Social media giant Meta has added its latest AI assistant to nearly all of its apps, co-founder and CEO Mark Zuckerberg announced Thursday.“We’re launching a new version of Meta AI, an assistant that you can ask any question across apps and glasses,” Zuckerberg said in a video posted to Instagram. “Our goal is to build the world’s best AI and make it available to everyone.”This news comes as Meta has released the core components of Llama 3 under an open source license, making it available for the public to use and review.After its Metaverse ambitions fell through in late 2022,…
Author: Crypto Flexs
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Injective and Web3 mobile company Jambo will collaborate to promote DeFi in Africa, Latin America, and Southeast Asia. Through this collaboration, we are working to make dApps easily accessible to millions of people through Jambophone. Injective and Web3 mobile infrastructure platform Jambo have announced a partnership that will see the two companies work together to deliver blockchain-based financial solutions to millions of users in emerging markets. This partnership will leverage JamboPhone, a Web3 Android 13 smartphone, to introduce Injective’s DeFi ecosystem to users across Africa, Latin America, and Southeast Asia. “Combining Injective’s robust infrastructure stack with Jambo’s mature Web3 mobile…
Coinbase is abandoning its Hudson Yards workspace and moving to new offices in New York, sources familiar with the matter told The Block. On Monday Commercial Observer reports As for the new lease deal involving the cryptocurrency exchange, the real estate trade publication reported that the exchange this month signed an 11-year lease for a 67,208-square-foot space at One Madison in Manhattan’s Flatiron district. A source told The Block that Coinbase will not maintain an office at the leased 55 Hudson Yards starting in 2021.Coinbase did not comment on why it moved to a new office that is roughly twice…
A widely respected cryptocurrency strategist is warning about the altcoin market as if projects like Chainlink (LINK) are correct. Pseudonymous analyst Altcoin Sherpa says Most altcoins could enter a months-long consolidation phase, said 214,900 followers on social media platform X. “It is very likely that the altcoin will be completed over the next 1-4 months. “There will certainly be outliers, but I think the majority need time to unwind and integrate after such a big accomplishment.” The analyst says Chainlink, a provider of decentralized oracle services for smart contracts, is an example of another alternative. According to analysts, LINK is…
As the much-anticipated Bitcoin halving event approaches on April 19, an interesting trend is emerging among miners. Unlike the pre-halving sell-offs seen before the halvings of 2016 and 2020, miners have been accumulating, going against the previous trend. Miners are accumulating Bitcoin One analyst cited CryptoQuant in a post on dataSince the beginning of 2024, the total BTC balance held by miners has increased by a whopping 12,100 BTC, reaching a total of 217,000 BTC. This behavior stands in stark contrast to what happened in 2016 and 2020 before the network cut miner rewards. Then, reading the data, we see…
Tanssi Foundation’s “Lets Forkin’ Dance” is an incentivized testnet campaign designed to strengthen the Tanssi ecosystem. The post Tanssi Launches Incentive Campaign for Dancebox Testnet appeared first on Crypto Briefing.
The company confidentially filed a revised Form S-1 with the U.S. Securities and Exchange Commission in late March after regulators sent a comment letter to the company, CEO Gene Hoffman said in a Manhattan-based filing from law firm Brown Rudnick. He spoke at the conference he hosted. However, the IPO schedule has not been finalized yet as the company is waiting for the right market conditions, he later told CoinDesk.
In the days leading up to the Bitcoin halving, cryptocurrency markets experienced significant declines, raising concerns of a potential bear market. While Bitcoin saw a notable price drop of 19%, altcoins saw much steeper declines, with some plummeting by as much as 70%. This trend has sparked debate among investors about the immediate future of cryptocurrencies as the halving approaches. Bitcoin and altcoins plunge before halving Historically, Bitcoin halvings (reduction in scheduled rewards for mining new blocks) have been a catalyst for optimistic market sentiment. This event effectively reduces the supply of new BTC, which theoretically should cause the price…
The leveraged spot Bitcoin exchange-traded fund (ETF) aims to multiply returns on Bitcoin’s daily performance. How does it work? Leveraged spot Bitcoin ETFs typically use financial derivatives, such as futures contracts, to multiply the daily returns of Bitcoin.For example, a 2x leveraged ETF seeks to provide returns that are twice the daily return of Bitcoin. If the price of Bitcoin rises 1% on a given day, the ETF targets a 2% rise. If the price of Bitcoin falls 1%, the ETF falls 2%.Leveraged vs. Unleveraged Spot Bitcoin ETFA leveraged spot Bitcoin ETF can amplify investors’ exposure to Bitcoin price fluctuations…
Huge amounts of USDT flowed from Tether to Ethereum exchanges. Network activity remained stable as ETH price fell. Ethereum (ETH) has witnessed tremendous price volatility over the past few days. However, Tether (USDT)’s recent actions may help improve sentiment towards ETH. USDT is in the mix. According to data from Lookonchain, in the past 18 hours, a significant amount of USDT, specifically $318 million worth of USDT, has moved from Tether’s treasury wallets to exchanges on the Ethereum network. These leaks significantly reduced Tether’s Ethereum holdings. At press time, their treasury holdings were only 124 million USDT. To meet potential…