AI Startups Secure Record $11.8B in Q3 Funding
Despite a broader decline in venture capital, AI startups raised $11.8 billion in Q3 2024, representing 30% of total funding. Investor interest remains strong despite challenges like chip restrictions and valuation concerns. Artificial intelligence entrepreneurs experienced another quarter of robust cash infusions, despite a general decrease in venture capital funding. AI startups raised $11.8 billion […]
Economists Back Vitalik Buterin for Nobel Prize
Vitalik Buterin, the creator of Ethereum, may be eligible for the Nobel Prize in Economics due to his contributions to cryptocurrency, according to two distinguished economists who recently participated in a podcast. This occurs before the award announcement on Monday, October 14. Tyler Cowen and Alex Tabarro, two economics professors, discussed the potential winners of […]
AVAX, TRX Face Pressure as RollBlock Reaches New Highs
In recent weeks, Layer 1 currencies, including Tron (TRX) and Avalanche (AVAX), have encountered difficulties in this overcrowded sector of the crypto market due to their lackluster price action. In distinct contrast, the Rollblock ($RBLK) presale, which is highly regarded, is still the most closely guarded secret in web3 and is expected to make remarkable […]
Figment Capital Leads $3M Seed for Semantic Layer
Semantic Layer raised $3 million in seed funding, led by Figment Capital, to enhance dApp transaction execution with its Verifiable Aggregation and Sequencing Rules tools. Semantic Layer, a developer of decentralized application (dApp) infrastructure, has secured $3 million in initial financing, which accounts for the entirety of the company’s funding to date. Hack VC, Robot […]
User Spends $700K on Ethereum Transaction Fee
A user recently paid a staggering 288 ETH, around $700,000, in transaction fees on the Ethereum blockchain, sparking curiosity. Typically, Ethereum gas fees are much smaller, making this unusually high fee noteworthy. A user recently paid a substantial fee of 288 Ethereum ($ETH), which is equivalent to approximately $700,000, for a single transaction in an […]