George Town, Cayman Islands, December 13, 2024, Chainwire Sonic Labs today announced the launch of Sonic Mainnet, an EVM-compatible layer 1 blockchain platform that provides attractive incentives and robust infrastructure for developers. With 10,000 transactions per second (TPS), sub-second finality, and a native decentralized gateway to Ethereum, Sonic empowers developers to build next-generation applications with unparalleled infrastructure and liquidity. Developed by the same team as Fantom, Sonic and its S token represent significant advancements from both Fantom and FTM. The one-to-one upgrade process from FTM to S allows existing FTM holders to seamlessly start using Sonic. Sonic has positioned itself…
Author: Crypto Flexs
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Binance, the world’s largest cryptocurrency exchange by trading volume, announced the delisting of three altcoin spot trading pairs. This measure, scheduled to take effect at 03:00 UTC on December 25, reflects Binance’s attempt to improve market quality. What Binance Users Need to Do Binance occasionally reviews the performance of listed trading pairs and analyzes various factors to determine listing and delisting actions. We evaluate factors such as the team’s commitment to the project, the level and quality of development activities, and network and smart contract stability. Based on the above criteria, the exchange will remove tokens and trading pairs that…
Rebecca Moen December 17, 2024 17:14 Learn how NVIDIA’s TensorRT-LLM uses advanced speculative decoding techniques to improve Llama 3.3 70B model inference throughput by up to 3x. Meta’s latest addition to the Llama collection, the Llama 3.3 70B model, features significant performance improvements thanks to NVIDIA’s TensorRT-LLM. According to NVIDIA, the goal of this collaboration is to optimize the inference throughput of large language models (LLMs), increasing it by up to three times. Advanced optimization with TensorRT-LLM NVIDIA TensorRT-LLM uses several innovative technologies to maximize the performance of Llama 3.3 70B. Key optimizations include…
Dubai, United Arab Emirates, December 18, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce the launch of its Personal Wealth Management (PWM) service to meet the unique needs of high-net-worth individuals and institutional clients. This tailored service reflects Bybit’s commitment to providing premium financial solutions that empower customers in an increasingly complex market environment as the importance of digital assets surges. As global markets become more complex, demand for premium asset management services is increasing, especially in areas such as risk management and asset allocation. Additionally, digital assets have emerged as one of…
Tony Kim December 18, 2024 09:24 Character.AI reported a brief incident where user data was exposed to others for 10 minutes. The company has put additional safeguards in place to prevent this from happening in the future. Character.AI recently resolved a data privacy incident where certain user information was accidentally exposed to other users for a brief 10-minute period. According to the Character.AI blog, the company emphasized its commitment to user trust, safety, and privacy. details of the case This incident occurred while updating the recommended character list on the Character.AI homepage, which inadvertently…
BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT became the most successful ETF launch in a decade, following $418.8 million in net outflows registered on December 16.Nate Geraci, CEO of ETF Store, said: highlighted IBIT beat about 2,850 ETFs. He added:“In other words, IBIT has more lifetime inflows than any ETF launched since 2014. It did this in just 11 months.”According to research by Farside Investors, IBIT has accumulated $36.3 billion in net inflows since launch, surpassing the $36.2 billion inflows of U.S.-traded spot Bitcoin ETFs. data.This amount is almost three times higher than the $12.4 billion in inflows received…
AI agent tokens are likely to gain public attention in 2025. The rapid increase and growth in active addresses demonstrated the aspirations of market players. Bitcoin (BTC) hit a high of just over $108,000 on Tuesday, December 17th. Altcoin market prices have not moved with BTC in the past six days. While Bitcoin has been on the rise, they have only moved sideways, slowly breaking past previous resistance around $104,000. Source: CoinMarketCap The AI sector is slightly ahead of most of the rest of the altcoin market, with gains of close to 110%. AI-related tokens also performed well. Goatseus Maximus…
Peter Jang December 18, 2024 09:40 NVIDIA NeMo-Aligner improves the performance and efficiency of neural models by introducing a data-efficient approach to knowledge distillation for supervised fine-tuning. NVIDIA’s NeMo-Aligner has unveiled a new methodology to improve supervised fine-tuning (SFT) through data-efficient knowledge distillation. According to NVIDIA, this innovative approach allows knowledge to be transferred from a larger teacher model to a smaller student model, achieving similar accuracy while reducing data requirements. Advances in Knowledge Distillation Knowledge distillation is a technique that has been widely used in pre-training scenarios but is less explored in the…
Cryptocurrency index fund manager Bitwise has launched the Solana Staking Exchange Traded Product (ETP) in Europe with the stock ticker BSOL, pending US registration approval for the Solana Exchange Traded Fund (ETF) product. It is known. According to a Blockworks report, on December 17, Bitwise launched its Solana (SOL)-based cryptocurrency staking ETP in Europe in collaboration with its management automation tool Marinade. Bitwise did not respond to Cointelegraph’s request for more details on the partnership by the time of publication.The new ETP offers stakers an Annual Percentage Yield (APY) of 6.48%, which outperforms European competitors such as 21Shares, which offers…
Ted Hisokawa December 18, 2024 06:58 The Hong Kong Monetary Authority announced the results of the People’s Bank of China’s six-month maturity RMB note bidding held on December 18, 2024. The Hong Kong Monetary Authority (HKMA) recently announced the results of bidding for six-month maturity Yuan banknotes issued by the People’s Bank of China (PBoC) through a press release. The tender, held on December 18, 2024, was successful, reflecting continued demand and confidence in Yuan-denominated financial products. Bidding Details The bid included six-month yuan notes, part of a broader strategy to promote the use…