The Wall Street Journal reported that individuals familiar with the matter said Meta aims for the new AI model to be “several times” more powerful than its Llama 2 model, which it released earlier this year.Continue Reading on Coin Telegraph More
The case traces back to transactions made from January to May 2022, between Alameda Ventures — the venture capital arm of Alameda Research, FTX’s sister company — and LayerZero.Continue Reading on Coin Telegraph More
Bitcoin’s weakness has dragged several altcoins lower, with many testing multi-week lows. This indicates that the broader crypto market is in a firm bear grip. Negative markets make it difficult for buyers to identify short-term bullish trades as rallies hardly sustain. However, it could be a good time for long-term investors to build a portfolio.Continue Reading on Coin Telegraph More
As of the latest data, Ethereum is priced at $1,623.49 USD, while Solana stands at $18.47 USD. These figures might not tell the whole story, but they do hint at a subdued market response to what should have been uplifting news.Source: Over the past two weeks, both Ethereum and have shown less than stellar price performance. This lackluster movement contradicts the positive news flow and suggests that the market is more attuned to potential risks, such as FTX’s impending liquidation, rather than opportunities. It’s as if the market has put on blinders, focusing solely on the pitfalls ahead.So, what’s the takeaway? Well, it is not that and Solana lack promise; far from it. These platforms continue to innovate and attract institutional interest. However, the market seems to be in a state of selective hearing, tuning in only to news that feeds its anxieties. This restive behavior could be a temporary phase, but for now, it is dictating the tempo of the market.As for now, the market needs to recalibrate its focus, shedding its tunnel vision to appreciate the broader landscape of possibilities that these blockchains offer. Until then, ETH and SOL will likely continue to dance in the shadows.This article was originally published on U.Today More
Pepecoin has suffered two concerning security breaches in the last two weeks.Continue Reading on Coin Telegraph More
According to the data, the trading volume of AI-related tokens increased steadily during the past month, with an increase in the trading volume of AI tokens from $570 million to $870 million from the end of July to the end of August. However, it has decreased significantly since the beginning of 2023, when it exceeded $7 billion, and has stagnated since then.Continue Reading on Coin Telegraph More
The proposal 11780, titled “Initiative to Address Spam Proposals by Raising Minimum Deposit to 5M LUNC,” is under consideration. Its objective is to elevate the minimum deposit requirement from 1 million LUNC to 5 million LUNC, creating a higher barrier for scam proposals to advance beyond the deposit phase. This measure is intended to counteract the influx of “spam” and irrelevant proposals submitted for voting within the Terra Luna Classic community.Continue Reading on Coin Telegraph More
According to a recent Amberdata report titled “Digital Assets: Managers’ Data Infrastructure Fuel,“ 24% of asset management firms have adopted a digital assets strategy, with an extra 13% planning to do so in the next two years.Continue Reading on Coin Telegraph More
