Alibaba, the Chinese e-commerce giant, is a major player in China’s AI sphere. Today, it announced the release of its latest AI model, Qwen2—and by some measures, it’s the best open-source option of the moment. Developed by Alibaba Cloud, Qwen2 is the next generation of the firm’s Tongyi Qianwen (Qwen) model series, which includes the Tongyi Qianwen LLM (also known…
Insiders, who spoke to Bloomberg, say a breakup of the company, a sale, or the decision to maintain its current structure are all on the table. Source: https://cointelegraph.com/news/new-york-stock-exchange-backed-bakkt-considers-sale-report
Ethereum co-founder Vitalik Buterin has expressed his dissatisfaction with the current wave of celebrity crypto projects, emphasizing their lack of meaningful societal contributions. He highlighted projects like Stoner Cats, which actually fund real initiatives, as more commendable. Buterin also detailed the criteria that celebrity crypto projects must meet to gain his respect. Vitalik Buterin Critiques […] Source: https://news.bitcoin.com/vitalik-buterin-criticizes-celebrity-crypto-projects-offers-blueprint-for-respectable-ventures/
Bill Hughes, Consensys’ senior counsel and director of global regulatory matters, spoke to Cointelegraph at Consensus 2024 in Texas on the status of its lawsuit against the SEC. Source: https://cointelegraph.com/news/sec-policy-ether-consensys-lawsuit
This week’s Crypto Biz explores ARK Invest’s partnership with 21Shares, Galaxy Digital’s tokenized loan for Animoca Brands, Avail’s fundraising, the Toposware acquisition, and Bitcoin miners’ first reports since the halving. Source: https://cointelegraph.com/news/crypto-biz-ark-drops-spot-ether-etf-miners-adapt-after-halving
The meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube livestream, dated June 7. Source: https://cointelegraph.com/news/gamestop-roaring-kitty-first-livestream-3-years-price-reacts
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Having trouble sending a Bitcoin transaction? That’s because the blockchain is absolutely bloated at the moment—although for a different reason than some might expect. According to…
Claims against Mirror Trading International (MTI) have reached over $84.5 million (ZAR1.6 billion), with more than 8,000 proven creditors as of the end of April. The MTI estate still holds around $33.7 million in its accounts. Legal action is underway in multiple countries to recover withdrawals made by those who profited from the scheme. MTI […] Source: https://news.bitcoin.com/claims-against-collapsed-south-african-bitcoin-investment-firm-rise-to-84-5-million/
The price of bitcoin fell on Friday afternoon after spending several days above the $70,000 mark. The value dropped to $68,450 on Bitstamp, currently down $1,700 from its intraday high. Bitcoin’s Sudden Drop Impacts Entire Crypto Economy Wipes Out $454M in Longs Bitcoin (BTC) plummeted to a low of $68,450 per unit after reaching the […] Source: https://news.bitcoin.com/bitcoin-dips-below-70k-reaches-68450-low-86m-in-btc-longs-liquidated/
The rise and fall of celebrity meme tokens: how these celebrity-backed tokens have dumped in the current bull market. Source: https://cointelegraph.com/news/ethereum-governance-downfall-celeb-tokens-finance-redefined
