Christian Catalini, co-creator of Meta's Libra stablecoin project, reflects on Libra's failure, what Stripe's Tempo blockchain can learn from it, and more
including one of the card networks the whole thing is designed to replace—and “neutrality.” [image] Brij Singh / @brij : Facebook's Libra turned out to be a strangely “successful” project - if success...
Sony launches its Soneium Ethereum L2 platform for creators, after a four-month test that drew 14M+ users; Blockscout: the testnet processed ~47M transactions
Sony says it plans to explore ways for protecting creator rights and mechanisms for equitable value distribution between creators and fans.
Lens, a high-performance layer-2 blockchain developed by Avara for consumer apps, raised $31M led by Lightspeed Faction, and plans to launch Lens v3 in Q1 2025
The high-performance network with embedded powerful modular Social Features. Derek Andersen / Cointelegraph : Avara's Lens secures $31M for SocialFi-focused L2 blockchain Lens : Lens Closes $31 Millio...
Dozens of sources share how Intel CEO Pat Gelsinger fumbled the company's revival, including offending TSMC with Taiwan comments and losing a deep TSMC discount
Forget having the wrong fab and SKUs and now having to try to claw back so much market share: where's their vaunted organizational IQ? — Intel's market cap is down 66% but even that is on past glory...
MediaTek unveils its 3nm Dimensity 9400 mobile SoC, featuring a CPU with eight “Big” cores and its eighth-gen NPU, claiming “80% faster LLM prompt performance”
chip reportedly ready for tape-out this month MediaTek : MediaTek Dimensity 9400 — Power. To The Core — Delivering next-gen in all areas … Pranav Dixit / Business Today : MediaTek unveils Dimensi...
Movement Labs, which is building Movement L2, a layer-2 Ethereum blockchain based on the Move programming language, raised a $38M Series A led by Polychain
Leo Schwartz / Fortune :
Sources: Qualcomm is cheating on Snapdragon X Plus and Elite benchmarks given to OEMs and the press; the numbers are not achievable with the claimed settings
Opinion: Why do they keep digging? — Qualcomm is cheating on the Snapdragon X Plus/Elite benchmarks given to OEMs and the press. X: @kepler_l2 , @aadetugbo , @cdemerjian , and @ghost_motley Forums: ...
Sources: Nvidia plans to mass produce its H20 chip in Q2 2024, after missing a November 2023 launch, and make two more chips designed for China, the L20 and L2
U.S. chipmaker Nvidia (NVDA.O) plans to begin mass production in the second quarter of 2024 of an artificial intelligence (AI) …
SimSpace, which replicates organizations' tech stacks for cybersecurity training, raised $45M led by L2 Point Management, bringing its total funding to $70M
Kyle Wiggers / TechCrunch :
Coinbase Asset Management debuts Project Diamond, combining Coinbase's custody tools, wallet, L2 network Base, and Circle's USDC to create a capital marketplace
“Project Diamond” lets institutions create and trade digital native versions of financial instruments such as debt using Base in a regulated manner.