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Ava Labs Cuts Staff by 12% to Reallocate Resources for ‘Growth’ – Here’s the Latest
7.11.2023
Source: AdobeStock / freshidea Ava Labs, the team behind the Avalanche ( AVAX) blockchain, has confirmed a 12% reduction in its workforce citing the need to reallocate resources as the driving force behind the staff cuts. Emin Gün Sirer, founder and CEO of Ava Labs, announced the news in a recent...
Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion
7.11.2023
Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal
Northern Data Secures $610 Million Debt Financing from Tether as New ASIC Technology Makes Mining Profitable Again
2.11.2023
Northern Data AG, Europe’s largest Bitcoin mining company, has secured a debt financing facility of around $610 million from a company within the Tether Group amid advancements in ASIC technology that have made mining profitable again. The loan agreement, which has a term until January...
US Lawmakers Ask DOJ to Consider Criminal Charges Against Binance and Tether
28.10.2023
Two U.S. lawmakers have asked the U.S. Department of Justice (DOJ) to consider criminal charges against Binance and Tether, alleging that the two crypto platforms were used to fund Hamas. “We urge the Department of Justice to carefully evaluate the extent to which Binance and Tether are providing...
Pennsylvania State House Committee Passes Bill on ‘Reporting Requirements’ for Crypto Miners
19.10.2023
The Environmental Resources and Energy Committee of the Pennsylvania General Assembly recently passed a bill which proposes “reporting requirements for qualifying crypto-asset mining operations.” Sponsor of the draft legislation Greg Vitali said the bill “doesn’t prohibit...
NetMind AI Unveils the Beta Version of Netmind Power For Decentralized Machine Learning
16.10.2023
PRESS RELEASE. The AI-focused tech start-up NetMind.AI has launched the Beta version of Netmind Power, a decentralized platform which allows machine learning (ML) researchers and practitioners to train and fine-tune ML models by leveraging a network of volunteer computing resources distributed...
Soliciting the Saudi Crown Prince and Buying Snapchat: Ex-Alameda Chief Reveals Covert Dealings in SBF’s Fraud Hearing
11.10.2023
FTX’s former CEO, Sam Bankman-Fried (SBF), allegedly guided staff to inappropriately utilize FTX client resources and hide financial vulnerabilities from various lenders, revealed former Alameda Research CEO Caroline Ellison during Wednesday’s hearing in SBF’s ongoing fraud case....
Crypto Exchange Bybit Suspending Services in UK to Comply With New Regulations
25.9.2023
Cryptocurrency exchange Bybit is suspending services in the U.K. next month in order to comply with the new rules set by Britain’s top financial regulator, the Financial Conduct Authority (FCA). “The suspension will allow the company to focus its efforts and resources to best meet...
Unveiling 15+ Essential Tools & Resources for Web Designers and Agencies in 2023 (Sponsored)
12.9.2023
You’ve visited countless websites, and now you’re designing your own. Stop and think for a minute about what you’ve liked and didn’t like about some of those you visited. Was it the front page, the layout in general, or the functionalities that either met with your satisfaction or turned you off?...
Unveiling 15+ Essential Tools & Resources for Web Designers and Agencies in 2023 (Sponsored)
12.9.2023
You’ve visited countless websites, and now you’re designing your own. Stop and think for a minute about what you’ve liked and didn’t like about some of those you visited. Was it the front page, the layout in general, or the functionalities that either met with your satisfaction or turned you off?...
AI could revolutionize human resources, but there are risks
1.9.2023
While AI has the power to revolutionize human resources, it also leaves HR professionals open to certain risks
Shiba Inu’s Shibarium Returns to Full Operation After Navigating Bridge Issues
30.8.2023
The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the bridge. Shiba Inu’s Shytoshi Kusama thanked Sandeep Nailwal, the co-founder of Polygon Labs, who stepped in with crucial resources to address the issue....
Brazil Proposes Plan to Settle Bilateral Trade With Argentina in Chinese Yuan
26.8.2023
The government of Brazil has formally presented a proposal to Argentina to settle bilateral trade transactions in the Chinese yuan. The proposal, which would leverage resources in the Chinese credit swap line, aims to maintain trade between the countries and secure the payment of Brazilian...
Central African Republic Plan To Tokenize Land And Natural Resources
24.8.2023
The Central African Republic has rolled out plans to tokenize its land and natural assets as the country seeks more adoption around its blockchain projects.
According to the announcement on X (Twitter), the country will expand the utility of its Sango blockchain project to include citizenship...
Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
19.8.2023
One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation...
‘Talk2Satoshi’ — Developer Launches Unique AI Chatbot Infused With Bitcoin Knowledge
4.6.2023
In the midst of the buzz surrounding artificial intelligence (AI), a developer has crafted a fresh chat platform that harnesses the power of Openai’s Chatgpt. However, this creation sets itself apart by being trained on a myriad of resources specifically focused on Bitcoin and its enigmatic...
Report: Xbox Exclusive Redfall Suffered From Few Resources, Poor Direction
1.6.2023
While Redfall’s rough launch and poor reviews scores caught many Xbox fans off-guard, Bloomberg now reports that developers at the studio behind it, Arkane Austin, were aware of the issues for years. The online vampire shooter was pitched as a live service game with microtransactions,...
7 must-read books for aspiring tech entrepreneurs
29.5.2023
Whether you’re a budding entrepreneur or looking to enhance your business skills, explore the seven books that offer a wealth of knowledge to help you thrive in the dynamic tech industry
Treasury Secretary Yellen Revises Debt Default Date: US Government Could Exhaust Funds by June 5
28.5.2023
U.S. Treasury Secretary Janet Yellen has updated her projection regarding the date the U.S. government could default on its debt obligations. She warned that the Treasury “will have insufficient resources to satisfy the government’s obligations if Congress has not raised or suspended the debt limit...
How to learn JavaScript using ChatGPT
27.5.2023
Discover how to learn JavaScript effectively using ChatGPT, an AI-powered language model