Lawrence Jengar 19 Aug 2024 14:17 NVIDIA unveiled StormCast, a generative AI model that enhances mesoscale weather forecasting essential for disaster planning and climate research. As hurricanes, tornadoes, and other extreme weather events increase in frequency and severity, it is becoming increasingly important to use cutting-edge technologies to improve and accelerate climate research and forecasting. According to the NVIDIA Blog, amid the peak of the current Atlantic hurricane season, NVIDIA Research has announced StormCast, a groundbreaking generative AI model for high-fidelity atmospheric dynamics emulation. Advanced features of StormCast StormCast enables reliable weather forecasting at…
Author: Crypto Flexs
Read More
The history of Ethereum began more than a decade ago as a gleam in the eye of its creator, Vitalik Buterin, a gangly math genius frustrated by the limitations of Bitcoin who believed he could do something better with a blockchain. Instead of cryptocurrency being solely a monetary asset, Buterin envisioned extending blockchain technology to the point where it became a “global computer” — a platform that hosts decentralized applications, powered by smart contracts, with minimal need for human intervention or trust assumptions. Fast forward to today, and Ethereum is the second-largest crypto asset in the world, underpinning a trillion-dollar…
The history of Ethereum began more than a decade ago as a gleam in the eye of its creator, Vitalik Buterin, a gangly math genius frustrated by the limitations of Bitcoin who believed he could do something better with a blockchain. Instead of cryptocurrency being solely a monetary asset, Buterin envisioned extending blockchain technology to the point where it became a “global computer” — a platform that hosts decentralized applications, powered by smart contracts, with minimal need for human intervention or trust assumptions. Fast forward to today, and Ethereum is the second-largest crypto asset in the world, underpinning a trillion-dollar…
Silicon Valley hardware startup Fabric Cryptography has raised $33 million in a Series A funding round to develop a cryptographic processing unit called the Verifiable Processing Unit (VPU).The Series A funding round was co-led by Blockchain Capital and 1kx, with participation from Offchain Labs, Polygon, and Matter Labs. This round follows a $6 million seed round led by Metaplanet, with participation from Inflection, Liquid2 Ventures, and others.The funding will allow the team to build the compute chips, software, and cryptographic algorithms needed for the new VPU, which the team describes in a company press release as “a custom silicon chip…
Bitcoin (BTC) could find a breakout in September based on past chart patterns, with the next major price target being $86,000.Bitcoin price expected to break through in SeptemberRekt Capital, a prominent analyst, said that based on chart patterns following previous halvings, Bitcoin price could be headed for an imminent breakout in September.The analyst wrote to his 493,000 followers in an August 18 post on X:”Bitcoin tends to breakout in the parabolic phase of the cycle about 160 days after the halving. If history repeats itself, Bitcoin could be about a month away from a breakout, possibly in late September.”BTC/USD, 1-week…
The Enforcement Directorate (ED) in Ahmedabad has arrested a man named Shailesh Babulal Bhatt for allegedly kidnapping two employees of the shuttered BitConnect on August 13 and forcing them to hand over cryptocurrencies and cash. Bhatt, who was arrested under India’s Prevention of Money Laundering Act (PMLA), decided to kidnap two employees after losing money by investing in BitConnect Coin. Bhatt and his partner were found to have demanded a ransom (2,091 Bitcoins, 11,000 Litecoins, and $145 million Indian Rupees) to release the captives. According to a press release from the law enforcement agency, Bhatt allegedly gave his accomplices up…
Tony Kim 19 Aug 2024 13:40 Rollup Coaster #29 delves into the latest rollups and zero-knowledge proof advancements on Ethereum, with insights from industry experts. Rollup Coaster, a bi-weekly newsletter, takes an in-depth look at the latest developments in the Ethereum ecosystem, focusing on rollups, zero-knowledge proofs, and more. The latest version, written by Taiko researcher Jünger, is now available, according to taiko.mirror.xyz. Highlights of the latest edition The newsletter covers several key topics, including: Shared Sequencer Discussion: Rushi criticizes shared sequencers, arguing that they are a B2B model, while Jill Gunter counters that…
Toncoin emerged as one of the best performing cryptocurrencies on August 19, surging by around 9% in the past 24 hours. This rally stands in stark contrast to the broader cryptocurrency market, which experienced a 3% drop over the same period. Total Crypto Market Capitalization vs. TON/USDT, Daily Performance Chart. Source: TradingViewTON price could rise 40% by September.The sharp rise in the price of Toncoin (TON) is the result of a technical breakout from a classic bump and run reversal (BARR) pattern.The BARR pattern that TON has been following closely in recent weeks typically begins with a lead-in phase, marked…
Company • August 19, 2024 7:49 AM EDT Posted 1 minute earlier ~ in Updated: August 19, 2024 7:55 AM EDT Analysts at research and brokerage firm Bernstein noted that investors are showing significant interest in Bitcoin miners and are shifting their attention to the artificial intelligence and high-performance computing (HPC) data center markets.“We are seeing significant investor interest in Bitcoin miners pursuing AI/HPC, and these same investors are questioning whether all miners should transition to AI,” Gautam Chhugani, Mahika Sapra and Sanskar Chindalia wrote in a note to clients on Monday.This operational shift is known as the “Mullet” strategy,…
BIP32 BIP32 is a standard for hierarchical deterministic (HD) wallets for Bitcoin.This means that it’s a way to generate a hierarchical, tree-like account structure of private and public keys, starting from a single “seed” key (or master private key). The advantage of using an HD wallet is that it allows you to generate a large number of separate accounts within a single wallet, and it’s easier to backup and restore your wallet. There is an improved version of this proposal, BIP44, that supports keys for multiple cryptocurrencies. BIP39 BIP39 is a standard for a mnemonic phrase (more widely known as…