Month: May 2023

Arbitrum’s DAO to receive over 3,350 ETH revenue from transaction fees

boss

Ethereum layer-2 blockchain Arbitrum will distribute ETH (ETH) tokens worth nearly $6.2 million to its decentralized autonomous organization (DAO), the project announced May 9 on Twitter. ARB holders must claim the rewards. The funds to be collected are base fees and surplus revenue generated from network transactions. According to Arbitrum’s tweet, a total of 3,352 ETH will be collected by its DAO. As internet-native organizations, DAOs are collectively owned and managed by their members. They have treasuries and make decisions through proposals voted on by the group. Big news Arbinauts! Arbitrum is the only…

Court Documents Allegedly Thrown at NBA Star’s Car – Bitcoin News

boss

In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the document, servers allegedly hurled the court documents at Shaq’s car, ultimately landing on the public street near his Georgia residence. Shaq’s Legal Team Fights Back Against FTX Lawsuit In Monday’s legal filing, Shaq’s lawyers contested the proper service claims, following the Moskowitz Law Firm’s disclosure that they had served O’Neal and that the service was captured on his home…

Shira Lazar and Deepak Chopra Release NFT Collection

Minting a JOMO Effect NFT donates primary sale profits to five mental health charities, including the American Foundation or Suicide Prevention. Collectors can also participate in Chopra’s Soul of Leadership course, access to Peace Inside Live’s meditations and mindfulness materials, claim a 30% discount for an Unstoppable Domain, and more. Source

Synopsis Summit Comes to Istanbul on October 5–6, 2023 – Press release Bitcoin News

boss

press release PRESS RELEASE. The international web3 summit Synopsis announced that its 6th edition will be held offline in Istanbul on October 5–6, 2023. Synopsis Istanbul is devoted to all things digital economy and web3. It suits seasoned industry professionals, newcomers, projects willing to broaden their reach, and individuals eager to know where the industry is heading next. The summit gathers industry leaders to discuss the following topics: Blockchain innovations Artificial Intelligence Crypto exchanges DeFi Metaverse & gaming Mining NFT, SFT and IP Startups TA & trading Web 3.0 Synopsis…

BTC, Crypto Liquidity on the Brink as Jane Street and Jump Exit

An absence of liquidity, which is what the crypto industry will experience as several market makers jump ship, causes an increase in volatility as it takes less capital to move an asset. This, coupled with this highly-leveraged nature of crypto markets, has the potential to create a credit risk that could spread to all sectors of finance. Source

What is Google’s Bard, and how does it work?

boss

Following ChatGPT’s success, Google released its AI chatting service, Bard. Here’s all you need to know about the next generation of the AI-powered chatbot. Google Bard’s alternatives AI chatting has been around for a while, although only more recently have chatbot technologies been increasingly adopted thanks to their growing ability to provide natural language conversations. Many tech startups have worked on developing their own AI chatting service other than OpenAI’s ChatGPT. Here is a list of some of Bard’s competitors to watch. Microsoft Bing Microsoft has partnered with OpenAI to…

Here’s why crypto prices are down

boss

In today’s The Market Report episode, analyst and writer Marcel Pechman discusses why crypto prices are going down after Bitcoin (BTC) failed to break above $29,000, plus whether or not Jerome Powell is lying about keeping interest rates above 5%, and lastly, what Warren Buffett meant by the “incredible period” coming to an end. The show airs every Tuesday on the Cointelegraph Markets & Research YouTube channel. The first news article explains why Bitcoin has been trading in a narrow range near $28,000. The culprit? The standoff between markets and…

BNB NFT marketplace Tabi raises $10M in angel funding

Tabi, the nonfungible token marketplace previously as Treasureland, has completed a $10 million angel funding round, the BNB Chain-based platform announced on May 10. The funding was seeded by venture capital firms Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures and Youbi Capital. Individual investors include Bo Feng of Dragonfly Capital, Riyad AD of Saudi Arabia, and Suji Yan of Mask Network. According to developers, the funds will be primarily used to develop Tabi’s gaming ecosystem and construct its upcoming on-chain identity protocol. Aside from its NFT…