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Technology

A collection of 219 issues

Tim Cook to Attempt Bringing Apple Back into the Tech Race This Week as Cupertino Giant Lags Behind

Last year, during the developer conference, Tim Cook notably avoided mentioning artificial intelligence (AI), opting instead to unveil the Apple Vision Pro augmented reality headset. The reveal was a flop. For a long time, Apple remained silent about OpenAI, ChatGPT, and AI, seemingly ignoring this groundbreaking technology. Apple missed the

MEV Bot "jaredfromsubway.eth" Spends $820,000 on Ethereum Transaction Fees in a Single Day

In the constantly evolving landscape of cryptocurrency, transaction fees can sometimes soar to staggering amounts. The MEV bot known as "jaredfromsubway.eth" has recently made headlines by spending a substantial sum of 212.85 ETH, approximately $820,000, on gas fees alone from June 5 to June 6, 2024. This

FTX Ready to Pay IRS $885 Million, Proposing $200 Million Upfront and $685 Million Later, But IRS Plans to Contest the Agreement in Court

Cryptocurrency exchange FTX has submitted a draft agreement to the U.S. Internal Revenue Service (IRS), proposing to pay $885 million to settle tax disputes. Of this amount, $200 million will be paid as a priority claim, and $685 million will be paid after settling other claims. According to the

Mint Project Secures $5 Million in Funding to Revolutionize the NFT Industry with Layer-2 Solutions

The Mint project team has proudly announced the completion of their initial funding round, successfully raising $5 million. This significant financial milestone was supported by a host of venture capital firms including SNZ Capital, Antalpha Ventures, BlockAI Ventures, and Predator Capital. This funding round marks a pivotal moment for Mint

BlackRock Invests Over $4 Million in Its Own Bitcoin ETF

In a significant move within the cryptocurrency investment space, BlackRock has recently made a substantial investment in its own spot Bitcoin exchange-traded fund (ETF). According to filings with the Securities and Exchange Commission (SEC), two of BlackRock's funds, the BlackRock Strategic Income Opportunities Portfolio Institutional Shares (BSIIX) and the BlackRock

Semler Scientific Invests $40 Million in Bitcoin, Adding 581 BTC to Its Reserves

In a notable move within the medical technology sector, Semler Scientific has acquired 581 BTC for $40 million, signaling a strategic shift towards incorporating cryptocurrencies into its financial reserves. The company, which specializes in marketing technologies for the healthcare industry, announced that it now considers Bitcoin a primary treasury reserve,

Demand for Ethereum Spot ETFs Could Reach 25% of Bitcoin Fund Levels, Predicts Expert James Seyffarth

In the dynamic world of cryptocurrency investments, Ethereum-based financial products are gaining notable attention. According to James Seyffarth, a Bloomberg analyst, the demand for Ethereum spot Exchange Traded Funds (ETFs) could potentially rise to represent 25% of the market demand seen by their Bitcoin counterparts. Seyffarth shared his insights during

Biden Campaign Team Seeks Meme Specialist for Pre-Election Push

The Biden reelection campaign has recently posted a job opening for a digital content and meme expert, highlighting the modern strategies political campaigns employ to engage voters. The job listing, found on the Lever employment website, outlines the need for a dynamic individual capable of spearheading the production of engaging

Mint Project Team Announces Mainnet Launch for Developers and Introduces GreenID SBT Tokens for Mint Forest Users

The team behind the Mint blockchain has officially announced the launch of a mainnet specifically tailored for developers. This development is a significant step in allowing them to test their solutions in a real-world environment before the public rollout scheduled for July 2024. The mainnet launch is part of Mint's

LayerZero Labs Halts 'Sybil Hunting' Program Temporarily as Reports Overwhelm the Team

LayerZero Labs, under the leadership of CEO Bryan Pellegrino, has announced a temporary halt to their 'Sybil Hunting' initiative. The program, designed to root out deceptive participants in their token distribution campaign, encountered an overwhelming number of reports concerning potential 'sybils'—fraudulent entities attempting to manipulate the system. The initiative