Nvidia drops new AI chip expected to cut development costs
Nvidia, the current market leader for semiconductor chips, revealed its latest chip designed to run large-scale AI systems and is expected to cut costs of LLMs.
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ETH DeFi 'circuit breaker' could cut hack losses by 70% — Developer
Diyahir Campos, a smart contract developer behind the new ERC proposal, sought to take action after becoming a victim of the Euler Finance hack in March.
Binance.US seeking to cut Changpeng Zhao's majority stake: Report
Changpeng Zhao is the crypto exchange's founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance.
Silvergate begins NYSE delisting process as it readies to cut 230 staff
The parent company of the defunct Silvergate Bank disclosed significant staff cuts and the delisting of its securities in an SEC filing.
Bear market pushes crypto events to cut fluff, prioritize discourse
“Huge DJs” no longer appear at crypto events, instead, attendees are seeing more “well thought out, intelligent questions” being asked.
Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B
Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the sources/agenda is.”
Goldman Sachs still open to crypto hires amid massive 3,200 staff cut
Goldman Sachs’ digital asset lead Mathew McDermott said the bank remains “hugely positive” on exploring blockchain applications.
Banks under pressure from U.S. authorities to cut ties with crypto firms
Banks are allegedly being discouraged from offering services to the crypto industry by United States authorities.
Payments provider Affirm to sunset crypto program after 19% staff cut
Users will not be able to buy Bitcoin after Mar. 2, and the “Affirm Crypto Program” will officially shut down on Mar. 31.
Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise
It was a tough month for crypto employees with at least 14 firms announcing staff reductions in January.