Crypto exchange Coinbase has partnered with the open-source protocol Lightspark to provide its users a Layer-2 solution for the Bitcoin network. Users of Coinbase would supposedly benefit from faster and cheaper Bitcoin transactions in the future as a result of this strategic alliance. To enable inexpensive and quick transactions across
April 4, 2024 2 mins read
In order to increase output and efficiency in preparation for the halving event, Bitcoin miner Bitfarms has purchased 87,796 miners. Bitfarms revealed their ambitions to expand their farm in the future, acquire more miners, and increase their capacity this year in a social media post on X on April 2.
April 3, 2024 1 min read
A strategic alliance has been announced by GPU network that is decentralized io.net and Allora, a self-improving decentralized AI network. One of the best platforms for ML developers to quickly build scalable GPU clusters for AI model training and inference is Io.net. Moreover, io.net improves the computational efficiency and model accuracy
April 2, 2024 2 mins read
Activating decentralized governance, the treasury, and partner chains are crucial catalysts for achieving blockchain sustainability, according to Cardano’s founder Charles Hoskinson. In response to a previous article on X, the founder of Cardano provided these important factors that would ensure the blockchain’s long-term viability. In order to make Cardano more
April 1, 2024 1 min read
Bitcoin (BTC) is more appealing to young people than gold, according to renowned crypto skeptic and businessman Peter Schiff, since it is more likely to see growth during their “short lifetimes.” It has become more clear that Bitcoin is a superior asset than more conventional ones, such as gold. The
April 1, 2024 2 mins read
Paper Ventures and Maven11 spearheaded mysterious blockchain Sophon’s successful $10 million fundraising campaign. Notable companies like Spartan, SevenX, OKX Ventures, and Huobi Ventures contributed to the investment round. The specifics of what Sophon involves are still mostly unclear, having only been mentioned in a small number of tweets so far. The
March 30, 2024 1 min read
We are thrilled to report that Horizen has successfully deployed our proof verification chain on the testnet, marking a significant milestone. With this substantial advancement, the Horizen ecosystem enters a new phase where our goal is to redefine blockchain efficiency. Background Narrative In the modular blockchain stack, Horizen is innovating
March 29, 2024 2 mins read
A major participant in the asset management industry, Fidelity Investments oversees $4.5 trillion in assets and has just taken a bold decision. A Spot Ethereum Exchange-Traded Fund (ETF) application was filed by the firm with the US SEC using an S-1 form. In their Wednesday filing, Fidelity hinted that they
March 28, 2024 2 mins read
Unstable Protocol is working to revolutionize the rapidly growing Liquid Restaking Token Finance (LRTfi) space, having raised $2.5 million in its most recent seed investment round. Several ETH-aligned funds, including Lattice, Laser Digital (Nomura Group), Blockchain Founders Fund, Assouline Ventures, Agnostic Fund, Artichoke Capital, Black Edge Capital, NewTribe Capital, and
March 27, 2024 2 mins read
The most recent signs point to both growth and a radical change. The market’s current maturation towards logic, efficiency, and increased risk awareness is in line with the growing interest in DeFi returns. “The State of DeFi” report from Exponential, an investment platform for crypto holders has shed light on
March 27, 2024 4 mins read
