Tribe Capital considers reviving bankrupt crypto exchange FTX: Report

    The venture capital company is reportedly considering spearheading a fundraising campaign to raise $250 million to revive FTX. Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on April 18. The venture capital firm…

    Decentralized science is key to fixing academic research

    Locked paywalls and high fees are defining characteristics of traditional academic research. DeSci can lower the barriers to access. Academia and science are both in the throes of a crisis, marked by several inefficiencies directly impacting our scientific prowess and research capabilities. The subject of stagnation within universities and academic institutions is taboo, and there…

    Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote

    A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority. A “temperature check” proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community. When voting closed on April 16 more than 99%…

    Moving beyond the blockchain trilemma: L1 vs. L2

    To effectively address the scalability challenge, it is crucial that both L1 and L2 solutions work together. As of February 2023, over 44.15 million unique addresses have a non-zero balance of Bitcoin. While this may seem impressive, let’s face it — blockchain technology has come a long way since Bitcoin’s inception in 2009. However, as the…

    Bitcoin continues to shine with 98% of inflows into crypto investment products

    According to CoinShares, Bitcoin saw $56 million of inflows last week, which accounted for 98% of all investments into digital asset investment products. On April 11, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Report,” revealing that digital asset investment products experienced positive sentiment, with inflows totaling $57 million last week, bringing…

    OpenAI needs a DAO to manage ChatGPT

    A decentralized autonomous organization could help solve concerns over issues including ChatGPT’s political biases and its potential for abuse. ChatGPT, a large language model that can converse with users, is one of OpenAI’s ground-breaking models. Although there are numerous advantages to this technology, some worry that it needs to be regulated in a way that…