CryptoNews

Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm

September 2, 2024
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin. The dollar loan carries a 14.5% interest rate…
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CryptoNews

Coinbase Reports Its First AI-to-AI Crypto Transaction

September 2, 2024
Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI crypto transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s capacity to independently obtain resources…
CryptoNews

Crypto Expert Says This Meme Coin Could be the Best Buy for the Next Bull Run

August 30, 2024
There’s a new meme coin making waves, and it’s caught the attention of industry experts. Crypto All-Stars (STARS) is trying to break the mold of typical meme tokens. Instead of just depending on a cute mascot, it’s aiming to bring something fresh to the table – a unique staking platform called the “MemeVault.” MemeVault – The Unified Hub for All Your Favorite Meme Coins So, what is…
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DefenseNews

How in-house tech and soldier tinkering is changing the Army

August 30, 2024
FORT JOHNSON, Louisiana – A new Army-made software application is allowing soldiers to identify a target and send a fire mission in under a minute when it used to take 15 minutes. Those same soldiers have rigged cheap drones with a cheap, off-the-shelf circuit board and sensor to make electronic decoys of their command posts, throwing enemy fires off target. This brave new world in Army…
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AI & RoboticsNews

Meta leads open-source AI boom, Llama downloads surge 10x year-over-year

August 30, 2024
Open-source AI is finally closing in on the dominance of closed-source. Today, Meta, one of the leading players in the open model category, shared a mid-year update claiming that the adoption of its Llama family of models has surged to new heights, especially since the release of the large Llama 3.1 last month. The Mark Zuckerberg-led company revealed that the downloads for Llama models are…
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