DeFi Platform dYdX Tops Uniswap in 24-Hour Trading Volume
Cosmos-based decentralized finance (DeFi) protocol dYdX surpassed one of Uniswap’s markets to become the largest decentralized exchange (DEX) in terms of 24-hour trading volume, thereby claiming the top spot. Based on the interchain protocol Cosmos, 24 hours of trading volume for dYdX v4 reached a maximum of $757 million, according to the data monitoring platform […]
Google Forecasts Layoffs in 2024 to Propel AI Initiatives
On January 17, Sundar Pichai, the CEO of Google, issued an internal memorandum predicting that additional layoffs will be necessary by 2024 to achieve the company’s “ambitious goals” across multiple domains, artificial intelligence (AI) included. In the memo titled “2024 priorities and the year ahead,” Pichai stated, CNBC and The Verge observed and reported, “We […]