DeFi and NFTs remain deep in the bear market while crypto stocks see an upside. After June gave Bitcoin (BTC) a boost with BlackRock’s application for spot Bitcoin exchange-traded fund (ETF), July sent its price into a summer slump. Only some altcoins managed to perform well in response to Ripple Labs’ partial victory against the…
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In recent times, attention has gravitated towards a novel substance known as LK-99, celebrated as a potential wonder superconductor with the capability to usher in an era of lossless power transmission, more potent computers, and stronger magnets. Yet, as scientists have been laboring to replicate the LK-99 experiment up until August 5, 2023, the academic…
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The $85 billion venture capital firm launched the Sequoia Crypto Fund in February 2022. Venture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pivot away toward smaller crypto players. According to a July 27 Wall Street Journal report, the tech-focused VC firm…
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June rejected the three-month trend of rising venture capital investment into crypto, though that’s not necessarily a bearish signal. The month of June closed out with a 29.73% decrease in venture capital investments, with just $779.32 million raised in 62 individual deals, according to data from the Cointelegraph Research Venture Capital Database. While the United…
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The research represents a possible breakthrough in quantum communications and, potentially, the onset of the era of quantum fintech. The dream of a completely secure, unhackable, absolutely private digital payment system could soon be realized thanks to new research out of the University of Vienna. In a paper published on July 4 titled “Demonstration of…
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This latest report is a guide to help the next generation of cryptocurrency users and veterans alike in the ways of decentralized finance. The cryptocurrency market saw an explosion of growth during the 2021 decentralized finance (DeFi) Summer and increased fear of missing out (FOMO), which drove prices of Bitcoin (BTC) and much of the…
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Cybersecurity researchers have found tens of thousands of devices storing Chatgpt credentials that have been infected with info-stealing malware. The account details have ended up being sold on the dark web, they said, pointing out that the Asia-Pacific leads by number of such offers. Increase of Compromised Accounts Testifies to the Growing Popularity of Chatgpt,…
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What are the current trends in VC investment in the crypto sector, and when will the bear market finally end? In May, Bitcoin (BTC) posted its first monthly loss since December 2022 with a negative 6.98%. However, this consolidation was not obviously driven by a change in fundamentals or the broader macroeconomic environment. The crypto…
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The researchers claim the ideas driving the conclusions found in the original paper were based on flawed assumptions about the nature of Bitcoin. A team of researchers from the Bitcoin Policy Institute, a nonprofit think tank, have roundly rejected the conclusions reached in a 2022 paper claiming that Bitcoin has an intrinsic scaling problem that…
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Meta claims Voicebox is the first AI that can generalize text-to-speech tasks it wasn’t trained to accomplish and describes it as a “breakthrough.” Meta AI recently unveiled a “breakthrough” text-to-speech (TTS) generator it claims produces results up to 20 times faster than state-of-the-art artificial intelligence models with comparable performance. The new system, dubbed Voicebox, eschews…
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