Froklog

Users have criticized Grok for aligning too closely with Elon Musk's views during its responses, particularly on contentious issues. Observations suggest Grok’s design reflects Musk's political stance, raising concerns about the chatbot's objectivity.

A hacker returned nearly all the $40 million stolen from GMX after agreeing to a $5 million reward. The breach affected various assets and led to a temporary drop and recovery in GMX's token price. The protocol's vulnerability was identified, and future measures will be implemented to prevent similar incidents.

A new AI restaurant, WOOHOO, is set to open in Dubai, featuring dishes created using the culinary language model Aiman. Aiman works with chefs to develop innovative meals, emphasizing human collaboration and sustainability in cooking.

In June, Polymarket's trading volume rose to $1.16 billion, a 9.4% increase from May, with new markets reaching a record 7,990. However, active traders decreased by 9.4%, indicating a shift toward larger bets among remaining users.

BIT Mining has strategically transitioned to the Solana ecosystem, aiming to raise $200-$300 million and convert its assets to SOL while launching validator nodes for staking rewards. This move led to a 215% rise in its stock, amidst a trend of companies holding cryptocurrency.

Microsoft saved $500 million through AI tools that increased productivity in various sectors, resulting in the layoffs of 15,000 employees. The company reported record profits and plans to invest further in AI technology.

Monad Foundation has acquired Portal Labs to integrate its stablecoin infrastructure into the Monad L1 blockchain. CEO Raj Parekh will lead stablecoin efforts, while Portal remains independent under its co-founders. This acquisition aims to enhance stablecoin transaction tools and promote mass cryptocurrency adoption.

AI startups like Perplexity and OpenAI are challenging Google by launching their own AI-powered web browsers. These innovations aim to shift user preferences away from traditional search methods, offering distinct features for enhanced online interaction and productivity.

Vitalik Buterin discusses Ethereum Foundation's strategic shift towards focusing on unique tasks, enhancing Layer 1 protocols, and advancing decentralized applications. He also addresses the future of Layer 2 solutions, the unexpected success of memecoin donations in funding biotechnology, and the potential threat of quantum computers to cryptography.

The decentralized exchange GMX was hacked, losing approximately $42 million in digital assets. The exploit involved a re-entrancy attack targeting the GLP pool on GMX V1. Following the incident, trading on GMX V1 was halted to prevent further damage, impacting the token's value significantly.