The launch of Ping Exchange signals a potential new stage in digital assets trading. The hybrid platform merges robust security protocols with user-focused asset control, setting a high bar for how exchanges should safeguard user assets. Ping’s standout feature is an unconventional model using a hybrid custodial cold storage to redefine crypto exchange security. Ping The post Ping Exchange’s hybrid cold storage redefines standards for crypto exchange custody appeared first on CryptoSlate.

Groq’s LPU Inference Engine, a dedicated Language Processing Unit, has set a new record in processing efficiency for large language models. In a recent benchmark conducted by ArtificialAnalysis.ai, Groq outperformed eight other participants across several key performance indicators, including latency vs. throughput and total response time. Groq’s website states that the LPU’s exceptional performance, particularly The post Groq’s $20,000 LPU chip breaks AI performance records to rival GPU-led industry appeared first on CryptoSlate.

Global digital asset investment products saw significant inflows last week, totaling $1.1 billion, propelling the year-to-date figure to $2.7 billion. The latest weekly report from CoinShares confirmed the surge in the inflow of funds into digital asset investment products, which pushed the assets under management to a peak not seen since early 2022, now standing The post Record global inflows into digital asset funds push AuM to $59 billion peak appeared first on CryptoSlate.

A sophisticated social engineering campaign successfully duped several prominent crypto news outlets into promoting a fabricated $10 million Uniswap airdrop on Feb. 16. The scammer, posing as a Uniswap Foundation representative, offered coordinated publicity in tandem with the legitimate Uniswap v4 announcement. CryptoSlate declined to cover the airdrop, noting concerns about potential malicious changes to The post Fake Uniswap $10 million airdrop reported as several prominent crypto media scammed appeared first on CryptoSlate.

The AI blockchain sector is closing in on a $10 billion market cap following the meteoric surge of Bittensor, which is up 140% over the past 30 days. Native token TAO surpassed $4 billion in market cap, reaching an all-time high on Feb. 15 of $698 before retracing to around $659 as of press time. The post AI crypto sector nears $10 billion market cap as Bittensor surges 220% in 2024 appeared first on CryptoSlate.