While the momentum in open-source generative AI is strong, a more detailed analysis shows a different reality. Open-source generative AI is facing a massive funding issue. When it comes to large foundation models, only large […]
TLDR Base, an Ethereum layer-2 network, has surpassed $8 billion in Total Value Locked (TVL), becoming the second-largest Ethereum scaler behind Arbitrum One. Base leads all Ethereum layer 2s in transactions per second (TPS) over […]
Bitcoin was little changed over the weekend following a $400 million liquidation rout on Friday. BTC fell to under $69,000 from over $71,000 after U.S. non-farm payrolls data came in stronger than expected, which saw […]
TLDR Ethereum (ETH) spot ETFs are expected to attract significant inflows, potentially reaching $4 billion within the first five months of trading. Analysts predict that ETH might outperform Bitcoin (BTC) in the second half of […]
Bitcoin (BTC) has revolutionized the financial world with its decentralized, secure and transparent nature. Although it was the first cryptocurrency, Ethereum (ETH) pioneered the development of the entire decentralized finance, or DeFi, ecosystem. Now, Bitcoin […]
TLDR Fhenix, an Ethereum Layer 2 network focused on data confidentiality, has raised $15 million in a Series A funding round led by Hack VC, bringing its total funding to $22 million. Fhenix has launched […]
Bitcoin could be primed for a surge to $83,000, according to analysis by 10x Research. The breakout is contingent on BTC moving above $72,000 to complete an inverted head-and-shoulders pattern in which an asset experiences […]
TLDR Coinbase’s Ethereum Layer 2 network, Base, generated over $6 million in on-chain profits in May, outperforming competitors like Blast and Optimism. Base’s total value locked (TVL) has seen significant growth, nearly sextupling from $1.3 […]
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TLDR Ethereum ecosystem’s active users have increased ninefold since 2020, with over 2.25 million daily active users in Q1 2024 VanEck analysts predict ETH could hit $22,000 by 2030, driven by growing demand and scaling […]
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