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Vietnam releases blockchain strategy, aims for regional leadership
23.10.2024
Vietnam’s new blockchain strategy focuses on legal frameworks, infrastructure and international cooperation, as it aims to boost innovation and build a thriving ecosystem
BitFuFu boosts Bitcoin mining with first physical facility in Ethiopia
22.10.2024
BitFuFu is no longer exclusively a cloud miner as it transitions to a more resilient portfolio.
Core Scientific to host more CoreWeave infrastructure, targets $8.7B revenue
22.10.2024
CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to power Nvidia GPU operations.
Euroclear makes first Asia investment with Marketnode stake
17.10.2024
The major European securities settlement firm has found an Asian platform for its FundPlace offering
BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor
17.10.2024
A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries like Zimbabwe escape debt cycles and discussed...
DTCC launches digital sandbox to innovate capital market infrastructure
16.10.2024
The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases
DTCC launches digital sandbox to innovate capital market infrastructure
16.10.2024
The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases
Natural disasters wreck FinTech infrastructure, proving cash is still king
16.10.2024
The lessons from recent hurricanes shouldn't be ignored. It’s time to upgrade internet infrastructure and position people to achieve financial sophistication
Blockstream Completes $210 Million Convertible Note Financing Round
15.10.2024
Blockstream, a bitcoin infrastructure firm, announced on Tuesday the successful closure of a $210 million convertible note financing round, led by the investment firm Fulgur Ventures. According to the firm, the funds will be directed toward accelerating the adoption and development...
Paxos debuts new stablecoin payment platform with Stripe
15.10.2024
Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said
Andre Cronje critiques appchains: High costs and liquidity challenges
13.10.2024
While Cronje highlights concerns about L2 appchains, others argue that emerging solutions can address these challenges
JPMorgan CEO Jamie Dimon Warns of ‘Treacherous’ Global Tensions — and It’s Getting Worse
13.10.2024
JPMorgan Chase CEO Jamie Dimon sounded the alarm on mounting global instability, warning it could spark far-reaching economic disruptions. The executive stressed the toll of geopolitical tensions and the looming risks of fiscal deficits and remilitarization. With uncertainty escalating, Dimon urged...
Cleanspark Sets Ambitious New Hashrate Target After Reaching 30 EH/s
11.10.2024
Cleanspark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash per second (EH/s). The company expects to surpass 37 EH/s by the end of 2024 and aims for further growth to 50 EH/s in 2025. Cleanspark Now Operates 30 EH/s...
BRICS Nations to Expand Use of National Currencies Through New Financial Platform
11.10.2024
Russian presidential aide Yury Ushakov announced new BRICS initiatives to increase the use of national currencies in trade, backed by financial infrastructure developments like a BRICS-wide platform and special clearing systems. This move aims to simplify transactions between member nations...
OpenAI may not turn a profit until 2029 despite rapid growth
10.10.2024
Despite growing revenues, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep
OpenAI may not turn a profit until 2029 despite rapid growth
10.10.2024
Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep
Palau introduces blockchain savings bonds with Soramitsu
8.10.2024
Palau Invest savings bonds will raise money for local infrastructure and provide a new means of saving
Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says
8.10.2024
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is creating jobs, boosting revenue, and funding...
Bitcoin Miner Terawulf Offloads 25% Stake in Equity to Bolster AI and HPC Operations
4.10.2024
Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing (HPC) and artificial intelligence (AI) infrastructure...
Web3 Infrastructure: The Building Blocks of Decentralized Internet
2.10.2024
The evolution of the internet has transitioned through multiple phases, from Web1, characterized by static pages, to Web2, where interactivity […]
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