Elon Musk’s xAI Colossus goes online — and it really is colossal
Elon Musk’s xAI launched Colossus, now the most powerful AI training system, setting a new benchmark in the AI race with a 100k H100 training cluster that will soon double in size.
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Decentralized storage providers power the Web3 economy, but adoption still underway
The promise of owning and managing one’s own data is revolutionary, creating increasing interest in Web3 platforms and applications. For instance, recent findings show that the Web3 market was estimated to be worth around $2.9 billion last year, yet this number is expected to reach $23.3 billion by 2028. Web3 is also capturing the interest…
FTX illustrated why banks need to take over cryptocurrency
FTX — the three letters on everyone’s lips in recent days. For those active in the crypto space, it has been a shattering blow as a tumultuous year for crypto nears an end. The repercussions are severe, with over a million people and businesses owed money following the collapse of the crypto exchange, according to bankruptcy…
Bitcoin Hash Rate to Hit a Whopping 100 Quintillion for the First Time
Bitcoin (BTC) is aiming for a new network record as its hash rate is just inches away from hitting three figures.Bitcoin hash rate nearing 100 quintillionData from statistics and wallet provider Blockchain published on Sept. 8 shows that as of that date, Bitcoin’s hash rate has topped 94 quintillion hashes per second. Bitcoin network hash rate.…
Digital yuan conceived to counter Alipay-like platforms, says former PBoC executive
Chinese "crypto dad" and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government. 511 Total views 1 Total shares China’s digital yuan will utilize smart contracts, and will be built to counter Alipay-like payment platforms designed by the privately owned conglomerates, former People’s Bank of China director Yao…
Pennsylvania, Wisconsin drive surge in crypto interest among swing states
According to a16z’s “State of Crypto” report, crypto interest has surged in three of the top five swing states since 2020.
Colombia central bank recommends limiting CBDC holdings and spending
The central bank of Colombia has not yet decided whether or not to issue a central bank digital currency (CBDC), but believes that setting limits on CBDC transactions could bring about a number of benefits.In its latest CBDC study, titled “Expected Macroeconomic Effects of Issuing a Retail CBDC,” Colombia’s Banco de la República concluded the…
Venezuela Smashes Weekly Bitcoin Trading Record With 114B Bolivars
Bitcoin (BTC) trading has hit a giant new record yet again in Venezuela as the country’s crippling hyperinflation continues to play out.Localbitcoins volume up 48%Data published on Sep. 2 from monitoring resource Coin Dance, which tracks trade volumes on P2P crypto exchange platforms, showed Venezuelans traded more last week than ever before.In the seven days…
HashKey and Catizen join forces in TON ecosystem expansion
HashKey Group’s collaboration with Catizen on the TON ecosystem marks a significant step in Web3 and GameFi development.