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

United Kingdom-based international bank Barclays and technology investment firm Bold Capital Partners have led a $5.5 million funding round for fintech firm Crowdz's blockchain-based global invoice exchange, according to a press release on May 28.According to the report, the blockchain-based technology will purportedly make invoice processing more efficient by digitizing and automatizing what are traditionally…

A stablecoin that will be used to pay entrance fees for the golfing tournaments of a Kenyan 'entrepreneurs network’ has started testing under the local regulatory sandbox. 1335 Total views 7 Total shares YENTS, an unusual stablecoin developed by the Kenya’s Young Entrepreneurs Network (YEN), has entered into testing under the local regulatory sandbox.YEN, which…

Mainstream investors apparently liked the company's turn towards crypto. PayPal (PYPL) reached $215.87 on Oct. 21, a few dollars past its previous all-time high of $212.38, set on Sept. 2, 2020, according to data from TradingView.This price action came shortly after the payments company announced that it would soon be including crypto assets on its platform. PayPal plans to integrate…

Earlier this month, antivirus pioneer John McAfee was officially charged by the United States Department of Justice on seven counts of fraud and money laundering. These charges have been filed with respect to his activities in the crypto space from 2017 to 2020.It could be some time before McAfee actually has to face these charges…

Indonesia saw a massive 1,772% increase in the number of people engaging with articles about crypto, a new survey claims. 345 Total views 8 Total shares Amid the ongoing growth in cryptocurrency adoption worldwide, countries like Indonesia and Chile have seen a significant influx of public interest in cryptocurrencies like Bitcoin (BTC), according to new…

Sam Altman, ChatGPT-maker and CEO of OpenAI, who met with South Korean President Yoon Suk Yeol on June 9, urged South Korea to play a leading role in making the chips needed for artificial intelligence (AI) technology while expressing interest to invest in Korean startups and collaborate with bigger chipmakers like Samsung Electronics. According to local…

The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said. 1589 Total views 16 Total shares It could be a while before European Union gets a central bank digital currency, if it gets one at all.In a Wednesday interview with Bloomberg Television, European Central Bank President Christine Lagarde laid out the complex…

Bitcoin (BTC) neared two-month lows on May 12 amid fears that a “head-and-shoulders” pattern would put bears ahead.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis of BTC price: “Welcome to bearadise”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $26,100 on Bitstamp — its lowest since March 17.Despite encouraging macroeconomic conditions for risk assets, Bitcoin…

The survey tended to support the view of Bitcoin as a "safe-haven" asset. 775 Total views 6 Total shares A survey by Grayscale Investments indicates that the COVID-19 pandemic has increased investor appetite for Bitcoin (BTC).Source: Grayscale Investments.The firm surveyed 1,000 U.S. consumers between the ages of 25 and 64 that were involved in personal…