17235
Fastest Breaking Markets Updates Crypto • Finance • Technology • War
Spot Bitcoin ETFs are expected to surpass GBTC today in holdings.
Читать полностью…
Decentralization Alone Won't Cut It for Crypto's AI Ambitions: Coinbase Report
"The value potential for many AI tokens maybe over stated as a result of broad attention on the AI industry, and that many AI tokens may lack sustainable demand side drivers in the short to medium term"
Summary:
*Proprietary Data [Grass]: report highlights that decentralized data marketplaces face challenges in building standardized interfaces, verifying data integrity, incentive structures, and competing with existing centralized and open source data providers - all whilst balancing token incentives across market participants.
*Storage [Filecoin, Arweave and Arweave's ao]: report highlights challenges around regulatory compliance, data sensitivity requirements, vendor lock-in and integrations with existing cloud systems in terms of tooling and developer adoption.
*Decentralized compute [Akash & Render]: report highlights supply-side growth outpaces that on the demand side. GPUs available has outpaced the demand growth for those resources citing akash data.
*Validating and Trusting Models [BitTensor]: report acknowledges BitTensor's attempt to solve the extremely challenging model benchmarking problem, but raises questions about its incentive structure, ability to outperform centralized models, and accounting for computational tradeoffs like cost.
*Decentralized identity [WorldCoin]: While recognizing its technical feasibility, the report suggests Worldcoin will need to compete with centralized alternatives like KYC providers and government databases, which may be favored for compliance reasons and also highlights research on AI watermarks, which embed hidden signals in both text and image outputs to allow algorithms to detect whether content has been AI generated.
As a whole, Coinbase think many near term persistent demand drivers are missing in the AI narrative trade. A lack of clear adoption forecasting and metrics have enabled a wide range of memetic speculation which may not be long-term sustainable.
The Coinbase app has fallen out of the top 100 [All Categories]
Читать полностью…
FED GOVERNOR BOWMAN: "NOT YET" READY FOR RATE CUTS, WILLING TO HIKE AGAIN IF NEEDED
MESTER: IF ECONOMY MEETS FORECASTS, RATE CUTS LIKELY LATER THIS YEAR
POWELL: WE’RE NOT FAR FROM CONFIDENCE TO CUT RATES
Arkham has identified the onchain addresses of Tesla and SpaceX: X
Tesla: 11.51K BTC
SpaceX: 8.29K BTC
Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets
Читать полностью…
Binance launched Futures NEXT, a platform where users are rewarded for accurately forecasting which tokens will be listed on Binance Futures' USDⓈ-M market: link
Читать полностью…
Ethena Labs has raised a $14m seed extension round led by Dragonfly with participation from Arthur Hayes.
[Airdrop] You can Join the shard campaign with our link: app.ethena.fi/join/a28ze
Ethena Labs also announced the public mainnet with the Shard campaign
[Thank you all 8.5k subscribers and the one's going to join soon. It's hard to stay relevant wen you have Hsaka, Ansem, Capo [ofcourse 😁], etc on ct so, thank you everyone for sticking with us 🙏, anyways channel going into kind of ghost/silent mode from 10th of feb to 15th probably so, enjoy your weekend, next week and The valentine's day ofcourse, bye
-infinityhedge Team]
[Another Banger tweet from ct]
"Final words to my family
"Don't forget to go into my LEAP wallet and unstake my TIA, this takes 21 days
then head over to eigenlayer, here you will need to unstake my stETH"
https://twitter.com/rainnen23/status/1755347443548385631
My base case is that the SEC won’t allow ETH staking in the potential spot Ethereum ETFs but time will tell!: James Seyffart
Читать полностью…
Ticker: W
Maximum Supply: 10,000,000,000
Initial circulating supply: 1,800,000,000
Token Format: Native ERC20 and SPL (using Wormhole’s Native Token Transfer standard)
Lock Up: 82% of W are initially locked and such tokens will unlock over the course of four years per the Token Release Schedule below.
Snapshot for TGE-related airdrop has been taken before the publishing of this blog. [Read blog for more info]
https://wormhole.com/wormhole-w-tokenomics/
OKX faces potential probe in South Korea after alleged rule-breaking: TheBlock
Local exchanges reportedly accused OKX of promoting its Jumpstart program to South Korean investors without proper registration.
Are Liquid Staking Tokens (LST) creating a ponzi?
▫️ I stake ETH and get stETH
▫️ I re-stake stETH and get lpETH
▫️ I re-stake lpETH and get xxETH
▫️ ...infinity... [infinityhedge]
h/t Duo Nine
BlackRock plans to buy its own spot bitcoin ETFs as well as other bitcoin ETFs with its Global Allocation Fund, which holds assets close to $18billion: TheBlock
Earlier this week, BlackRock also filed to incorporate spot bitcoin ETFs into its Strategic Income Opportunities fund, which holds over $36.7billion.
Binance Labs Concludes Incubation Season 6; Invests in Cellula, Derivio, Ethena, NFPrompt, QnA3, Shogun & UXUY.
Читать полностью…
DWF Labs invests in ORN and agrees to lock their ORN tokens for 12 months: link
Читать полностью…
[New Listing] Coinbase International Exchange: BLUR-PERP, SEI-PERP, and UNI-PERP markets will begin on or after 10am UTC on 14 MAR 2024.
Читать полностью…
"Pantera is seeking funds for the Pantera Solana Fund, which has an “opportunity” to buy up to $250 million worth of SOL tokens from the FTX estate, according to marketing materials from February sent to prospective investors and seen by Bloomberg. In return for the option of buying SOL at 39% below a 30-day average price or at $59.95, investors must agree to a vesting period as long as four years"
"The estate holds 41.1 million SOL coins according to Pantera’s pitch document, worth $5.4 billion at Wednesday’s close and equivalent to roughly 10% of the total supply"
Pantera Raising Funds to Buy Big Solana Holding From FTX Estate: BBG
Читать полностью…
23k BTC moved to unknown wallet [possible it's Coinbase not confirmed]
Читать полностью…
The US has told allies that Russia could deploy a nuclear weapon into space as early as this year: Bloomberg
Russia says it has no plans to deploy nuclear weapons in space. ---Weapon would target communications satellites, not people.
[Here is Sam Altman reportedly seeking $7 trillion to fund a huge chip manufacturing venture to help power AI]
Читать полностью…
The last time Bithumb surpassed Upbit in market share was back in 2020: Dessislava laneva
Читать полностью…
This happens specifically because of what it takes to become crypto rich
It's either like
1) insane dedication and grinding, years straight staring at charts on amphetamines, losing it all and making it all back 10x over while gradually getting better every time until you can see trends and patterns in everything surrounding you, can predict when a stoplight will turn green based on the BTC one second chart's RSI, essentially you're a wizard and people don't believe in wizards so they just think you have schizophrenia
2) delusion on a level 99.999% of people can't even comprehend, allowing you to believe your random internet coin will go up 5,000,000x, combined with the ungodly luck to actually pick a coin that does this, combined with the balls to actually hold it while it grows from $500 to $50M, combined with having a girlfriend or mom who somehow convinces you to sell before it all goes to zero
https://twitter.com/SCHIZO_FREQ/status/1755055598595444838
ARK/21Shares has just filed an amended S-1 for their spot Ether ETF, looks like they updated to be only cash creations: EricBalchunas
[+Also they may stake ETH with 3rd party providers, and any staking rewards will be their income]: infinityhedge ⚠️
SEC may be forced to declare Ethereum a security after controversial new launch: Fortune | infinityhedge
Prometheum plans to announce on Wednesday the launch of custodial services for Ether. The move is part of a larger strategy by the crypto firm to get regulators to identify Ether as a security.
SEC introduces rule that potentially means all DEX liquidity positions above $50M must register with SEC: Velo: Link
Читать полностью…