Polyhedra network valuation hit $1 billion after its recent funding round
Cryptopolitan (RSS)
Polyhedra Network, headquartered in Singapore, has recently achieved a significant milestone with the completion of a $20 million funding round, boosting the company’s valuation to an impressive $1 billion. This latest funding round, announced via a press release on Thursday, was led by Polychain Capital, a prominent investor in the blockchain space.
Polyhedra network hits a milestone valuation
Noteworthy contributors to the funding round include Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventures, Arkstream Capital, and Web3Port Foundation, showcasing broad investor confidence in Polyhedra Network’s vision and potential.
Central to Polyhedra Network’s offerings is zkBridge, a cutting-edge zero-knowledge protocol aimed at enhancing security and scalability for users ...
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Cryptopolitan (RSS)
Polyhedra Network, headquartered in Singapore, has recently achieved a significant milestone with the completion of a $20 million funding round, boosting the company’s valuation to an impressive $1 billion. This latest funding round, announced via a press release on Thursday, was led by Polychain Capital, a prominent investor in the blockchain space.
Polyhedra network hits a milestone valuation
Noteworthy contributors to the funding round include Animoca Brands, Emirates Consortium, Mapleblock Capital, Hashkey Capital, UoB Ventures, Symbolic Capital, Longhash Ventures, MH Ventures, Arkstream Capital, and Web3Port Foundation, showcasing broad investor confidence in Polyhedra Network’s vision and potential.
Central to Polyhedra Network’s offerings is zkBridge, a cutting-edge zero-knowledge protocol aimed at enhancing security and scalability for users ...
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AI Industry Takes Steps to Address Environmental Concerns
Cryptopolitan (RSS)
In recent years, artificial intelligence (AI) has revolutionized various sectors, but concerns about its environmental impact have grown alongside its advancements. One of the primary issues highlighted is the significant energy consumption required to power the GPUs used in training large-scale AI models.
One approach to mitigate the environmental footprint of AI operations is the adoption of eco-friendly data centers. These centers prioritize renewable energy sources, such as solar power, alongside water conservation and waste reduction measures. Companies can significantly reduce carbon emissions by transitioning from major cloud providers like Google Cloud and AWS to eco-friendly data centers. Despite potential cost implications and the allure of grants from larger providers, opting for sustainable data centers is a mean...
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Cryptopolitan (RSS)
In recent years, artificial intelligence (AI) has revolutionized various sectors, but concerns about its environmental impact have grown alongside its advancements. One of the primary issues highlighted is the significant energy consumption required to power the GPUs used in training large-scale AI models.
One approach to mitigate the environmental footprint of AI operations is the adoption of eco-friendly data centers. These centers prioritize renewable energy sources, such as solar power, alongside water conservation and waste reduction measures. Companies can significantly reduce carbon emissions by transitioning from major cloud providers like Google Cloud and AWS to eco-friendly data centers. Despite potential cost implications and the allure of grants from larger providers, opting for sustainable data centers is a mean...
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Tron Founder Justin Sun Fuels Ether Fi with Massive $480M ETH Deposit
CoinGape (RSS)
A wallet that is attributed to Justin Sun, the founder of Tron, deposited a deposit of 120,000 Ethereum (ETH), which is worth around $480 million, into the liquid restaking protocol Ether Fi. This deal constitutes a major occurrence for both Justin Sun and the Ether Fi platform, thus solidifying Sun’s involvement in the decentralized finance (DeFi) sector.
Ether Fi Gains Momentum
Ether Fi, a protocol that recently finalized a $23 million funding round, is getting closer to a significant threshold by holding almost $3 billion in total value, according to DefiLlama data. The strategic gestures of the platform, the ...
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CoinGape (RSS)
A wallet that is attributed to Justin Sun, the founder of Tron, deposited a deposit of 120,000 Ethereum (ETH), which is worth around $480 million, into the liquid restaking protocol Ether Fi. This deal constitutes a major occurrence for both Justin Sun and the Ether Fi platform, thus solidifying Sun’s involvement in the decentralized finance (DeFi) sector.
Ether Fi Gains Momentum
Ether Fi, a protocol that recently finalized a $23 million funding round, is getting closer to a significant threshold by holding almost $3 billion in total value, according to DefiLlama data. The strategic gestures of the platform, the ...
View original post
US Weekly Unemployment Declines As Inflation Remains Sticky; Crypto on Watch
CoinGape (RSS)
The weekly unemployment data released on Thursday showed that unemployment had declined in the US for a Week. The data came in the backdrop of crucial PPI inflation data, which disappointed the markets overall. With the Fed’s interest rate decision due next week, markets will gauge investment decisions carefully now.
US Weekly Unemployment Numbers
The US Department of Labor (DOL) released weekly data on Thursday that indicated there were 209,000 new claims for unemployment benefits in the week ending March 9. This print came in better than the market expectation of 218,000 and follows the previous week’s revised print of 210,000 from 217,000.
...
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CoinGape (RSS)
The weekly unemployment data released on Thursday showed that unemployment had declined in the US for a Week. The data came in the backdrop of crucial PPI inflation data, which disappointed the markets overall. With the Fed’s interest rate decision due next week, markets will gauge investment decisions carefully now.
US Weekly Unemployment Numbers
The US Department of Labor (DOL) released weekly data on Thursday that indicated there were 209,000 new claims for unemployment benefits in the week ending March 9. This print came in better than the market expectation of 218,000 and follows the previous week’s revised print of 210,000 from 217,000.
...
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Bitcoin price slips 3% as US macro data compounds inflation problem
Cointelegraph.com News (RSS)
BTC price strength wobbles on the release of problematic U.S. inflation data as traders brush off Bitcoin’s moves around all-time highs.
Cointelegraph.com News (RSS)
BTC price strength wobbles on the release of problematic U.S. inflation data as traders brush off Bitcoin’s moves around all-time highs.
Lazarus Group moves $12M from HTX, HECO hacks to Tornado Cash
Cointelegraph.com News (RSS)
Despite U.S. sanctions, North Korea’s Lazarus Group has resumed laundering stolen crypto funds through Tornado Cash.
Cointelegraph.com News (RSS)
Despite U.S. sanctions, North Korea’s Lazarus Group has resumed laundering stolen crypto funds through Tornado Cash.
Crypto gains reached $37.6B in 2023 — Chainalysis
Cointelegraph.com News (RSS)
Crypto realized gains remained consistent throughout 2023, with only two consecutive months of loss in August and September.
Cointelegraph.com News (RSS)
Crypto realized gains remained consistent throughout 2023, with only two consecutive months of loss in August and September.
Dogwifhat price headed to $10? Arthur Hayes thinks so
Cointelegraph.com News (RSS)
Hayes’ prediction came the same day WIF hit a new all-time high above the $3 mark.
Cointelegraph.com News (RSS)
Hayes’ prediction came the same day WIF hit a new all-time high above the $3 mark.
Pro-crypto US voters turning to Trump, but don’t trust either party
Cointelegraph.com News (RSS)
Crypto ownership is not highly correlation to party affiliation, but it could make up its own voting bloc, Paradigm poll says.
Cointelegraph.com News (RSS)
Crypto ownership is not highly correlation to party affiliation, but it could make up its own voting bloc, Paradigm poll says.
Solana gains 2% during a market downturn. Is $200 within reach?
Cointelegraph.com News (RSS)
SOL’s bullish momentum persists, but its TVL remains much smaller than some of its competitors.
Cointelegraph.com News (RSS)
SOL’s bullish momentum persists, but its TVL remains much smaller than some of its competitors.
Hong Kong regulators issue warning against Bybit exchange
Cointelegraph.com News (RSS)
“It is also an offence for any person to issue advertisements, invitations or documents relating to these products to the Hong Kong public without the SFC’s authorisation,” the regulator stated.
Cointelegraph.com News (RSS)
“It is also an offence for any person to issue advertisements, invitations or documents relating to these products to the Hong Kong public without the SFC’s authorisation,” the regulator stated.
Bitcoin mining difficulty reaches new historical high as halving looms
Cointelegraph.com News (RSS)
Amid new all-time highs in price and block rewards, the Bitcoin bull run of 2023/2024 continues.
Cointelegraph.com News (RSS)
Amid new all-time highs in price and block rewards, the Bitcoin bull run of 2023/2024 continues.
First EU country adopts quantum-resistant technology
Cointelegraph.com News (RSS)
The QAN stack will serve as a key component in the country’s post-quantum security layer.
Cointelegraph.com News (RSS)
The QAN stack will serve as a key component in the country’s post-quantum security layer.
Ether (ETH) price drops after Dencun upgrade, as Ethereum layer-2s experience lower transaction costs
Cointelegraph.com News (RSS)
Historically, Ethereum network upgrades rarely significantly impact the price of ETH.
Cointelegraph.com News (RSS)
Historically, Ethereum network upgrades rarely significantly impact the price of ETH.
A $300M Ponzi Scheme That Targeted Latinos Falsely Claimed to Buy Crypto, SEC Says
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The U.S. Securities and Exchange Commission sued 17 individuals tied to an alleged Ponzi scheme that took in $300 million from over 40,000 victims.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The U.S. Securities and Exchange Commission sued 17 individuals tied to an alleged Ponzi scheme that took in $300 million from over 40,000 victims.
Ether ETFs Could Be Bigger Than Bitcoin ETFs, Says VanEck
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The issuer of the VanEck Bitcoin Trust this week dropped its management fee to zero for a limited time in an attempt to attract more capital to that fund.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The issuer of the VanEck Bitcoin Trust this week dropped its management fee to zero for a limited time in an attempt to attract more capital to that fund.
Craig Wright Was Finally Called Out in Court and Hodlonaut Is Celebrating
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
“It hasn't always been easy, but I'm very happy that I stood my ground,” says Hodlonaut of his long legal fight with Craig Wright, who claimed, falsely, to be Satoshi Nakamoto.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
“It hasn't always been easy, but I'm very happy that I stood my ground,” says Hodlonaut of his long legal fight with Craig Wright, who claimed, falsely, to be Satoshi Nakamoto.
Bitcoin Slumps 4%, Falling Below $70K; Solana Outperforms
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Bitcoin could enter a period of consolidation before its next leg in the rally, observers noted.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Bitcoin could enter a period of consolidation before its next leg in the rally, observers noted.
Adopt Me Introduces the New Diamond Hamster: Here’s How to Get Yours
Cryptopolitan (RSS)
Adopt Me, has just rolled out a new furry friend – the Diamond Hamster. This addition has sparked excitement among the game’s community, offering players a new challenge and a precious pet to add to their collections. If you’re keen on getting your hands on this rare gem, we’ve got the inside scoop.
The hunt for the diamond
Getting a Diamond Hamster isn’t a walk in the park. It requires Golden Corn, which you can buy for 199 Robux each. But here’s the kicker; the chance of a Diamond Hamster popping up after you use Golden Corn is only 2.5%. This means you might have to try about 40 times, which can get pricey. Yet, for those determined to add this unique hamster to their collection, the effort and Robux spent could be well worth it.
The Diamond Hamster isn’t just any pet. It’s a rare find, with a vibrant blue color that sets it apart from the rest....
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Cryptopolitan (RSS)
Adopt Me, has just rolled out a new furry friend – the Diamond Hamster. This addition has sparked excitement among the game’s community, offering players a new challenge and a precious pet to add to their collections. If you’re keen on getting your hands on this rare gem, we’ve got the inside scoop.
The hunt for the diamond
Getting a Diamond Hamster isn’t a walk in the park. It requires Golden Corn, which you can buy for 199 Robux each. But here’s the kicker; the chance of a Diamond Hamster popping up after you use Golden Corn is only 2.5%. This means you might have to try about 40 times, which can get pricey. Yet, for those determined to add this unique hamster to their collection, the effort and Robux spent could be well worth it.
The Diamond Hamster isn’t just any pet. It’s a rare find, with a vibrant blue color that sets it apart from the rest....
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AI News: Morgan Stanley Names Artificial Intelligence Head
CoinGape (RSS)
American multinational investment banking giant Morgan Stanley has appointed a lead for its Artificial Intelligence (AI) Division.
Jeff McMillan Tapped to Lead AI Unit
Jeff McMillan, one of Morgan Stanley’s tech executives, specifically from its wealth management team, has been promoted to head the firm’s AI unit. Notably, the New York-based bank made this move as part of its plans to implement AI across its business in sync with its blooming growth strategy.
“We are pleased to announce that Jeff McMillan has assumed a new position as Head of Firmwide Artificial Intelligence, co-reporting to us,” Morgan Stanley itemised in the memo that was sent from co-presidents Andy Saperstein and Dan Simkowitz.
Before now, McMillan was the lead for Wealth Management’s Analytics, Data and Innovation organization. As t...
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CoinGape (RSS)
American multinational investment banking giant Morgan Stanley has appointed a lead for its Artificial Intelligence (AI) Division.
Jeff McMillan Tapped to Lead AI Unit
Jeff McMillan, one of Morgan Stanley’s tech executives, specifically from its wealth management team, has been promoted to head the firm’s AI unit. Notably, the New York-based bank made this move as part of its plans to implement AI across its business in sync with its blooming growth strategy.
“We are pleased to announce that Jeff McMillan has assumed a new position as Head of Firmwide Artificial Intelligence, co-reporting to us,” Morgan Stanley itemised in the memo that was sent from co-presidents Andy Saperstein and Dan Simkowitz.
Before now, McMillan was the lead for Wealth Management’s Analytics, Data and Innovation organization. As t...
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