Bitdeer clocks 50% gross profit jump amid Bitcoin mining ramp up
The Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth. Go to Source
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Bitcoin miner Argo repays $35M Galaxy bailout loan
The loan saved Argo from bankruptcy during the crypto winter of 2022. Go to Source
OpenAI fears people will forms bonds with the AI it developed to fool humans
The warning shows that developers are aware that anthropomorphization is a legitimate concern in the AI industry. Go to Source
Quantum computers are advancing much faster than scientists expected
Breakthroughs in scalability, error-correction, and infrastructure have led to an accelerated timeline for quantum advantage. Go to Source
Synthetix to add Chainlink when v3 exchange launches on Arbitrum
It could be followed with deployments on Optimism and Base. Go to Source
Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies. Go to Source
Andrena Raises $18 Million to Develop Solana-Based Depin Broadband Protocol Dawn
Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop Dawn, a Solana-based decentralized broadband distribution network. Andrena Raises $18 … Read more
Coinbase to expand use of Vaults for secure crypto custody — Executive
Coinbase currently holds approximately $270 million in customer assets. Go to Source
Franklin Templeton’s tokenized money fund launches on Arbitrum
It’s a stamp of approval for the layer-2 from United States regulators. Go to Source
Jump likely shuttered development arm, not trading — 1000x co-host
Jonah Van Bourg expects Jump’s quantitative crypto trading business is continuing to operate as before. Go to Source
