DePIN Project Vangrid Secures $9M in Seed Funding to Build 3D Data Network
Vangrid, a decentralized physical infrastructure network (DePIN) project, has raised $9 million in seed funding, as reported by The Block.…
Category: Financial
Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects
Hut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4…
Iran & Oman Set to Issue Joint Statement on Temporary Hormuz Transit Corridor, Oil Price Relief?
Iran and Oman have agreed on geographic coordinates for a temporary shipping corridor through the Strait of Hormuz, with a…
CFTC chief backs innovation in $1.2 quadrillion derivatives market
CFTC Chairman Michael Selig said regulators must give financial innovation room to lead as the global derivatives market enters a…
Strategy’s Saylor Claims ChatGPT Fueled $15B Financial Breakthrough
Speaking with Steven Bartlett on The Diary of a CEO podcast, the Strategy executive chairman described AI as a tool…
Jim Cramer Is Selling His Bitcoin Over Quantum Threat—Crypto Twitter Is Thrilled
In brief Jim Cramer says he is selling his Bitcoin after IBM CEO Arvind Krishna told him to get “paranoid”…
Gold hits six-week highs on China demand as Bitcoin ignores fresh S&P 500 record
Bitcoin ($BTC) stayed wedged at $64,000 on Wednesday’s Wall Street open as gold hit six-week highs. Key points: Gold analysis…
Aave And ether.fi Founders Lead Opposition To Ethereum’s Staking Yield Burn
Aave founder Stani Kulechov and ether.fi chief executive Mike Silagadze have come out against the proposal to burn a rising…