Indian cryptocurrency exchange Wazirx has answered important questions from its users following the recent cyberattack. The platform has explained the socialized loss strategy and the options available for users to recover their assets. Users have also asked about asset valuation and token conversion to USDT. Wazirx answers key questions following the cyberattack On Saturday, Indian cryptocurrency exchange Wazirx (…)
Author: Crypto Flexs
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Interest in the Monad ecosystem is soaring as three Monad-based projects announced venture capital funding in quick succession on Thursday.One notable example is Monad liquid staking platform aPriori, which reached a token valuation of at least $100 million with $8 million in seed funding, as I exclusively reported at the time. It’s quite remarkable that the Monad blockchain has even launched and reached a nine-figure valuation. Two other projects, Monad liquid staking protocol Kintsu and Monad-based on-chain order book exchange Kuru, raised $4 million and $2 million, respectively.All three projects have attracted big-name investors. Brevan Howard Digital, the crypto arm…
Alvin Lang July 28, 2024 12:13 IBM Research is pioneering a range of tools to explain black-box models and visualize the flow of information in neural networks, increasing trust in AI systems. IBM Research is making significant progress in the area of explainable artificial intelligence (AI), focusing on developing a variety of explainable tools and visualizations of neural network information flow. According to IBM Research, these innovations aim to enhance trust and transparency in AI systems. Strengthening AI trust through explanations Explanations are important for building trust in AI systems. IBM Research is building…
The Cardano network is preparing for a hard fork with the latest node validation software release. The hard fork is part of the transition to the Voltaire era of decentralized network governance.The latest version of the validator node, Node 9.1.0, is an upgrade to Node 9.0, which was released on July 8. In addition to fixing some bugs, the new node must use the Conway Genesis file on the mainnet, which enables a crossover to the Chang hard fork. The hard fork can be implemented when 70% of the validators upgrade to the new node.Cardano Node 9.1.0 Documentation. Source: GitHub…
Jorg Hiller July 28, 2024 12:34 AMD Introduces Amuse 2.0 Beta, Featuring AMD XDNA™ Super Resolution to Enhance AI Image Creation on Ryzen™ AI and Radeon™ RX 7000 Series AMD has announced the beta release of Amuse 2.0, a new AI image generation tool designed to deliver a seamless and fully local AI experience. According to AMD.com, the release features innovative AMD XDNA™ Super Resolution technology, promising to improve the output size and speed of AI-generated images. Improved AI image generation AI image generation has become an important use case for generative AI, and…
Although proof-of-work (PoW) cryptocurrencies are becoming rare these days, Dogecoin (DOGE) is still proving to be a very attractive mining option.Dogecoin mining is considered to be much faster and more accessible than Bitcoin (BTC), and with the enthusiastic support of people like Elon Musk, it seems unlikely that this iconic ‘meme coin’ will go away any time soon.If you follow Dogecoin and truly believe that it can thrive, you may want to consider taking the next step and investing in mining, but how do you become a Dogecoin miner in the first place? What is Dogecoin?Dogecoin was created as a…
Semilore Faleti is a crypto writer specializing in journalism and content creation. He started out writing on a variety of topics, but Semilore soon discovered a knack for tackling the complexities and nuances of the fascinating world of blockchain and cryptocurrencies. Semilore is attracted to the efficiency of digital assets in terms of storing and transferring value. He strongly supports the adoption of cryptocurrencies, believing that they can improve the digitalization and transparency of the existing financial system. Semilore has been actively writing about cryptocurrencies for the past two years, covering many aspects of the digital asset space including blockchain,…
Bitcoin is expected to close sharply for the week on July 28 after the market ignored cryptocurrency pledges from U.S. presidential candidates.BTC/USD 1-hour chart. Source: TradingViewBTC Price Ignores Trump’s Crypto Policy PlansBitcoin (BTC) price appears to be stabilizing after sharp volatility around the Bitcoin 2024 conference, according to data from Cointelegraph Markets Pro and TradingView.Expectations were high that the price would surge long before the event began. Both presidential candidates, Donald Trump and Robert F. Kennedy Jr., had announced plans to build strategic Bitcoin reserves of at least 200,000 BTC. But the impact was minimal.Charles Edwards, founder of quantitative Bitcoin…
Cryptocurrency security company Ledger has unveiled its latest hardware device, the Ledger Flex, on stage. Bitcoin Bitcoin -0.63% The conference will be held in Nashville, Tennessee in 2024. Like the France-based company’s previously released Ledger Stax wallet, the new device uses Ledger’s trademarked E-Ink touchscreen display technology to make the device easier to use without compromising security. “After a decade of setting the standard for security and self-custody of cryptocurrencies and digital assets, we are proud to say that we are raising the bar once again,” said Pascal Gauthier, Ledger Chairman and CEO.So-called “cold storage” wallets have little to no…
A widely known cryptocurrency analyst says Bitcoin (BTC) is likely to see further gains after bouncing off a key support zone. Cryptocurrency trader Rekt Capital told his 483,300 followers on social media platform X in a new strategy session that the crypto giant could hit $71,000 over the Labor Day weekend. “Bitcoin successfully broke to $65,000 and bounced back. Now let’s see if Bitcoin can rally to $71,500. Bitcoin could rally all weekend long.” Source: Rekt Capital/X According to the trader, BTC is expected to remain in the price range between $65,000 and $71,000 in the short term as it…