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Nalezeno "AI competition": 372

Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low


Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops...

Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months


Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE Supply Plummets as Competition Heats Up From Aug....

Apple Could Be Fined A Billion Dollars A Day


Back in March, the European Union brought in new rules that were designed to stop companies like Apple and Google from blocking third-party companies running their own in-app item stores. This was supposed to carve a path for games like Fortnite to be able to return to mobile, now they could...

Gamestop Shares Surge 70% as Roaring Kitty Returns to Social Media


Gamestop shares climbed by 70% today, representing the most significant gain since 2021, triggered by a mysterious social media post from Roaring Kitty, the figurehead of the earlier meme stock and Wall Street Bets craze. This sharp rise in the stock’s value occurred alongside pronounced...

Baroness’ Letter Sparks Debate on UK’s AI Market Competition


The UK government faces pressure to address copyright concerns and promote fair competition within the UK’s AI Market Competition. Learn about the challenges posed by generative AI, the role of Big Tech companies like Amazon and Microsoft, and the ongoing efforts to ensure a thriving and ethical AI ...

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