Forj, an NFT creators platform owned by Animoca Brands, announced on Tuesday the launch of the Ape Accelerator, a community-led accelerator and launchpad funded by the ApeCoin DAO. According to an announcement shared exclusively in advance with Decrypt, following the successful approval of an ApeCoin community proposal (AIP-209), Forj was bestowed with the task of building the accelerator. “We chose…
Blockchain sleuths have zeroed in on a recent transaction from a wallet associated with Ethereum co-founder Vitalik Buterin, where he transferred $14.9 million worth of USD Coin (USDC) to the cryptocurrency exchange Gemini. According to an Oct. 17 post from blockchain analytics firm PeckShield on X, Buterin’s wallet “Vitalik.eth” transferred $14.93 million to Gemini on Oct. 16. The transaction was…
Nonfungible token (NFT) artist Ryder Ripps’ most recent attempt to dismiss the Bored Ape Yacht Club-related lawsuit against him appears to have fallen on skeptical ears. In an Oct. 17 hearing, three judges from the United States Court of Appeals for the Ninth District appeared largely unpersuaded by the arguments from the attorney representing Ripps and Jeremy Cahen (known by…
Developer and programmer platform Stack Overflow is cutting the company’s headcount by approximately 28% amid a rise in the popularity of artificial intelligence (AI) chatbots. On Oct. 16, Stack Overflow CEO, Prashanth Chandrasekar, made the announcement citing the challenges of macroeconomic pressures impacting the entire tech industry. The firm is on a “path to profitability” and “continued product innovation,” said…
Customers of bankrupt crypto exchange FTX and FTX US could see over 90% of assets returned to them by the end of the second quarter of 2024 after a proposed settlement was reached between FTX creditors and debtors. On Oct. 17, FTX debtors said they reached a “major milestone” in their Chapter 11 case after “extensive discussions” with the unsecured…
A Pennsylvania House Representative has cut a two-year crypto mining ban from their bill to regulate the sector’s energy consumption claiming trade labor unions pressured the change. On Oct. 16, the Pennsylvania House Environmental Resources and Energy Committee passed the Cryptocurrency Energy Conservation Act by a slim margin — 13 for and 12 against — after no movement on the…
Renowned for its technological prowess, Nvidia has arrived at the crossroads of innovation and entrenched interests. As the computer chip maker moves solidly into artificial intelligence, releasing a new application that could redefine 3D modeling, it concurrently faces geopolitical hurdles that threaten its dominance in hardware. Nvidia joined forces with 3D software publisher Masterpiece Studio to release Masterpiece X, aiming…
Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization. The proposal to sunset Lido on Solana was first put forward by Lido’s peer-to-peer team on Sept. 5, citing unsustainable financials and low fees generated by Lido on Solana. Voting commenced on Sept. 29…
What would Gailleo do? A group of scientists and astronomers have successfully used artificial intelligence and machine learning to identify and classify a supernova as it happened. It was a test of the Bright Transient Survey (BTS) bot project, part of a broader program that observes and classifies supernovae exceeding a specific brightness level. The team behind BTSbot said it…
Bitcoin wakes up to near $28,000 ahead of a jump to a new BTC mining difficulty record as billionaire investor Ray Dalio conjures the chilling thought of “World… Source: https://cointelegraph.com/app/public/index.php/news/btc-mining-difficulty-5-things-bitcoin-this-week
