Hut 8 launches GPU-as-a-service program for AI developers

August was the worst month for the crypto markets since Bitcoin (BTC) bottomed out in November 2022. What was initially perceived by many as merely a summer slump turned into a pronounced market downturn as liquidations cascaded on the derivatives market, erasing 7.3% of BTC’s and 6.9% of Ether’s (ETH) value. Grayscale’s court victory was

Bitcoin (BTC) continues to face strong selling as bulls attempt to flip the psychological level at $60,000 into support. Some analysts believe that Bitcoin could enter a correction as traders book profits following the successful launch of last week's Bitcoin exchange-traded funds.In the past, the launch of the Bitcoin Futures product by the Chicago Mercantile…

If the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity. 243 Total views 3 Total shares Cryptocurrency custody firm Anchorage Digital and major mining manufacturer Bitmain could take equity stakes in Core Scientific as part of the firm’s restructuring plan.According to…

Arbitrum is one of Ethereum’s layer-2 scaling solutions designed to improve smart contracts’ efficiency and transaction execution on the network while reducing fees drastically and adding extra privacy features. L2 networks are software that sit on top of the base layer of a blockchain like Bitcoin or Ethereum to boost the platform’s efficiency and offer…

Bitcoin market commentators are increasingly confident that BTC price action is building a breakout, which will make history.

London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain this May, Reuters UK reports today, Dec. 3.Calastone processes mutual fund trades for over 1,700 financial companies, including JPMorgan Asset Management, Schroders, and Invesco, according to Reuters.The move will transform current services by using a shared ledger to…

Less than two weeks after the consultation process’ start, the prevalent mood in the comments section appears quite negative. 353 Total views 44 Total shares In less than two weeks that passed since the European Commission opened its "Digital euro for the EU" initiative up to public consultation, more than 11,000 individuals and organizations left…

The Jamaica Stock Exchange (JSE) has selected Canadian fintech company Blockstation to facilitate the trading of digital currencies and tokens on the JSE, according to an August 14 press release. Upon implementation of the project, JSE will provide trading, quotes, execution, and settlement services for cryptocurrencies and tokens. Kirk Brown, Head Trader for a broker…