Bitcoin
Bitcoin Miners Flush With Chips Are Pivoting to AI in Search of New Riches
Posted in Hardware, Software on 11th Feb, 2025
by Alexander Muller
Another industry with a voracious appetite for computing has arrived just in time. The rush to train massive generative AI models has left companies scrabbling for chips, datacenter space, and reliable access to large amounts of cheap power, things many miners already have in abundance.
First bitcoin ETF could be coming soon as court rules in favor of Grayscale over SEC
Posted in Business, Online on 31st Aug, 2023
by Alex Muller
A federal appeals court ruled that the SEC was wrong to reject Grayscale’s application to convert its flagship Grayscale Bitcoin Trust, which the SEC approved in 2015, and which holds more than $15bn in bitcoin, into an ETF.
Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network
Posted in Business, Online, Software on 26th May, 2023
by Alex Muller
According to Stably, every #USD token is backed 1-to-1 with USD in a collateral account managed by a US-regulated custodian for the benefit of KYC/AML-verified token holders.
Andreessen Horowitz Goes Big on Crypto with a New $2.2B Fund
Posted in Business, Online on 4th Jul, 2021
by Alex Muller
So far this year, venture capitalists have invested $17 billion in crypto companies, with much more to come it seems.
Government will attempt to combat ransomware with Bitcoin regulation
Posted in Business on 4th May, 2021
by Alex Muller
Many of the exchanges, which conduct the critical operation of turning cryptocurrency into dollars or other widely accepted currencies, are in countries outside the reach of U.S. regulators.