Discusses advancements, use cases, and technical aspects of blockchain technology, not limited to financial applications.
FLOW surged 17% after being listed on @OKX_Australia and key network updates. Now trading at $0.6283 with a 361% volume spike to $150M, its market cap hit $950M. Developed by @dapperlabs, Flow supports dApps and digital assets. #Update $FLOW
Riot Platforms (@RiotPlatforms) acquires Block Mining for $92.5M, increasing its Bitcoin mining capacity by 60 MW, with plans to reach 110 MW by 2024. This boosts total capacity to 2 GW, aiming for a 16 EH/s hash rate by 2025. #Update #BitcoinMining
Riot Platforms, Inc. acquires Block Mining, Inc. for $92.5M to boost hash rate. The deal includes 60 MW capacity, aiming to hit 100 EH/s by 2025. Analysts raise 2024 revenue estimates to $344.2M. #CryptoNews #Update
Nigeria has launched an annual tech training program for 1,000 citizens, focusing on AI, blockchain, and advanced technologies. Supported by a 150,000 naira grant for SMEs, this initiative aims to position Nigeria as a global tech leader. #Update @NITDANigeria #TechTraining #NigeriaTech
Senator @CynthiaMLummis opposes a 30% energy tax on Bitcoin miners, arguing it risks pushing the industry overseas and stifles innovation. Up to 52.6% of Bitcoin mining is emissions-free, and the tax targets even off-grid sources. #CryptoNews
?? The Russian parliament passes a bill to use crypto for international trade and legalize crypto mining, effective Sept 1, 2024. This move aims to counteract Western sanctions and boost trade with China, India, and Turkey. #CryptoNews #Update
Injective (@Injective_) integrates Mountain Protocol’s USDM, allowing users to earn yields on Treasury Bill-backed assets and use the stablecoin as margin for derivatives trading. Helix, an Injective-based DEX, will be the first to offer USDM collateral. #Update
Fireblocks has launched “Fireblocks for Startups,” offering blockchain tools like treasury management, custody wallets-as-a-service, and non-custodial key management. This suite aims to bolster security for growing startups. #Blockchain #Crypto #Update
SingularityNet invests $53M in the first modular AGI supercomputer and advanced AI data centers. The scalable supercomputer, integrating Nvidia, AMD, and Tenstorrent tech, enhances AI collaboration. This move could impact the crypto market by merging AI with blockchain. #AI #Update
Solana ($SOL) jumps 33.78% in 30 days to $180.76, but analysts warn of a potential downturn. Rollblock ($RBLK) draws investors with its DeFi casino model, offering 30% weekly profits and predicting 800% surge. Currently priced at $0.017. #Update
Quantum computing is advancing fast, posing risks to blockchain security. Lisa Loud warns that Bitcoin and Ethereum’s encryption could be vulnerable to quantum attacks within 10-20 years. Blockchain must innovate for quantum resistance now. #Update #BlockchainSecurity
ApeCoin DAO votes to launch an APE-themed hotel in Bangkok with 91% support. The hotel will feature themed rooms, exhibitions, and a bar. Voting ends July 31. $APE #Update
Blockchain tech is set to revolutionize the $250B creator economy by democratizing revenue and boosting engagement. SocialFi platforms will enable direct earnings for creators through audience interaction, while NFTs ensure digital ownership and monetization. #Update #Blockchain
Sei, ORDI, and Arweave surged over 10% following Bitcoin’s 3% rise. $SEI led with a 12.5% jump due to its v2 mainnet beta release. $ORDI and $AR also saw gains, driven by new protocol integrations. #Update
