Day: February 17, 2025

How do AI agents benefit from decentralized, scalable computing?

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Share this article As AI systems become more common, there is a growing need for fast, secure, and flexible infrastructure that isn’t tied to any central provider. What is Aleph Cloud? Aleph Cloud is a chain-agnostic, GDPR compliant supercloud that delivers scalable storage, computing, and database services through a network of distributed nodes. The platform combines dynamic, IPFS-based storage with mutable databases and secure compute resources to support applications ranging from real-time data processing in gaming to large-scale AI model deployment. The broader Aleph ecosystem also features TwentySix Cloud, a…

Someone burned 500 ETH to accuse Chinese hedge fund CEOs of using brain-computer weapons

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Key Takeaways Hu Lezhi burned 603 ETH to allege Chinese hedge fund CEOs’ use of brain-computer weapons. Large donations totaling 1,950 ETH were made to various addresses, including WikiLeaks and Ukraine. Share this article A self-identified Chinese programmer has burned 603 ETH (approximately $1.65 million) and donated 1,950 ETH (approximately $5.35 million) through a series of blockchain transactions, while making allegations against executives of a Chinese hedge fund. Someone just sent 500 ETH to the burn address with this message (translated): “The CEOs of Kuande Investment: Feng Xin and Xu…

FTX wallet moves Bitcoin ahead of creditor repayments

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Key Takeaways FTX has begun testing Bitcoin transactions ahead of creditor repayments scheduled for tomorrow. Initial creditor repayments will prioritize customers with claims under $50,000. Share this article A wallet associated with the now-bankrupt crypto exchange FTX moved 0.3 Bitcoin, worth around $29,000, in three separate transactions early Monday, according to Arkham Intelligence data. The move comes as the FTX estate is set to begin repaying its first creditors on Feb. 18. The motive behind these small Bitcoin transfers is unclear. Ethem Ozturk, co-founder of Muhabbit who first spotted them,…

LIBRA token key figure Hayden Davis denies rug pull allegations, blames ‘plan gone wrong’

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Key Takeaways Hayden Davis claims the Libra token crash was due to a failed strategy, not fraud. Davis is the custodian of $100 million from the Libra project. Share this article Hayden Davis, who facilitated the launch of LIBRA, addressed allegations surrounding the token crash, insisting that it resulted from a failed strategy rather than a deliberate scheme to defraud investors. “People are saying this is a rug pull,” said Davis in a Sunday interview with YouTuber and crypto sleuth Coffeezilla. “That’s not objectively true. There’s still like…60 million on…