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ENS partners with GoDaddy to enable users to link wallets to domains
ENS partners with GoDaddy to enable users to link wallets to domains

It is important to note that ownership of a DNS domain ultimately rests with the registrar

Blockworks·2024/02/05 22:52
Genesis wants to sell $1.3B GBTC
Genesis wants to sell $1.3B GBTC

A hearing on the motion will take place on Thursday, Feb. 8

Blockworks·2024/02/05 22:46
New bitcoin ETFs overcome GBTC asset losses, yielding strong inflow week
New bitcoin ETFs overcome GBTC asset losses, yielding strong inflow week

CoinShares data shows GBTC outflows decreased from $2.2 billion to $927 million week over week, while BlackRock and Fidelity asset gains continue

Blockworks·2024/02/05 22:46
Cryptocurrencies flat, stocks lower as traders accept rate cuts are not coming in March
Cryptocurrencies flat, stocks lower as traders accept rate cuts are not coming in March

Investors are questioning how to interpret a dovish Fed and conflicting economic data

Blockworks·2024/02/05 21:56
Bitcoin price still 43K after trading sideways for 2 months
Bitcoin price still 43K after trading sideways for 2 months

Bitcoin miners are no doubt closely watching fee revenues ahead of the next halving, which is now expected to hit April 20

Blockworks·2024/02/05 21:56
Solana Investors Flock Back With $13M Inflows Beating Ethereum, Avalanche
Solana Investors Flock Back With $13M Inflows Beating Ethereum, Avalanche

Bitcoin received inflows totaling $703 million last week, accounting for 99% of all flows.

Cryptopotato·2024/02/05 21:52
Judge orders Ripple to hand over financial documents after request from SEC
Judge orders Ripple to hand over financial documents after request from SEC

Quick Take A judge granted an SEC motion to compel Ripple to produce 2022-2023 financial statements and contracts governing institutional sales of XRP.

The Block·2024/02/05 20:37
Flash
10:28
MegaETH's native token MEGA has surged over 20% in the past 24 hours, surpassing $0.068.
BlockBeats News, June 14th, according to an exchange market data, MegaETH's native token MEGA broke through $0.068, with a 24-hour percentage gain expanding to 20.13%.
08:43
The AI Boom is Fueling Tech Inflation, Rewriting a Two-Decade History of Tech Products Only Getting Cheaper
BlockBeats News, June 14th, AI Driving US Inflation Surge. In May, the Consumer Price Index for Computer Software and Accessories surged by 14.5% year-on-year, marking the largest annual increase since records began in 2000. Producer prices for electronic components skyrocketed by 27%, also hitting a historical high. By contrast, prior to 2026, prices for software and electronic components had been decreasing almost every year. Currently, the price of memory alone has more than doubled in the past year, with DDR5 and DDR4 memory prices soaring by 290% year-on-year. The reason behind this surge is that AI data centers have absorbed the vast majority of global chip supply. The impact of memory prices could keep inflation elevated throughout the entire year of 2027, further compounding the existing pressures from the Iran conflict. The AI boom is fueling tech inflation.
05:56
Opinion: Anthropic Export Control Compliance Highlights Centralization Risks in AI, Decentralized AI Could Become Key Counterbalancing Force
BlockBeats News, June 14th, CoinFund founder Jake Brukhman stated that AI models naturally have centralizing attributes, making them a key target for government regulation and control. Anthropic's latest export control compliance action further confirms this trend. He pointed out that decentralized networks can be a crucial counterbalance to the current situation, building sovereign, open, and public decentralized AI. The core challenge lies in the issue of computational power. Although it is widely believed that only trillion-dollar tech companies can afford cutting-edge model training, there is actually abundant global GPU computational power available. The key is to develop new distributed training algorithms. Brukhman mentioned that teams such as Gensyn, Prime Intellect, Bagel, Pluralis, Nous Research, Macrocosmos AI, and Covenant AI have been exploring this direction. Although early on it was commonly believed to be infeasible, the reality has shown that distributed training can not only be achieved but also at a lower cost and with efficiency close to traditional solutions. Furthermore, he believes that another major challenge facing decentralized AI is economic sustainability. While open-source models are important, they lack mature business models. Pluralis, by distributing model weights to participants, is exploring the commercial path of tokenizing AI models. Brukhman stated that we are currently at a critical moment where AI will either move towards complete centralization, subject to scrutiny and unilateral government control, or establish a public AI on an open decentralized network, which will determine the industry's future direction.
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