The Celo Foundation has partnered with Circle to bring USDC, a leading stablecoin, into its network. This integration not only diversifies Celo’s stablecoin offerings but also positions USDC to become an official gas currency on the blockchain.
Celo Embraces USDC for Enhanced Digital Currency Functionality and Gas Payments
The Celo Foundation has announced that Circle will make its US Dollar…
Tether's 'Record-Breaking' Q4 Profit Partly Attributed to Gold and BTC Price Appreciation
February 2, 2024
In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8 billion), which are collateralized by highly liquid…
EIA Launches ‘Emergency Survey’ on Crypto Mining's Power Use Amid Concerns of Alleged ‘Public Harm’
February 2, 2024
The U.S. Energy Information Administration (EIA) has gained clearance from the Office of Management and Budget (OMB) to conduct an urgent survey regarding electricity usage by cryptocurrency mining firms across the U.S. The EIA submitted this request on the grounds that…
Jupiter successfully launched its JUP token. The airdrop, one of the largest in crypto history, distributed an astounding $700 million worth of JUP tokens to almost a million wallet holders.
Jupiter’s JUP Token Airdrop Distributes to Nearly a Million Users
The cryptocurrency world witnessed one of the largest token airdrops in its history on Jan. 31, as Jupiter, a Solana-based decentralized…
Baobab Studios and 9 Story Media have partnered to bring Baobab’s Momoguro franchise, which is a popular gaming series Roblox, to television.
Burlingame, California-based Baobab created Momoguro as a cross-platform entertainment franchise, said CEO Maureen Fan in an…
Activision Blizzard added $2B in revenue to Xbox’s Q2 growth
February 1, 2024
Microsoft revealed during its latest financial earnings report that its Xbox gaming division has seen a dramatic increase in revenue after last year’s acquisition of Activision Blizzard. Xbox’s revenue increased 60%, while overall gaming revenue grew 48%. According to…
Securing artificial intelligence (AI) and machine learning (ML) workflows is a complex challenge that can involve multiple components.
Seattle-based startup Protect AI is growing its platform solution to the challenge of securing AI today with the acquisition of privately-held Laiyer AI, which is the lead firm behind the popular LLM Guard open-source project. Financial terms of the deal are not…
Synthesia launches LLM-powered assistant to turn any text file or link into AI video
February 1, 2024
Today, London-based Synthesia, the startup that enables enterprises to create professional AI videos, announced the launch of its AI video assistant, a tool that can turn text-based sources into full-fledged synthetic videos in a matter of minutes.
Available starting today…
OpenAI, the research organization behind the powerful language model GPT-4, has released a new study that examines the possibility of using AI to assist in creating biological threats. The study, which involved both biology experts and students, found that GPT-4 provides…
Dynatrace, a Massachusetts-based company that provides technology to monitor and optimize application performance, announced today that it will expand into the artificial intelligence space.
At its annual Perform conference, Dynatrace revealed plans to augment its core analytics platform with new capabilities to track both large AI models and applications powered by them. The new offering, called…
