“As demand for GPU computing power is expected to soar in fields like gaming, metaverse development, architecture, animation, product design, augmented reality (AR), and more recently, AI tooling, RNDR may present an accessible alternative to expensive computing equipment typically required for creating 3D graphics,” Choi added. Source
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A tentative deal aimed at averting a US government default on its debts has relieved cryptocurrency miners, particularly bitcoin (BTC) ones. Ohio Representative Warren Davidson has revealed that the proposed agreement includes removing a controversial tax on the energy consumption of crypto miners. This development has ignited hope within the cryptocurrency community, potentially eliminating a major obstacle for bitcoin miners and opening doors for continued growth and innovation in the industry. The deal, recently unveiled by…
Decentralized finance (DeFi) platform Wintermute has transferred its Optimism (OP) tokens to a Binance exchange wallet ahead of the upcoming unlock that’s scheduled to release $587 million worth of tokens into the market. On May 31, 386 million OP tokens will be unlocked for early contributors and investors. The amount of tokens that will be released into the market accounts for 9% of the total supply. The tokens are worth around $587 million and are expected to increase the circulating supply by over 100%. Seemingly preparing for the token unlock,…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) finds itself in a critical position, experiencing a decrease in demand despite a recent break above the $28,000 price level. This prevailing bearish scenario provides no substantial backing for the asset’s current price movement to counteract further declines. A recent analysis conducted by CryptoQuant shed light on the current situation, emphasizing that bitcoin’s initial upward momentum was fueled by a burgeoning market demand, which appears to have significantly diminished in recent times. According to…
Casey Rodarmor, the creator of the Bitcoin Ordinals project, announced that he’s stepping down as the lead maintainer of the project. He has appointed pseudonymous coder Raphjaph as the next chief of the project. While Bitcoin (BTC) price has been moving sideways over the last few weeks, Bitcoin Ordinals aka the BRC-20 non-fungible tokens residing on the Bitcoin blockchain have gained massive traction. The demand for Bitcoin Ordinals has shot up significantly off-lately and is a major contributor to the gas fees on the Bitcoin blockchain. The total number of…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) has reshaped the financial world over the last few years, gaining mainstream attention and creating a new industry. While it will remain the biggest token in the space, is it the best investment opportunity if you want growth over the next few years? After all, it’s already had its boom period. Even if it surges back up to all-time highs and beyond, that will “only” be 2x or 3x based on current prices. What…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
The New Qredo remains aimed at the institutional crypto market, but now it’s low-cost and open to anyone, says COO Josh Goodbody. Source
If your gambling checklist consists of large game libraries, bonuses, and instant payouts, then you’re in for a treat at the best crypto gambling sites. To ensure you have access to the above features and even more gambling-related perks, we’ve tested hundreds of crypto casinos and handpicked the ones that excel in our key benchmarks. BitStarz came out as number one on our list, but there are also others worth checking out. Read on to learn more. Best crypto gambling sites Heads up about our links! Adblock might get confused…
In early May, Bankman-Fried filed pretrial motions to dismiss most charges levied against him by U.S. prosecutors, with his defense arguing procedural issues, the irrelevance of some U.S. laws given FTX’s non-U.S. location, and that the charges exceeded the agreed extradition terms. The motions did not seek to dismiss securities fraud and money laundering charges. Source