GAIMIN is creating the world’s largest GPU-based DePIN to address the increasing worldwide demand for data processing power. GAIMIN’s DePIN, called gaimin.cloud, currently focuses on delivering data processing services for Artificial Intelligence (AI), Video Rendering (VR) and the powering of blockchain computations. GAIMIN’s approach is based on users allowing their devices to participate in GAIMIN’s […] Source: https://news.bitcoin.com/gaimin-delivering-web3-to-the-gaming-ecosystem/
Month: March 2024
As Bitcoin ETFs Gain $1 Billion in One Day, Analyst Warns of Liquidity Crunch
Demand for U.S. Bitcoin spot ETFs smashed another record on Tuesday, exceeding $1 billion of daily net inflows for the first time ever. Outflows from the Grayscale Bitcoin Trust (GBTC) are still consistent, but have slowed to $79 million—down from $494 million a day prior. Meanwhile, BlackRock’s iShares Bitcoin Trust (IBIT) hauled a record $849 million, with smaller rivals like…
Coinbase Stock Jumps Following Plans for $1 Billion Convertible Notes Sale
Coinbase will raise $1 billion in convertible senior notes in a private offering, the top crypto exchange announced on Tuesday. Coinbase stock—which trades as COIN on the Nasdaq—is up 3% today, priced at $263.86, Nasdaq data shows. It closed at $256 on Tuesday and rose above $268 on Wednesday morning before settling to the current price. Over the past month,…
How crypto is leading the way in upskilling
Upskilling focuses on expanding employees’ abilities and scope of knowledge within their current field. Our always-on mentality toward upskilling drives investment in the growth and advancement of our global team through initiatives like our Talent and Development program. Why invest in upskilling? Doom and gloom about technology eliminating human jobs has been around for hundreds of years. But how often…
Blast Network Temporarily Halts Amid Dencun Upgrade; Fix Deployed
Blast, a new Ethereum layer two (L2) scaling solution, paused its block production due to issues arising from the recent Dencun upgrade on the Ethereum mainnet, with its team diligently seeking a fix. Since launching its mainnet on Feb. 29, 2024, and amassing billions in crypto assets through its Ethereum bridge, the project has gained […] Source: https://news.bitcoin.com/blast-network-temporarily-halts-amid-dencun-upgrade-fix-deployed/
Ethereum Layer-2 Blast Suffers Outage as Dencun Upgrade Goes Live
Blast, a rising Ethereum layer-2 scaling network, has stopped producing blocks following the long-anticipated launch of the Dencun upgrade to the Ethereum mainnet. The Blast team tweeted at 10:41am ET that it is working on a fix. “The Blast Mainnet has stopped producing blocks due to issues related to Ethereum’s Dencun upgrade. Core engineering contributors are working on a fix.…
Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike
Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would be allocated for “working capital and capital expenditures.” Coinbase […] Source: https://news.bitcoin.com/coinbase-aims-to-raise-1-billion-through-convertible-bond-sale-as-shares-spike/
Dencun Upgrade Goes Live, Ushering in New Era for Ethereum
Ethereum’s much-anticipated Dencun upgrade went live Wednesday morning without a hitch, ushering in a new chapter for the blockchain that is poised to substantially lower transaction costs across Ethereum layer-2 networks and massively expand the blockchain ecosystem’s capabilities. Just before 10 a.m. EST, the Dencun upgrade was successfully implemented. It will now take a period of about a month or…
ceτi AI Announces Successful Launch of Revolutionary Decentralized AI Infrastructure Token
ceτi AI, a pioneering decentralized artificial intelligence infrastructure provider, is thrilled to announce the successful launch of its CETI token. Founded by a team of visionaries led by Dennis Jarvis (formerly of Bitcoin.com and Apple), ceτi AI is on a mission to democratize access to AI by building a globally distributed, high-performance, intelligent, and scalable […] Source: https://news.bitcoin.com/ce%CF%84i-ai-announces-successful-launch-of-revolutionary-decentralized-ai-infrastructure-token/
CPI COMES IN, BTC HOLDS 72
Bitcoin (BTC) at $72k and Ethereum (ETH) at $4035, both up 1%. Solana (SOL) rises 3% to $152. Leading gains: TON, XRP, IOTA, FLOW. Bitcoin nears record high with significant ETF investments. Solana sees spike in new users. TON surges 30% with Telegram IPO rumors. Ark Invest offloads $69m in Coinbase stock. Predictions: Bitcoin could outdo gold, potentially reaching $150k.…