Posted 5 minutes ago In ~ Cryptocurrency’s most valuable companies are getting bigger. Tether, the company issuing the USDT stablecoin, increased its share of global stablecoin supply from 50% to 71% during 2023, according to data from The Block. Moreover, the company recently surpassed 95 billion stablecoins in circulation, which is larger than the GDP of countries such as Guatemala and Bulgaria. Currently, its biggest competitor, Circle’s USD Coin (USDC), only has 27 billion tokens in circulation, after having issued over 48 billion tokens starting in 2023. Tether recently faced a change in leadership, with longtime CTO Paolo Ardoino taking…
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Tron has achieved a new milestone as a blockchain. TRX has posted surprising gains recently and could continue its rally. Tron (TRX) has been trading within a range since mid-November, but has forced a major breakout over the past two days. Prices were still within the higher period resistance zone, but buyers are much stronger now. Despite strong selling pressure from Bitcoin (BTC) and the rest of the cryptocurrency market, TRX has shown strong gains over the past three days. The blockchain also reached a new milestone after the total number of accounts surpassed 206 million. The range breakout was…
In a recent report, blockchain security platform Scam Sniffer revealed a new wave of sophisticated phishing attacks taking place in the Solana ecosystem. According to the report, these Solana wallet leakers stole more than $4 million in user assets from 4,000 victims over the past 30 days. Scam sniffer raises alerts about new Solana phishing scam Scam Sniffer shared information about a new, sophisticated attack targeting Solana wallets in an X post on January 13th. The “Web3 Anti-Scam Platform” stated that phishing attacks against the Solana network often focus on exploiting vulnerabilities in direct asset transfers and transaction stimulation. They…
Cryptocurrencies have taken the financial world by storm in recent years, with Bitcoin leading the way as the most well-known digital currency. However, a new cryptocurrency called CrackCoin has emerged as a major player in the industry, and its rise has been absolutely insane. What is CrackCoin? CrackCoin is a decentralized digital currency that uses blockchain technology to facilitate secure and anonymous transactions. It was created with the goal of providing a fast, secure and private payment method that anyone can use, anywhere in the world. CrackCoin’s crazy rise CrackCoin has grown rapidly in popularity and value since its launch.…
The exponential growth of large language models (LLMs), such as OpenAI’s ChatGPT, represents a significant advance in AI, but raises serious concerns about widespread resource consumption. This problem is especially acute in resource-constrained environments, such as academic labs or small technology companies that struggle to match the computing resources of large enterprises. A recent research paper titled “Beyond Efficiency: A Systematic Survey of Resource-Efficient Large Language Models” presents a detailed analysis of the challenges and developments in the field of large language models (LLMs) with a focus on resource efficiency. the problem at hand LLMs like GPT-3, with their billions…
It’s always nice to hear about new grants being awarded. But what happens after the announcement? In this series, we’ll take a look at a few projects that are either well underway or have already reached the finish line. Read on to learn about our grantees’ recent milestones and achievements! tariff list for Ethereum India Fellowship 2.0 Devfolio’s Ethereum India Fellowship 2.0 has two tracks targeting different groups for rigorous eight-week training and mentorship with the goal of onboarding talented developers into the Ethereum ecosystem. Track 1 brought together 20 talented Web2 developers with little to no blockchain experience, including:…
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The U.S. Securities and Exchange Commission (SEC) recently faced a serious cybersecurity challenge when social media platform X (formerly Twitter) accounts were compromised. The incident, which occurred on January 9, 2024, raised serious questions about the robustness of cybersecurity practices at the SEC and across social media platforms. violation background The breach was confirmed when a false announcement regarding the SEC’s approval of a Bitcoin exchange-traded fund (ETF) was posted to the official SECGov These unauthorized posts briefly caused the price of Bitcoin to surge, reflecting the market’s sensitivity to such regulatory news. The SEC responded quickly to clarify the…
Ethereum pulled off an incredible coup, surpassing Bitcoin by 14% in just two weeks. The digital currency this week broke a major psychological barrier by surpassing $2,600 for the first time since May 2022. Driven by strong fundamentals and increasingly bullish sentiment, this decisive breach could pave the way for Ethereum to rise to the coveted $3,000 level. Ethereum Violates Serious Psychological Barriers The $2,600 level was not just a resistance point. This represents a significant psychological hurdle for Ethereum. A break above this level not only confirmed the ongoing upward trend, but also triggered a series of technical buy…
Eric Balchunas, senior ETF analyst at Bloomberg, predicts that asset manager Vanguard’s rigid stance on a physical Bitcoin exchange-traded fund (ETF) may be easing. Known for its conservatism, Vanguard has recently gained notoriety for keeping a significant distance from Bitcoin (BTC) and other digital currencies due to the volatility in the sector. But Balchunas suggests that the Valley Forge, Pa.-based company may be moving in the opposite direction as wealth expands and the need for diversified investments grows. Vanguard, which manages about $7.7 trillion worth of assets, is likely to reevaluate its positions on alternative assets, such as spot Bitcoin…