Author: e_cash_top

[ad_1] Nvidia researchers have developed a new AI image generation technique that could allow highly customized text-to-image models with a fraction of the storage requirements. According to a paper published on arXiv, the proposed method called “Perfusion” enables adding new visual concepts to an existing model using only 100KB of parameters per concept. Source: Nvidia…

[ad_1] Quick Take Fitch’s recent downgrade of the United States’ credit rating from AAA to AA+ on Aug.1 has led to an interesting shift in the crypto market, with Bitcoin peaking at $30,000. Fitch: (Source: Bloomberg) ZeroHedge highlighted that a similar downgrade in 2011, triggered market turbulence, causing Treasury yields to crash and record-high gold…

[ad_1] Despite reports from the Wall Street Journal (WSJ) that China accounts for about 20% of Binance’s trading volume, the exchange told CryptoSlate in an Aug. 2 email that its website is blocked in the country and its platform is unavailable to China-based users. China reportedly accounts for $90B of Binance’s volume Earlier today, WSJ …

[ad_1] In the last three days, the DeFi sector has seen an 8% decline in the total value of locked assets (TVL), falling to $40.31 billion, as per DeFiLlama data. As of July 30, DeFi projects TVL stood at $43.81 billion but witnessed a sharp decline after malicious players attacked several Curve (CRV) pools on…

[ad_1] Nonprofit organization Glo has announced the Aug. 2 launch of Glo Dollar, a regulated stablecoin with an ambitious goal: leveraging cryptocurrency yields to lift millions out of extreme poverty. CryptoSlate spoke with Jasper Driessens, Co-Founder of Glo, about the project’s goals and how it leverages traditional finance to fund a non-profit stablecoin. Leveraging Treasury yields…

[ad_1] Quick Take After the U.S. government’s decision to suspend the debt limit till 2025, the national debt has swelled to a staggering $32.6 trillion from nearly $32 trillion in June. With the Treasury’s new plan to borrow an additional $1.89 trillion in the latter half of 2023, the total borrowing since the debt ceiling…

[ad_1] In its Aug. 1 financial results, business intelligence firm MicroStrategy said it acquired substantial Bitcoin during Q2 2023. Andrew Kang, Chief Financial Officer at MicroStrategy, said: “The addition in the second quarter of 12,333 bitcoins [is] the largest increase in a single quarter since Q2 2021. We efficiently raised capital… and used cash from…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] Meta is expected to launch a selection of chatbots powered by artificial intelligence (AI) in the near future, the Financial Times said on July 31. The newspaper’s sources said that Meta is preparing to release those AI-powered chatbots to the public as early as September. The AI chatbots are designed to simulate human-like interactions…

[ad_1] Miami mayor Francis Suarez’s presidential campaign received a donation from the CEO of the crypto firm MoonPay, the Miami Herald reported on Aug. 1. That report states that a political action committee (PAC) supporting Suarez received a $500,000 donation from PassionForest, LLC, on Oct. 28, 2022. The donation attracted further attention on July 25,…