There are two options as to how bitcoin miners can operationalize Intel’s chips, Wall said. The first is to “get the chips” and then “work with your own third-party manufacturer to design and build a machine to your liking,” he said. The second is to work with manufacturers recommended by Intel to build the bitcoin mining rigs, he said. Source link
Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock The impact of this event on the wider market is very significant. Soon we will find out which DeFi projects had their treasuries in anchor or UST, hence resulting in prominent protocols going under. There is extreme fear across the crypto market, as Bitcoin has bounced off $30k – a key, psychological level. In addition to ongoing macro headwinds, there is now a fundamental risk to the crypto industry as the UST stablecoin has de-pegged from $1. This resulted in extreme panic,…
NBA Top Shot producer Dapper Labs has announced a $725 million eco-fund for Layer 1 blockchain platform Flow to develop its growing ecosystem. In this round of funding, investors include Andreessen Horowitz (a16z), Coatue, Union Square Ventures, Greenfield One, Digital Currency Group (DCG), Fabric Ventures, Liberty City Ventures, and CoinFund. The fund aims to support games, infrastructure, decentralized finance, content and creators on the flow blockchain, while also tailoring corresponding ecosystem grants based on the type of project. Dapper Labs CEO Roham Gharegozlou said in a statement： “We are thrilled…
The firm previously raised $50 million for a tokenized fund focused on financial verticals, but its second fund will invest more broadly. Source link
To trigger talent development, education, and blockchain innovation on African soil, NEAR Foundation, has launched a regional hub in Kenya in collaboration with Sankore, an African-focused blockchain community. As a Swiss non-profit in charge of the NEAR protocol, the NEAR Foundation sees the hub as a stepping stone towards more blockchain growth in Africa. Marieke Flament, the CEO of NEAR Foundation, noted: “We are excited by the potential avenues throughout Africa for blockchain solutions, which come from innovation in development, education and talent. This hub represents a unique opportunity…
By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin continues to fall and reached a key level of support, dropping below $33,000. After the Federal Reserve raised rates by 50 basis points last week, Bitcoin rallied suggesting that this was priced in. However, this was nothing more than a relief bounce as Bitcoin has fallen almost 18% in 5 days. Investors are clearly concerned about the aggressive monetary policy from the Federal Reserve, as they will also begin Quantitative Tightening (removal of liquidity from the market) in June. In…
Decentralized autonomous organization CULT DAO, is seeking to advance the decentralized finance revolution, announces Revolt (RVLT), which attracted the attention of Anonymous. The decentralized international activist and hacktivist group seems to support CULT DAO’s most recent concept, as it appears in the group’s recent Twitter bio and likes. This is not the first time Anonymous has hinted at their support for CULT DAO as on the 23rd March before a steep climb in CULT’s token price Anonymous posted the very same Charlie Chaplin The Great Dictator speech which makes up…
The National Securities Depository (NSDL), India’s central securities depository based in Mumbai, launched blockchain-based security and covenant monitoring platform. NSDL officially launched the distributed ledger technology (DLT) platform on Saturday, May 7, during its 25th anniversary presentation, alongside the Securities and Exchange Board of India (SEBI). The platform is expected to strengthen the monitoring of security and governance in the corporate bonds market to bring “further discipline and transparency to the market.” SEBI Chairperson Madhabi Puri Buch underscored the blockchain’s transparency as the key reason for the technology’s popularity but made…
After nearly a three-year-long discussion about establishing a task force to oversee blockchain and crypto initiatives, the governor of Utah, Spencer Cox, signed a bill to create the Blockchain and Digital Innovation Task Force. The Utah State Legislature first saw the introduction of the house bill (H.B. 335) in early February 2022, which took nearly two months to pass through several senate, house and fiscal actions before finally being signed by Governor Cox on 24th March. Some of the primary duties assigned to the task force involve making policy recommendations…
Climate technology company Flowcarbon has partnered with the carbon-negative blockchain Celo Foundation to create a carbon market ecosystem, which enables carbon credits to be traded on the Celo network in the form of Flowcarbon’s Goddess of Nature token (GNT). The carbon market ecosystem, that Flowcarbon and Celo are creating, is a platform for project developers to tokenize their carbon credits, sell tokens at GNT market prices, and achieve real-time credit on-chain. The partners purchased at least $10 million worth of GNT, creating liquidity and making the carbon trading market more…