Etched is making waves in the artificial intelligence hardware space with its revolutionary new AI accelerator chip. The Silicon Valley startup, founded in 2022 by Harvard dropouts Gavin Uberti and Chris Zhu, has developed a custom application-specific integrated circuit (ASIC) called Sohu that is purpose-built to run transformer models – the architecture behind today’s most The post Is the NVIDIA top in as Etched launches ASIC for LLMs 20x faster than H100 GPUs? appeared first on CryptoSlate.

Julian Assange, the founder of WikiLeaks, has been released from Belmarsh prison in the UK after reaching a plea deal with US authorities, marking a significant development in his long-running legal saga. WikiLeaks said Assange left the maximum security prison on June 24, 2024, after spending 1,901 days there. The WikiLeaks X account posted, “Julian The post Julian Assange free from prison – leaves UK for Saipan after striking US deal appeared first on CryptoSlate.

Kanav Kariya, the President of Jump Crypto, announced his resignation four days after reports surfaced that the Commodity Futures Trading Commission (CFTC) was investigating its Jump Trading subsidiary’s activities. Kariya stated, “Today marks the end of an incredible personal journey for me. It’s my last day at Jump, a moment I’m receiving with both a The post Jump Crypto President resigns 4 days after reports of CFTC investigation appeared first on CryptoSlate.

Bitcoin is a revolutionary concept—a decentralized, peer-to-peer electronic cash system, store of value, timestamping server, and event sequencer with a fixed supply directly tied to real-world energy consumption. Its core values of scarcity, transparency, and decentralization offer a stark contrast to the traditional financial system. However, the rise of Bitcoin derivatives, seen by many as The post BTC derivatives contradict what Bitcoin stands for, inflating off-chain value beyond resources appeared first on CryptoSlate.

Tether, the issuer of USD₮ tokens, is shifting its focus towards “enhancing community-driven blockchain support.” As part of this strategic transition, Tether will cease support for the EOS and Algorand implementations. In line with its commitment to maintaining a robust and innovative blockchain ecosystem, Tether stated that it consistently evaluates current transport layers to balance The post Tether stops minting USDT on EOS and Algorand gives 1 year for redemptions appeared first on CryptoSlate.