In a surprising announcement, President-elect Donald Trump has named David Sacks, ex-COO of PayPal and a prominent venture capitalist, as his chief adviser on artificial intelligence and cryptocurrency.

Naval Ravikant, a well-known Silicon Valley angel investor who has previously invested in multiple crypto projects, said in an article on X: “Bitcoin is used to protect wealth, Ethereum is used for investment, Solana is used for gambling, and Zcash is used for consumption.”

Reddit has introduced Reddit Answers, an AI feature developed over six months to enhance user experience and reinforce the platform's competitive edge.

According to Odaily, Ethereum developer Ryan Berckmans has shared his thoughts on Max Resnick's recent departure from the Ethereum core development community. Berckmans expressed satisfaction with Resnick's move, noting that critics like Resnick often argue that Ethereum should emulate Solana. However, Berckmans believes that Ethereum has already reached its peak through its Layer 2 scaling strategy and does not need to alter its approach. Berckmans highlighted that Solana is attempting to acquire what Ethereum already possesses, such as client diversity, genuine protocol specifications, a robust research community, and substantial on-chain capital. He pointed out that Solana is making significant efforts to become more like Ethereum, which is ironic given Resnick's previous assertions that Ethereum should become more like Solana. Despite Solana's financial resources, Berckmans argued that they cannot purchase decentralization, describing Solana as a well-funded paper tiger. He concluded that this situation is unsurprising and fitting for Resnick.

Modular L1 network U2U Network has officially entered the hardware market and will launch its first product UPhone. This move marks the start of U2U Network's strategic layout to deeply integrate blockchain with physical infrastructure through DePIN hardware. The launch of UPhone aims to solve long-standing core problems in the blockchain field, including scalability and user-friendliness. In addition, the innovation is supported by JDI Ventures, a DePIN investment fund under blockchain hardware company JDI Global. Earlier news, U2U Network completed US$13.8 million in financing, with participation from KuCoin Ventures, Chain Capital, IDG Blockchain, Cointelegraph, V3V, JDI Ventures, Tesseract, IBG, Blockhive, Maxx Capital, UB Ventures and others. The funds raised will support the continued development of U2U Network Subnet technology. (Cointelegraph)

Web3 AI cloud startup Hyperbolic announced the completion of a $12 million Series A financing round, led by Variant and Polychain Capital, with participation from Chapter One, Lightspeed Faction, Bankless Ventures, GSR, IOSG, Vertex, Blockchain Builders Fund, Wintermute, Alumni Ventures, Ambush Capital, and multiple angel investors. With this investment, Hyperbolic has increased its total investment to $20 million. The new funds will be used to expand the engineering and strategic teams and enter the market. Hyperbolic plans to launch its own blockchain next year. According to reports, Hyperbolic plans to integrate global GPU computing resources and integrate blockchain technology to provide the market with verifiable, secure and reliable AI services, effectively alleviating the industry pain points of high computing resource costs and uneven distribution. At the same time, the company also launched a decentralized orchestration layer Hyper-dOS (Hyperbolic Distributed Operating System) to provide solid technical support for the entire GPU market. (coinness) Previously in July, Hyperbolic completed a $7 million seed round of financing, led by Polychain Capital and Lightspeed Faction.

عادت حالة نفور المستثمرين من المخاطرة من جديد بعد التطورات فى منطقة الشرق الاوسط وهو ما يكون أيجابيا لمكاسب الدولار الامريكى. هذا الشارت من منصة tradingview وعليه فقد عاود سعر اليورو مقابل الدولار الامريكى EUR/USD الاقتراب من مستوى الدعم الهام 1.0500 . متخليا بسرعة عن مكاسب نهاية الاسبوع الماضى والتى طالت مستوى المقاومة 1.0630 . … The post تحليل اليورو دولار ومواجهة الدعم 1.05 من جديد appeared... source: https://www.tradersup.com/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a7%d9%84%d8%b9%d9%85%d9%84%d8%a7%d8%aa/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a7%d9%84%d9%8a%d9%88%d8%b1%d9%88-%d9%85%d9%82%d8%a7%d8%a8%d9%84-%d8%a7%d9%84%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d8%a7%d9%84%d8%a3%d9%85%d8%b1%d9%8a%d9%83%d9%8a-eurusd/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d8%a7%d9%84%d9%8a%d9%88%d8%b1%d9%88-%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d9%88%d9%85%d9%88%d8%a7%d8%ac%d9%87%d8%a9-%d8%a7%d9%84%d8%af%d8%b9%d9%85-1-05-%d9%85%d9%86-%d8%ac/139204

According to official news, PancakeSwap announced that its simple staking product will be offline at 8:00 on March 10, 2025. Users are requested to withdraw funds in time. This move aims to simplify the product and focus on providing more sustainable and influential products to the community.

According to official news from BitMEX, new quarterly futures such as BTC, ETH, XRP, etc. are now online and available for trading.

ビットコイン（BTC）価格分析 昨日の仮想通貨市場は全面安となった。 ビットコイン市場は前日比-3.81で、一時最安で、94,100.55ドルを付けた。その後は買い戻されて現在価格は97,500ドル付近で取引されている。 […] source: https://jinacoin.ne.jp/crypto-chart-analysis-20241210/

Web3 identity and rewards platform Galxe has unveiled a new EVM upgrade and a $50 million ecosystem to fund to support projects building on its network. source: https://cointelegraph.com/news/galxe-unveils-gravity-chain-upgrade-50-million-ecosystem-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to official news, the Ethereum Ethscriptions protocol Facet mainnet will be officially launched at Ethereum block 21373000, which is approximately 23:00 on December 10th, Beijing time. It is reported that Facet is a Layer 1+Rollup, which aims to achieve the scalability of Ethereum. Its main features include: users can trade directly on Layer 1 without leaving Ethereum; untrusted sequencing is performed through Layer 1, which is not affected by centralized sequencers; there is no privileged control, no upgradeable contracts, no privileged keys, and no centralized governance.

Eric Trump, the second son of U.S. President-elect Donald Trump, said a set of “sensible” regulatory guidelines could help the United States become a cryptocurrency superpower.

Microsoft, BTC, BlackRock, 11 hours later, will Microsoft invest in Bitcoin? What are the voters' attitudes? Golden Finance, is the market crash intended to take Microsoft aboard?

Stablecoins, stablecoin payment track: Who is the real winner? Golden Finance, the trend of the stablecoin market and which parts will generate the greatest value

In an exclusive interview, Morgan Creek Capital CEO Mark Yusko shares his cryptocurrency predictions for 2025, including Bitcoin’s growth potential and the outlook for altcoins.

Floki is one of a growing number of cryptocurrency companies that have issued their own regional payment cards that allow users to spend cryptocurrencies.

World playfully criticised Spotify’s privacy practices by parodying its Wrapped feature, highlighting its own anonymous identity service, World ID. Using biometric scanning, World ID ensures secure verification, but the company faces privacy concerns and regulatory challenges globally.

OpenAI,sora,OpenAI officially released Sora. Let's understand its video generation function in one article. In addition to video generation, it can also create unlimited videos.

Brian Armstrong, CEO of Coinbase, has recently tied the knot with Angela Meng, a former South China Morning Post reporter and investment banker.