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Open Oracle Network DIA Launches Lumina to Bolster Web3 Data Infrastructure


DIA, an open oracle network, has launched a new oracle architecture called Lumina. The design aims to enhance trustless data infrastructure for Web3, offering improvements in scalability and decentralization. DIA Introduces Lumina: A New Trustless Oracle Architecture According to the statement...

Polygon Labs to Invest $5 Million in Acquiring VPU-Based Server Systems


Polygon Labs has announced a $5 million investment in Fabric’s custom Verifiable Processing Unit (VPU) to enhance the performance of its ZK-powered protocols. This investment marks Polygon Labs as the first protocol to adopt these next-generation crypto-native hardware systems. The VPU, designed...

Ramp Network Expands Crypto Services to All 50 US States


Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its user base by adding support for 17 more states, making it easier for users to buy and sell...

Sony Removes Failed Hero Shooter Concord From Everyone's PS5 Accounts


Concord’s servers officially went offline last Friday on September 6. The always-online hero shooter, which launched on August 23, became unplayable at that point, but Sony didn’t stop there. The company has since taken the unprecedented step of also removing the game entirely from players’...

Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility


Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September. Compass Mining Scales Iowa Facility The bitcoin mining operator Compass Mining shared that it has energized 3,000 machines...

Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone


After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is more than 13 EH/s above the previous level. Bitcoin Smashes Another Hashrate Record, Climbing 66 EH/s in a Week...

Bitcoin Hashrate Hits Record High as Prices Drop Below $55K


As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday,...

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