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Multichain wallet Exodus posts $12.4M revenue, $1.9M net income in Q2
In the quarter ended June 30, Exodus' revenue declined by 4% year-over-year, but its results were boosted by 6% cost reductions.
Why Nvidia’s 20% Rise Ignited Rally In Crypto AI Tokens
Crypto tokens with Artificial Intelligence (AI) applications have outperformed other assets as chipmaker Nvidia reached an all-time high. The legacy company’s stock price saw important gains as its bet on the AI sector paid off. As of this writing,...
Prime Trust parent company lost $8M investing in TerraUSD
Prime Core Technologies said that “under prior management" it had lost $6 million in user funds and $2 million treasury funds through investments in the algorithmic stablecoin.
Vessel Capital secures $55M to invest in Web3 infrastructure: Report
The venture firm has introduced its crypto fund for Web3 infrastructure and applications, promising a collaborative approach with startup founders.
Meta launches community-licensed AI coding tool to the public
Code Llama is available for both personal and business use under the Llama2 community license agreement.
The future of BTC mining and the Bitcoin halving
This week’s episode of Market Talks discusses the future of BTC mining and how miners can maximize profits, as well as the upcoming Bitcoin halving and its impact on the mining industry.
Base, Optimism unveil shared governance and revenue-sharing framework
The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council’ will be formed as the ecosystem grows.
Known-plaintext attacks, explained
A known-plaintext attack exploits known pairs of plaintext and corresponding ciphertext to deduce encryption keys or methods.
Crypto VC inflows drop further as macro factors weigh on investments
Polychain Capital and CoinFund launch new funds, and spot Bitcoin ETFs approval rumors can’t brighten the outlook for crypto VC sector.
Is the SEC a bad cop? CoinRoutes CEO Dave Weisberger breaks down crypto regulation in the US
Weisberger believes the structure of the Securities and Exchange Commission needs to change but that politicians are reluctant to do so because of their power within the current state of affairs.