Kraken, the cryptocurrency exchange preparing for a potential public listing in the U.S. early next year, has seen the departure of four senior executives from the institutional side of the business, according to a person familiar with the matter. Those who have recently left Kraken are: David Olsson, global head of institutional sales; Shannon Kurtas, … Read more
MetaMask, the cryptocurrency wallet that grew to popularity within the Ethereum blockchain ecosystem, is likely to unveil details of its own custom U.S. dollar-pegged stablecoin shortly, potentially as soon as this week, according to a person familiar with the matter. The MetaMask stablecoin (mUSD) was already reported to be in the works thanks to a … Read more
Polymarket, the cryptocurrency-powered prediction market that recently attained a billion dollar valuation, is deciding whether to introduce its own customized stablecoin, or accept a revenue sharing deal with Circle based on the amount of USDC held on the platform, according to a person familiar with the plans. Polymarket’s motivation to create its own stablecoin is … Read more
Apple has released several open-source artificial intelligence (AI) models this year. These are mostly small language models designed for a specific task. Adding to the list, the Cupertino-based tech giant has now released a new AI model dubbed Depth Pro. It is a vision model that can generate monocular depth maps of any image. This … Read more
Apple recently released MLX — or ML Explore — the company’s machine learning (ML) framework for Apple Silicon computers. The company’s latest framework is specifically designed to simplify the process of training and running ML models on computers that are powered by Apple’s M1, M2, and M3 series chips. The company says that MLX features … Read more
Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a powerful free-of-charge alternative to pricey proprietary models sold by OpenAI and Google. The new version of the model, called Llama 2, will be distributed by Microsoft through its Azure cloud service … Read more
US-based cryptocurrency exchange Coinbase is preparing to re-enter the Indian market nearly two years after its exit. The company has begun discussions with potential partners to introduce UPI-linked services in the country, an industry source familiar with the matter, who wishes to be anonymous, told Gadgets 360. Coinbase first attempted to enable UPI-based crypto transactions … Read more
Apple plans to source more than 19 billion chips from the US this year, part of a global supply chain shift to gradually lessen its reliance on China and elevate India for iPhone production. Chief Executive Officer Tim Cook talked about leaning more heavily on Taiwan Semiconductor Manufacturing Co., which is expanding its Arizona operations … Read more
Securitize, one of the largest tokenized asset issuers, and oracle provider RedStone have released a whitepaper they say introduces a new model for securely verifying Net Asset Value (NAV) data on-chain, tailored specifically for tokenized private funds. The model, dubbed the Trusted Single Source Oracle (TSSO), is designed to address a key gap in decentralized … Read more