🚀 SmartChain Invests In SmartWatch To Enhance DePIN Ecosystem
#SmartChain #SmartWatch #DePIN #Web3 #CoralApp #Blockchain #DAO #Ecosystem #Investment
According to Odaily, the public blockchain SmartChain, which focuses on the DePIN sector, has announced its investment in SmartWatch as a crucial component of its ecosystem. This move aims to provide diversified services and participation opportunities for users through strategic collaborations with the DePIN DAO Ecosystem Alliance and the leading Web3 mobile platform CoralApp. The initiative is expected to accelerate the development and implementation of Web3 DePIN applications.#SmartChain #SmartWatch #DePIN #Web3 #CoralApp #Blockchain #DAO #Ecosystem #Investment
🚀 NodeMonkes NFT Floor Price Drops Over 17% in 24 Hours
#NodeMonkes #NFT #FloorPrice #BTC #MagicEden #TradingVolume #Crypto #Rocktoshi #Ordinals #CaseyRodarmor
According to BlockBeats, the floor price of the NodeMonkes NFT series has dropped to 0.108 BTC, marking a decline of over 17% within the past 24 hours, as per data from MagicEden. The total trading volume for this NFT series has reached 4851 BTC, with approximately 5600 holding addresses and around 1500 listed sell orders.
Previously, BlockBeats reported that on September 4, NodeMonkes founder Rocktoshi claimed on social media to be a co-founder of Ordinals. This claim was subsequently refuted by Ordinals founder Casey Rodarmor, who stated that Rocktoshi's assertions were false and that he is notorious within the community. Despite this, Rocktoshi maintains that his statements are truthful.#NodeMonkes #NFT #FloorPrice #BTC #MagicEden #TradingVolume #Crypto #Rocktoshi #Ordinals #CaseyRodarmor
🚀 New AI Chatbot Learns From Its Mistakes
#AI #Chatbot #HyperWrite #Reflection70B #OpenSource #ReflectionTuning #LanguageModels #SelfCorrection #AIHallucinations #ArtificialGeneralIntelligence #Microsoft #OpenAI #MachineLearning #TechInnovation
According to Cointelegraph, a new artificial intelligence chatbot named 'Reflection 70B' has been introduced by HyperWrite AI. CEO Matt Shumer announced the development on Sept. 5, claiming it to be the world's top open-source model. The AI was trained using a technique called 'Reflection-Tuning,' designed to enable large language models (LLMs) to correct their own mistakes.
Reflection Llama-3.1 70B, which is Meta's open-source AI launched in July, can compete with top closed-source models like Anthropic’s Claude 3.5 Sonnet and OpenAI’s GPT-4o in several benchmarks, according to Shumer. He explained that current AI models often hallucinate, meaning they generate inaccurate outputs by perceiving patterns or objects that do not exist. Reflection-Tuning aims to address this by allowing AI to recognize and correct its mistakes before finalizing an answer.
Reflection tuning involves feeding AI responses back into the model, asking it to evaluate its own outputs to identify strengths, weaknesses, and areas for improvement. This iterative process helps the AI continuously refine its capabilities, making it more self-aware and better at critiquing and improving its performance. Shumer noted that with the right prompting, the new model is highly effective for various use cases.
In 2023, Microsoft-backed OpenAI released a research paper discussing methods to prevent AI hallucinations. One proposed idea was 'process supervision,' which involves training AI models to reward themselves for each correct step of reasoning rather than just the final correct conclusion. Karl Cobbe, a researcher at OpenAI, emphasized the importance of detecting and mitigating logical mistakes or hallucinations as a critical step towards building aligned artificial general intelligence (AGI).#AI #Chatbot #HyperWrite #Reflection70B #OpenSource #ReflectionTuning #LanguageModels #SelfCorrection #AIHallucinations #ArtificialGeneralIntelligence #Microsoft #OpenAI #MachineLearning #TechInnovation
🚀 Runestone Founder Criticizes Rocktoshi's Behavior
#Runestone #Rocktoshi #Leonidas #criticism #ecosystem #manipulation #intimidation #community #support #behavior
According to Odaily, Leonidas, the founder of Runestone, expressed his concerns on the X platform regarding the behavior of Rocktoshi. Leonidas stated that he is not concerned about the co-founder title issue but highlighted that Rocktoshi is not friendly in private interactions. He questioned why someone with a deep-seated pattern of manipulation, intimidation, lying, and harassment has been allowed to thrive in the ecosystem for so long. Leonidas mentioned that many people have had bad experiences with Rocktoshi and regretted not speaking out sooner.
Leonidas further explained that while most people perceive Rocktoshi as a friendly individual who occasionally sends private messages or posts humorous tweets, only a few have seen the troubling behavior behind the scenes. He emphasized the importance of addressing such issues within the community to maintain a healthy and supportive environment.#Runestone #Rocktoshi #Leonidas #criticism #ecosystem #manipulation #intimidation #community #support #behavior
🚀 Long-Term Investor Sells MKR After 7 Years
#LongTermInvestor #MKR #Cryptocurrency #Investment #TokenSale #BlockBeats #ETH #Profit #MarketTrends
According to BlockBeats, a prominent investor has sold MKR tokens after holding them for seven years. The investor initially purchased 451.5 MKR in 2017 when the price was approximately $23 per token. Around five hours ago, the investor sold 251.5 MKR for 172.5 ETH, equivalent to about $408,000, achieving an average price of $1,624 per token, marking a 70-fold increase.#LongTermInvestor #MKR #Cryptocurrency #Investment #TokenSale #BlockBeats #ETH #Profit #MarketTrends
🚀 Euler Finance Hacker Praises Penpie Hacker for Non-Cooperation
#EulerFinance #Penpie #Hacker #CryptoTheft #BlockchainSecurity
According to BlockBeats, on September 6, on-chain data revealed that the hacker who stole $197 million from Euler Finance in March last year left a message for the Penpie hacker. The message praised the Penpie hacker for their refusal to return the stolen funds to the project team.#EulerFinance #Penpie #Hacker #CryptoTheft #BlockchainSecurity
🚀 SunPump Warns Users of Fake Website Risks
#SunPump #FakeWebsite #FraudulentWebsites #UserSafety #FinancialSecurity #MaliciousAdvertisements #OnlineSafety #CyberSecurity
According to Foresight News, SunPump has issued an official announcement urging users to be cautious of fraudulent websites. The company noted that recently, some users have been misled by malicious advertisements when searching for 'SunPump' on Google, leading them to fake websites. These deceptive links pose potential risks to users' financial security.
SunPump advises users to verify the source carefully when visiting websites and to avoid clicking on unknown links. The company recommends accessing the platform directly through the official address. Currently, the SunPump team is actively communicating with relevant platforms to resolve this issue and ensure a safe experience for users.#SunPump #FakeWebsite #FraudulentWebsites #UserSafety #FinancialSecurity #MaliciousAdvertisements #OnlineSafety #CyberSecurity
🚀 August Nonfarm Payroll Reports Often Fall Below Expectations, Analyst Notes
#NonfarmPayroll #AugustReports #LaborStatistics #EmploymentTrends #SeasonalAdjustment #EconomicForecast #USLaborMarket
According to Odaily, Forexlive analyst Adam Button has highlighted a recurring seasonal anomaly in the U.S. nonfarm payroll reports for August. Over the past 23 years, the initial data for August has fallen short of expectations in 17 instances. This trend suggests a 70% likelihood of the data being lower than anticipated before revisions. Button notes that despite the past two years showing figures slightly above expectations by 15,000 and 17,000 respectively, the U.S. Bureau of Labor Statistics may be improving its seasonal adjustment methods.
Another point of interest is the disappointing July employment report, which may have been negatively impacted by Hurricane Beryl. This could potentially lead to a rebound in the August figures. The pattern of lower-than-expected initial reports in August has been a notable trend for over two decades, indicating a significant seasonal adjustment challenge for the labor statistics bureau.#NonfarmPayroll #AugustReports #LaborStatistics #EmploymentTrends #SeasonalAdjustment #EconomicForecast #USLaborMarket
🚀 Ethereum-Based Meme Project FFTP Sees 28% Surge in 24 Hours
#Ethereum #FFTP #MemeCoin #Cryptocurrency #USPresidentialElection #PriceSurge
According to Odaily, the Ethereum blockchain-based meme project FFTP has experienced a significant 28% increase in its value over the past 24 hours. The current price of FFTP stands at $0.0000016. FFTP, which stands for Fighting For The People, is a meme coin themed around the U.S. presidential election.#Ethereum #FFTP #MemeCoin #Cryptocurrency #USPresidentialElection #PriceSurge
🚀 Aevo Launches Polygon Perpetual Contracts
#Aevo #Polygon #PerpetualContracts #Cryptocurrency #Trading #Derivatives
According to Foresight News, derivatives trading platform Aevo has announced the launch of Polygon (POL) perpetual contracts. This new offering aims to provide traders with more options and flexibility in their trading strategies. The introduction of these perpetual contracts is expected to enhance the platform's appeal to a broader range of users, particularly those interested in Polygon's ecosystem. Aevo's move to include Polygon perpetual contracts reflects the growing interest and adoption of Polygon in the cryptocurrency market.#Aevo #Polygon #PerpetualContracts #Cryptocurrency #Trading #Derivatives
🚀 Bitwise Analyst Highlights Bitcoin Supply Shortage
#Bitcoin #SupplyShortage #Bitwise #Cryptocurrency #ETFs #DeFi #Blockchain #Mining #BTC
According to BlockBeats, on September 6, Bitwise's Head of European Research, André Dragosch, shared insights on social media regarding the current state of Bitcoin supply. Dragosch emphasized that corporate purchasing alone has nearly absorbed all newly mined Bitcoin. Annually, approximately 164,000 BTC are mined. He pointed out that this figure does not account for the demand from other significant buyers such as ETFs, governments, trading platforms, and DeFi. Dragosch concluded that the shortage of Bitcoin supply is more severe than most people realize.#Bitcoin #SupplyShortage #Bitwise #Cryptocurrency #ETFs #DeFi #Blockchain #Mining #BTC
🚀 Bitcoin's September Performance May Surpass Expectations, Says Tyr Capital CIO
#Bitcoin #BTC #SeptemberPerformance #TyrCapital #EdHindi #Finance #Investing #CryptoMarket #FederalReserve #USEconomy
According to BlockBeats, on September 6, Tyr Capital's Chief Investment Officer Ed Hindi shared insights in an interview with Cointelegraph. Despite September historically being a challenging month for Bitcoin (BTC), Hindi suggested that a combination of Federal Reserve rate cuts and a relatively strong U.S. economy could surprise bearish investors. He believes that the likelihood of BTC stabilizing above $60,000 this month is higher than it falling below that threshold.#Bitcoin #BTC #SeptemberPerformance #TyrCapital #EdHindi #Finance #Investing #CryptoMarket #FederalReserve #USEconomy
🚀 Ethereum Foundation Transfers 1000 ETH to Multisig Wallet
#EthereumFoundation #ETH #MultisigWallet #BlockBeats #DAI
According to BlockBeats, on September 6, Lookonchain monitoring revealed that the Ethereum Foundation transferred 1000 ETH to a multisig wallet starting with 0xbC9a approximately 15 minutes ago. Based on previous transaction patterns, it is anticipated that this multisig wallet will transfer the ETH to another wallet starting with 0xd779 and subsequently convert it into DAI.#EthereumFoundation #ETH #MultisigWallet #BlockBeats #DAI
🚀 DataDAO Pre-Mining Phase Set to Launch Soon
#DataDAO #PreMining #Vana #Paradigm #DataCapital #Volara #Twitter #Tokens #Telegram
According to BlockBeats, the data AI platform Vana, supported by Paradigm, announced on September 6 that the pre-mining phase of DataDAO is about to go live.
User interactions on Twitter signify the creation of data capital for the platform. Volara, a subsidiary of Vana, aims to help users recapture this data capital by converting their tweets into tokens.
The pre-mining challenge can be initiated within Vana's Telegram application, allowing users to secure a leading position in DataDAO.#DataDAO #PreMining #Vana #Paradigm #DataCapital #Volara #Twitter #Tokens #Telegram
🚀 Catizen Token Countdown Begins With Significant Pre-Launch Trading Volume
#Catizen #CATI #TokenLaunch #PreLaunch #TradingVolume #Blockchain #Cryptocurrency #CryptoCommunity #UserBase #Telegram #Revenue #Ecosystem
According to BlockBeats, on September 6, Catizen (CATI) entered the final 15-day countdown before its official token launch. In the past 24 hours, pre-launch trading volume across various platforms has exceeded $260,000.
Catizen currently boasts a total user base of over 33 million, with more than 2 million on-chain users. The number of Telegram Premium users has surpassed 2.2 million. Additionally, the ecosystem's application center has generated total revenue exceeding $20 million, with a paying user base of over 750,000.#Catizen #CATI #TokenLaunch #PreLaunch #TradingVolume #Blockchain #Cryptocurrency #CryptoCommunity #UserBase #Telegram #Revenue #Ecosystem
🚀 XION To Introduce Chain Abstraction To Real-World Assets
#XION #ChainAbstraction #RealWorldAssets #PlumeNetwork #Solana #BNBChain #AVAX #SAGA #Injective #Neutron #MultiversX #RWAMarket #Liquidity
According to Foresight News, L1 network XION has announced its plan to introduce chain abstraction to real-world assets (RWA) through the Plume Network. XION has been rapidly expanding its chain abstraction solutions across several major networks, including Solana, BNB Chain, AVAX, SAGA, Injective, Neutron, and MultiversX. This collaboration aims to simplify access to various RWAs, thereby bringing more users and liquidity to the RWA market.#XION #ChainAbstraction #RealWorldAssets #PlumeNetwork #Solana #BNBChain #AVAX #SAGA #Injective #Neutron #MultiversX #RWAMarket #Liquidity
🚀 InterSwap Launches Public Testnet Supported By Axelar
#InterSwap #Axelar #Testnet #CrossChain #AMM #Cryptocurrency #Blockchain #AXL
According to BlockBeats, on September 6, the cross-chain protocol InterSwap, supported by Axelar (AXL), announced the launch of its public testnet.
InterSwap is the first fully composable native asset cross-chain Automated Market Maker (AMM). The cross-chain process does not rely on wrapped assets, bridge tokens, or intermediary protocols. Users can create cross-chain pools using native tokens or ERC20 tokens.#InterSwap #Axelar #Testnet #CrossChain #AMM #Cryptocurrency #Blockchain #AXL
🚀 Penpie Offers Bounty For Information On Recent Hack
#Penpie #hack #bounty #DeFi #crypto #Pendle #stolenassets #recoveredfunds
According to Odaily, Penpie has announced on Platform X that it is offering a bounty of up to 10% of the recovered funds to any individual or group providing reliable information to identify the attackers and recover the stolen assets. Previously, it was reported that the DeFi protocol Penpie, built on Pendle, was hacked, resulting in the theft of approximately $27 million in crypto assets.#Penpie #hack #bounty #DeFi #crypto #Pendle #stolenassets #recoveredfunds
🚀 Majority Of TON Holders Face Losses Amid Current Market Conditions
#TON #cryptocurrency #marketconditions #investmentlosses #blockchain #hodl #crypto
According to BlockBeats, data from IntoTheBlock on September 6 reveals that only 9% of TON holders are currently in a profitable position at the current price of $4.63. A significant 86% of holders are experiencing unrealized losses, while 5% are breaking even.
Additionally, only 5% of TON wallets have held the cryptocurrency for over a year. In contrast, 62% of wallets have held TON for less than a year, and 33% have held it for less than a month.#TON #cryptocurrency #marketconditions #investmentlosses #blockchain #hodl #crypto
🚀 BNB Drops Below 500 USDT with a 1.46% Decrease in 24 Hours
#BNB #USDT #Binance #Cryptocurrency #MarketData #PriceDrop
On Sep 06, 2024, 07:23 AM(UTC). According to Binance Market Data, BNB has dropped below 500 USDT and is now trading at 499.799988 USDT, with a narrowed 1.46% decrease in 24 hours.#BNB #USDT #Binance #Cryptocurrency #MarketData #PriceDrop