Jump Crypto, a Web3 infrastructure developer, reached a major milestone as an early version of its Firedancer Solana validator client, which has been dubbed “Frankendancer” launches on the Solana mainnet. During his keynote speech at the Solana Breakpoint event in Singapore, Jump Crypto’s Chief Science Officer Kevin Bowers announced that Frankendancer is now live on the mainnet, while the Firedancer…
Month: September 2024
Bhutan’s $750M revenue from Bitcoin mining sets model for developing nations
Bhutan’s experience with mining Bitcoin could serve as a powerful example for other developing nations that seek to improve their economies. Source: https://cointelegraph.com/news/bhutan-revenue-bitcoin-mining-developing-nations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Microstrategy Announces Plans to Buy More Bitcoin Following $1.01B Private Offering
Microstrategy has revealed plans to acquire additional bitcoin after completing a $1.01 billion offering of convertible senior notes. This move comes as part of the company’s ongoing strategy to use proceeds from debt and equity financing to accumulate bitcoin as a treasury reserve asset. Microstrategy Completes $1.01B Private Sale Microstrategy (Nasdaq: MSTR), a publicly traded […] Source: https://news.bitcoin.com/microstrategy-announces-plans-to-buy-more-bitcoin-following-1-01b-private-offering/
Terraform Labs Could Pay Up to $442 Million as Bankruptcy Judge Approves Wind Down
Defunct stablecoin firm Terraform Labs has had its application for Chapter 11 bankruptcy approved by a Delaware court. Judge Brendan Shannon called the move a “welcome alternative” that avoids complex further litigation over the losses by Terraform’s investors, according to reporting by Reuters. The company was mainly known for its TerraUSD (UST) stablecoin and accompanying Luna (LUNA) token. Both assets…
Hashgraph Association to explore digital asset use cases with Qatar stakeholders
The Hashgraph Association will explore digital asset use cases like equity and real estate tokenization with stakeholders in Qatar. Source: https://cointelegraph.com/news/hashgraph-association-qatar-digital-asset-tokenization-use-cases?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy raises $1.01B for Bitcoin acquisitions
MicroStrategy completes a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment. Source: https://cointelegraph.com/news/microstrategy-raises-1-billion-bitcoin-purchase?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Aethir partners with Filecoin to solve GPU shortage, boost AI
Aethir and Filecoin’s partnership integrates GPU leasing services with decentralized storage, advancing AI and Web3 infrastructure. Source: https://cointelegraph.com/news/aethir-filecoin-tackle-gpu-scarcity-ai-web3-cloud-computing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitget Reports 1,600% Surge in African Users
Bitget has seen a significant increase in African users, driven by factors like copy trading popularity and the growth of the TON ecosystem. The exchange has focused on user education and accessibility to attract users in the region. Bitget Wallet has become a top-ranked app in Nigeria, surpassing popular platforms like Tiktok and Whatsapp. Copy […] Source: https://news.bitcoin.com/bitget-reports-1600-surge-in-african-users/
Bull cycles spark ‘some seemingly rational reason’ to compromise security: Ledger exec
Ian Rogers of Ledger stresses the importance of self-custody and warns against complacency during crypto market booms. Source: https://cointelegraph.com/news/ledger-exec-warns-security-risks-bull-cycle-centralized-exchanges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
With The iPhone 16 Comes AI’s New Trick: Ultimate Consumer Lock-in
Remember when switching from iPhone to Android was simply a hassle? Brace yourself: With today’s launch of iPhone 16 and the proliferation of personalized AI clouds, it’s about to be virtually impossible. Tech titans are wielding AI as if it were superglue, making it increasingly difficult for users to escape their ecosystems. Apple, Google, Samsung and other major tech companies…