Author: NBTC
YeagerAI has just closed a $7.5 million seed round for its groundbreaking project, GenLayer, with North Island Ventures leading the charge. This significant funding boost also includes support from top-tier web3 VCs like Node Capital, Arrington Capital, TykheBlock, ZK Ventures, and many more, including influential angel investors. The new capital will propel GenLayer’s mission to redefine smart contracts through artificial intelligence.—GenLayer, the world’s first Intelligent Blockchain, is designed to push the boundaries of what smart contracts can do. By harnessing the power of Large Language Models (LLMs), GenLayer introduces “Intelligent Contracts” that integrate with the Internet to make nuanced decisions…
Decentralized oracle network Chainlink (LINK) is suddenly seeing a lot more development activity, according to new data published by the crypto analytics platform Santiment. Santiment notes that Chainlink has shot up in rankings in terms of development activity over the last 30 days from fourth place in May to second place last month. Meanwhile, decentralized app protocol Hedera (HBAR) continues to lead in the crypto space in terms of development activity. “Here are crypto’s top coins by development frequency. Hedera remains at the top spot, with Chainlink sliding into the number two position. The below list is sorted by counting…
Crypto advocate John E. Deaton has challenged Senator Elizabeth Warren on her stance on “greedy corporations” and insurance companies. Deaton, who is looking to unseat Warren on a Republican ticket in elections to be held later in the year, was responding to a post on X by the incumbent senator regarding price gouging by U.S. companies. I have personally fought greedy corporations and insurance companies (including one of your former clients, Traveler’s Insurance, for more than two decades, on behalf of working families across the Commonwealth. I look forward to our discussion on this topic. See you soon… https://t.co/ll4kkRojNx —…
The recent increase in electricity costs has begun to reshape the landscape for bitcoin miners in Paraguay. As energy prices rise, industry representatives express concerns about the long-term viability of crypto mining operations in the nation. According to Hugo Rolon from the National Power Administration, while no contracts have been canceled due to these fee hikes, interruptions in service have been noted. This article explores the impact of rising power costs on bitcoin mining in Paraguay, highlighting the potential shifts in the industry and responses from key stakeholders. Impact of Power Cost Increases on Bitcoin Mining Operations The Paraguayan bitcoin…
NetMind AI, the AI solutions platform, has partnered with FrogPay AI, an AI-based payment solution provider. NetMind AI’s Power features and AI solutions will assist FrogPay AI in enhancing cryptocurrency transactions and AI-based funds dispute management. We are delighted to support @FrogPayAI through NetMind Power and our AI solutions. FrogPay is advancing blockchain payment solutions with innovative features like cryptocurrency transaction refunds and AI-driven dispute resolution. Our shared commitment to decentralisation and… https://t.co/bqrexiZKIe — NetMind.AI (@NetmindAi) August 22, 2024 NetMind AI is an AI solutions provider company at the top of its league. It offers high-tech solutions to consumers and…
Through analysis of Bitcoin futures leverage, spot market order books, and psychological trading levels, I created a set of channels that have proved surprisingly resilient over the past six months. I’ve not day traded crypto since 2021, focusing instead on dollar cost averaging into Bitcoin daily. The removal of the emotional aspect of trading allowed me to focus on the data without projecting my personal feelings into trades and analysis. Looking solely at the 30-minute price chart for Bitcoin, I drew horizontal lines according to repeating close prices to identify where traders may be looking to place stop-losses. I then…
Ethereum cofounder Vitalik Buterin recently revealed that his salary at the Ethereum Foundation is 182,000 SGD (roughly $139,500) per year. These are, of course, mere pennies compared to Buterin’s personal net worth, which reached $1.5 billion in 2022, according to Forbes. The data provided by blockchain analytics platform Arkham Intelligence shows that Buterin currently holds roughly $625 million worth of crypto. Shedding light on EF’s spending Buterin recently shared an update from Josh Stark of EF regarding the organization’s spending. The “New Institutions” piece of the pie accounts for the biggest share of EF spending. As explained by Stark, one…
After the FED left interest rates unchanged at its last meeting, the minutes of the said meetings were published. Here are the details from the minutes: Members believe that upside risks to inflation have receded. Some members see an increased risk of more serious disruption to the workforce. A “vast majority of members” believe a rate cut in September is likely to be appropriate. ‘A few’ members saw reasons for a rate cut at the July meeting. Downside risks to employment are seen as increased. Almost all members believe that the decline in inflation will continue. Nearly all authorities want…
Investors holding 1,000, 3,000 and 5,000 XRP could see their portfolio grow to as much as $500,000 if XRP price reaches the $100 level. XRP continues to trade below the crucial $0.50 threshold after decisively collapsing underneath it on June 20. Despite periods of sharp price increases, XRP has failed to reclaim $0.50 as a result of the ongoing market collapse. This decline has also kept Bitcoin (BTC) below $65,000 since June 21. XRP Witnesses Increased Accumulation However, multiple market analysts regard the prevalent downtrend as an opportunity to procure XRP at discounted prices. Notably, at its all-time high of…
The first major arrest of a prominent messaging or social media company CEO may not be the last, Galaxy said. Telegram and Durov were probably resisting takedown or information requests, the report said. Some of the charges could be linked to Telegram’s integration with TON or the blockchain’s presumed use in illegal activity, Galaxy said. The detention of Telegram CEO Pavel Durov in France is the first major arrest of a prominent messaging or social-media company boss for failing to sufficiently police its platform. It is unlikely to be the last, Galaxy Research said in a report on Monday. Governments…