Amazon Web Service (AWS) Technical Hitch Saw the $978 Million Layer-2 DeFi Cog, DyDx Disrupted

Decentralized operations are supposed to be just that, decentralized. Unfortunately, in the real world, perfection is hard. Even though crypto fans wish their precious digital assets to dominate, putting gatekeepers out of business, it is still sad that the core of some crypto validators and ramps depends on centralized third... Read More

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Coinbase Plans to Transition into the AWS of Digital Currencies

Coinbase’s Chief Product Officer Surojit Chatterjee announced the company’s plans to transition into the Amazon Web Services (AWS) of the digital currency ecosystem. (Read More)

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FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders

According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8 [...]

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AWS went down in the US, but Ethereum kept humming

Ethereum hummed along through the latest AWS outage but one commentator said its reliance on Lido for staking could cause issues in the future.

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Decentralization democratizes access to AI computing Theta Labs exec

Theta Labs head of strategy Wes Levitt says the decentralized cloud is more cost-effective and offers greater flexibility and reliability for AI solutions.

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Meta opens Llama AI model up to US military

Meta said sharing open-sourcing AI tech within the US and with its allies will play a role in helping it preserve the technological edge over China and other competitors.

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Binance partners with Amazon Web Services to enhance user experience

Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers.

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