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ForkLog 159 10.09.2024

Apple Unveils New iPhones with AI Capabilities

Apple has unveiled its latest gadgets, including the iPhone 16 line, featuring the new Apple Intelligence artificial intelligence. The new generation of smartphones has been designed from scratch for AI. Key features include: an updated Siri capable of engaging in dialogue, learning, understanding natural speech with pauses, operating across all apps and switching between them, […]

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ForkLog 9 09.09.2024

DeSci Projects Predominantly Focus on Healthcare

In the realm of decentralised science (DeSci), healthcare-related projects are in the majority. This was stated by VitaDAO steward Alex Dobrin in a conversation with Cointelegraph. He believes this trend has partly emerged because the pace of new drug development “motivates taking science and development into one’s own hands.” Moreover, there is a growing negative […]

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ForkLog 8 09.09.2024

Analyst Predicts Final Corrections Before Bitcoin Bull Run

Bitcoin is poised for “final corrections” before the onset of a two-year bullish cycle, reminiscent of 2019, according to experts. The CPI report will be crucial for the market’s trajectory. During the current rebound, Bitcoin is expected to reach $55,500 before returning to $53,000, which will serve as a launchpad for upward movement, stated analyst […]

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ForkLog 15 09.09.2024

The Decline of DeSoc: Friend.Tech Abandons Smart Contracts and Farcaster Stagnates

Friend.Tech developers have relinquished administration of the protocol’s smart contracts. The social platform’s revenues have plummeted catastrophically. User activity metrics in Farcaster and Lens Protocol are stagnating. Developers of the Web3 social network Friend.Tech have transferred the administration and ownership rights of the project’s smart contracts to an Ethereum burn address. Admin and ownership parameters […]

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ForkLog 14 06.09.2024

Chainalysis: Russia’s Crypto Laws Aimed at Sanctions Evasion

In a new report, analysts at Chainalysis highlighted the adoption of “significant” laws in Russia that legalise mining and the use of cryptocurrencies for international payments. The company noted that the new direction represents a “significant departure” from the government’s previous stance, when in 2022 the Central Bank of Russia advocated for a complete ban […]

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ForkLog 34 05.09.2024

Binance Permanently Removes Changpeng Zhao from Management

The cryptocurrency exchange Binance has permanently removed former CEO Changpeng Zhao (CZ) from management. This was reported by Axios, citing the current head of the company, Richard Teng. The entrepreneur’s plea agreement with the U.S. Department of Justice mentioned a three-year term. CZ is serving a four-month prison sentence for charges related to money laundering […]

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ForkLog 4 05.09.2024

EigenLayer Announces Second Airdrop

The Eigen Foundation, the organization behind the restaking project EigenLayer, has announced the distribution of 86 million EIGEN tokens (~5.15% of the total supply) as part of the second season of the Stakedrop campaign. 1/ We’re excited to announce the EIGEN Season 2 Stakedrop in preparation for unlock! Season 2 will recognize key contributors and […]

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ForkLog 39 04.09.2024

OpenAI’s Ambitious Infrastructure Plans Unveiled

OpenAI CEO Sam Altman is embarking on an ambitious project to develop artificial intelligence hardware and systems worth tens of billions of dollars, according to Bloomberg, citing sources. In February, the agency reported Altman’s efforts to secure U.S. government approval for a large-scale chip manufacturing venture essential for neural networks. That same month, media outlets […]

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ForkLog 43 04.09.2024

Details of Trump Sons’ DeFi Project Unveiled by Media

The protocol World Liberty Financial, announced by Donald Trump’s sons, is set to focus on lending and will be built on the Ethereum blockchain and the Aave platform, according to CoinDesk. The publication examined the project’s white paper and found it describes a lending service “strikingly” similar to Dough Finance. The DeFi application lost $3.1 […]

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ForkLog 10 02.09.2024

Ethereum Community Proposes Solution to Inflation Issue

A Web3 researcher known as Cygaar has called for an increase in transaction fees for BLOB objects in Ethereum to restore the ETH burn rate. Right now the relationship between Ethereum L1 and its L2s is quite lopsided. L2s receive the benefits of Ethereum security without contributing much value back to ETH. There are two […]

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ForkLog 13 02.09.2024

Bitcoin Price Stabilises Below $58,000

The leading cryptocurrency fell by 8.6% in August. Historically, September sees an average decline of 4.5%. Analysts anticipate continued volatility but expect a medium-term recovery in optimism. The number of bitcoin wallets holding at least 100 BTC has reached a 17-month high (16,120). In the early hours of Monday, September 2, the price of the […]

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ForkLog 13 30.08.2024

Bitcoin Retreats to $59,000 Amid ETF Inflow Weakness

Negative trends in BTC-ETF persisted for the third consecutive day. The total exchange balance of bitcoins fell to a new low for the year. Traders remain cautious ahead of U.S. labor market data on September 6. On August 29, net outflows from spot bitcoin ETFs amounted to $71.7 million, according to SoSoValue. This was one […]

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