Key Takeaways Arthur Hayes has joined Upexi as the first member of its Solana-focused advisory committee. Upexi holds 1.9 million SOL tokens and aims to solidify its leadership in Solana treasury management. Share this article BitMEX co-founder Arthur Hayes has joined Solana treasury company Upexi as the first member of its newly established advisory committee, the company announced Tuesday.The committee will help expand Upexi’s footprint in the Solana ecosystem via strategic partnerships and targeted investments, positioning the company as a leading Solana treasury company.“The Advisory Committee will be a catalyst for Upexi’s next stage of growth – driving performance, amplifying…
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When Bill Dally joined Nvidia’s research lab in 2009, it employed only about a dozen people and was focused on ray tracing, a rendering technique used in computer graphics. That once-small research lab now employs more than 400 people, who have helped transform Nvidia from a video game GPU startup in the nineties to a $4 trillion-dollar company fueling the artificial intelligence boom.Now, the company’s research lab has its sights set on developing the tech needed to power robotics and AI. And some of that lab work is already showing up in products. The company unveiled Monday a new set…
According to Gert Van Lagen, XRP’s macro structure has finally done one thing that is necessary. Break and hold the base neckline for seven years. “XRP (2W) – Ripple is ready to rip. A 7-year double bottom is broken. His chart is drawn on a logarithmic scale with a two-week candle, framing the movement as a multi-cycle inversion rather than a short-term pop. Can XRP really hit $34? Geometry is clear on the chart. The wide W-shaped base extending from the 2018-2024 Bear Market has been carved with twin rows carved into the $0.20-$0.30 region, returning to the horizontal neckline…
Key Takeaways Peter Thiel has disclosed a 7.5% stake in ETHZilla, which trades under the ticker ATNF. Thiel and his investor group reported beneficial ownership of over 11 million shares of 180 Life Sciences. Share this article Peter Thiel, the billionaire tech investor and co-founder of PayPal and Palantir, is part of an investor group that holds a 7.5% stake in 180 Life Sciences, which is rebranding as ETHZilla, an Ethereum-focused corporate treasury vehicle, according to a new SEC disclosure.Shares of 180 Life Sciences (ATNF) jumped over 11% at Monday’s close and surged roughly 57% in overnight trading, Yahoo Finance…
Key Takeaways Spot Ethereum ETFs recorded over $1 billion in daily net inflows, their highest since last July. Investor interest in Ethereum exposure through ETFs is rising as ETH trades around $4,300. Share this article US-listed spot Ethereum ETFs listed in the US pulled in more than $1 billion in net inflows on Monday, their highest daily total since debut, according to data tracked by Farside Investors.BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity Ethereum Fund (FETH) also posted their largest single-day inflows, drawing about $640 million and $277 million, respectively. Except for Invesco’s fund, all other Ether ETFs posted positive…
Key Takeaways Elon Musk intends to sue Apple for allegedly restricting AI companies in the App Store. Musk claims Apple unfairly favors OpenAI while blocking competitors like xAI from top rankings. Elon Musk has threatened to file an antitrust lawsuit against Apple, claiming the tech giant unfairly restricts AI companies, except OpenAI, from reaching top positions in its App Store. Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation. xAI will take immediate legal action. — Elon Musk (@elonmusk) August…
Key Takeaways Stripe is developing Tempo, a high-performance blockchain for payments, in partnership with Paradigm, per a now-removed job posting. The move follows Stripe’s $1.1B acquisition of stablecoin firm Bridge and its purchase of crypto wallet developer Privy. Share this article Stripe is quietly developing a new blockchain, marking its latest push into the crypto and stablecoin ecosystem, according to a Fortune report. A recently removed job posting for the crypto lobby group Blockchain Association described the project, called Tempo, as a high-performance, payments-focused blockchain. The listing said Tempo is in stealth, run by a five-person team, and built in…
Most organizations say they aren’t fully prepared to use generative AI in a safe and responsible way, according to a recent McKinsey report. One concern is explainability – understanding how and why AI makes certain decisions. While 40% of respondents view it as a significant risk, only 17% are actively addressing it, per the report. Seoul-based Datumo began as an AI data labeling company and now wants to help businesses build safer AI with tools and data that enable testing, monitoring, and improving their models—without requiring technical expertise. On Monday the startup raised $15.5 million, which brings its total raised…
The growing role of ChainLink in Swift’s blockchain integration is to compare it with XRP’s longstanding ambitions in the same sector. Related readings Reports reveal that Swift already uses chain link technology to connect more than 11,000 banks to public and private blockchains. The relationship between chain links and global finance Supporters point out that ChainLink’s work currently spans major financial players such as DTCC, MasterCard, Central Banks and Top Asset Managers. Collaboration with Swift is at the heart of this progress, enabling data and transaction flows across multiple blockchains. When asked which blockchains carry these transactions, ChainLink Advocate’s Zack…
Key Takeaways SEC’s resolution of the Ripple case frees resources to focus on building clearer crypto regulations. Commissioner Hester Peirce emphasized the importance of shifting from litigation to proactive regulatory efforts. Share this article SEC Commissioner Hester Peirce says the conclusion of the Ripple lawsuit allows regulators to shift their focus toward developing a clear regulatory framework for the crypto market. “A welcome development for many reasons, including that minds once occupied with litigation now can concentrate on creating a clear regulatory framework for crypto,” said Peirce, who is often referred to as ‘Crypto Mom’ for her pro-innovation stance on…