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Coinbase to Launch Base Layer-2 for Public Access

Coinbase to Launch Base Layer-2 for Public Access

The cryptocurrency exchange Coinbase will open access to its Base layer-2 platform to the general public on August 9. As stated by Jesse Pollak, the protocols lead at Coinbase, “Base’s bridging functionality is up and running, and the mainnet will be open to everyone by August 9.” Thanks to the recently constructed bridge, users can […]

BlockFi Victims Will Receive Compensation

BlockFi Victims Will Receive Compensation

As the U.S. bankruptcy court in New Jersey provisionally accepts its disclosure statement, the beleaguered cryptocurrency lender, BlockFi moves closer to paying back its consumers. BlockFi’s efforts to restructure and reimburse its customers have advanced thanks to the U.S. bankruptcy court in New Jersey’s conditional approval of its disclosure statement. Mark Renzi, Berkeley Research Group’s […]

Alibaba Releases Two Open-sourced AI Models

Alibaba Releases Two Open-sourced AI Models

Chinese IT and e-commerce behemoth Alibaba has unveiled two open-sourced AI models, Qwen-7B and Qwen-7B-Chat. According to a press release, the Chinese tech and e-commerce behemoth Alibaba Group announced the availability of two open-sourced artificial intelligence (AI) models on August 3. Qwen-7B and Qwen-7B-Chat are the names of its two large language models (LLMs), each […]

Polygon Accuses zkSync of IP Theft

Polygon Accuses zkSync of IP Theft

Polygon has accused zero-knowledge rollup zkSync of copying its code without attribution and in the process, made some false claims about the original work. Zero-knowledge rollup zkSync, which recently achieved notable milestones, has been charged by Polygon for duplicating its code without acknowledgment and, in the process, making certain false claims about the original work. […]

Futureverse Co-founders Open $50 Million Venture Fund

Futureverse Co-founders Open $50 Million Venture Fund

Futureverse co-founders Shara Senderoff and Aaron McDonald have introduced a new $50 million venture fund and studio. Futureverse is an artificial intelligence and metaverse firm. The “Born Ready” fund, which will invest in startups with the potential to integrate with Futureverse or the metaverse blockchain The Root Network, was announced on August 3. According to […]