Louisa Crawford November 26, 2024 18:33 AMD has launched the Alveo V80 accelerator, designed to handle memory-bound workloads in HPC and AI, delivering significant improvements in memory bandwidth, logic density, and network throughput. AMD announced the launch of the Alveo V80 compute accelerator, its latest innovation aimed at optimizing memory-bound computing workloads in high-performance computing (HPC) and artificial intelligence (AI) applications. According to AMD, these new products from AMD are tailored to meet the growing demands of large data set workloads, delivering significant performance and scalability improvements. Enhanced capabilities for data-intensive workloads The Alveo…
Author: Crypto Flexs
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Crypto fund issuer Valor has launched its first exchange-traded product (ETP) for popular memecoin Dogecoin (DOGE), according to a November 26 announcement from Valour’s parent company, DeFi Technologies.The ETP will be traded on Sweden’s Spotlight Stock Market, giving retail and institutional investors exposure to the world’s largest memecoin by market capitalization in a regulated fund wrapper, Valor said.The asset manager launched the Valor DOGE ETP. “(i) Considering the results of the recent (US) presidential election and the resulting surge in demand for Dogecoin (…) strengthened by influential figures such as Elon Musk,” said Johanna Belitz, Head of Nordics at Valour.…
Timothy Morano November 26, 2024 19:10 Bitcoin approaches $100,000 as long-term holders distribute 507,000 BTC. A surge in price action sets a new ATH for daily realized profits. According to Glassnode, Bitcoin is on the verge of hitting $100,000 after breaking a series of all-time highs. This price surge led long-term holders (LTHs) to significantly increase their circulation, taking advantage of the lucrative market conditions. Intense long-term holder distribution During the rally, LTH distributed 507,000 BTC, resulting in significant asset turnover. This volume is less than the 934,000 BTC offloaded during the March 2024…
Los Angeles, CA, November 26, 2024, Chainwire Connecting Web2 and Web3: Haliey Welch and overHere unite cryptocurrency and meme culture Haliey Welch, known worldwide as the person behind the viral “Hawk Tuah” meme, announced today on an episode of Talk Tuah with X (formerly Twitter) and Mark Cuban that she will have an official meme coin, $HAWK. In partnership with pioneering Web3 launchpad and platform overHere (X: @overHere_gg), this groundbreaking initiative is poised to redefine meme coins and usher in a new dimension of consumer cryptocurrency. overHere x $HAWK whitelist Interested fans can claim free $HAWK tokens by whitelisting on…
Solana reaches DEX volume milestone. Overtakes Ethereum and BSC. Memecoin drives network traffic. Decentralized finance (DeF) has seen significant growth over the past few years. This year, Solana has significantly increased its dominance. Thanks to its influence in the memecoin market, Solana has slowly overtaken other networks in this metric. According to the latest data, Solana has reached an important milestone. For the first time in a decentralized exchange, network size surpassed $100 billion. Solana’s DEX traffic now exceeds that of all Ethereum and L2 combined. Solana Breaks Record with DEX Trading Volume of $115 BillionMemecoin is once again putting…
Peter Jang November 26, 2024 19:49 Filecoin (FIL) was recognized by Fast Company as a key player in emerging technologies, highlighting its impact on innovations such as decentralized AI and the NV24 upgrade. Filecoin (FIL) was named a winner on Fast Company’s prestigious list of the next big disruptors in technology. This recognition marks an important milestone for the Filecoin community, highlighting the network’s pivotal role in advancing decentralized artificial intelligence. Technology advancements and upgrades The Filecoin network is undergoing significant upgrades to improve security, stability, and developer functionality. The NV24 upgrade introduces important…
Economist Alex Krüger thinks Bitcoin (BTC), memecoins and other altcoins are poised to surge in the coming months. Krüger explains his predictions for the cryptocurrency market to his 190,500 followers on social media platform X. “Step 1. Bitcoin runs. Step 2. Memecoin joins. Step 3. Altcoins are joining.First large flush (approx.) $110,000-$120,000? Step 4. The mania continues.Until Christmas/Inauguration Day. Step 5. Gather. It’s not bipolar disorder.From the end of February to the end of March. Step 6. Correction and pain. Step 7. Gather. Much less manic. Something like this would make sense.” Krüger pointed out that the cryptocurrency bull market…
Cryptocurrency investments may have enabled low-income Americans to purchase homes at a higher rate than the rest of the population, according to a paper published Tuesday by the U.S. Treasury’s Office of Financial Research.A study conducted by the Treasury Department’s independent arm that monitors U.S. economic risks found that the rise in cryptocurrency investment in recent years has led to significant increases in debt (particularly mortgages) in regions with the highest digital asset activity. They were looking for evidence that these financial pressures could pose a risk to America’s stability, but so far researchers have found that delinquency rates in…
The Wormhole Worldcoin World ID State Root Bridge protocol makes it possible to bridge the Worldcoin World ID state root from Ethereum to Solana. Worldcoin World ID utilizes: semaphoreThere is a single set containing the public key (or identity promise) for each verified user. Promises for this set are replicated to another blockchain, in this case Solana, where the new Merkle root is stored, allowing verified users to prove their identity. Wormhole partnered with Ackee Blockchain Security to conduct a security review of the Wormhole Worldcoin World ID State Root Bridge protocol over a total of 11 engineering days from…
Rebecca Moen November 26, 2024 20:10 Ethereum is currently accepting applications for the Next Billion Fellowship Cohort 5, a program designed to leverage blockchain technology to solve real-world problems. Ethereum announced the opening of applications for the fifth cohort of its Next Billion Fellowship program. According to the Ethereum blog, the initiative, which aims to highlight and support projects that leverage Ethereum’s blockchain technology to solve social problems, is now seeking new applicants. Understanding the Next Billion Fellowship The Next Billion Fellowship program is designed to highlight compelling stories that demonstrate the impact Ethereum…