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Digital Currency
Week Summary
Technology
  • Earth has captured a temporary 'second moon,' a small asteroid named 2024 PT5, which will orbit until November 2024.
  • Research indicates that larger AI chatbots are increasingly prone to generating incorrect answers, raising concerns about their reliability.
  • Meta's Chief Technical Officer discussed advancements in AR and VR technologies, particularly focusing on the Orion AR glasses.
  • The author reflects on their experience with Rust, proposing several changes to improve the language's usability and safety features.
  • The Tor Project and Tails OS have merged to enhance their efforts in promoting online anonymity and privacy.
  • OpenAI is undergoing leadership changes, with key executives departing amid discussions about restructuring and the company's future direction.
  • Git-absorb
  • The concept of critical mass explains how significant changes occur when a threshold of acceptance is reached, impacting technology and society.
  • WordPress.org has banned WP Engine from accessing its resources due to ongoing legal disputes, raising concerns about security for WP Engine customers.
  • PostgreSQL 17
  • Hotwire Native is a web-first framework that simplifies mobile app development, allowing developers to reuse HTML and CSS across platforms.
  • Radian Aerospace is progressing on a reusable space plane, completing ground tests and aiming for full-scale flights by 2028.
  • A groundbreaking diabetes treatment using reprogrammed stem cells has enabled a patient to produce insulin independently for over a year.
  • Apple is developing a new home accessory that combines features of the iPad, Apple TV, and HomePod, expected to launch in 2025.
  • SpaceX's Starlink service is set to surpass 4 million subscribers, reflecting rapid growth and significant revenue projections.
  • TinyJS is a lightweight JavaScript library that simplifies dynamic HTML element creation and DOM manipulation for developers.
  • PayPal introduces PYUSD stablecoin for fee-free international transfers via Xoom.

    PayPal has launched a new feature that allows U.S. customers to make international transfers using the PYUSD stablecoin without incurring transaction fees. This service, available through Xoom, PayPal’s international payments platform, enables U.S. clients to convert PYUSD into USD and send it to recipients in ~160 countries. PayPal’s recent move aligns with the company’s broader strategy to increase the adoption of digital currencies and build its reputation in the digital asset space.

    Hi Impact
    PayPalPYUSDUnited StatesDigital Currency
    Friday, April 5, 2024
  • €7.3 million EURC issued on Base in two weeks, showing strong adoption.

    In the two weeks since its launch, €7.3 million EURC has been issued on Base, with adoption from various protocols and exchanges.

    Md Impact
    EURC
    Base
    Digital Currency
  • USDT launching on Aptos blockchain to enhance digital currency accessibility.

    USDT is launching on the Aptos blockchain as part of its strategy to make digital currency more accessible and useful. The introduction of a top stablecoin on Aptos is a significant milestone. Recent metrics suggest Aptos has hundreds of thousands of daily active users and the capacity to handle 30,000 TPS.

    Hi Impact
    USDT
    Aptos
    Blockchain
    Digital Currency
  • USDC expands to Brazil and Mexico, integrating with local payment systems.

    USDC is now accessible in Brazil and Mexico through local real-time payment systems, significantly expediting transactions with local currencies and integrating digital dollars into TradFi operations.

    Hi Impact
    USDCBrazil, MexicoDigital Currency
Month Summary
Technology
  • OpenAI is considering a new subscription model for its upcoming AI product, Strawberry, while also restructuring for better financial backing.
  • Telegram founder
  • The startup landscape is shifting towards more tech-intensive ventures, with a focus on specialized research and higher capital requirements.
  • Boom Supersonic's XB-1 demonstrator aircraft successfully completed its second flight, testing new systems for future supersonic travel.
  • announced the uncrewed return of Boeing's Starliner, with future crewed missions planned for 2025.
  • OpenAI's SearchGPT aims to compete with Google Search by providing AI-driven information retrieval, though it currently faces accuracy issues.
  • Tesla is preparing to unveil its autonomous robotaxi technology at an event in Los Angeles, indicating ongoing challenges in achieving full autonomy.
  • The US Department of Justice is investigating Nvidia for potential antitrust violations related to its AI chip market dominance.
  • Apple plans to use OLED screens in all iPhone 16 models, moving away from Japanese suppliers and introducing new AI features.
  • Amazon S3 has introduced conditional writes to prevent overwriting existing objects, simplifying data updates for developers.
  • Chinese scientists have developed a hydrogel that shows promise in treating osteoarthritis by restoring cartilage lubrication.
  • Nvidia's CEO is working to position the Nvidia as a comprehensive provider for data center needs, amidst growing competition from AMD and Intel.
  • OpenAI
  • Nvidia Blackwell
  • Amazon is set to release a revamped Alexa voice assistant in October, powered by AI models from Anthropic's Claude, and will be offered as a paid subscription service.