There are many in the Web3 space who have only recently jumped into AI. Illia Polosukhin isn’t one of them. Long before he co-founded the decentralized app blockchain protocol NEAR, Polosukhin worked at Google as an AI researcher and co-wrote the seminal 2017 paper “<a href=”httpss://openreview.net/forum?id=H1ZGYPb_ZS&referrer=%5Bthe%20profile%20of%20Illia%20Polosukhin%5D(%2Fprofile%3Fid%3D~Illia_Polosukhin1)” target=”_blank”>Attention is All you Need</a>,” which is widely credited […]
BlackRock’s Bitcoin ETF Drops Most in 4 Months Amid Quantum Computing FUD
BlackRock’s spot bitcoin (<a href=”httpss://www.coindesk.com/price/bitcoin/ ” target=”_blank”>BTC</a>) exchange-traded fund (ETF), tickered IBIT on Nasdaq, dropped on Tuesday as the overheated crypto market cooled and unfounded concern that bitcoin’s security might be compromised by quantum computing percolated across social media. IBIT’s price fell 5.3% to $54.73, the biggest single-day drop since early August, according to data […]
Dev’s Defection Highlights Ethereum’s Growing Solana Problem
Ethereum’s place near the top of the crypto market is unquestioned from the perspective of market cap. But beneath the surface – at the product, developer and decision-making levels – the original smart contracts platform continues to take a beating from Solana, one of its closest competitors. The threat may not yet be existential. Ethereum […]
Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins
A slow bleed in crypto since late in the weekend accelerated into the early evening U.S. hours on Monday, leaving nearly the entirety of the sector sharply lower. With prices in quick retreat, bitcoin (BTC) at press time had fallen back to just above $95,000, down about 5% over the past 24 hours. Ether (ETH) […]
November Was a ‘Monumental’ Month for the Crypto Market, JPMorgan Says
November was a monumental month for the crypto market in terms of performance, activity, politics and sentiment, JPMorgan (JPM) said in a research report Monday. “President-elect Donald Trump’s reelection triggered a historic rally and jump in market caps across the crypto ecosystem,” analysts led by Kenneth Worthington wrote. This included tokens, decentralized finance (DeFi), stablecoins […]
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