Lower difficulty increases the probability that a given amount of computing work earns a block reward. Expected revenue per unit of work …
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ISM’s diffusion indexes measure the direction and breadth of reported changes. A prices reading of 73 summarizes those survey responses, while an …
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Markets
U.S. Treasury moves to cut off crypto exchange MEXC over $16 billion in alleged illicit flows
by shayaanby shayaanTreasury billed the move as part of its campaign against Iran, but the order rests on MEXC’s alleged role in Russian illicit …
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Investment bank Morgan Stanley turned bearish on Coinbase (COIN) on Monday, cutting its price target by more than half as it warned …
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Scams
Game Publishers Have Pushed to Cut Discs Since 2007, Infinity Ward Veteran Says
by shayaanby shayaanIn brief Activision “floated” the idea of stopping the production of physical game discs in 2007 during the development of Call of …
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DeFi
Aave’s proposed USAT gateway could cut off the return swap after a deposit
by shayaanby shayaanAs of Oct. 18, the public proposal still describes a Snapshot vote followed, if approved, by an implementation proposal as its next …
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Markets
Circle defends USDC economics as stablecoin rivals court its partners with bigger cut
by shayaanby shayaanCoinbase, Circle’s largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a management fee. …
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A Bigger Share, With an Infinity Exception PancakeSwap’s fee documentation lists liquidity-provider shares of 66–68% on EVM, or Ethereum-compatible, v3 pools and …
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Scams
Godfather of AI and 400 Scientists Want AI Models Cut Off From the Internet
by shayaanby shayaanIn brief 420 scientists, including Geoffrey Hinton and Yoshua Bengio, signed an open letter published Tuesday urging AI labs to airgap cyber-capable …
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Finance
Coinbase says it cut a 90-case AI support test from 1–2 weeks to 30–45 minutes
by shayaanby shayaanWhere the time saving comes from Armstrong announced an approximately 14% workforce reduction in his May 5 memo, citing both a weak …