Aethir’s GPU-as-a-service hits $36M revenue with 10% monthly growth

Switzerland’s national bank should work with large industry players to develop a Swiss franc token, according to a report by the Avenir Suisse think tank on June 4.Avenir Suisse is an independent privately funded think tank, with a yearly budget of reportedly 5 million Swiss francs ($5 million).Despite the opportunities that distributed ledger technology (DLT) is…

Opposition continues to grow against implementation of the controversial Programmatic Proof-of-Work (ProgPoW) proposal in the Ethereum community.ProgPoW is an ASIC-resistant PoW algorithm meant to replace ETHhash, the current hashing algorithm for the platform. First mooted two years ago, it suddenly reemerged as a concrete plan set for the middle of this year following a call…

DeFi tokens like LEND — the price of which has increased by 3900% since 2019 — rallied further this week, some to new all-time highs. 844 Total views 26 Total shares Decentralized finance (DeFi) tokens from Balancer, Ben, Aave and Swissborg have all made huge gains, in the wake of excitement generated by the distribution…

The proliferation of crypto lending platforms is the latest crypto solution bridging the gap with the traditional financial industry. These platforms offer institutional and retail investors the opportunity to access banking services previously only available in the traditional financial sector.A typical crypto lending platform enables long-term crypto holders to put their tokens to good use…

According to Bloomberg analyst Eric Balchunas, the SEC has directed issuers to submit their final S-1 filings by July 16, with the aim of launching the new Ether funds on July 23.

The firm's book-making took a huge hit after being exposed to the TerraUSD collapse. 146 Total views 14 Total shares On Tuesday, European cryptocurrency investment firm CoinShares posted its interim Q2 2022 results. Compared to the prior year's quarter, the firm's revenue declined from 19.6 million pounds ($23.89 million) to 14.2 million pounds ($17.31 million).…

The crypto lender has 206,300 Ether currently in the staking withdrawal queue, according to Nansen. 3623 Total views 31 Total shares Embattled crypto lending platform Celsius has confirmed it has started recalling and rebalancing its crypto assets, including Ether (ETH), as it prepares for “timely distributions to creditors.”On Jan. 5, the lending firm, which has

Davido has remained silent amid criticism about pump-and-dump schemes and regulatory scrutiny.

According to Jump Crypto, they believe they are “one of the most well-capitalized and liquid firms in crypto.” 167 Total views 2 Total shares Jump crypto, a division of the Jump Trading Group, has denied the rumors circulating online that it intends to wind down operations due to its exposure to FTX losses. According to a…