Google is putting the icing on the cake for a busy week in the generative AI space with the launch of Imagen 3, its brand-new text-to-image model. This release builds upon the success of Imagen 2, introduced in December 2023, which already rivaled industry heavyweights like Dall-E 3 and MidJourney v5. Imagen 3, originally announced in May, boasts enhanced capabilities…
Web-based crypto arcade BSMNT (aka “Basement”) debuted on Thursday alongside the launch of a new gaming network called B3.fun—and both are built on top of Coinbase’s Ethereum layer-2 network Base as the chain starts to welcome more gaming activity. With crypto-fied riffs on massively popular Web2 games like brick-breaker Breakout and Crossy Road, as well as established Web3 games like…
According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by $140.9 million. Paypal’s PYUSD Nears $1B Milestone The stablecoin asset issued by Paypal is now the sixth largest stablecoin asset today after growing significantly over […] Source: https://news.bitcoin.com/paypals-pyusd-supply-swells-by-140-9m-in-10-days-becomes-sixth-largest-stablecoin/
The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter. Source: https://cointelegraph.com/news/goldman-sachs-capula-avenir-biggest-btc-etf-buyers-q2-coinshares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun. Source: https://cointelegraph.com/news/crypto-funding-tron-surpasses-ethereum-revenue-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The researchers based their ideas on “proof of personhood” technologies developed by the blockchain community. Source: https://cointelegraph.com/news/ai-researchers-solve-bot-problem-requiring-id-use-internet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023. Source: https://cointelegraph.com/news/ted-cruz-texas-senate-disclosure-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mastercard is all-in on blockchain. Earlier this week, the payments giant launched a debit card with MetaMask that allows holders to spend self-custodied tokens at any store or site where Mastercard is accepted (see: almost everywhere). “We’re opening up this crypto purchase power to our 100 million-plus acceptance locations,” Raj Dhamodharan, Mastercard’s head of crypto and blockchain, told Decrypt. “If…
The Nigerian government has seized approximately $37.5 million in digital assets from the organizers of the Endbadgovernance protests. The funds were frozen by a court order based on a claim by the Economic and Financial Crimes Commission, which alleged that the money was linked to money laundering and terrorism financing. Nigerians Feel Economic Pain The […] Source: https://news.bitcoin.com/nigeria-seizes-37-5m-in-digital-assets-after-court-grants-freezing-order/
The Bitcoin mining industry has grown into a multi-billion dollar sector powered by cutting-edge technology, immense energy consumption, and complex financial strategies. As Bitcoin’s value fluctuates, the companies at the forefront of mining have become pivotal in maintaining the network’s stability and security. Here’s a look at the biggest Bitcoin mining companies, ordered by market capitalization and their impact on…
