Bet more on the Bitcoin miners cashing in on AI
Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners.
Related Posts
Ledger wallet company passes official security audit
The process was meant to ensure that customer information is handled properly by the company. 914 Total views 13 Total shares Ledger, a crypto company providing a number of hardware wallet solutions, has obtained a successful System and Organization Controls, or SOC, Type 1 test. Friedman LLP, a New York-based accounting firm, ran the SOC 2…
AAVE price hits 3-week high as ‘Aave Pro’ debuts for institutional lending
Aave hovered near its three-week high on Tuesday, helped by the prospects of its foray into the mainstream through the launch of an institutional lending platform.FundamentalsDubbed as Aave Pro, the platform expects to become a "permissioned liquidity protocol" by offering institutions, corporates, and fintech clients access to decentralized finance (DeFi). That said, it would follow strict…
BlockFI ordered to stop onboarding New Jersey-based customers
BlockFi CEO Zack Prince rejects the New Jersey securities regulator’s claim that his firm has been offering unlicensed securities to the public. The New Jersey Bureau of Securities had issued a cease and desist order to centralized crypto lending firm, BlockFi, preventing it from onboarding new interest account clients in the state.The news was first…
TRON Foundation Announces $20 Million Buyback Plan
The Tron Foundation has announced a $20 million buyback plan in a blog post published on June 25.The buyback is purportedly part of an initiative to bolster community activity and market stability.The company is going to conduct the largest tron (TRX) token buyback plan so far with the widest coverage in the secondary market, the…
Stablecoin adoption and the future of financial inclusion
Institutional interest in crypto is growing, confirmed by a Goldman Sachs survey, which found that 40% of the company’s high-net-worth clients were already exposed to cryptocurrencies. Stablecoins — which offer a more secure and steady option in the crypto space — have experienced hyper-growth, reaching a $119 billion market cap. The volatility of crypto has…
Bank of China CIO Says Bank to Increase Investments in Blockchain, Fintech
The commercial, state-run Bank of China, not to be confused with the People’s Bank of China, announced its plans to invest further in fintech innovation, according to local news outlet The Paper August 9. Citing comments at a press conference on the banking industry, The Paper reports that the Bank of China’s Chief Information Officer…
Ethereum breaks out against Bitcoin: Is a strong bull rally in the works?
Ether's (ETH) price has broken out for the first time in 23 days in its Bitcoin (BTC) pair. It follows a high-profile announcement from Visa to use USDC, a stablecoin based on the Ethereum blockchain.Although ETH/BTC saw a strong technical breakout, the uptrend has been fueled by firm fundamental catalysts, buoying the short-term bull case…
Bitpay Shuns Lightning and Liquid, Says Actual Bitcoin Payments Still Dominate
Bitpay won’t be using Lightning or Liquid any time soon, with actual Bitcoin payments still accounting for 95% of transactions. 1571 Total views 44 Total shares Pioneering crypto payments service Bitpay has revealed that Bitcoin still overwhelmingly dominates payments and that it has no plans to use second layer solutions like the Lightning or Liquid…