Nvidia’s $1.18 trillion market capitalization overtook the entire crypto market this week, as shares in Wall Street’s AI-darling climbed to an all-time high. The chipmaker’s stock hit $502 on Thursday after Nvidia reported $6.2 billion in net profit on $13.5 billion in total revenue for its second fiscal quarter—double compared to the same period a year ago—and surpassing analyst expectations.…
Month: August 2023
Donald Trump NFTs Up Bigly After Indicted Former Pres. Skips GOP Debate
The price of ex-President Donald Trump’s digital trading cards spiked following a Wednesday interview with conservative political commentator Tucker Carlson. Trump skipped the GOP debate last night, instead choosing to slag off his rivals on the former Fox News host’s Twitter channel. Data from the OpenSea marketplace shows it benefitted holders of his NFT trading cards: Trading volume is up…
Vessel Capital secures $55M to invest in Web3 infrastructure: Report
Venture capital firm Vessel Capital has announced a $55 million fund to invest in Web3 infrastructure and applications, TechCrunch reported. According to the founders, their goal is not to scale, but rather to assist crypto founders working on early-stage startups to launch and grow their projects. “Crypto has become more global, so it’s not the same circle and group you…
Bitcoin ‘overconfidence reigns’ but bulls must reclaim $27.8K — Trader
Bitcoin (BTC) needs to reclaim one key moving average to “regain its bullish status,” one popular analyst argues. In analysis issued to subscribers on Aug. 22, CryptoCon warned that bulls remained too optimistic over $26,000 BTC price support holding. 20-week EMA as BTC price line in the sand Bitcoin staged a modest recovery above $26,500 around its latest daily close,…
Meta launches community-licensed AI coding tool to the public
Meta AI announced the launch of ‘Code Llama,’ a community-licensed artificial intelligence (AI) coding tool built on the Llama2 large language model (LLM), on Aug. 24. The new tool is a fine-tuned version of LLama2 that’s been trained specifically for the purpose of generating and discussing computer code. According to a blog post from Meta, Code Llama is split into…
Apex Legends Voice Actor Ben Prendergast on the Future of Gaming
Apex Legends Voice Actor Ben Prendergast on the Future of Gaming Voice actor Ben Prendergast, who’s voiced characters in games like Apex Legends and God of War Ragnarok, shares his opinions on the tech space’s history of “bubbles” and whether blockchain gaming has a future. Source: https://decrypt.co/videos/interviews/X3RKdsaG/apex-legends-voice-actor-ben-prendergast-on-the-future-of-gaming
The future of BTC mining and the Bitcoin halving
On the latest episode of Cointelegraph’s Market Talks, host Ray Salmond spoke with Dan Rosen, associate director of derivatives at Luxor, a United States-based Bitcoin (BTC) mining pool, research hub and service provider. The show touched on a number of broad topics, including Rosen’s view on how the upcoming Bitcoin halving will impact BTC price, why Bitcoin’s volatility is set…
Base, Optimism unveil shared governance and revenue-sharing framework
Developers behind the Base and Optimism networks have jointly announced a revenue-sharing and governance-sharing agreement. Coinbase, the parent company of Base, has also published a list of “principles of neutrality” it will follow to prevent Base from becoming centralized. This announcement was made through three separate blog posts on Aug. 24; one from the jointly-controlled Optimism Collective, one from Base,…
AI Startup Hugging Face Hits $4.5 Billion Valuation After Google and Nvidia Backed Raise
In a significant endorsement of the surging interest in artificial intelligence (AI) and platforms that foster its growth, AI startup Hugging Face has raised a whopping $235 million in its Series D funding round. The news, initially brought to light by The Information and subsequently confirmed by Salesforce CEO Marc Benioff on Twitter, has the tech industry buzzing. With participation…
Known-plaintext attacks, explained
To safeguard against known-plaintext attacks, adopt strong encryption algorithms, manage encryption keys securely, use unique keys per session, and add randomness to encryption processes to enhance protection against attacks. Choose encryption algorithms that can withstand known-plaintext attacks by using strong encryption techniques. By preventing patterns in the plaintext from correlating with patterns in the ciphertext, modern cryptographic algorithms like the…