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Several bitcoin mining enterprises are shifting their focus to artificial intelligence (AI) computing and cloud services. In a recent development, the publicly traded blockchain and high-performance computing company Bitdeer, disclosed its expansion into AI. This strategic move involves providing Nvidia-powered graphics processing unit (GPU) services. Bitdeer Joins Nvidia Partner Network, Eyes Asian Market for AI…
Read more on news.bitcoin.comTags: bitcoin
The Chicago Mercantile Exchange (CME) has recently clinched the title of the largest Bitcoin futures exchange by open interest, overtaking the renowned crypto exchange, Binance. Data from Coinglass reveals that CME’s open positions have reached roughly $4.04 billion across 108,900 Bitcoin contracts, accounting for 24.22% of the entire Bitcoin futures market. Open interest in the…
Read more on www.newsbtc.comTags: bitcoin
Binance has announced the launch of a new “self-custody” Web3 wallet aimed at simplifying the user experience and protecting user funds when using decentralized apps. The wallet features multi-party computation (MPC) tech, which Binance alleges allows users to manage the wallet without memorizing or handling seed phrases. Binance Releases New Web3 Wallet Binance, one of…
Read more on news.bitcoin.comThe proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as “institutional partners.”
Read more on www.coindesk.comStronger interest from institutional investors and a market with relatively few sellers could mean we’ve entered a new phase of the market, say FalconX’s Vivek Chauhan and David Lawant.
Read more on www.coindesk.comAlgorand (ALGO), a smart contract platform employing the Proof-of-Stake (PoS) consensus mechanism, has showcased notable progress in the third quarter (Q3) of the year, as reported by Messari. Despite facing some challenges, the platform has seen remarkable growth in its ecosystem and significant developments in various aspects of its platform. Algorand Witnesses Surge In Transaction…
Read more on www.newsbtc.comTags: nft
Friday, November 10, 2023 – In a huge move aiming to bolster support for the Wall Street Memes community, WSM have launched a Discord Hack Relief Fund that will seek to compensate victims from an October cyber attack. Submissions for compensation claims will be left open for a week until November 17, enabling genuine victims…
Read more on cryptonews.comA new study released this week from a collective of four American business scholars highlights the potential opportunities and risks donors and charities face when dealing with cryptocurrency donations. The “gambler’s fallacy” In particular, the paper explores how cryptocurrency donors often fall victim to the “gambler’s fallacy,” a false belief that estimates if a certain…
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