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Crypto tokens related to artificial intelligence (AI), including Tesla and SpaceX CEO Elon Mots, posted gains on Wednesday after he announced xAI, a new AI firm as an alternative chatbot ChatGPT. SingularityNET’s (AGIX), which is a cryptocurrency, has risen 11% in the last 24 hours. Fetch.ai’s (FET), on the other hand, has risen about 7%. According to the website of the company, the team will be headed by Musk, and include members who have worked previously at DeepMind OpenAI, Google Research Microsoft Research, Tesla and the University of Toronto. Musk’s X Corp. will not be affiliated with the newly formed xAI, which will however work closely together. xAI is hosting a Twitter Spaces Chat on Friday, 14th July.

Telegram merchants can now accept cryptocurrency payments as Wallet, a services provider built on The Open Network’s (TON) blockchain already allows crypto payments between users in chat. It said that it would now allow merchants to integrate cryptocurrency into their bots used to accept payments. The system allows payment of goods and services with tether (USDT), Bitcoin (BTC) or toncoin.

A group consisting of Polygon founders, researchers, and developers proposed a token upgrade which would replace the network’s MATIC token. This move would enable POL to act as a unified token for all Polygon networks including the Polygon main blockchain, the Polygon ZkEVM network and various supernets, application-specific blockchains running on top of the main Polygon Network. MATIC rose as much as 2,6% in the first 3 minutes following the announcement. If the proposal is approved, network validators would be able support multiple chains with a single token.

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  • As attention shifts towards Litecoin’s mining rewards halving on August 2, the litecoin to bitcoin ratio appears to be recovering.
  • The coded block will reduce the LTC emission per block from 12.5, to 6.25.


– Omkar Godbole

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Stephen Alpher edited the book.