Author: Kryptonews

Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging…

US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:“You will have seen that we have 10 participants out of 19 who wrote down two or more cuts for the remainder of the year, and nine who wrote down fewer…

On Wednesday, Kalshi introduces the KalshiEco hub with the support from Solana and Base to bolster prediction market growth. The initiative would bolster selected builders, traders, and creators with hands-on support, including grant funding, engineering assistance, referral programs, etc.  Kalshi faces legal scrutiny in Massachusetts as the firm is accused of running unlicensed sports betting under the guise of a prediction market. Kalshi, the federally regulated prediction market operator, is expanding its operations into the broader trading and builder community by introducing KalshiEco, a program that the operator is experimenting with to serve developers, traders, and creators trying on-chain and…

Nvidia, one of the most significant chip designers globally, reportedly announced a $683 million investment in a UK-based AI infrastructure company that spun off from a cryptocurrency miner in 2024.According to a Wednesday Bloomberg report, Nvidia CEO Jensen Huang said the investment in Nscale, the AI arm of crypto mining company Arkon Energy, would be part of efforts to develop the UK’s infrastructure around artificial intelligence. Nscale spun off Arkon in May 2024 to offer AI cloud services across Europe.The investment came amid a push by the UK government to develop the country’s AI infrastructure. Nvidia said it would partner…

An extinct variety of manganese blue paint is one of the many inextricable ingredients of Jackson Pollock’s 1948 masterpiece Number 1A, according to the authors of a paper published in the journal Proceedings of the National Academy of Sciences (PNAS). The nearly nine-foot-wide canvas, splattered with paint that evokes an expansive celestial atmosphere, is a mainstay in the teeming galleries of the Museum of Modern Art in New York. Using a technique called Raman spectroscopy to study the molecular makeup of the painting’s pigment, the paper’s five authors—from Stanford University, City College of New York, and MoMA’s conservation department—identified manganese…

Terrill Dicki Sep 17, 2025 19:11 Explore how speculative decoding techniques, including EAGLE-3, reduce latency and enhance efficiency in AI inference, optimizing large language model performance on NVIDIA GPUs. As the demand for real-time AI applications grows, reducing latency in AI inference becomes crucial. According to NVIDIA, speculative decoding offers a promising solution by enhancing the efficiency of large language models (LLMs) on NVIDIA GPUs. Understanding Speculative Decoding Speculative decoding is a technique designed to optimize inference by predicting and verifying multiple tokens simultaneously. This method significantly reduces latency by allowing models to…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…

Bullish (BLSH), the owner of CoinDesk, earnings per share beat average analyst estimates, while expecting higher adjusted Ebitda for the next quarter. The crypto platform reported earnings per share (EPS) of $0.93 in the second quarter, beating the average analyst estimate of $0.03, according to FactSet data. Bullish also reported adjusted revenue of $57 million for the second quarter, versus estimate of $60.7 million.Tom Farley, CEO of Bullish, said in a filing that the crypto firm experienced “exciting liquidity services growth, executed on a successful Consensus conference,” and that it is seeing “strong business momentum” in the third quarter.The firm’s…

The U.S. Securities and Exchange Commission (SEC) on Wednesday approved a set of rules for exchanges to list exchange-traded products (ETPs) holding spot commodities, including cryptocurrencies, without requiring the agency’s individual review each time.With the decision, exchanges that meet the generic listing standards can bring commodity-based trust shares to the market directly, sidestepping the often-lengthy 19(b) rule filing process, which can take up to 270 days and requires the SEC to actively approve or disapprove an ETF.SEC Chairman Paul Atkins said the decision was aimed at reducing barriers to accessing digital asset products in regulated U.S. marketplaces.”By approving these generic…

In brief The Fed delivered a 25bps cut in an 11–1 vote, but markets reacted with little enthusiasm. Bitcoin slipped 0.69% after briefly touching $117K earlier in the day. Overall market sentiment remains neutral, though predictors on Myriad lean bullish. Fed fatigue or was it simply priced in all along? Bitcoin is down a paltry 1% today, currently trading at around $115,500, following the Federal Reserve’s widely telegraphed quarter-point rate cut.The crypto market appears a bit gassed, but if anything, today’s relatively small drop in prices could be interpreted as a classic “buy the rumor, sell the news” event.The Federal…