Tongyi Qianwen, which translates to “truth from a thousand questions,” is an AI language model that is capable to write invitation letters, organize vacations, and provide beauty product recommendations to buyers. The AI language model has been launched by Chinese tech giant Alibaba. Initially, Tongyi Qianwen will be included in
April 12, 2023 2 mins read
To increase throughput and decrease transaction costs for token swaps, Cross-chain automated marker maker Symbiosis has integrated the layer-2 scaling protocol zkSync. In March 2022, the DEX (decentralized exchange) went live. It offers single-sided stablecoin pools that allow liquid suppliers to incur zero impermanent loss. It also allows users to
April 11, 2023 1 min read
Etherscan, one of the most popular Ethereum blockchain explorer, has recently implemented modifications that make it the default to conceal transfers of tokens with zero value. This follows claims of widespread “address poisoning” assaults, which have been used to phish and spam individuals who weren’t expecting it. With this change,
April 11, 2023 2 mins read
One of the highest rewards in recent times, 689 Ether worth $1.28 million, was awarded from a single Maximal Extractable Value (MEV)-boost relay block on the Ethereum Beacon Chain. According to information gleaned from blockchain transactions, Lido was compensated for its efforts in block 17007842 of the Beacon Chain, which
April 10, 2023 2 mins read
In preparation for leaving the Canadian market, cryptocurrency derivatives exchange dYdX has stated that it would be banning user accounts from Canadian residents from the next week. As part of “winding down services,” dYdX announced on April 7 that it will stop accepting new Canadian customers. On April 14th, all
April 8, 2023 1 min read
According to Florida Governor Ron DeSantis, a digital dollar issued by the Federal Reserve would be a danger to financial independence in the United States, in light of the recent FedNow announcement. The probable presidential candidate of 2024 claims that the government may use a CBDC for evil purposes, including
April 8, 2023 1 min read
Cardano (ADA) is increasing the size of its protocol ecosystem and the number of blockchain-based features it offers. The Charlie3 oracle service is the first of its kind to arrive on the blockchain, and the developers of Liqwid Finance, a protocol that provides decentralized interest rate curves for lending and
April 7, 2023 2 mins read
The California Department of Financial Protection and Innovation (DFPI) projected that Robinhood, the major fintech firm behind the cryptocurrency and stock trading platform, will pay more than $10 million in penalties. In March 2020, the global epidemic was at its peak. Robinhood experienced operational and technological problems that prevented many
April 7, 2023 2 mins read
Paxful, a peer-to-peer Bitcoin exchange, stated yesterday that it has temporarily ceased operations. This is due to ongoing tensions between co-founders Ray Youssef and Artur Schaback. Although Schaback is working to get back up and running. Youssef has purportedly suggested that Paxful customers switch to a different service. With the
April 6, 2023 1 min read
Post series of bank collapses and liquidity issues in March, the price of Bitcoin and gold skyrocketed. While both are used to avoid traditional financial institutions, the market was not too startled by the price changes. There are several issues that are currently plaguing the cryptocurrency market and the US
April 5, 2023 2 mins read