Search results for Blast
Crypto
Ethereum layer2 Blast to shut down, citing lack of monetisation
Ethereum layer2 network Blast is shutting down. Blast said the cost of keeping the network running had surpassed the revenue it generates as a layer2 and that it had no realistic way to stay afloat financially for the time being. It asked users to move their assets to the Ethereum mainnet and plans to cut the withdrawal waiting time to 24 hours. Users can withdraw via the existing interface until Oct. 26.
AI & Enterprise
AWS still unable to restore Bahrain, UAE facilities six months after Iran drone strikes
Amazon Web Services said it has not been able to restore services and data access at parts of its cloud facilities in Bahrain and the United Arab Emirates damaged by drone strikes early in the Iran war. AWS said damage at several Bahrain facilities exceeded what its services were designed to withstand and that resources and data stored only in the region cannot be recovered. In the UAE, one of three availability zones also remains unrecoverable.
AI & Enterprise
Five skills software developers need in the age of AI coding
Andrew Ng, a Coursera co-founder and deep learning expert, said software engineering fundamentals remain essential in the era of agentic coding. He said developers must understand core principles to tell coding agents what to do and what to forgo, and to manage trade-offs such as latency, availability, reliability and cost. Citing his “AI Engineering Skills” research, Ng listed five needed capabilities: building full-stack applications, data management, system architecture design, making systems secure and stable, and scaling and operating in production.
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Industry
Corporate restructuring scheme opens path for mid-sized, SMEs into advanced industries
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Crypto
Rakuten Wallet unveils first physical Shiba Inu coin targeting 44 million-strong Rakuten retail ecosystem
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Industry
Hanwha Aerospace Daejeon plant explosion raises death toll to 5
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AI & Enterprise
Cerebras IPO surge focuses Wall Street money on SpaceX and OpenAI
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Crypto
Fed chair nominee Wash discloses over $100 million in assets, including crypto and AI investments
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Crypto
Bitcoin slides 7 percent over weekend; is this drop the bottom?
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Industry
SK On develops early detection technology for ESS fires with EIS diagnostic system