The Artificial Intelligence Chipsets market is projected to grow from $70.3 billion in 2023 to $291.8 billion by 2030, fueled by AI adoption across industries. Key drivers include the need for high-performance processing, energy efficiency, and the rise of edge computing. Major players like AMD and Google are innovating specialized AI hardware to meet growing … Read more
Ethereum’s Dencun Upgrade (EIP 4844) significantly reduces transaction fees, enhancing accessibility and encouraging adoption of decentralized applications. Following this upgrade, user engagement has surged with transaction volumes skyrocketing, showcasing Ethereum’s ability to adapt and scale. With features like ‘blobs’, the upgrade redefines interactions between Layer 1 and Layer 2 solutions, marking a pivotal era in … Read more
Silicon Valley is grappling with the realization that the rapid advancements in AI may be slowing down. Despite massive investments in large AI models, industry insiders are noting that the expected progression toward artificial general intelligence appears to be stalling. Experts suggest that merely increasing size and data may be insufficient for continued growth, prompting … Read more
Bitcoin halving occurs every four years, reducing mining rewards by 50% and impacting supply and price dynamics. The most recent halving on April 19, 2024, adjusted the reward to 3.125 BTC, historically associated with price increases. This event is crucial for addressing inflation and creating opportunities for investors, although it can diminish profitability for miners. … Read more
Ethereum is a decentralized blockchain platform launched in 2015, enabling developers to build smart contracts and decentralized applications. It functions as both a cryptocurrency (ETH) and a framework for innovative digital solutions, making it a cornerstone of the future internet. The platform has transitioned to a proof-of-stake system, enhancing efficiency while significantly evolving in terms … Read more
Bitcoin’s price skyrockets to over $62,000 following a Fed interest cut and rising concerns over U.S. debt. BlackRock’s insights signal increased institutional interest, especially with the SEC approving options on its IBIT ETF. The combination of these factors suggests the early stages of a potential Bitcoin bull market driven by economic uncertainties. In a surprising … Read more
Bitcoin, introduced in 2009, aimed to revolutionize finance but has faced volatility and scandals. The coming decade will see continued interest from speculators, ongoing blockchain development, and the significant impact of halvings on its price. Despite challenges in decentralization, scalability, and security, Bitcoin’s global adoption is growing, with regulatory landscapes shifting dramatically. Yet, the future … Read more
Vitalik Buterin has praised Starknet’s v0.13.3 update, which significantly reduces blob gas fees by five times, enhancing Ethereum’s Layer 2 scalability and cost efficiency. This upgrade implements state-diff compression and transaction squashing to improve data processing while also benefiting Ethereum’s tokenomics by permanently burning part of the transaction fees, leading to a reduced ETH supply. … Read more
Bitcoin recently reached new all-time highs in multiple currencies, while teasing near misses against the US dollar. Innovations like Solana’s sUSD aim to democratise access to treasury bills, and partnerships in Hong Kong are redefining loyalty points. The crypto fervour is also reflected in Korean stock markets, despite the US Treasury’s cautious stance on cryptocurrencies. … Read more
Ethereum developers have set March 13 for the Dencun upgrade, featuring proto-danksharding to reduce layer-2 transaction costs. Following successful tests, including a smooth deployment on the Holesky testnet, the upgrade is seen as a pivotal step for Ethereum since April 2023. It aims to enhance data availability and is part of an ongoing roadmap leading … Read more