Category Archive: Cryptocurrency, No picture
Russia to ban Bitcoin mining in select regions due to power shortages
Key Takeaways Russia will enforce crypto mining bans in energy-deficient regions. The government aims to address power shortages caused by high electricity consumption. Share this article Russia is considering banning Bitcoin and crypto mining in certain regions due to electricity shortages, according to a new report from the state news agency TASS, citing Deputy Minister […]
DWF Labs appoints new partner following drink-spiking allegations against Eugene Ng
Key Takeaways Lingling Jiang replaces Eugene Ng as partner at DWF Labs following his removal due to drugging allegations. Allegations against Eugene Ng include spiking a woman’s drink, leading to his immediate removal from DWF Labs. Share this article DWF Labs has appointed Lingling Jiang as its new Head of Business Development Strategy. Jiang will […]
Bitcoin ETFs record largest single-day inflow since June as Bitcoin touches $73K
Key Takeaways Investors flocked to US Bitcoin ETFs on Tuesday, pouring in a record $870 million. The surge coincided with Bitcoin’s 7% weekly gain, propelling the crypto above the $73,000 mark. Share this article US spot Bitcoin ETFs saw a massive $870 million net inflow on Tuesday, the largest single-day influx since June 4, according […]
Bitcoin could join Florida state pension funds under CFO’s proposal
Key Takeaways Florida’s CFO proposes Bitcoin to diversify state pension funds. Bitcoin described as “digital gold” in recent investment discussions. Share this article Florida CFO, Jimmy Patronis, sent a letter to Chris Spencer, Executive Director of the Florida State Board of Administration, requesting a report to consider Bitcoin and other digital assets as a viable […]
Grayscale starts the clock on SEC decision to convert GDLC fund to an ETF
Key Takeaways Grayscale moves closer to launching a multi-asset ETF on NYSE with GDLC fund. The ETF will comply with NYSE Arca Rule 8.800-E for asset custody and trading. Share this article Grayscale, through NYSE Arca’s recent filing, is moving to convert its Digital Large Cap Fund (GDLC) into an ETF, aiming to list and […]
Aethir, GAIB, and GMI Cloud integrate H200 GPUs into decentralized computing platforms
Key Takeaways Aethir, GAIB, and GMI Cloud are collaborating to provide decentralized access to high-performance H200 Tensor Core GPUs. The move could make AI and machine learning more accessible to a wider range of developers and businesses. Share this article Decentralized cloud infrastructure Aethir announced today it has teamed up with GAIB and GMI Cloud […]
TRON returns to Nigeria for TRON Connect Africa Community Event
Share this article Geneva, Switzerland, October 29,2024 – TRON DAO brought together students and industry professionals for a day filled with discussions, networking, and educational sessions at the TRON Connect Community Event in Uyo, Nigeria. Held at the University of Uyo, the event brought together over 200 students from across Nigeria.Program HighlightsEducational Workshops: Throughout the […]
MetaMask’s parent company Consensys lays off 20% of its workforce amid SEC legal battles
Key Takeaways Consensys has reduced its workforce by 20% due to economic and regulatory pressures. CEO Joe Lubin criticizes the SEC for its handling of crypto regulations. Share this article Consensys, the company behind the popular crypto wallet MetaMask, is laying off over160 employees, representing a 20% reduction in staff, Fortune reported Tuesday.The decision comes […]
Bitcoin spikes to $71,500, 4% away from all-time high
Key Takeaways Bitcoin’s recent price surge to $71,000 is closely linked to substantial inflows into Bitcoin ETFs. Despite market fluctuations, Bitcoin maintains a strong recovery momentum. Share this article Bitcoin has rallied over 5% to $71,500 and is now within striking distance of its all-time high of $73,700. The surge comes as the US presidential […]
Bitcoin miners accumulate as key indicator hints at price rally
Key Takeaways Bitcoin miners are accumulating BTC, indicating optimism for a price rally. The MPI remains low, suggesting miners are holding their positions for potential gains. Share this article Bitcoin miners hold as the Miner Position Index (MPI) indicator points to a potential price rally. The MPI, which tracks miners’ Bitcoin movements to exchanges, is […]
