BackTechnology Updates

Technology Updates

2026-07-07 03:05:57

Ethereum Considers Poseidon Hash to Improve Zero-Knowledge Proof Efficiency

Vitalik Buterin said Ethereum is seriously considering Poseidon hash to improve zk-prover friendliness. The move could benefit rollups and ZK-based scaling, but concerns remain around security analysis, flexibility, and performance trade-offs versus alternatives like Keccak and Blake.

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Ethereum Considers Poseidon Hash to Improve Zero-Knowledge Proof Efficiency
2026-07-07 03:04:38

Solana Foundation President Says Blockchain Gaming Is Not Coming Back

Solana Foundation President Lily Liu said blockchain gaming is “not coming back,” comparing it to Meta’s failed metaverse push. While Solana still hosts 88 live games, the sector’s valuation and activity have fallen sharply since the 2021 boom, raising fresh debate over the future of Web3 gaming.

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Solana Foundation President Says Blockchain Gaming Is Not Coming Back
Odaily
2026-07-07 02:49:07

On-Chain Address Adds Margin After $5.24 Million Drawdown on $19.78 Million Tech and Semiconductor Longs

According to monitoring by on-chain analyst Ai Yi, a wallet address is currently holding long positions in tech and semiconductor-related stocks worth about $19.78 million, with unrealized losses reaching roughly $5.24 million. About 10 minutes before the report, the address added 3 million USDC as margin in an apparent move to reduce liquidation risk rather than close the position. The tracked basket includes MRVL, SNDK, SKHX, MU, NBIS, CRCL, and ZHIPU. Among these names, only CRCL is directly tied to the crypto sector. The analyst also noted that the positions were opened near recent local highs, leaving the account more exposed to drawdowns following a pullback in the sector. The update highlights how on-chain observers are increasingly tracking cross-market leveraged positioning, especially when crypto-native capital moves into listed tech and semiconductor names.

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On-Chain Address Adds Margin After $5.24 Million Drawdown on $19.78 Million Tech and Semiconductor Longs
Goldman Sachs
2026-07-07 02:41:05

Goldman Sachs Raises Price Targets for AMD, SanDisk and Qualcomm, With SanDisk at $2,200

Goldman Sachs has raised its price targets for several semiconductor and technology stocks, according to a July 6 update cited by TechFlow and sourced from Jin10. AMD (AMD.O) saw its target increased from $450 to $640. SanDisk (SNDK.O) received the biggest upward revision, with its target lifted from $1,200 to $2,200. Qualcomm (QCOM.O) also saw its target raised, moving from $145 to $180. The update reflects a notable adjustment in Goldman Sachs’ valuation expectations for selected names in the semiconductor and broader technology sector. Among the companies mentioned, SanDisk posted the most substantial target-price increase in absolute terms. The report did not provide further rationale in the cited excerpt, but the revisions themselves signal a more constructive stance from the investment bank on these stocks.

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Goldman Sachs Raises Price Targets for AMD, SanDisk and Qualcomm, With SanDisk at $2,200
Goldman Sachs
2026-07-07 02:41:05

Goldman Sachs Raises Price Targets for AMD, SanDisk, and Qualcomm, With SanDisk Lifted to $2,200

Goldman Sachs has raised its price targets on several semiconductor and technology names, according to a July 6 update cited by TechFlow and Jin10. AMD (AMD.O) saw its target increased from $450 to $640. SanDisk (SNDK.O) received the largest upward revision, with its target raised from $1,200 to $2,200. Qualcomm (QCOM.O) also had its target lifted, from $145 to $180. The report only disclosed the revised target prices and did not include additional details on the bank’s rationale, rating changes, or valuation framework. The move highlights a fresh adjustment in Goldman Sachs’ expectations for select chip and tech-related stocks.

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Goldman Sachs Raises Price Targets for AMD, SanDisk, and Qualcomm, With SanDisk Lifted to $2,200