Bitcoin miner Hut 8 lands $150M investment amid AI boom
Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing.
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WisdomTree withdraws its Ethereum Trust S-1 registration filing
WisdomTree has requested to withdraw its Ethereum Trust registration filing with the SEC while asking to apply the fees as a credit for "future use."

Bitcoin Could Revolutionize Governance, Says Cypherpunk Jameson Lopp
Jameson Lopp — a crypto industry figure and self-proclaimed professional cypherpunk — described Bitcoin (BTC) as the first step in a broader transition to an anarcho-capitalist society. Lopp’s comments were made in an interview on the Stephan Livera Podcast, published Dec. 29.According to Lopp, Bitcoin is an experiment that — if successful — could make…

Bitcoin Gold Copycat Rally ‘Just Started’ Amid Worries of March Repeat
Growing belief in Bitcoin following gold higher contrasts with chart analysis, which shows multiple weaknesses remain. 565 Total views 11 Total shares Bitcoin (BTC) is preparing to copy gold as it aims for all-time highs, according to an exchange amid fresh warnings that a correction is due.In a tweet on July 9, LATOKEN highlighted the…

Celo’s Blockchain Accelerator Invites Devs to Compete for $25K
Open-source project Celo is calling on blockchain innovators to participate in CeloCamp, an entrepreneurial initiative that seeks to highlight the potential of global financial inclusion, mass adoption of digital money and the acceleration of blockchain startups.With its new phase announced on March 20, the initiative is reportedly backed by more than 80 companies, venture firms,…

Elon Musk reaffirms AI’s potential to destroy civilization
Speaking about artificial intelligence's potential for civilizational destruction, Musk said, “Anyone who thinks this risk is 0% is an idiot.” 212 Total views 3 Total shares Own this piece of history Collect this article as an NFTWhile tech giants across the world work on materializing the idea of having a generative artificial intelligence (AI) to…

Turning bullish? Institutions are net buyers of crypto for the first time in 5 weeks
CoinShares’ weekly report showed institutional managers are buying into crypto funds again after four weeks of profit taking. 810 Total views 5 Total shares Following their longest streak of selling since February 2018, institutional managers became net buyers of digital asset funds last week, offering cautious optimism that the worst of the market selloff has passed. Inflows…

Libra Will Allow Facebook to Spike Ad Prices, Zuckerberg Reportedly Says
Facebook’s ads business will get a bump due to Libra integration, Zuckerberg reportedly said at a shareholders meeting. 1759 Total views 131 Total shares The proposed Libra cryptocurrency will allow Facebook to increase ad prices, the social network’s CEO Mark Zuckerberg said at the annual shareholder meeting on Wednesday, according to Cnet. At the event, Zuckerberg…

Payment Processor Netpay to Integrate Blockchain-Based Tool: Report
Major global online payments firm Netpay International has partnered with Israeli firm BNC LedgerTech to integrate blockchain into its services, Finance Magnates reported on Feb. 12.Netpay International will reportedly become the fourth fintech firm to use BNC LedgerTech’s digital, blockchain-based banking solution “Ubanker.”By using the blockchain-based tool, Netpay International will reportedly cut operation costs. According…