James Ding 17 Sep 2024 16:33 Harry Grieves and Ben Fielding discuss the importance of building Gensyn, a distributed machine learning computing protocol, and what it means for the future of technology. Harry Grieve and Ben Fielding, two of Gensyn’s key figures, recently shared insights into their groundbreaking project in a talk hosted by a16z crypto. Gensyn is a decentralized machine learning computing protocol designed to facilitate AI model training on any computing device in the world. The importance of decentralization According to a16z crypto, Greaves and Fielding highlighted the important role of permissionless,…
Author: Crypto Flexs
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This article is also available in Spanish. The price of XRP has experienced a notable surge in recent days against the backdrop of the broader cryptocurrency industry. As of this writing, many cryptocurrencies have begun to reverse their seven-day uptrends as Bitcoin failed to break $60,000 on Monday. However, XRP has continued to hold firm, posting a gain of 2.23% in the last 24 hours. This positive price action has been gaining traction within the cryptocurrency community. Significant potential breakthrough. Analysts Name $0.75 as Key Target EGRAG CRYPTO’s highlight XRP’s $0.75 price mark is based on the XRP/USD price chart…
Bitcoin (BTC) price rose 6.4% in less than 12 hours on September 17, breaking $61,000 for the first time in three weeks. However, despite this price gain, sentiment in the derivatives markets appears to have not improved, and Bitcoin bulls are concerned. Is Bitcoin more likely to hold $60,000, or is it more likely to fall back to the $58,000 range?Investors react to stronger-than-expected macroeconomic data.Bitcoin’s price action was similar to the S&P 500, which hit a record high after macroeconomic data raised the possibility of a 0.50% rate cut by the U.S. Federal Reserve on September 18. U.S. retail…
Wintermute, an algorithmic cryptocurrency trader and liquidity provider, is launching the OutcomeMarket US Presidential Election Prediction Market, powered by Chaos Labs’ Edge Proofs Oracle. HARRIS and TRUMP tokens will be available on multiple blockchains starting the fourth week of September.Permissionless smart contracts developed by Wintermute allow prediction markets to be accessible on Ethereum, Base, and Arbitrum, without requiring users of those chains to wire assets to participate.Flexible and stable prediction marketThe tokens are tradable on any centralized or decentralized platform and can be used in DeFi applications. Bebop, WOO and Backpack will be the first cryptocurrency exchanges to list HARRIS…
Coinbase’s Layer 2 solution continues to lead the scale race, breaking a record on Saturday with over 4.5 million transactions. This milestone solidifies Base’s status as a leading Layer 2, and demonstrates its growing popularity and robust ecosystem.The transaction surge represents a significant leap forward from Base’s already impressive performance, highlighting its rapid adoption and scalability. This growth trajectory places Base well ahead of other Layer 2 solutions and demonstrates Coinbase’s successful strategy in a competitive scaling environment.Coinbase recently launched cbBTC, packaged Bitcoin Bitcoin +3.30% Alternatively, it is possible on both Ethereum and the base network, which keeps activity on…
Alvin Lang 17 Sep 2024 17:05 NVIDIA introduces an observable AI agent framework that uses the OODA loop strategy to optimize management of complex GPU clusters in the data center. Managing large, complex GPU clusters in a data center is a massive undertaking, requiring careful oversight of cooling, power, networking, and more. According to the NVIDIA Technical Blog, NVIDIA has developed an observable AI agent framework that leverages the OODA loop strategy to address this complexity. AI-based observation framework The NVIDIA DGX Cloud team, which manages the global GPU fleet across major cloud service…
A team of three developers proposes a solution to the growing network spam. Stabilizing the minimum deposit will allow the author to cancel the ongoing offer. The price of Terra Luna Classic continued to fluctuate with the consolidation deal. The Terra Luna Classic (LUNC) blockchain is moving towards a major improvement in its governance. Left in the hands of the community since Terra’s system crashed in May 2022, the Terra Classic chain has relied on the random efforts of community developers to bring life back to the battle-scarred chain.Developers, obtain KYC before starting workThe call for transparency doesn’t end there,…
BioMatrix, BioMatrix App Users Surpass 1 Million – Chainwire housenewsroomBioMatrix, BioMatrix App Users Surpass 1 Million We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the Subscriber or User to use specific services expressly requested by the Subscriber or User, or for the sole purpose of transmitting communications via electronic communications networks. Technical storage or access is necessary for…
The Bitcoin (BTC) price has recovered quickly over the past 12 hours, reclaiming the $61,000 level after the S&P 500 hit a new all-time high. The market is currently bracing for volatility ahead of the Federal Open Market Committee (FOMC) meeting and interest rate cut announcement, which is expected to impact both the U.S. stock market and the cryptocurrency industry.relevant: Markets Confirm 0.5% Fed Rate Cut. 5 Things to Know About Bitcoin This WeekThere is currently a growing correlation between Bitcoin and major U.S. stocks, which provides some insight into what to expect given historical performance following previous rate cuts.…
The U.S. Securities and Exchange Commission has reached a settlement with audit firm Prager Metis. Prager Metis will pay $1.95 million to resolve two allegations of misconduct in the audit of the shuttered cryptocurrency exchange FTX.The securities regulator accused Prager of “falsely misrepresenting” FTX’s financial condition between February 2021 and April 2022 and submitting two questionable audit reports that failed to meet generally accepted auditing standards.FTX, once one of the world’s largest cryptocurrency exchanges, shut down after a surge in customer withdrawals due to a lack of trust in the exchange, with reports that most of the assets were illiquid…