Three-Mile Island nuclear site reopening to power AI
The site was ground zero for a partial nuclear meltdown in 1979, which affected a separate unit and caused nearby areas to evacuate.
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Altcoin seasons ‘will be weaker’ moving forward, says analyst
Popular crypto analyst Willy Woo says that the altcoin market cap “is like the cricket bat that has had 10 new handles and 10 new blades.”
French startup Mistral AI closes $415M funding round
The French artificial intelligence startup Mistral AI closed a funding round worth around $415 million as it strives to be the EU’s rival to OpenAI and accelerates the EU AI race. French artificial intelligence (AI) startup Mistral AI has announced it raised €385 million ($415 million) in its latest funding round to develop its technology
Terra’s Mirror Protocol shows first signs of bottoming after price gains 30% in 48 hours
Mirror Protocol, a decentralized finance (DeFi) protocol built atop the Terra blockchain, was among the biggest gainers in the last 48 hours, primarily as its native token MIR rallied by over 30% to $1.48, its highest level since Jan. 22.MIR/USD four-hour price chart. Source: TradingViewHas Mirror Protocol bottomed out?MIR price rose despite an absence of concrete fundamentals,…
Report: Big Four Firms to Become ‘Crucial Part’ of DeFi Ecosystem by 2030
DeFi will see a number of bullish developments over the long term, the latest dGen report alleges. 812 Total views 14 Total shares Big Four accounting firms like KPMG and Deloitte will become an important part of the decentralized finance — or DeFi — in the coming decade, according to Berlin-based non-profit think tank dGen. In…
Central bank overkill: Russia’s proposed crypto ban and why everyone’s against it
On Jan. 20, the Central Bank of Russia (CBR) issued a report summarizing its position on digital assets and proposing a ban on any crypto trading and mining operations in the country. Although the CBR’s strict position on the matter was never a secret, such a bold statement triggered waves of fear, uncertainty, and doubt…
Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports
The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report. 2802 Total views 12 Total shares The consolidation of cryptocurrency-related companies surged massively in 2020, hitting a new record in deal activity, according to a new report by professional…
Commodity strategist predicts Bitcoin ETF could get the nod in US next month
A Bitcoin ETF could be approved by U.S. regulators by October. according to Bloomberg Intelligence Commodity Strategist Mike McGlone. 620 Total views 16 Total shares Bloomberg Intelligence Commodity Strategist Mike McGlone believes it is only a matter of time before the U.S. Securities and Exchange Commission (SEC) approves the country’s first Bitcoin exchange-traded fund (ETF).In…
Robinhood reportedly shelves IPO plans in wake of GameStop PR disaster
An IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence. 643 Total views 13 Total shares Trading app Robinhood may have put its plans for an initial public offering on hold after public opinion turned against the…