OpenAI launches new super-efficient, low-latency ‘GPT-4o mini’
The new model purportedly offers comparable performance at a fraction of the cost.
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Telegram Introduces New Programming Language for TON Network
Privacy-focused encrypted instant messaging service Telegram has created a new programming language for its Telegram Open Network (TON), according to a document posted on an unofficial TON Telegram channel on May 23.The document — evidently authored by Telegram co-founder Nikolai Durov and dated May 23 — introduces a new language called Fift. The language is…

Curve, Metronome and Alchemix offering 10% bug bounty on Vyper hack
The exploit on July 30 resulted in the theft of roughly $70 million in cryptocurrencies, bringing the bounty close to $7 million. Decentralized finance (DeFi) platforms Curve, Metronome and Alchemix have jointly announced an initiative to recover stolen funds from the recent exploits of Curve’s pools.According to on-chain data, the protocols are offering a 10%…

Aave devs look set to receive $16.3M via retroactive funding
A proposal to reward members of the Aave Companies with $16.28 million in retroactive funding for the development of V3 of the Aave Protocol looks set to pass. 40 Total views 1 Total shares The DAO behind the decentralized finance (DeFi) platform Aave has accepted a proposal to reward members from Aave Companies with $16.28…

Indonesia’s central bank marshals staff to enforce crypto payments ban
Indonesia’s central bank is sending supervisors out to ensure local financial institutions aren’t defying the nationwide ban of crypto payments this bull season. 466 Total views 3 Total shares Indonesia’s central bank governor, Perry Warjiyo, is mobilizing official supervisors to enforce the country’s ban on financial institutions using crypto assets as a means of payment.During…

Australian payments giant Eftpos becomes Hedera node operator
Eftpos has joined Hedera’s governing council after the two entities completed a successful micropayments pilot last year. 589 Total views 12 Total shares Australia’s top national debit infrastructure operator, Efptos, has been announced as the newest member of Hedera’s Governing Council. Alongside becoming the 17th council member, Eftpos will also become Hedera’s first network node operator…

Bitcoin hits $25,000 all-time high milestone, surpassing Visa’s market cap
Bitcoin exceeds the market cap of Visa at $460 billion as the price reaches a new all-time high of $25,000. The price of Bitcoin (BTC) surpassed $25,000 on Dec. 25, reaching a new all-time high of $25,020 on Bitstamp and surpassing the market cap of Visa in a historic milestone.Visa, the financial services giant, is valued at…

Trump plans to pick a16z head of policy Brian Quintenz as CFTC chair: Report
President Donald Trump is reportedly planning to pick Brian Quintenz — the head of policy at a16z’s crypto arm — as the next chair of the Commodity Futures Trading Commission.

Worldcoin unveils new Layer-2 network 'World Chain'
World, formerly Worldcoin, says its World Chain will privilege verified human users over bots by giving them priority access to block space and an allowance of free gas.