Day: April 28, 2023

European Market Shakes Off Recession Fears but Misses Q1 2023 Growth Estimates

The European market recorded a gross domestic product (GDP) of 0.0 percent in the first quarter of 2023 compared with the fourth quarter of 2022. The European economy displayed market resilience during the first quarter despite being cut off from the Russian oil and gas supply since the invasion of Ukraine. The EU market was, however, marred by rising inflation amid bank deposits flight similar to the United States banking crisis. Nonetheless, the European Central Bank has continued to raise interest rates, with the recent update pushing by 50 basis…

Google Cloud to optimize Polygon zkEVM scaling performance

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Polygon Labs and Google Cloud announced a multi-year partnership at Consensus 2023 that will see the cloud computing service provider help boost the development of the Ethereum (ETH) scaling protocol’s tools and infrastructure. Polygon’s core protocols, including Polygon PoS (proof-of-stake), Polygon zkEVM and Polygon Supernets, are set to benefit from the provision of Google Cloud’s framework and developer tools. The partnership is aimed at simplifying developer integration to build, launch and grow Web3 products and decentralized applications (DApp) on Polygon. Google Cloud’s partnership with the ecosystem is expected to advance Polygon’s…

9 Common interview questions for AI jobs

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Artificial intelligence (AI) is a rapidly growing field, and as a result, the job market for AI professionals is expanding. AI job interviews can be particularly challenging because of the technical nature of the field. However, technical expertise is not the only factor that interviewers consider. Non-technical candidates who can demonstrate an understanding of AI concepts and an eagerness to learn are also valued. Technical candidates should be prepared to answer questions that test their knowledge of machine learning algorithms, tools and frameworks. They may be asked to provide detailed…

Investment Bank H.C. Wainwright Believes Crypto Winter Is Over, Rates Coinbase Stock as ‘Buy’ 

Analysts at H.C. Wainwright have said that the crypto winter of 2022 ceases to have any bearing on related stocks.  H.C. Wainwright believes that the crypto winter is over and has called for a buy on Coinbase (NASDAQ: COIN) stock. According to the New York-based investment bank, Coinbase stands to benefit from global digital asset economy growth sooner rather than later. H.C. Wainwright released a statement on Wednesday that underscored its bullishness on the prices of crypto assets. The investment banking platform wrote: “Crypto asset prices have rallied 45% YTD, supported by a 67%…

Comedy club NFT debacle teaches lesson in transparency

In Venezuela, humor plays an important role, either as a form of protest or a way to make sense of reality.  In November 2021, humor and nonfungible tokens (NFTs) were combined with the launch of the Comedy Monsters Club (CMC) project. The project was led by Roberto Cardoso, better known by his former stage name “Bobby Comedia,” and co-founded with brothers José David Roa and David Roa. The project was advertised as the only comedy club to use NFT collectibles as membership. However, the hype would quickly turn to confusion…

Ex-Epic Games Exec Will Become CTO og Bored Apes Yacht Club (BAYC) Creator Yuga Labs

“Mike has a proven track record of taking organizations to the next level, and he shares our vision for how important digital identity and community will be for the future of the internet. We have an opportunity to be the Web3 platform at the forefront of entertainment, and Mike’s expertise will help us scale to achieve that,” said Yuga Labs CEO Daniel Alegre in the press release. Source

Google Cloud Joins Hands with Polygon Labs to Boost Web3 Adoption

As part of the partnership, Google will bring the Blockchain Node Engine, which is Google’s fully managed node hosting service, to the Polygon ecosystem. In a recent development, Google Cloud announced its partnership with Polygon Labs and will thus make it easier for developers to build, launch, as well as grow their Web3 products and other decentralized applications on the Layer-2 scalability platform of Ethereum. This strategic alliance will help in boosting the transaction throughput which will unlock several use cases in the sectors of supply chain, gaming, and decentralized…