Have you ever noticed that your AI chatbot get lost in the middle of a conversation, or it simply says it cannot handle prompts that are too long? Well, that is because each model has a limitation in its processing capabilities, and starts to suffer once it goes over that limit —pretty much like they suffered from some kind of…
Month: August 2023
Coinbase earnings show the company is now much more than just an exchange
Coinbase, a leading U.S. cryptocurrency exchange, shared its 2Q results on August 3. Despite showing a net loss, some positives emerged, like a 13% cut in operating expenses from the last quarter and a 3% boost in its cash reserves to $5.5 billion. Coinbase key financial metrics, USD million. Source: Coinbase However, the exchange took a hit with a $97…
‘MetalCore’ Game Preview: Hands-on With the ‘Titanfall’ Meets ‘Destiny’ NFT Mash-Up
‘MetalCore’ Game Preview: Hands-on With the ‘Titanfall’ Meets ‘Destiny’ NFT Mash-Up MetalCore is an upcoming mech shooter developed by Studio 369, and it’s being developed on Ethereum scaling network Immutable zkEVM. Decrypt contributor Ryan Gladwin played through the prologue and tested out the recent Alpha 3 online experience to get a sense of the NFT-infused mash-up of Titanfall and Destiny.…
Crypto asset investment in Latvia declines by 50% over past year, per central bank
The number of people buying crypto assets in Latvia is declining, Latvijas Banka said in its 2023 “Financial Stability Report.” The central bank attributed the falling interest in crypto to negative sentiment linked to fraud and insolvency among major market participants, “unwise” investments that have already been made, crypto’s links to money laundering and “the increasing link of crypto-asset companies…
Price analysis 8/4: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
Bitcoin continues to range-trade and altcoin traders are starting to view BTC’s price consolidation as a positive sign for the rest of the crypto market. Source: https://cointelegraph.com/news/price-analysis-8-4-btc-eth-bnb-xrp-doge-ada-sol-matic-ltc-dot
US lawmakers urge White House to address North Korea’s use of digital assets: Report
Three members of the United States Senate have reportedly sent a letter to the White House and Treasury Department in an effort to crack down on North Korea using cryptocurrency to fund its nuclear program and evade sanctions. According to an Aug. 4 report in the Wall Street Journal, Senators Elizabeth Warren, Tim Kaine and Chris Van Hollen requested the…
Can Live Music NFTs Revive ‘Cassette Culture’ and Boost Indie Bands?
Crypto advocates see NFTs as a way to revitalize music ownership in the streaming era, and startup Vault is taking a particularly unique approach: using limited edition live concert recordings to revive the classic concept of “cassette culture,” and potentially benefit indie artists in the process. Beginning this week, Vault’s “Cassette Culture 3.0” initiative is offering weekly drops of live…
Worldcoin’s Orb had serious security vulnerability in operator onboarding: CertiK
The controversial Worldcoin project had a serious security vulnerability, CertiK has disclosed on X (formerly known as Twitter). Worldcoin pays people to become part of its World ID ecosystem by submitting scans of their irises through a device Worldcoin calls an Orb. According to security platform CertiK, the vulnerability in the vetting process for operators could have allowed an attacker…
Korean superconductor LK99 joins memecoin craze
Last month, a team of South Korean scientists claimed they engineered a superconducting material, dubbed LK-99, that works under ambient temperature and pressure. In layman’s terms, the team allegedly created a material allowing electrical currents to flow without resistance or energy loss. Previously, such types of materials were only thought to have functioned at absolute zero temperatures. First claimed successful…
Coinbase Wants SEC Lawsuit Thrown Out, Says Gensler Overstepped His Authority
Coinbase has asked a judge to scrap the U.S. Securities and Exchange Commission lawsuit against the cryptocurrency exchange. The San Francisco-based exchange said in a federal filing Friday that the SEC’s “claims must be dismissed” because “the subject matter falls outside the agency’s delegated authority.” The SEC in June hit America’s biggest digital asset exchange with a lawsuit, alleging that…