A quantum computing breakthrough from Germany could revolutionize particle physics and finance, prompting crypto firms to integrate chief science officers and particle physicists.
Nvidia’s “Blackwell” B-200 AI chip has been delayed due to a design flaw, raising concerns about the AI industry’s future and its potential market impact.
WazirX hack resulted in a $230M exploit. The proposed 55/45 solution faced fierce user resistance, leading to significant backlash and demands for better security and transparency.
Bitcoin’s price briefly rose to $62K after hitting lows of $60,435, echoing global market trends. U.S. employment data added to market fears. Analysts foresee potential Fed rate cuts.
Crypto leaders and Kamala Harris’s campaign officials will join a roundtable hosted by Rep. Ro Khanna, offering the crypto sector a chance to influence Harris’s policy direction.
Over 2,200 letters were sent to US senators urging support for Senator Cynthia Lummis’s Strategic Bitcoin Reserve bill. The proposal aims to create a national Bitcoin reserve.
Grayscale Ethereum Trust (ETHE) outflows reached $2.1 billion on August 2, with overall spot Ether ETF outflows surpassing $54 million that day. Other ETFs saw mixed inflows.
Dogwifhat’s open interest has dropped 28% since July 27. Concerns grow over a potential retest of the $1.50 support level. Traders remain cautious amidst volatility.
Edward Zitron argues OpenAI’s business model is unsustainable due to lack of profitability and high costs. Industry experts are divided, with some agreeing and others dismissing his claims.
XRP Ledger’s on-chain transactions dropped 65.6% in Q2 2024, reaching 86.38 million. Transaction costs rose 168%. Ripple plans tokenized assets and a USD-backed stablecoin in 2024.
