Author: e_cash_top
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Groq’s $20,000 LPU chip breaks AI performance records to rival GPU-led industry
[ad_1] Groq’s LPU Inference Engine, a dedicated Language Processing Unit, has set a new record in processing efficiency for large language models. In a recent benchmark conducted by ArtificialAnalysis.ai, Groq outperformed eight other participants across several key performance indicators, including latency vs. throughput and total response time. Groq’s website states that the LPU’s exceptional performance,…
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Chainlink exec says leading banks have begun tokenizing real world-assets
[ad_1] Chainlink Labs is guiding major financial institutions towards adopting blockchain technology and tokenization, which is already underway, according to Niki Ariyasinghe, Head of Business Development for Asia-Pacific and the Middle East. During a recent talk, Ariyasinghe shared insights into this transformative journey, emphasizing the industry’s pivot from pilot programs to full-scale production deployments. Real…
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Year 18 witnessed unprecedented record flows into gold ETFs – Matt Hougan
[ad_1] Quick Take Visual Cap data shared by Matt Hougan, CIO of Bitwise, illustrates the two-decade-long journey of Gold ETFs since the first Gold ETF — GLD — launched in the US in 2004. The data shows that between 2003 and 2012, Gold ETFs initially attracted substantial inflows due to the convenience they offered over…
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MetaMask and Blockaid partner to develop “privacy-preserving module” to enhance web3 security
[ad_1] MetaMask, a leading crypto wallet, has partnered with Web3 security firm Blockaid to fortify security measures for its users across various chains, including Ethereum, Linea, BNB Chain, Polygon, Arbitrum, Optimism, and Avalanche. In a Feb. 20 statement shared with CryptoSlate, the firms explained that the collaboration would equip users with enhanced security alerts that…
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Alex Mashinsky wants to continue retaining SBF’s defense lawyers for his trial
[ad_1] Celsius co-founder and ex-CEO Alex Mashinsky intends to rely on the same lawyers used by former FTX CEO Sam Bankman-Fried (SBF) to defend him against the criminal charges filed by the Department of Justice’s Southern District of New York (SDNY) in July 2023, Bloomberg News reported on Feb. 20. Prosecutors have asked Judge John…
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Ripple would “welcome” an XRP ETF, CEO says
[ad_1] Ripple CEO Brad Garlinghouse commented on prospects for an XRP exchange-traded fund (ETF) in an interview with Bloomberg on Feb. 20. When asked whether Ripple would support an XRP ETF, Garlinghouse said: “We would certainly welcome it.” However, he did not describe any definite plans toward that end. When asked whether Ripple is currently…
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Coinbase International Exchange hits $1 billion in daily trading volume
[ad_1] Coinbase’s non-US exchange saw over $1 billion in daily trading volume on Feb. 20. Coinbase International Exchange wrote: “In the last 24 hours [our] perpetual futures surpassed $1 billion in notional contract volume traded.” Coinbase CEO Brian Armstrong commented that it was the “first time” the non-US unit surpassed the $1 billion daily volume…
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Hong Kong issues regulatory standards for tokenized financial products
[ad_1] The Hong Kong Monetary Authority (HKMA) unveiled comprehensive regulatory standards on Feb. 20 for the sale and distribution of tokenized financial products by authorized institutions. The initiative aims to foster innovation while ensuring robust consumer protection within the burgeoning field of tokenization, where real-world assets (RWA) are digitally represented using distributed ledger technology or…
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Crypto advocate John Deaton launches campaign to unseat Elizabeth Warren in US Senate
[ad_1] Pro-crypto advocate John Deaton has launched his official campaign to unseat Elizabeth Warren in the US Senate. In a Feb. 20 post on social media platform X (formerly Twitter), Deaton revealed that he wants “the opportunity to fight for change, and for the people of Massachusetts in the United States Senate.” Deaton’s campaign’s website…
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Nearly 450,000 BTC acquired by short-term holders since December
[ad_1] Quick Take Short-term holders (STHs), defined by Glassnode as investors who’ve held Bitcoin for less than 155 days, have significantly bulked up their holdings since Dec. 3, moving from 2,236,571 to 2,682,061 Bitcoin, marking a substantial increase of 445,490 BTC, roughly a 20% increase. Long/Short-Term Holder Threshold: (Source: Glassnode) Conversely, long-term holders (LTHs)—investors holding…