The startup closed a $40 million seed round and secured another $250 million in liquid funds for its blockchain-based decentralized AI infrastructure.
Traverse founder Amos Thomas believes stories are the foundation of everything, and that humanity must do everything in its power to protect them.
Genius Group has recently reshuffled its board with crypto and Web3 execs and is now targeting to hold $120 million in Bitcoin.
Amazon accelerates AI chip development to reduce reliance on Nvidia, with the upcoming launch of its Trainium 2 AI training chip.
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Singapore-based artificial intelligence company Genius Group said it has adopted bitcoin as its primary treasury asset, committing 90% of its current and future reserves to be held in the largest cryptocurrency.
The WDK will enable developers to integrate non-custodial wallets for USDT and Bitcoin into any app, website or device.
Most venture capital and hedge funds expect Solana (SOL) to reach at least $600 in this bull cycle, according to the “Q4 2024 Crypto Investment Manager Survey” by MV Global. Almost a third of the survey respondents believe SOL will breach the $600 ceiling, while 23.2% see this price area as the asset’s all-time high. […]
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A Solana-based meme coin called "Act I : The AI Prophecy" (ACT) has risen by more than 1,650% after being listed on Binance and Crypto.com.
Ethereum’s Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights.
Galaxy Digital is the latest Bitcoin mining firm exploring a shift to AI, driven by increasing competition and rising mining difficulty within the sector. In its third-quarter earnings report released on Nov. 7, Galaxy announced a preliminary agreement with an undisclosed US hyperscaler—a large data center operator—to potentially convert its 800-megawatt (MW) Helios mining facility […]
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United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority.
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.
Nvidia, a leading American software company, reclaims the title of the world’s most valuable company by market capitalization, topping tech giant Apple. The company’s shares jumped by 2.5% during Tuesday’s trading hours, pushing its market valuation to roughly $3.44 trillion, topping Apple’s $3.37 trillion. Related Reading: No Comeback: Binance Founder CZ Says He’s Not Returning […]
An Australian entrepreneur could become a key contributor to the future of Bitcoin by transforming the coin into a tool that will push for economic inclusivity around the world. Related Reading: 3AC Founder’s Wife Cashes Out With $38.5 Million Singapore Mansion Sale Craig Wright is looking at building a global payment system on the back […]
Apple’s latest AI-infused iPhones have beaten analyst sales expectations for the quarter, pushing the tech player’s earnings past Wall Street estimates.
Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers.
Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships. Injective Integrates With Fetch.ai And ASI This week, the proposal by Fetch.ai and the Artificial Superintelligence Alliance (ASI) community to integrate Injective was passed synonymously. The proposal passed with 100% of the votes agreeing with the move. Related Reading: Bitcoin Price Forecast: Analyst Says Expect 98% Crash After Blow Off To $250,000, Here’s Why Looking at voting data, over 324 million FET voted to endorse the idea, with only 656 FET rejecting it. No one voted to abstain or veto. Voting started on October 23 and ended five days later on October 28. According to the proposal, the goal is to revive the expired IBC client for Injective under “Revive expired IBC client for Injective.” In this way, Fetch.ai, now part of the ASI Alliance, can harness the power of AI within the sprawling Injective DeFi ecosystem. This arrangement will allow Fech.ai, an AI-centric platform, to directly plug its machine learning and AI capabilities into the Injective platform. Out of this, users will benefit from streamlined and leveraged AI-enabled tools when trading. The team also said they would benefit from improved liquidity management and asset allocation. Even with this deal, Injective and ASI will continue operating independently. The integration isn’t a merger but an Injective tapping into ASI’s AI capabilities. Why Is INJ Down? Bullish as this may be, INJ prices ticked lower, looking at the events in the daily chart. Injective bulls have yet to reverse losses posted on October 25 comprehensively. Accordingly, despite the series of higher highs over the weekend and in the first half of the week, sellers are in control. So far, INJ is down 20% from October highs and continues consolidating inside a $10 zone. Clear resistance is around $25, while support is at $15. If the bulls of Q1 2024 flow back, momentum will likely pick up once buyers break above the $25 level, preferably with increasing engagement. Related Reading: Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead Besides improving crypto sentiment and rising total value locked (TVL) across DeFi, INJ could benefit from Injective’s core feature. The protocol has the highest revenue-to-fully diluted valuation (FDV) ratio, even better than Ethereum. The high metric translates to Injective boasting of an efficient revenue generation mechanism that could further boost prices. Feature image from iStock, chart from TradingView
Riot Platforms CEO Jason Les revealed substantial interest from “blue-chip” companies looking to partner with the Bitcoin miner on AI and high-performance computing (HPC) initiatives. Speaking during the Oct. 30 earnings call, Les explained that the company has received numerous inbound offers to secure large-scale power capacity. The\ inquiries come from highly credible, financially stable […]
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Binance is turning to Amazon Web Services (AWS) and its advanced generative AI tools to enhance user experience on its platform, according to an Oct. 31 statement shared with CryptoSlate. By incorporating AWS’s Cloud and Generative AI technologies, Binance aims to streamline user onboarding, strengthen customer support, and improve internal systems for automated diagnostics and […]
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Meta and Microsoft have reported better-than-expected earnings for the last quarter carried by their AI businesses, but muted outlooks saw their shares drop after hours.
The 2024 Decentralized Knowledge Graph Convention saw experts from AI, blockchain and knowledge graphs converge to promote trust and safety in artificial intelligence.
Nillion builds its service around the concept of "blind computing," the processing of data without having to reveal its contents.
Winegar previously served as the company's chief revenue office for a number of years.
Alphabet and Google CEO Sundar Pichai said its AI business is “paying off” as the tech giant’s share price surged after the bell as it beat Wall Street estimates.
Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said.
Deepfake scams are everywhere, and detecting them with the naked eye is fast becoming impossible. Awareness and education need to be improved.
The broker initiated coverage of HIVE with an overweight rating and $9 price target.
Researchers say the new computational model can “simulate and predict” human behavior in any domain, something they claim will help fast-track new scientific discoveries.
AI is revolutionizing workplace efficiency. Here are nine innovative tools reshaping the future of work across different industries.
Hong Kong authorities expect to license more crypto exchanges before the end of this year, according to Financial Secretary Paul Chan. At the ongoing Hong Kong FinTech Week, Chan stated that the Securities and Futures Commission (SFC) is actively reviewing more platforms for potential licensing. The news indicates that more virtual asset service providers could […]
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