Federal Reserve chair Powell speaking at Jackson Hole doubled down on keeping financial conditions tight, including hiking interest rates further if needed.
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Crypto
Pepecoin Says ‘Bad Actors’ on Team Stole $15M PEPE
Unprecedented transactions out of a multisig wallet spooked Pepecoin watchers last week.
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Sam Bankman-Fried’s Defense Renews Push for ‘Temporary Release’ Ahead of October Trial
Attorneys for Sam Bankman-Fried have filed a new motion to secure his “temporary release” or at least have him dropped off with his defense team five days a week.
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Visa And Mastercard Distancing Themselves From Binance Unlikely to Hurt the Crypto Exchange: Experts
The decision comes only weeks after Binance has been grappling with multiple legal challenges in the U.S.
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1inch wallet buys $10M in ETH following a $3.7M profit streak in July
The crypto wallet wallet linked to 1inch Investment Fund currently holds around $80 million in various digital assets. A crypto wallet belonging to the 1inch Investment Fund has bought huge amounts of Ether (ETH) a month after recently cashing out on its dollar-cost averaging (DCA) buys throughout the first quarter of 2023. Blockchain analysis platform…
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OKX and Bybit remove sanctioned Russian banks from payments list
Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on Bybit and OKX. At least two major crypto exchanges followed Binance by excluding Russian banks under international financial sanctions from their payment options. Tinkoff Bank and Sberbank are no longer available on the list of peer-to-peer (P2P) transactions on Bybit…
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Laos pulls the plug on crypto mining electricity supply after drought
The drought that the country experienced in the first half of 2023 resulted in higher electricity demand and lower power generation capabilities from hydropower plants. Laos state-owned electricity distribution company Électricité du Laos (EDL) has announced that it will suspend electricity supply to crypto mining operations in the country, citing various reasons such as the…
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Google updates service policies to comply with EU regulations
Google and other major internet platforms must update their service policies to comply with EU standards from its Digital Services Act by Aug. 28. Google plans to update some of its service policies to comply with the European Union’s Digital Services Act (DSA), according to an Aug. 24 blog post. The Big Tech giant said…
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Laos decided to cut the electricity supply for crypto mining firms as an ongoing drought impacts the country’s power generation. Just over two weeks since its launch…
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What are large language models, and how to deploy them?
Explore the world of large language models and AI wonders designed to comprehend and generate human-like text. In recent years, the world of artificial intelligence (AI) has been revolutionized by the advent of large language models. These models, such as OpenAI’s GPT-3, have showcased the immense potential of AI in understanding and generating human-like text….
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