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Tuổi Trẻ Cười
@tuoitrecuoi
Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO concerns over Justin Sun's role involvement in the custody of bitcoin backing the WBTC token.
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Nguyễn Phương Nhi
@beautiverse
Hyperbolic’s high-performance AI inference models, including Llama 3.1 and Flux, are now integrated into MyShell, a decentralized platform that empowers creators to build, share, and own AI applications. This integration enables the Web3 developer community to create and deploy AI applications with the latest state-of-the-art models – powered by Hyperbolic.
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Lam-May
@lammay
Hyperbolic is expanding its ecosystem by integrating its high-performant AI models, Llama 3.1 and Flux, into MyShell, a decentralized AI platform for creators.
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Khế Ngọt
@khengot
Hyperbolic’s High-Performance AI Inference Models are Now Integrated into MyShell
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Gacon
@gacon
> This video will walk you through the process of how to deploy a Kuzco worker node on Speron in just a few minutes.
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Hejustin
@conmeo
Kuzco is a distributed GPU cluster built on the Solana blockchain
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Mytam.eth
@chanhday
Spheron Network: Running Kuzco Worker Node on Spheron
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Sontungmtp
@sontungmtp.eth
> Tether loses $488M while Circle loses $144M in annualized revenue.
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coccoc
@keongot
Tether and Circle Face Major Revenue Losses with Each 50 bps Rate Cut
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Cá Ba Sa
@cabasa
😆 😆 😆 😆
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Matngot
@matngot
The drama around wrapped bitcoin has energized competitors offering alternative versions of the token, including dlcBTC, Threshold's tBTC and FBTC, which has the support of Mantle Network. And on Sept. 12, Coinbase, the biggest U.S. crypto exchange and a custodian in its own right, debuted its own wrapped bitcoin competitor, cbBTC.
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Đà Nẵng
@chetruoi
Sun, in response to some of the concerns raised about his involvement with the project, had told CoinDesk that WBTC has a "sterling track record that is unmatched by any competing offers recently floated by the skeptics."
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Cây Thúi
@chicken
Sun, in response to some of the concerns raised about his involvement with the project, had told CoinDesk that WBTC has a "sterling track record that is unmatched by any competing offers recently floated by the skeptics."
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Vien Tin
@vientin
"While we continue to have concerns about BitGlobal serving as a signer for WBTC, we find it is no longer at a level requiring immediate collateral offboarding," BA Labs wrote. "Therefore, we recommend indefinitely pausing the collateral offboarding procedures."
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iguverse
@iguverse.eth
The advisor noted that collateral exposure to WBTC had "fallen somewhat to current levels around $170 million of total borrowing," reducing the risk to a "more acceptable range."
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Gop
@guop
Then on Tuesday, BA Labs wrote that "the additional details and clarity put us in a more comfortable position with the current state of WBTC operations and key management."
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Ca Non
@canon
"They will not 'have the ability to direct changes to key management practices' at BitGo or BitGo Singapore," two of the entities overseeing the multi-signature keys controlling the new custodian, Belshe wrote on Sept. 20.
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Vét Láp
@vestlab
"They will not 'have the ability to direct changes to key management practices' at BitGo or BitGo Singapore," two of the entities overseeing the multi-signature keys controlling the new custodian, Belshe wrote on Sept. 20.
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Du Tho
@dutho
But discussions over the matter continued even after the vote, with Belshe posting extensively in the forum in recent days that the new custody arrangement was misunderstood, and that Sun would not have the ability to singlehandedly make changes to the structure.
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85cent
@salonpas
The influential Sky adviser, BA Labs, had expressed concerns about Sun's involvement with the project – a crucial consideration given that some $200 million of loans on the platform were in some way linked to WBTC collateral. Last week, Sky community members overwhelmingly voted to proceed with the adviser's recommendation to offboard WBTC as collateral, in a five-step process starting in early October.
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