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Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC
Polygon, a layer-2 network atop the Ethereum blockchain, will activate an upgrade on Wednesday that swaps out its longstanding MATIC token for a new POL token, allowing for more flexibility on issuance of new supply. While the planned switchover has been well-telegraphed, the changeover could be closely monitored, since the token is widely held across
Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist
Donald Trump and his sons have for weeks teased an upcoming cryptocurrency project, but they’ve been light on details in public. Privately, though, the former U.S. president’s inner circle has been quietly shopping around a white paper for World Liberty Financial – and CoinDesk has obtained excerpts. 01:50 Crypto Market Leaders and Laggards in 2023
DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%
Decentralized finance (DeFi) protocol Penpie, built on top of tokenized yield platform Pendle, suffered an exploit on Wednesday, crypto observers reported. The alleged exploiter drained roughly $27 million of crypto assets including various types of staked ether (ETH), Ethena’s sUSDE and wrapped USDC stablecoin from the protocol, blockchain data shows. Later, it converted the proceeds
How Decentralized AI and Zero-Knowledge Proofs Will Democratize Compute
In late July, Mark Zuckerberg penned a letter explaining why “open source is necessary for a positive AI future,” where he waxes poetic about the need for open-source AI development. The once-nerdy teen founder, now turned into the wakeboarding, gold chain-wearing, and jiu-jitsu fighting “Zuck,” has been branded as the messiah of open-source model development.
Engineering over AI
For the last few months, I have been working on something new – building code generating LLM agents that actually work and produce high fidelity results. The space is probably in peak of its hype curve and it seems like many teams have lost focus on what really matters, the engineering part. There’s just too