Adi Shamir, co-inventor of the RSA cryptographic algorithm and a Turing Award winner, said at the RSA security conference in San Francisco that "the world would be better off without cryptocurrencies". He pointed out that despite the lofty ideals set forth in the Bitcoin white paper, cryptocurrencies are currently highly concentrated in a few large exchanges, mainly used for speculation rather than payment, and facilitate the spread of malicious software.
On April 17, Project Eleven, a quantum computing research firm, offered 1 bitcoin for its inaugural "Q-Day Prize" (a global award that will be given to the team that cracked the elliptic curve encryption (ECC) key on a quantum computer for the first time in a year using Shore's algorithm. As Project Eleven pointed out, Bitcoin uses the Elliptic Curve Digital Signature Algorithm (ECDSA) for transaction signing; quantum computers use Shore's algorithm, which can theoretically be derived from publi...
On February 19, the decentralized AI neural networks algorithm protocol Uswap.ai announced the completion of 1.50 million US dollars financing, led by Waterdrip Capital. Uswap is a decentralized AI neural networks algorithm protocol that integrates AI agents into decentralized exchanges (DEX) and on-chain transactions, enabling the rapid creation of liquid pools of various consensus assets.
Musk's announcement that he is about to make changes to the X algorithm to prioritize the promotion of content that is considered informative or educational has met with widespread opposition. Musk said the planned changes were in response to "too much negative news" on X. "Our goal is to maximize usage time that users don't regret," he wrote in a January 3 post from social media. "Too much negative news is pushed, which technically increases usage time, but not usage time that users don't regre...
On November 24th, according to the official account of "Netcom China" WeChat, since the issuance of policy documents such as "Guiding Opinions on Strengthening the Comprehensive Governance of Internet Information Service Algorithms" (hereinafter referred to as "Guiding Opinions") and "Regulations on the Recommendation and Administration of Algorithms for Internet Information Services", various departments and regions have strengthened their organization and promotion, and website platforms have ...
SEC Chairperson Gary Gensler said that whether it is using algorithms or artificial intelligence models to defraud the public is a fraud, which is not just a problem we face, other agencies such as the Federal Trade Commission will also face a similar situation. The SEC is focusing on how to reduce costs in the system every day. It needs to reduce costs through competition, transparency, etc., and ensure market accessibility. At the same time, it should also pay attention to the resilience of th...
Frax Finance, a hybrid algorithmic stablecoin protocol, announced a partnership with Karak, a re-staking layer, to introduce native re-staking functionality and DSS (Decentralized Security Service) into the Frax Finance ecosystem and support this functionality natively on Fraxtal, accelerating the vision of universal verifiable finance.
Sui tweeted that its mainnet will integrate Mysticeti, a DAG-based consensus algorithm, and that the upgrade process will be carried out in several steps in the coming weeks. Officials said that Mysticeti took 390 milliseconds to reach consensus on the test network and the final settlement time was 640 milliseconds, which is 80% less than Narwhal-Bullshark. In addition to decoupling latency from throughput, the algorithm also maintains extremely high throughput (even in the event of network and ...
1. Algorithmic crypto trading platform Tread.fi complete 3.50 million USD financing; 2. The Web3 infrastructure agreement ThirdFi.org completed 2 million USD token financing; 3. Dora completed a $5.50 million financing, Dragonfly and Lemniscap co-led the investment; 4. Artificial intelligence startup Captions completed a $60 million financing, led by Index Ventures; 5. Frumtak Ventures' fourth fund has raised $84 million, focusing on the intersection of AI and deep technology; 6. Frictionless Ca...
Tread.fi, an algorithmic crypto trading platform founded by former Morgan Stanley employees, completed a $3.50 million seed round led by New Form Capital, with participation from Aquanow, Varys Capital, GBV Capital, Thanefield Capital and others. Tread.fi founder and CEO David Jeong, a former vice president of quantitative research at Morgan Stanley, declined to comment on the valuation, but said the round was structured using a simple agreement for rolling future equity (SAFE) with a symbolic c...
In an official blog post, the EOS Web Foundation said that Spring 1.0 and Savanna consensus algorithms will be the most important upgrades to EOS since the launch of the network. To ensure a smooth rollout and secure transition, the EOS Web Foundation is updating the release time and community testing guidelines. The stable version is scheduled for September 4, 2024, and the hard fork or consensus upgrade is scheduled for September 25, 2024.
Material Indicators LLC, a fintech startup that provides algorithmic trading indicators and tools, said that Bitcoin is facing strong technical resistance at its 200-day moving average, and if the bulls can break through that resistance by Sunday's close, then that should drive some short-term momentum. If Bitcoin fails to do so, be prepared that the market will test support in the $50,000 to $53,000 range.
The Algorand Foundation has launched AlgoKit 2.0, claiming that it has made Algorand the first L1 blockchain to use Python as its native programming language. The team stated that popular applications such as Instagram, Spotify, and Uber are all written in Python and are used by over 10 million software developers worldwide. AlgoKit 2.0 is an upgraded version of the AlgoKit command-line interface (CLI) - a simple one-stop tool. Algorand is a toolkit for building on Algorand. It allows developers...