Marathon to purchase 200MW Bitcoin mining center from Applied Digital for $87.3M
Cointelegraph.com News (RSS)
Marathon Digital is closing in on the “Flux Capacitor” when it comes to sheer watts.
Cointelegraph.com News (RSS)
Marathon Digital is closing in on the “Flux Capacitor” when it comes to sheer watts.
Aptos Labs and Google Cloud Forge a New Path in Blockchain Gaming with Aptos GameStack
Cryptopolitan (RSS)
In an industry-defining move, Aptos Labs, the visionary team behind the Aptos blockchain, has announced the launch of the Aptos GameStack. The state-of-the-art development suite is poised to revolutionize the way games utilizing cryptocurrencies and NFTs (Non-Fungible Tokens) are created. The initiative is distinguished by its collaboration with Google Cloud, aiming to supercharge live service games through the integration of Google’s advanced cloud infrastructure.
The partnership signals a significant leap forward in the blockchain gaming sector, offering developers an unparalleled toolkit to innovate and enhance the gaming experience for players worldwide.
Aptos Labs and Google Cloud bridging the gap between Blockchain gaming
The Aptos GameStack initiative is a testament to the evolving landscape of the gami...
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Cryptopolitan (RSS)
In an industry-defining move, Aptos Labs, the visionary team behind the Aptos blockchain, has announced the launch of the Aptos GameStack. The state-of-the-art development suite is poised to revolutionize the way games utilizing cryptocurrencies and NFTs (Non-Fungible Tokens) are created. The initiative is distinguished by its collaboration with Google Cloud, aiming to supercharge live service games through the integration of Google’s advanced cloud infrastructure.
The partnership signals a significant leap forward in the blockchain gaming sector, offering developers an unparalleled toolkit to innovate and enhance the gaming experience for players worldwide.
Aptos Labs and Google Cloud bridging the gap between Blockchain gaming
The Aptos GameStack initiative is a testament to the evolving landscape of the gami...
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Shiba Inu Price Eyes Rally to $0.00005 After This Final Pullback
CoinGape (RSS)
Shiba Inu Price: Failing to reach the $3 Trillion market cap, the crypto industry takes a hit this week. With a sudden fall in Bitcoin price under $68,000 the meme coin industry is under a sell-off phase. Amidst the correction, the SHIB price shows a rise in selling pressure and a bearish wedge in play. Will the meme coin bounce back or is further correction underway?
Also Read: Shiba Inu Coin: SHIB Burn Meteoric Rise Signals Imminent Rally to $0.00004
Healthy Retracement Keeps SHIB Price Bullish
Shiba Inu Price| Tradingview
Being the second highest-ranking meme coin in the crypto industry, the Shiba Inu price is known for sharp volatile moves. Amidst the re...
View original post
CoinGape (RSS)
Shiba Inu Price: Failing to reach the $3 Trillion market cap, the crypto industry takes a hit this week. With a sudden fall in Bitcoin price under $68,000 the meme coin industry is under a sell-off phase. Amidst the correction, the SHIB price shows a rise in selling pressure and a bearish wedge in play. Will the meme coin bounce back or is further correction underway?
Also Read: Shiba Inu Coin: SHIB Burn Meteoric Rise Signals Imminent Rally to $0.00004
Healthy Retracement Keeps SHIB Price Bullish
Shiba Inu Price| Tradingview
Being the second highest-ranking meme coin in the crypto industry, the Shiba Inu price is known for sharp volatile moves. Amidst the re...
View original post
Spot Bitcoin ETF: Vanguard CEO Says Firm Won’t Change Its Stance
CoinGape (RSS)
Tim Buckley, the chairman of the board and CEO of investment banking giant Vanguard has once again declared that his firm will not be a partaker of the spot Bitcoin ETF market.
Vanguard Not Shifting Stance on Spot Bitcoin ETF
Buckley acknowledged that his firm has been receiving a lot of questions about when it intends to consider spot Bitcoin ETFs. He stated that they had even been asked when the firm would change its mind about the product. In response, the Vanguard CEO reiterated that the investment management firm has no plans of changing its stance on spot Bitcoin ETFs but there is a catch.
According to Buckley, the only reason Vanguard may consider delving into the spot Bitcoin ETF sector is if there is a change in BTC’s asset class. Speaking of Bitcoin ETFs, Vanguard believes that “It does not belong in a long-term portfolio” and “it’s not a store of value.” Buckley continued by pointing out...
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CoinGape (RSS)
Tim Buckley, the chairman of the board and CEO of investment banking giant Vanguard has once again declared that his firm will not be a partaker of the spot Bitcoin ETF market.
Vanguard Not Shifting Stance on Spot Bitcoin ETF
Buckley acknowledged that his firm has been receiving a lot of questions about when it intends to consider spot Bitcoin ETFs. He stated that they had even been asked when the firm would change its mind about the product. In response, the Vanguard CEO reiterated that the investment management firm has no plans of changing its stance on spot Bitcoin ETFs but there is a catch.
According to Buckley, the only reason Vanguard may consider delving into the spot Bitcoin ETF sector is if there is a change in BTC’s asset class. Speaking of Bitcoin ETFs, Vanguard believes that “It does not belong in a long-term portfolio” and “it’s not a store of value.” Buckley continued by pointing out...
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Cryptocurrency Funds Hit $3.4B Inflow Alongside US Stock Inflows
CoinGape (RSS)
The financial markets have witnessed an influx into both cryptocurrency funds and US equity funds. Strategists at Bank of America, utilizing data from EPFR Global, have reported that for the week ending March 13, there was a notable surge in investments, marking a historic period for asset allocations.
...
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CoinGape (RSS)
The financial markets have witnessed an influx into both cryptocurrency funds and US equity funds. Strategists at Bank of America, utilizing data from EPFR Global, have reported that for the week ending March 13, there was a notable surge in investments, marking a historic period for asset allocations.
...
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Crypto Biz: Bitcoin’s institutional flow looms, Coinbase’s debt round, and more
Cointelegraph.com News (RSS)
This week’s Crypto Biz covers the buzz surrounding Bitcoin, the outlook for Ether ETFs, Ubisoft as an XPLA validator, Coinbase’s challenges and global banks taking on blockchain.
Cointelegraph.com News (RSS)
This week’s Crypto Biz covers the buzz surrounding Bitcoin, the outlook for Ether ETFs, Ubisoft as an XPLA validator, Coinbase’s challenges and global banks taking on blockchain.
Dubai’s DIFC passes comprehensive digital asset law, new security law
Cointelegraph.com News (RSS)
The center claims it has created the world’s first comprehensive set of legal characteristics of digital assets as property in a new, short law.
Cointelegraph.com News (RSS)
The center claims it has created the world’s first comprehensive set of legal characteristics of digital assets as property in a new, short law.
Marathon Digital’s Strategic Expansion: Acquiring Texas Bitcoin Mining Facility
Cryptopolitan (RSS)
Marathon Digital, a prominent player in the cryptocurrency mining industry, has announced its plans to acquire a Texas-based bitcoin mining facility from Applied Digital for an estimated $87 million in cash.
This strategic move is set to significantly bolster Marathon’s mining capabilities, particularly in light of the upcoming bitcoin halving event.
Marathon digitals strategic acquisition for enhanced capacity
The facility in question is strategically located adjacent to a wind farm, boasting an initial capacity of 200 megawatts (MW). Marathon Digital’s ambitious plans include not only taking direct ownership of its current operations at the site but also expanding its presence by an additional 100 MW by the year’s end. This expansion is a testament to Marathon’s commitment to scaling its operations and solidifying its position as a leader in the bitcoin mining sector.
As of the en...
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Cryptopolitan (RSS)
Marathon Digital, a prominent player in the cryptocurrency mining industry, has announced its plans to acquire a Texas-based bitcoin mining facility from Applied Digital for an estimated $87 million in cash.
This strategic move is set to significantly bolster Marathon’s mining capabilities, particularly in light of the upcoming bitcoin halving event.
Marathon digitals strategic acquisition for enhanced capacity
The facility in question is strategically located adjacent to a wind farm, boasting an initial capacity of 200 megawatts (MW). Marathon Digital’s ambitious plans include not only taking direct ownership of its current operations at the site but also expanding its presence by an additional 100 MW by the year’s end. This expansion is a testament to Marathon’s commitment to scaling its operations and solidifying its position as a leader in the bitcoin mining sector.
As of the en...
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Canto Boosts Blockchain with Polygon Integration and Cyclone Stack Upgrades
Cryptopolitan (RSS)
In a significant strategic shift, the Canto blockchain has decided to remain within the Cosmos ecosystem as a Layer 1 (L1) network, diverging from its earlier plans to transition towards the Ethereum ecosystem through a collaboration with Polygon.
The decision, fueled by extensive research and consensus among major contributors, marks a pivotal moment for Canto as it aims to bolster its infrastructure and capabilities without migrating to a Layer 2 (L2) solution.
A deep dive into the decision-making process
The journey towards the decision involved close collaboration with the Polygon team, focusing on the integration aspects and evaluating the benefits of utilizing Polygon’s Type-1 prover technology. The collaborative research led to a unanimous decision among Canto’s key contributors to leverage the Type-1 prover, ena...
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Cryptopolitan (RSS)
In a significant strategic shift, the Canto blockchain has decided to remain within the Cosmos ecosystem as a Layer 1 (L1) network, diverging from its earlier plans to transition towards the Ethereum ecosystem through a collaboration with Polygon.
The decision, fueled by extensive research and consensus among major contributors, marks a pivotal moment for Canto as it aims to bolster its infrastructure and capabilities without migrating to a Layer 2 (L2) solution.
A deep dive into the decision-making process
The journey towards the decision involved close collaboration with the Polygon team, focusing on the integration aspects and evaluating the benefits of utilizing Polygon’s Type-1 prover technology. The collaborative research led to a unanimous decision among Canto’s key contributors to leverage the Type-1 prover, ena...
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Blockchain AI platform NetMind assures no platform breach amid NMT token sale speculation
Cryptopolitan (RSS)
NetMind, a blockchain artificial intelligence (AI) platform, has publicly denied rumors of a platform-wide hack, attributing a recent token price drop to an incident involving an individual miner.
The platform, which allows GPU owners to process data for tokens, faced speculation of a potential exploit after its token, NMT, saw a significant decrease in value. This led to concerns about a possible mint exploit, where an attacker could generate an unlimited number of tokens.
The speculation began after a large sale of NMT tokens led to a dramatic fall in price, prompting users on social media platform X to theorize about a platform compromise. However, NetMind responded with an X post, reassuring stakeholders that the platform was secure and the incident did not reflect a systemic issue.
The company identifi...
Cryptopolitan (RSS)
NetMind, a blockchain artificial intelligence (AI) platform, has publicly denied rumors of a platform-wide hack, attributing a recent token price drop to an incident involving an individual miner.
The platform, which allows GPU owners to process data for tokens, faced speculation of a potential exploit after its token, NMT, saw a significant decrease in value. This led to concerns about a possible mint exploit, where an attacker could generate an unlimited number of tokens.
The speculation began after a large sale of NMT tokens led to a dramatic fall in price, prompting users on social media platform X to theorize about a platform compromise. However, NetMind responded with an X post, reassuring stakeholders that the platform was secure and the incident did not reflect a systemic issue.
The company identifi...
Sam Bankman-Fried Deserves 40-50 Years Jail Time: Prosecutors
CoinGape (RSS)
Prosecutors are of the opinion that Sam Bankman-Fried (SBF), the former CEO of FTX Derivatives Exchange deserves to spend as much as 40-50 years in prison.
Sam Bankman-Fried Found Guilty
After pleading not guilty in a United States court, testimonies obtained in the weeks-long trial from a number of his associates ended up pinning Bankman-Fried to the eight charges that were levied against him. He was found guilty of seven charges as declared by Damian Williams, U.S. attorney for the Southern District of New York. Thereafter, Judge Lewis Kaplan scheduled his sentencing date for March 2024.
With the magnitude of the charges including fraud and money laundering, some observers believed that the embattled F...
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CoinGape (RSS)
Prosecutors are of the opinion that Sam Bankman-Fried (SBF), the former CEO of FTX Derivatives Exchange deserves to spend as much as 40-50 years in prison.
Sam Bankman-Fried Found Guilty
After pleading not guilty in a United States court, testimonies obtained in the weeks-long trial from a number of his associates ended up pinning Bankman-Fried to the eight charges that were levied against him. He was found guilty of seven charges as declared by Damian Williams, U.S. attorney for the Southern District of New York. Thereafter, Judge Lewis Kaplan scheduled his sentencing date for March 2024.
With the magnitude of the charges including fraud and money laundering, some observers believed that the embattled F...
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Mozaic Finance hacked for $2.4M via private key compromise
Cointelegraph.com News (RSS)
The yield farming app was exploited through a possible private key compromise, according to a CertiK report.
Cointelegraph.com News (RSS)
The yield farming app was exploited through a possible private key compromise, according to a CertiK report.
Vitalik Buterin reiterates the importance of layer-2 solutions on Ethereum
Cryptopolitan (RSS)
Ethereum co-founder Vitalik Buterin has recently emphasized the importance of shifting focus towards building layer-2 (L2) decentralized applications and solutions on the Ethereum network. This call for a mindset shift comes following the successful completion of the Dencun hard fork, which has enabled L2 rollups to achieve scalability by reducing the costs associated with submitting cryptographic proofs to Ethereum’s base layer.
Vitalik Buterin satisfied with the network’s upgrade
Speaking at ETH Global’s Pragma London event on March 14, Vitalik Buterin expressed his satisfaction with the completion of the network upgrade, which has paved the way for basic roll-up scaling. He noted that while this achievement is significant, it marks just the beginning of incremental improvements in Ethereum’s scalability.
During his address to...
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Cryptopolitan (RSS)
Ethereum co-founder Vitalik Buterin has recently emphasized the importance of shifting focus towards building layer-2 (L2) decentralized applications and solutions on the Ethereum network. This call for a mindset shift comes following the successful completion of the Dencun hard fork, which has enabled L2 rollups to achieve scalability by reducing the costs associated with submitting cryptographic proofs to Ethereum’s base layer.
Vitalik Buterin satisfied with the network’s upgrade
Speaking at ETH Global’s Pragma London event on March 14, Vitalik Buterin expressed his satisfaction with the completion of the network upgrade, which has paved the way for basic roll-up scaling. He noted that while this achievement is significant, it marks just the beginning of incremental improvements in Ethereum’s scalability.
During his address to...
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Algorand Price Prediction 2024-2033: Resurgence possible?
Cryptopolitan (RSS)
Algorand Price Prediction 2024-2033
— Algorand Price Prediction 2024 – up to $0.40
— Algorand Price Prediction 2027 – up to $1.32
— Algorand Price Prediction 2030 – up to $3.79
— Algorand Price Prediction 2033 – up to $11.40
Algorand is one of the best choices to consider when investing in cryptocurrency. However, it is insufficient to hold the ALGO cryptocurrency in high esteem. The coin has to perform up to expectations. You must look at Algorand’s price prediction from 2024 to 2033.
Algorand is a very consistent blockchain and, for that reason alone, will grow very strong this year if you think of it as a smart contract provider rather than a coin. What...
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Cryptopolitan (RSS)
Algorand Price Prediction 2024-2033
— Algorand Price Prediction 2024 – up to $0.40
— Algorand Price Prediction 2027 – up to $1.32
— Algorand Price Prediction 2030 – up to $3.79
— Algorand Price Prediction 2033 – up to $11.40
Algorand is one of the best choices to consider when investing in cryptocurrency. However, it is insufficient to hold the ALGO cryptocurrency in high esteem. The coin has to perform up to expectations. You must look at Algorand’s price prediction from 2024 to 2033.
Algorand is a very consistent blockchain and, for that reason alone, will grow very strong this year if you think of it as a smart contract provider rather than a coin. What...
View original post