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Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus in certain areas, this power can be supplied to legal and registered energy miners operating outside the “gray” zone. Russia Will Not Prioritize Supplying Energy … Read more
Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development. Go to Source
The libertarian President of Argentina, Javier Milei, has shared his perspective on how wealth should be created efficiently and who should be responsible for its creation. During a visit to Mercado Libre’s offices on Thursday, Milei stated that while a president can create conditions that make investing attractive and profitable, the only ones who can … Read more
Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a special meeting and potential acquisition. Bitfarms claimed that Riot refused to engage constructively and is attempting to buy Bitfarms at a discount for its own shareholders’ benefit. The board will review Riot’s proposal but shareholders do not need to take any … Read more
The 1inch team has been strategically maneuvering within the crypto market, recently executing a significant buyback of its 1INCH token. According to recent data, the team spent 1.751 million USDC to repurchase 7.961 million 1INCH tokens at an average price of $0.22. This buyback is part of a broader strategy that began on July 5, … Read more
Penpie, a protocol built on top of Pendle, recently experienced a significant security breach that resulted in a loss of funds. In response, the Pendle team swiftly intervened to protect approximately $105 million from further potential losses. Alert: Penpie has encountered a security compromise. We have paused all deposits and withdrawals. Our team is working … Read more
Aave continues to dominate the DeFi sector, boasting over 80,000 monthly active users. However, recent whale activity has drawn significant attention, shedding light on both losses and strategic buying within the ecosystem. ‘ @Aave is dominating the DeFi space with over 80k monthly active users Imagine where this number can go with their recent partnership … Read more
DeFi has the potential to become a robust parallel financial system, but to unlock this potential, it must cater to the needs of institutional players by developing first-class financial primitives. This perspective, shared by Jesus Rodriguez, CEO of IntoTheBlock, highlights the importance of creating an infrastructure that can meet the rigorous requirements of large-scale institutions. … Read more
Vitalik Buterin, an early investor in StarkNet, recently unlocked 1.268 million STRK tokens from the Starknet LockedTokenGrant contract, valued at approximately $470,000. Currently, he holds a total of 2.113 million STRK tokens, worth around $781,000, making STRK his most valuable token outside of ETH. As StarkNet approaches the launch of its staking protocol, these developments … Read more
The recent merger of $OCEAN, $AGIX, and $FET is more than just a strategic alliance—it’s a unified effort to accelerate the creation of Artificial Super Intelligence (ASI). But what exactly is ASI, and why did these leading AI and blockchain projects decide to come together? Artificial Super Intelligence refers to a form of AI that … Read more