/news/gemini-files-lawsuit-against-digital-currency-group-barry-silbert-genesis-earn-program