GPU DePIN io.net has made the announcement that it has entered into a strategic relationship with ParallelAI, which is the leading provider of solutions for optimizing parallel processing for artificial intelligence developers. Through the partnership between the two organizations, the decentralized GPU computing capabilities of io.net will be thoroughly integrated into
October 18, 2024 3 mins read
Bitcoin hashing power marketplace NiceHash recently announced the release of the first firmware created exclusively for Kaspa network mining. Up to 20% more ASIC performance may be achieved with its specialized Kaspa software. Kaspa’s low energy usage, strong decentralization, and enormous scalability are all intended to promote fair mining. The
October 16, 2024 2 mins read
As blockchain-backed digital assets that are anchored to fiat currencies or other assets, stablecoins have become more popular in the global financial scene. These digital currencies promise to transform international finance by providing stable, transparent, and effective cross-border transactions. But because of their quick expansion, regulatory agencies all over the globe
October 15, 2024 3 mins read
CrossFi, a Layer 1 payments network has announced the launch of its mainnet that is compatible with EVM. CrossFi’s decentralized web3 payment ecosystem is powered by the CrossFi blockchain. Businesses may now utilize CrossFi’s core products and execute payments for routine transactions thanks to the mainnet’s launch. CrossFi’s Layer 1 network offers a scalable framework for
October 14, 2024 3 mins read
US spot Bitcoin exchange-traded funds had net inflows of $253.6 million on October 11, after a string of three trading days in which they had seen withdrawals. Farside Investors data reveals that the top two bitcoin funds in terms of net inflow were the Fidelity Wise Origin Bitcoin Fund with
October 12, 2024 2 mins read
Littio, a Colombian Neobank focusing on tackling the currency depreciation issue for Latin Americans via different dollar-based product offerings, has begun leveraging OpenTrade’s real-world asset (RWA)-backed yield vaults, or “Yield Pots,” via the Avalanche blockchain network. Littio provides clients with yield-bearing savings pots via OpenTrade, with returns guaranteed by US
October 10, 2024 3 mins read
COTI, the lightest and fastest privacy layer in Web3, has announced that it would be partnering with Gitcoin to launch a $500K grants program. The initiative’s goal is to hasten the creation of privacy solutions for the benefit of the larger web3 ecosystem. Through the collaboration, COTI will be able to take use
October 9, 2024 3 mins read
The first Bitcoin-linked Structured investment in the Gulf Cooperation Council (GCC) has been launched by the National Bank of Bahrain (NBB) in partnership with APR Digital. The flagship cryptocurrency will be available to approved investors via this fund. At the same time, this is fantastic news for Bitcoin’s acceptance in
October 7, 2024 2 mins read
Metaplanet has been steadily adding to its Bitcoin holdings week after week, and with today’s acquisition, its stack now exceeds 639 Bitcoins. In the early hours of Monday’s trading on the Asia market, the Japanese corporation announced a further investment of 1 billion Japanese yen. This news comes as predictions
October 7, 2024 1 min read
The total market cap of the cryptocurrency market increased by 8.0% in September 2024, propelled by positive global macroeconomic trends as per the latest report by Binance Research. Market optimism was fueled by favorable U.S. job market statistics and the Federal Reserve’s decision to reduce the federal funds rate by 50 basis
October 4, 2024 4 mins read