Decentralized Twitter rival Bluesky announced Tuesday that it has finally opened its app to the general public, after nearly a year of invite-only beta testing. The platform, a Twitter-like social feed for sharing text and media posts with followers, is built upon a decentralized protocol that is effectively uncensorable and does not collect user data. The underlying AT Protocol also…
Month: February 2024
Bitcoin Halving Nears and BTC Miner CleanSpark Is Preparing for Lower Fees
CleanSpark Inc., a Nasdaq-listed Bitcoin mining company, announced yesterday that it signed agreements to purchase three Bitcoin mining facilities in Mississippi for $19.8 million in cash. The purchases are expected to expand CleanSpark’s mining capacity by 2.4 exahashes per second (EH/s) once fully integrated. An exahash (abbreviated EH/s) is a measure of a Bitcoin mining machine’s processing power. One exahash…
Robinhood Adds MetaMask for Easier Ethereum Buys
Trading platform Robinhood has integrated crypto wallet MetaMask into its product to allow customers to snap up digital assets with less hassle. In a Tuesday announcement, Ethereum software company Consensys, which created MetaMask, said that American customers will be able to buy digital coins and tokens via Robinhood’s low cost order engine. (Disclosure: ConsenSys also incubated Decrypt and is one…
Farcaster Explained: The Blockchain-Powered Decentralized Social Media Protocol
Farcaster is a decentralized social media protocol built with a focus on interoperability, user autonomy, and privacy. Leveraging blockchain technology, it aims to solve the prevalent issues of censorship, privacy breaches, and centralization that plague traditional social media platforms. But what sets Farcaster apart in the crowded space of decentralized applications (dapps)? Technical underpinnings Blockchain Basis: At its core, Farcaster…
Solana Price Rebounds as Network Restarts After Outage
Solana’s price rebounded late Tuesday morning after the network recovered from an outage which had, hours prior, triggered a dip in the cryptocurrency’s price. SOL is currently up to $95.90, an almost full recovery to the position of $96.02 that the token held at 5:00 am EST this morning, prior to the network’s failure. Around 5:22 am EST, Solana developers…
Archaeologists Tap AI to Decipher Ancient Scrolls Nearly Lost to Volcano
A deadly eruption of the famed Mount Vesuvius 2,000 years ago destroyed countless ancient artifacts. But more than 1,800 papyrus scrolls survived the inferno, discovered in the 18th century in the village of Herculaneum—situated in what is Campania, Italy today. Archaeologists believe the scrolls contain stories and information long thought lost forever, and scientists have been trying to find a…
SOL Dips 4% Following Solana Network Outage
The price of SOL has dipped by more than 3% following a “major outage” on the Solana network. According to CoinGecko data, the Solana price dropped as low as $93.36 before recovering to its current level of $93.70, down 4.1% on the day and more than 11% on the week. The Solana network’s status page shows a “major outage” on…
Archaeologists Tap AI to Decipher Ancient Scrolls Nearly Lost to A Volcano
The 2,000-year-old documents were burnt, brittle, and could not be unrolled. But scientists were finally able to read some of it. Source: https://decrypt.co/215975/archaeologists-tap-ai-to-decipher-ancient-scrolls-nearly-lost-to-mount-vesuvius
Real-time AI Chat Translation Comes to Roblox
Artificial intelligence has been tapped to help Robox users understand each other better, the online game playing and building platform said on Monday. “Imagine discovering that your new Roblox friend, a person you’ve been chatting and joking with… is actually in Korea and has been typing in Korean the entire time, while you’ve been typing in English, without either of…
South Korea Arrests Haru Invest Executives Over Alleged $826M Embezzlement
Three executives of crypto yield platform Haru Invest have been arrested in South Korea. According to local publication Yonhap News, the trio, which includes the company’s CEO, have been charged by the Seoul Southern District Prosecutors’ Office’s Joint Investigation Team of Virtual Asset Crimes with allegedly stealing 1.1 trillion won ($826 million) in crypto from 16,000 customers. Prosecutors allege that…