Darius Baru 13 Aug 2024 11:12 NVIDIA Maxine’s AI-powered platform enhances video communications for businesses, educators, and content creators through partnership with VideoRequest. Effective video communication is becoming increasingly important across a wide range of sectors, including businesses, educators, and content creators. According to the NVIDIA Technology Blog, NVIDIA Maxine is leading the way, offering a suite of NVIDIA accelerated SDKs that enhance real-time audio and video experiences. Revolutionizing video production with AI VideoRequest, an NVIDIA Inception Program Partner, leverages the Maxine AI developer platform to provide advanced real-time video editing tools that allow…
Author: Crypto Flexs
Read More
The market rally in the altcoin sector, also known as altseason, could be delayed until 2025, depending on the key price levels of the world’s two largest cryptocurrencies.According to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom Fund, both Bitcoin (BTC) and Ether (ETH) need to reclaim key psychological levels for the altcoin sector to begin a bullish rally.Hayes wrote in a research note on August 12: “Alt szn will only come back after Bitcoin and Ether break $70,000 and $4,000 respectively. (…) A rally in Bitcoin and Ether by the end of the year, supported by…
One analyst claims that it could take months for Bitcoin (BTC) to bounce back and catch up with the price of gold.In an August 13 post, the founder of quantitative Bitcoin and digital asset fund Capriole Investments said that BTC price action still “looks promising.”According to a “rough rule of thumb,” Bitcoin lags goldBitcoin has been range-bound in recent months, disappointing on a macro level as other assets have surged.Before last week’s sell-off, both gold and U.S. stock indices were hitting record highs, but Bitcoin failed to keep up.Now Capriole’s Edwards says the wait may not be that long.Edwards uploaded…
Company • August 13, 2024 3:01 AM EDT Posted 1 minute earlier ~ in Bitcoin mining company BitDeere saw its shares fall 3.55% on the Nasdaq on Monday after reporting a net loss for the second quarter of this year.According to its latest earnings report, the Singapore-headquartered company reported a net loss of US$17.7 million in the second quarter of this year, compared to US$40.4 million in the same period last year..The miner’s total revenue increased to $99.2 million in the second quarter from $93.8 million in the same period last year. Gross profit increased 50.6% year over year to…
Helium is partnering with two U.S. carriers. Initial tests have yielded positive results. This move could decentralize network infrastructure. Large mobile network operators that control the infrastructure have long dominated the telecom industry. However, the shift to decentralization is accelerating thanks to new technologies such as the Helium decentralized infrastructure protocol running on the Solana network. Recently, Helium has partnered with two major U.S. carriers to test offloading mobile traffic to the Helium network, a move that, when fully implemented, will shift the network infrastructure to a more distributed model. Major US Telecoms to Leverage Helium’s Distributed InfrastructureThe new partnership…
Felix Pinkston 13 Aug 2024 07:49 NVIDIA’s NVLink and NVSwitch technologies enhance large-scale language model inference, enabling faster and more efficient multi-GPU processing. As large-scale language models (LLMs) rapidly scale, the computing power needed to handle inference requests increases. According to the NVIDIA Technology Blog, multi-GPU computing is essential to meet real-time latency requirements and serve a growing number of users. Benefits of Multi-GPU Computing Even if a large model fits into a single memory of a modern GPU, the speed at which tokens are generated depends on the total compute power available. Combining…
Uniswap Labs, the development company behind the Uniswap protocol, has surpassed $50 million in cumulative front-end fees.In October, the protocol introduced a 0.15% fee for user transactions on the web interface and wallet app. The accumulated fees were passed on to Uniswap Labs only, which was the company’s source of revenue. In mid-April, Uniswap Labs increased this fee from 0.15% to 0.25% on the interface.Cumulative fees have increased more than 13-fold so far this year, from $3.7 million on Jan. 1 to more than $50.6 million today.This comes as Uniswap remains the largest DEX by volume, accounting for roughly a…
One trader who has been steadily gaining followers with his altcoin calls believes that one of the Solana (SOL)-based mimecoins is set to see a massive rally. Pseudo-analyst Blunts told his 268,500 followers on social media platform X that dogwifhat (WIF) is about to break out of a falling wedge. This pattern is often considered a bullish reversal signal as it suggests weakening selling momentum. Bluntz says: “It’s hard when WIF starts. Even though it was up 80% in a week, I would have definitely continued buying it if I hadn’t already taken a position. “There is limited time left…
Alvin Lang Aug 13, 2024 05:52 Binance announced that it will convert delisted tokens to USDC by March 2025. Users will have until September 1, 2024 to withdraw the affected tokens. Major cryptocurrency exchange Binance has announced an important update regarding the conversion of some delisted tokens to USD Coin (USDC). According to Binance, the conversion will be based on users’ Binance wallet holdings as of September 2, 2024, 00:00 UTC. Conversion Details The conversion process will be executed using the average token-to-USDC exchange rate from September 2, 2024 to March 1, 2025. The…
Market • August 13, 2024 12:59 AM EDT Posted 1 minute earlier ~ in US Spot Ethereum Ethereum +4.75% Exchange-traded funds (ETFs) saw $4.9 million in inflows on Monday, while the Grayscale Ethereum Trust (ETHE) saw no inflows for the first time since it was converted to an ETF.According to data from SosoValue, net inflows into the nine Ethereum ETFs have reversed after three consecutive days of declines.In particular, Grayscale’s ETHE recorded zero flows after 14 days of outflows. VanEck’s ETHV was the only spot ether ETF to report net outflows of $2.92 million, the first time ETHV has reported…